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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

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PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

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More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour

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Majority of European suppliers not being asked to prove they protect against labour violations, while 76% of UK suppliers are unprepared for new changes to the Modern Slavery Act. Just half (50%) of European suppliers said they are frequently asked by their buyers to provide proof that they protect against unsafe working conditions.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

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In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

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A Look Into Procurement Metrics Amidst The Pandemic 

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Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Here are some of my takeaways.

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Paris 2021 – EN – David L Loseby

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Develop and lead the implementation of the Indirect procurement strategy. Leadership of the centralised indirect procurement team. Development of effective (Direct & Indirect) Supplier engagement and relationship management. The post Paris 2021 – EN – David L Loseby appeared first on Ivalua.

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Ivalua Offers Employees a New Integrated Search e-commerce Experience with Amazon Business

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Paris, June 10, 2021 – Ivalua, a global leader in Cloud Spend Management solutions , announced a new capability to provide employees access to Amazon Business directly and seamlessly from within the Ivalua platform, going beyond the traditional PunchOut. Tail spend has always been difficult to control by procurement teams.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Focus on digital transformation and adopt procurement technology.