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

ivalua

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. Create speed and transparency. Why is visibility so important?

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. Centralized and decentralized procurement & supply chain organization. 2B EUR Revenue in 2021. Körber at a Glance…. Growth and Challenges.

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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In fact, 44% of respondents noted supply risk as a top priority, while 27% cited ESG as a priority–and the percentage of CPOs that have prioritized savings has nearly doubled year over year since 2021. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes.

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Ivalua partners with TransferMate to eliminate the financial friction from cross-border trade

ivalua

The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. Notes to Editors.

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Procurement Rising – The Time is Now

ivalua

The reality is that too few procurement teams have experience here. A core goal of Ivalua’s in 2021 is to help more leaders do so. At Ivalua NOW 2021, which will again be virtual to ensure safety and allow greater participation, we’ve selected “Procurement Rising” as our theme for this reason.

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Transforming Procurement - What Can Universities Expect?

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The Green Paper on Transforming Procurement promises simplification of the procurement rules for universities, as well as generating social value and ensuring value for money. However, the big announcement in 2021 was that the introduction of a new procurement regime is unlikely to come into effect until 2023.