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5 Steps Towards Modernizing Supplier Management

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When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

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Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux

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If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

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

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The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.

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Volkswagen Group Selects Ivalua to Digitize its Indirect Procurement Processes

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We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. The Volkswagen Group sells its vehicles in 153 countries. “We Ivalua is a leading provider of cloud-based Spend Management software.

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CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

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35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. Survey participants included decision-makers in procurement in various industries, including CPG, finance, telecommunications, technology, and manufacturing/ automotive.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

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The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

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Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market.