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A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Balance 52
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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”

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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . How to analyze your Tail Spend: Understanding spend data. Tail Spend Challenges.

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Balance sheet assets greater than €20 million More than 250 employees Even though the UK is not part of the EU, CSRD will impact some UK-incorporated companies. Implications for Procurement & Supply Chain Supply Chain Due Diligence: The CSRD places increased emphasis on supply chain transparency and due diligence.

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Charging Forward: Public sector EVs pose both challenges and opportunities for state agencies and their partners

American City & Country

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Additionally, the rapid pace of technological advancements in the EV sector can make it difficult for procurement teams to keep up, leading to concerns about the long-term viability of their investments.

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Tightening the Alignment between Procurement and Corporate Leaders 

ivalua

From this data, you may infer that Procurement is ready to play an active role in managing supplier risk. Merging CEO expectations with Procurement team priorities will offer some clear opportunities for CPOs. Embedding ESG into the Procurement processes and strategy. Main Corporate Risks. Catalyst for Change.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.