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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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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?

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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. The firm offers solutions for cities , other governments and corrections.

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How to Relieve Labor Shortage Challenges with Vendor Managed Inventory

American City & Country

By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. For agencies facing labor shortages or limited resources, VMI can be a game-changer.

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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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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Striking the balance between structure, compliance, and success can be a difficult task – and Ivalua is here to provide the perfect balance between those two objectives! Get ready for revolutionary Public Sector spend and procurement management. Where to Start?

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Balance supply chain risk and resilience with ROI.