Remove Business Strategy Remove Contract Management Remove Supplier
article thumbnail

Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in.

article thumbnail

Negotiating Contracts in Canada: Tips for Contract Managers

The Procurement School

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Supplier performance had never been measured. Inventory fulfilment rates were low.