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The Future of Supplier Management is Here, and it’s Holistic

ivalua

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

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

ivalua

Redwood, CA – 14 th September 2021 – Ivalua , a leading global spend management cloud provider , announced today the results of a commissioned study conducted by Forrester Research on behalf of Ivalua which shows that companies have been prioritizing CSR initiatives as part of their core business strategies – and it has paid off.

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Creating a small and diverse vendor engagement strategy

Bonfire

Some phrases or acronyms you may have seen around this topic include: disadvantaged business enterprise (DBE); diversity, equity, and inclusion (DEI); or supplier diversity. At what point did diverse suppliers or small suppliers become a priority? Put in as much effort as you can so your target businesses don’t have to.

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Australian Arbitration Week Recap: Hot Cakes & Hot Takes—Trends and Developments in Asia’s Energy Sector

Kluwer Arbitration

Against this backdrop, a company’s social licence to operate is critical for delivering business strategy and avoiding disputes that delay projects or impact reputation. The panel also stressed the importance of delivering on environmental and cultural commitments in order to build positive relationships and avoid disputes.

Price 59
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How federal contracting looks to women-owned businesses

Federal News Network

One of the things that we’ve uncovered is that 75% of the women owned businesses surveyed reported that corporate and government contracting is really critical to their business strategy. So looking at it from the small business side, that’s one issue. And so it’s not just a statistic.

Contract 115
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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?

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Procurement Best Practices in 2021? 8 Procurement Predictions from Ardent Partners

ivalua

Prediction 3: Procurement will drive critical business strategies in 2021-22. The next big trend outlined in Bartolini’s presentation is Procurement’s growing business impact. We expect sourcing leaders will be reevaluating their suppliers and bringing more RFPs to market.”. Ardent Partners Big Trends, February 2021.