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REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.
Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurementteams are becoming a more intrinsic part of businessstrategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.
New Ivalua study shows technology challenges are hindering procurementteams from achieving business objectives. The study revealed the challenges procurementteams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.
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 businessstrategies – and it has paid off.
Whether the motivation is new legislation or funding requirements, increasing competition in your RFP responses, or supporting your community — there’s no wrong reason for public sector procurementteams to foster more diversity in their vendor pool. At what point did diverse suppliers or small suppliers become a priority?
Role of Procurement is not what it used to be. The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable businessstrategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder.
The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable businessstrategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Smart procurement tools can shrink the skills gap.
Navigating sole source procurement? 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.
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