ivalua

JUNE 27, 2022

Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. C2FO: Buyers on the Ivalua platform can pay their suppliers early and proactively set goals for return on their cash. It Pays to Partner! C2FO: Unequivocally.

Supply Chain 52

Supply Chain Buyers Supplier IT 52

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

FEBRUARY 8, 2023

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Open Contracting Partnership

AUGUST 1, 2024

Procurement is how residents, governments and even government officials themselves experience their city government as effective, welcoming, and inclusive – or the opposite of these values. It was great to be in cities where the city leaders are using procurement as a strategic lever to bring these values to life.

Public Procurement 73

Public Procurement Procurement Buyers Procurement Team 73

Scottish Government Procurement

SEPTEMBER 25, 2024

As well in June, we had Meet the Buyer National, a great event that took place in Hampden Park in Glasgow, where businesses, social enterprises, and third sector organisations, all came together with Scottish public procurers. A really good and enjoyable event. million per annum on the Supply of Natural Gas.

Procurement 57

Procurement Buyers Public Procurement Supplier 57

ivalua

JULY 13, 2022

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. ESG Objectives for Buyers. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

APRIL 12, 2019

Soft skills and leadership are key enablers for procurement teams and are as important as technological competence. Paul agreed, saying that AI would not replace what humans do but would add intelligence and enable buyers to focus on more added value activities. Fresh mint, maybe? Or aluminium, perhaps?)

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

AUGUST 17, 2021

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.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues. The results of the KPI would flag up reduced performance and allow the buyer to address this issue. A good tool to use to create KPIs is SMART. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

OCTOBER 18, 2022

By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come. Build a Data-literate Team. To improve data quality, teams need to invest in automation, both to streamline data entry and to ensure that information is being inputted correctly.

Transparency 52

Transparency Supply Chain Data Procurement 52

The Procurement School

AUGUST 11, 2023

Outsourcing procurement services can have an immediate effect on the efficiencies of operations. It could be unfair to compare a procurement department’s efficiencies to those of an outsourced service; however, the comparison would consider the advantages of accessing a more efficient operation provided by a 3 rd party service provider.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

Bonfire

MARCH 29, 2022

What general policies do crown corporations follow when it comes to procurement, POs, and contracts? If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. The end goal is to drive purchase prices down for the buyer.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

American City & Country

AUGUST 28, 2024

Origins of sustainable public procurement The roots of sustainable public procurement have been traced to the 1992 United Nations (UN) Conference on Environment and Development. Pursuing a sustainability plan When a procurement team is committed to green purchasing, there are a variety of strategies that can be considered.

Sustainability 97

Sustainability Purchasing E-procurement Procurement 97

ivalua

JUNE 29, 2022

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

DECEMBER 3, 2021

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

JUNE 6, 2019

Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Supplier 40

Supplier Automotive Supply Chain Data 40

Tracker Intelligence

MARCH 28, 2025

Your answer will depend on your business size, sector and procurement goals. Clarification questions play a crucial role in the tender bidding process, allowing bidders to clarify details related to tender invitations through a built-in messaging system on procurement portals.

Tender 52

Tender Bidding Supplier E-procurement 52

Scottish Government Procurement

DECEMBER 20, 2023

And I’m really proud to see procurement play a pivotal role in our drive towards a sustainable economy and delivering for the people of Scotland. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team. However, there are a few things that I would definitely like to mention.

Public Procurement 62

Public Procurement Procurement Sustainability Logistics 62

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers.

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

MARCH 29, 2019

For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue. Procurement can really come into its own by supporting that supplier-driven innovation and improvement. It struck me that the technology achieves two goals.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MARCH 4, 2016

About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. What if you could collaborate as a team early on, and provide the kind of insight that helps the cross-functional stakeholder team view you as indispensable as part of the process? It was wonderful.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

Tracker Intelligence

DECEMBER 30, 2024

Public procurement these days is not just about acquiring goods and public services at low costs. Let us have a closer look at how social value is revolutionising procurement and paving the way for meaningful community impact and environmental benefits. What Is Social Value In Public Procurement?

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. Role of Technology in Promoting Competition The role of technology in fostering a competitive procurement landscape cannot be understated.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

During his remarks, Former Congressman Davis will provide an in-depth analysis of the results of the election and its far-reaching implications for the federal market and procurement policy. Market and Procurement Outlook Panel: What’s Next? October 9 : Imaging Equipment Committee Meeting with MAS Office Management Branch – Virtual.

E-procurement 52

E-procurement Procurement Price Buyers 52

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers.

Supply Chain 40

Supply Chain Supplier Finance Transparency 40

ivalua

OCTOBER 29, 2019

The implementation team must have the right representation across agencies. How will the project schedule and phases align with team members’ other work responsibilities? The same thought process should be extended to the larger procurement team. Staffing is not just a matter of part time headcount for the project team.

Eprocurement 40

Eprocurement Change Management Influencing Procurement 40

Scottish Government Procurement

DECEMBER 20, 2023

And I’m really proud to see procurement play a pivotal role in our drive towards a sustainable economy and delivering for the people of Scotland. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team. However, there are a few things that I would definitely like to mention.

Public Procurement 40

Public Procurement Procurement Sustainability Logistics 40

ivalua

MAY 21, 2020

Procurement teams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. Procurement can see that, but the rest of the organization can’t. It’s changed dramatically. Then they’ll follow your lead.

Supply Chain 52

Supply Chain E-procurement Supplier Leadership 52

ivalua

OCTOBER 1, 2019

The user experience issue emerged in the seventies with the spread of information technology to the masses. Until then, users were either experts, engineers or IT specialists. Today, we have entered the “customer experience era”. The user experience is therefore a key component of the customer experience. But what does it cover?

Procurement 40

Procurement E-catalogue E-procurement Supplier 40

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ There are exceptions to every rule, and that rule just doesn’t work.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Bonfire

MARCH 24, 2022

Today I’m proud to commemorate the 10-year anniversary of Bonfire and, with it, the incredible clients and team who have made our success possible. It would be months before we got the results and by then we had turned down several opportunities to avoid overextending our team. For once, everyone knew the procurement minister’s name!

Eprocurement 52

Eprocurement Public Procurement Procurement Procurement Team 52

Tracker Intelligence

MARCH 12, 2025

Public procurement is not just about ensuring a single contract; instead, it requires a long-term strategy to stay ahead of the competition. They follow public procurement best practices strategies that help you not only win contracts but keep them coming. Crafting A Winning Procurement Strategy A proactive approach gives you the edge.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Tracker Intelligence

NOVEMBER 29, 2024

This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges. It also highlights how Tracker Intelligence can assist in managing headaches associated with public sector procurement. Hence, all procurement activities are ensured to be clean and fair.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 52

Scottish Government Procurement

MARCH 19, 2025

Where Ill be taking a look back at some of the recent developments and a quick look forward at what’s coming up across the public procurement community. Our new Biosecurity guidance is now live on our Sustainable Procurement Tools website. It’s great to be back! My first vlog of 2025.

Procurement 57

Procurement Public Procurement Sustainability Collaboration 57

The Coalition for Government Procurement

DECEMBER 19, 2024

Wishing OFPPs Lesley Field a Happy Retirement The Coalition for Government Procurement would like to extend its warmest congratulations to Lesley Field on her upcoming retirement and express gratitude for her remarkable service to the nation and the acquisition community. Happy Holidays and best wishes for the New Year!

Inventory 52

Inventory Procurement Data Thresholds 52