ivalua

JUNE 4, 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. Managing a complex network of direct material suppliers.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

ivalua

FEBRUARY 8, 2023

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. Work to achieve 100% supply chain visibility. Why is visibility so important?

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

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.

Import 59

Import Procurement Supplier Supply Chain 59

The Procurement School

AUGUST 11, 2023

Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well. Formula : The annual cost savings driven by procurement / annual cost of the procurement department. This would be reported as: 2,500,000 / 500,000 = 5X.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

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

ivalua

JUNE 29, 2022

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

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

ivalua

DECEMBER 3, 2021

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

Bonfire

MARCH 24, 2022

Fast-forward 10 years and Bonfire’s eProcurement platform has streamlined the process for 451,506 global users (and counting), including buyers, vendors, and evaluators. In that time, we’ve never stopped evolving to respond to the changing landscape of public procurement. What’s next?

Eprocurement 52

Eprocurement Public Procurement Procurement Team Procurement 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 Data Supply Chain 40

Scottish Government Procurement

DECEMBER 20, 2023

Then in February, we published a report showcasing the success of Scotland’s journey of achieving sustainable procurement outcomes over the past 20 years, driven by a strong passion and commitment across all sectors. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

Public Procurement 62

Public Procurement Procurement Sustainability Logistics 62

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

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. And AI is not THE solution, but is one of the potential solutions.

Supplier 70

Supplier Capacity Procurement Team Procurement 70

Scottish Government Procurement

DECEMBER 20, 2023

Then in February, we published a report showcasing the success of Scotland’s journey of achieving sustainable procurement outcomes over the past 20 years, driven by a strong passion and commitment across all sectors. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

Public Procurement 52

Public Procurement Procurement Sustainability Logistics 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

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions. Tail Spend Challenges.

Buyers 52

Buyers Supplier Purchasing Procurement Team 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. The key was (and is) enabling more effective working between Meritor and key suppliers, who are supporting the drive for growth. It struck me that the technology achieves two goals.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

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

MARCH 4, 2016

Giving buyers the proper tools to become key business partners is not a “nice to have” scenario—it is a critical path to managing risk and ensuring success. After the conference, I happened to follow up with a mid-manager who functioned as a liaison between IT and the Procurement team.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MAY 21, 2020

Today, procurement leaders have a seat at the table in e-staff meetings. 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. How has the role changed over the past few years?

Supply Chain 52

Supply Chain E-procurement Leadership Supplier 52

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. With the right team in place, you’ll be able to make full use of your supply chain data and unlock the insights you need to improve visibility and drive better decision-making.

Transparency 52

Transparency Supply Chain Data Procurement 52

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. Going forward, the agencies that use a patchwork approach are working towards adopting a single tool that will streamline their processes and support procurement success.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

ivalua

OCTOBER 1, 2019

Expectations will be different for our procurement optimisation solutions and will depend on whether the user is an experienced buyer, an occasional requestor or a Procurement Director. The user experience will vary according to the user’s business profile.

Procurement 40

Procurement E-catalogue E-procurement Engineering 40

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management.

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52

ivalua

OCTOBER 29, 2019

Staffing for the core team members and project leadership must flex with the needs of the implementation effort. 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.

Eprocurement 40

Eprocurement Change Management Influencing Procurement 40