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. If a supplier that was once performing well in relation to delivering excellent quality suddenly starts to present with many defects or lower quality items, this would raise concern.

Import 59

Import Procurement Supplier Supply Chain 59

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

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

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. Supplier Data Quality & Management in Decision Making.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

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

The Procurement School

AUGUST 11, 2023

Part of the outcome for assessing efficiency is to determine the appropriate level of resources to support the function and the quality of the work, which becomes a benchmark. 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.

Efficiency 52

Efficiency Balance Procurement E-procurement 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!’ This was the challenge made to the Ivalua R&D team a year ago.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94