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

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.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

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. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually.

Sustainability 52

Sustainability Buyers Supplier E-procurement 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. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

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. Early indication in this situation would be key to risk management.

Import 59

Import Procurement Supplier Supply Chain 59

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. First of all, to really make the most of what your suppliers can offer, you need to manage the basics of supplier management well. It struck me that the technology achieves two goals.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

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