Art of Procurement

APRIL 4, 2024

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort.

Supply Chain 52

Supply Chain Buyers Risk Management Supplier 52

Art of Procurement

APRIL 4, 2024

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

Supply Chain 52

Supply Chain Buyers Procurement Risk Management 52

Federal News Network

MARCH 25, 2024

Recognizing that a significant amount of plastic waste comes from “one and done” packaging, the General Services Administration (GSA), among the largest government buyers purchasing a diverse set of products, sought information in connection with an anticipated rule on single-use packaging in products on the MAS. Sustainability.

Procurement 59

Procurement Supply Chain E-procurement Buyers 59

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

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. The issue could be a minor blip in production but it could be more serious. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

AUGUST 5, 2020

The AP journey starts even before the Supplier Invoice is received, and before the Supplier’s billing team generates the invoice, it begins with the Buyer’s Order. This could be a delivery note, time sheet, receipt or an acknowledgement from the Buyer. Improves efficiency by allowing the Supplier to flag the buyer.

Supplier 52

Supplier Buyers Budget E-procurement 52

ivalua

JANUARY 20, 2016

You must be able to capture buyer needs more effectively and create products that meet those needs in the shortest amount of time possible. Improving sourcing cycle time is critical, as is having the right information in place to navigate around roadblocks and mitigate risk. Risk management. Mastery of analytics.

Manufacturing 40

Manufacturing Supplier Collaboration Risk Management 40

The Coalition for Government Procurement

MARCH 22, 2024

Recognizing that a significant amount of plastic waste comes from “one and done” packaging, the General Services Administration (GSA), among the largest government buyers purchasing a diverse set of products, sought information in connection with an anticipated rule on single-use packaging in products on the MAS. Sustainability.

Procurement 49

Procurement Supply Chain E-procurement Buyers 49

Tracker Intelligence

FEBRUARY 22, 2025

The fundamental tenets of fairness, value for money, and transparency form the foundation of public procurement and contribute to the development of an atmosphere that benefits suppliers as well as buyers. Transparency, fair competition and also robust contract management are required to ensure that public money is being spent responsibly.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Effectively managing suppliers is now one of the most important factors in organizational success.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Federal News Network

JANUARY 2, 2024

For what buyers and sellers can expect in the year ahead, we hear from Sonny Hashmi. New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging. So supply chain risk management and elimination becomes a very important discipline.

Supply Chain 95

Supply Chain Balance Supplier Data 95

ivalua

JUNE 4, 2020

But it just isn’t possible to achieve the levels of organization and collaboration necessary to collect all the data from suppliers, 3 rd party data providers and internal business processes to give buyers a complete picture of each supplier across the supply chain without a serious database and supporting processes. Financial, etc.).

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

ivalua

NOVEMBER 5, 2015

Finger-crossing as a risk management best practice – Recognizing that risk avoidance is a challenging ROI number to calculate and ignoring low probability events or assuming that you can quickly implement contingency plans is a poor strategy.

Supplier 40

Supplier Management Supply Chain Buyers 40

ivalua

JANUARY 30, 2023

You need emission data that will allow category managers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Corporate emission data from suppliers’ CSR reports or 3rd party climate change questionnaires are not actionable.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

You need emission data that will allow category managers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Corporate emission data from suppliers’ CSR reports or 3rd party climate change questionnaires are not actionable.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

SEPTEMBER 2, 2019

There should be effective management oversight by the “management body”, and outsourcing policies, sound processes and control frameworks must be in place. Risks, from third-party arrangements must be identified, assessed, monitored and reported. There is also a strong focus on contract exit provisions.

Procurement 56

Procurement Supplier Management Buyers 56

ivalua

JULY 8, 2020

But it just isn’t possible to achieve the levels of organization and collaboration necessary to collect all the data from suppliers, 3 rd party data providers and internal business processes to give buyers a complete picture of each supplier across the supply chain without a serious database and supporting processes. Financial, etc.).

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

MARCH 29, 2019

That change in the whole working relationship between buyer and suppliers, needed to support Meritor’s goals, has itself been supported by technology (that’s where procurement technology firm Ivalua comes into the picture). That means supplier master data management; spend and contract analytics; risk management and so on.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

APRIL 11, 2019

He also outlined the road map for the next two years, and it’s clear Ivalua is seeking to be right up there at the leading edge of capability across the whole platform, from risk management to advanced sourcing options. The Future of Procurement” is not a wholly original title, but the next session from Natacha Tréhan was excellent.

Supplier 40

Supplier Procurement Purchasing Category Management 40

Federal News Network

JANUARY 1, 2024

That is really contributing to that greater sense of empowerment problem solve within the acquisition workforce.”

Category Management 76

Category Management Innovation Budget Management 76

Select GCR

SEPTEMBER 3, 2024

The review process includes a thorough evaluation by a buyer to confirm that the submission contains complete information, detailed justification, and appropriate documentation supporting fair pricing. Therefore, procurement teams must implement strategies to manage these risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

The Coalition for Government Procurement

AUGUST 15, 2024

While the buyer had not secured financing when the term sheet was signed, the term sheet was not conditioned on obtaining financing nor does it appear that financing was in doubt.

E-procurement 52

E-procurement Supply Chain Procurement Price 52

FedScoop

OCTOBER 3, 2024

“This new memo provides agencies with the tools and information they need as they acquire AI, capturing its promise while managing its risks.” government is the largest single buyer in the country with an annual spend of over $750 billion. The memo carries weight as the U.S. And by Dec.

Purchasing 141

Purchasing Inventory Buyers Budget 141

The Coalition for Government Procurement

NOVEMBER 2, 2023

Specifically, the PAP states that “[t]he term “fair and reasonable” is generally considered to mean a price that is fair to both parties in a transaction , not higher than what the competitive market would bear or a price that a prudent and competent buyer would pay for a product or service under competitive market conditions.” See Section 2.

Supply Chain 52

Supply Chain Price E-procurement Contract 52

Tracker Intelligence

MARCH 12, 2025

Success in this space requires more than just submitting bids; it demands strategy, consistency, risk management, and a deep understanding of the ever-evolving rules. Getting listed on Dynamic Purchasing Systems (DPS) and framework agreements means buyers can award contracts directly to pre-approved suppliers. The secret?

Public Procurement 52

Public Procurement Procurement Buyers Tender 52