ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Supplier 40

Supplier Management Supply Chain Buyers 40

ivalua

MARCH 29, 2019

Even in terms of the “improved sales / marketing” route, there are possibilities – maybe procurement can work with the marketing team to find innovative suppliers in areas such as digital marketing? When it comes to improving existing products (or services), suppliers are often better placed than the business itself to identify opportunities.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis. Risk & Performance Management.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

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

Unlock the power of AP automation and hit new heights in straight-through-processing by utilizing smart matching within one-click workflows that manage line level allocations and tax treatment automatically. Remove of overhead of payment queries with real-time Supplier updates. Touchlessly matches Invoices to suppliers to master data.

Supplier 52

Supplier Buyers Budget E-procurement 52

ivalua

JANUARY 20, 2016

Such change is pushing manufacturers (and their solution providers) to reinvent nearly every aspect of their businesses from demand sensing to the plant floor, logistics, sourcing, supplier management, and financial management. Suppliers are a tremendous source for both product innovation and cost reduction initiatives.

Manufacturing 40

Manufacturing Supplier Collaboration Risk Management 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

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As Procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

SEPTEMBER 2, 2019

Why did these outsiders want to know about our key strategic suppliers? . 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.

Procurement 56

Procurement Supplier Management Buyers 56

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

JANUARY 2, 2024

For what buyers and sellers can expect in the year ahead, we hear from Sonny Hashmi. In fact, it adds burden to the marketplace, to vendors and suppliers, and it adds so much more complexity to acquisition officials when they’re thinking about where to go and get their services from. We have to share this data with each other.

Supply Chain 95

Supply Chain Balance Supplier Data 95

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks. Navigating sole source procurement?

Procurement 52

Procurement Supplier Price Competitive Bidding 52

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

Outside of the federal acquisition workforce, Harada said OFPP’s other 2024 priorities are further strengthening and diversifying the supplier base and improving the underlying data that supports the acquisition workforce and contracting processes. We can ensure that we’re doing that kind of appropriate outreach, etc.”

Category Management 75

Category Management Innovation Budget Management 75

The Procurement School

OCTOBER 22, 2024

The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

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