ivalua

JUNE 29, 2020

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.

Supply Chain 87

Supply Chain Distribution Strategic Sourcing Quality 87

ivalua

DECEMBER 3, 2021

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 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 133

Supply Chain Buyers Procurement Risk Management 133

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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. The study also highlights that most organisations are not communicating across the supply chain to drive green initiatives. Suppliers have an important role to play in tackling climate change.

Supplier 52

Supplier Supply Chain Buyers Sustainability 52

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Supplier 98

Supplier E-procurement Ethics Supply Chain 98

ivalua

AUGUST 26, 2021

Majority of European suppliers not being asked to prove they protect against labour violations, while 76% of UK suppliers are unprepared for new changes to the Modern Slavery Act. Just half (50%) of European suppliers said they are frequently asked by their buyers to provide proof that they protect against unsafe working conditions.

Procurement Team 40

Procurement Team Supplier Supply Chain Buyers 40

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. The study also highlights that most organisations are not communicating across the supply chain to drive green initiatives. Suppliers have an important role to play in tackling climate change.

Supplier 40

Supplier Supply Chain Buyers Sustainability 40

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Now is the time to rethink supplier relationships for 2021 and beyond. Supplier Relationship Management – time to rewrite the rule-book? What does this teach us about Supplier Relationships?

Supplier 52

Supplier Management Supply Chain Tender 52

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Supplier 59

Supplier Management Buyers Innovation 59

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive.

Supply Chain 52

Supply Chain Buyers IT 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

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

ivalua

JUNE 29, 2022

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

MAY 19, 2022

Having the complete source-to-pay journey within the Ivalua Platform will help our customers build stronger, reliable supplier relationships”, said David Khuat-Duy, Founder and CEO of Ivalua. The high-level benefit of embedding the TransferMate payment solution within the Ivalua Source to Pay journey is that supply chains can become stronger.

Supply Chain 52

Supply Chain Supplier Buyers Finance 52

Scottish Government Procurement

SEPTEMBER 29, 2023

This commitment extends to their procurement and supply chain management, which is a vital part of sector activity. A shared Supply Chain Climate and Ecological Emergency Strategy has now been agreed by the Principals’ groups of both the University and College sectors in Scotland.

Supply Chain 70

Supply Chain Public Procurement Procurement Sustainability 70

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. This is a great place to begin the conversation about supplier trade credits and terms. Is it worth it?

Efficiency 52

Efficiency Buyers Supply Chain Supplier 52

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. The post Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux appeared first on Ivalua.

Supplier 40

Supplier Automotive Supply Chain Data 40

ivalua

MARCH 4, 2016

getting involved early on in the New Product Introduction ( NPI) cycle to ensure suppliers risk is being properly evaluated in production capacity and quality. Software that is built for indirect spend will not function in critical areas such as breaking down bids and collaborating with suppliers at the bill of material level.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

Scottish Government Procurement

SEPTEMBER 1, 2023

Ahead of Scot Climate Week 2023 , we welcome a guest blog from the Peatland ACTION project to tell us about the variety of supply chain opportunities and wider peatland restoration work. We will also be in person at the Meet the Buyer North event taking place on 12 September 2023 at Aberdeen Music Hall.

Procurement 52

Procurement Supply Chain Tender Supplier 52

ivalua

MAY 28, 2014

In my last blog post, “ Will your supply chain lead in the next decade? ,” I talked about Gartner’s first-day focus at their Supply Chain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supply chain organizations.

Supply Chain 40

Supply Chain Innovation Total Cost of Ownership Cost of Ownership 40

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52

ivalua

FEBRUARY 25, 2021

Effectively Managing Supplier Information, Risk & Performance. Establishing an environment where information is digitally exchanged between buyers and suppliers and where processes are interconnected has become essential in the new generation of procurement and supply chain management. Demo Breakout.

Supply Chain 40

Supply Chain Supplier Buyers Demand 40

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

MARCH 5, 2020

And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile. That includes quite a range of issues now, ranging from climate change and de-forestation to modern slavery or supporting diversity in our supply chains.

Collaboration 52

Collaboration Procurement Supply Chain Supplier 52

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. There are exceptions to every rule, and that rule just doesn’t work.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With global trade volumes expected to grow by 4.7%

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 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.

Supply Chain 96

Supply Chain Balance Supplier Data 96

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With global trade volumes expected to grow by 4.7%

Supply Chain 40

Supply Chain Supplier Finance Transparency 40

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

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Some of these challenges include limited: .

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g.,

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g.,

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

MARCH 27, 2023

CTC systems not only enable governments to streamline Supplier Invoice tracking and monitor tax reporting–but keep an eye on unpaid VAT as well; truly revolutionising our approach on how taxes will be collected going forward! Every supplier will be forced to send Government approved invoices to their clients. What are the implications?

E-procurement 52

E-procurement Procurement Strategies Supplier Finance 52