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The 16 th annual Meet the Buyer National is set to return to Murrayfield Stadium on Wednesday 4 June 2025, from 9:30am to 3:30pm. Meet the Buyer National is hosted by the Supplier Development Programme and partnered by Scottish Government and Scotland Excel. Keep an eye on the Meet the Buyer event page for speaker announcements.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supplychain. Any supplier within our chain should be performing positively in relation to these areas if they wish to remain on an approved supplier database.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
Meet the Buyer North is set to bring businesses together for the largest free procurement event in the North of Scotland. The Supplier Development Programme will hold the seventh annual Meet the Buyer North event on Wednesday 11 September at The Music Hall in Aberdeen.
China’s role in the global supplychain 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.
The Supplier Development Programme (SDP) and Scottish Borders Council are set to host the 3rd annual Meet the Buyer South event on 29 October at The Volunteer Hall, Galashiels. However, businesses of all sizes are welcome to attend Meet the Buyer South. appeared first on Public Procurement and Property.
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supplychain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react.
Only two weeks to go until the Supplier Development Programme’s seventh annual Meet the Buyer North event , on 11 September at The Music Hall in Aberdeen. The Supplier Development Programme is also delighted to introduce the first ever Health Zone at Meet the Buyer North, sponsored by NHS National Services Scotland.
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.
The 15 th annual Meet the Buyer National event takes place on Wednesday, 5 June 2024 at Hampden Park, Glasgow. Meet the Buyer 2024 Alongside headline partners, Scottish Government and Scotland Excel, over 55 exhibitors have already signed up to engage with suppliers on the day. However, all are welcome!
The past few years have highlighted serious deficiencies in prevalent supplychain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supplychain disruptions. Onshoring suppliers is another recent reactionary trend.
Businesses must start looking to the supplychain 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.
As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react. There are many supplychain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Some of these challenges include limited: .
As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.
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.
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 supplychain to drive green initiatives. Suppliers have an important role to play in tackling climate change.
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 supplychains and lots of mistrust. There are exceptions to every rule, and that rule just doesn’t work.
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?
In my last blog post, “ Will your supplychain lead in the next decade? ,” I talked about Gartner’s first-day focus at their SupplyChain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supplychain organizations.
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.
John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.
Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers.
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.
The release includes a broad set of innovations to help organizations better manage their spend and suppliers. in “ The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” Specific release highlights include: Supplier Management Innovations: . Sourcing Innovations: .
Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. It does not tell us much about the suppliers.
Public procurement regulations is absolutely front and centre to this, both in terms of buying more sustainable products and services, but also incentivising its supplychain to adopt environmentally friendly practices. What can suppliers do? How do suppliers use their pricing structures to incentivise differently?
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.
Effective procurement practices allow the establishment of a closed-loop circular supplychain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supplychain. . 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.
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 supplychain to drive green initiatives. Suppliers have an important role to play in tackling climate change.
Businesses must start looking to the supplychain 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.
Leveraging purchasing power to capture volume- based pricing within a competitive supplychain 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?
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.
This commitment extends to their procurement and supplychain management, which is a vital part of sector activity. A shared SupplyChain Climate and Ecological Emergency Strategy has now been agreed by the Principals’ groups of both the University and College sectors in Scotland.
In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supplychain visibility–and the changes that need to be made. By taking steps now to improve supplychain visibility, procurement teams can position their organizations for success in the years to come.
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 supplychains.
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 supplychains can become stronger.
China’s role in the global supplychain 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.
Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supplychain 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. .
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.
Empowering Procurement and SupplyChain Leaders Across the Globe. Manufacturing clients adopted capabilities that help to launch and deliver more innovative, profitable products faster and better manage associated supply risk, including robust Bill of Materials (BOM) capabilities. Recognized as a Leader by Analyst Firms.
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