Federal News Network

MARCH 26, 2025

billion in costs through category management in fiscal 2024, nearly 29% above their goal for the year. And while no one would say government purchasing has exactly become simple in the intervening 10 years, category management and best-in-class contracting have done their share of work toward making things better.

Category Management 56

Category Management Management Purchasing Budget 56

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

AUGUST 17, 2022

O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance.

Buying Process 52

Buying Process Supplier IT Supply Chain 52

ivalua

MAY 15, 2020

Back to the marketplace – JLL chose Ivalua because of the cultural fit between the firms as well as the strong focus on customer experience, innovation , and data , which matched the JLL philosophy. His long-term vision is a digitally enabled self-serve model for users, with hands-on support when needed and full ”procurement oversight”.

Procurement 52

Procurement Supply Chain Strategic Sourcing Category Management 52

ivalua

MARCH 14, 2019

But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in.

Procurement 40

Procurement IT Purchasing Supply Chain 40

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. .

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52