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As products are purchased within an organization, categorymanagers can precisely track the year-to-date carbon emission trajectory for their purchases. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations. Learn more at www.ivalua.com.
From being a compassionate and strong leader to implementing an innovative solution for a challenge in your agency, there are a lot of ways that govies can leave a good, lasting impression on constituents. Two winners will be chosen from each category and notified on Aug.
There are many factors: e.g., unintended consequences of categorymanagement, increased regulatory compliance, and instability in the market due to continuing resolutions and recurring threats of government shutdowns.
Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. Enhancements enable manufacturers to launch more profitable, successful products.
Effectively manage third party risk with 360 degree visibility, including subcontractor exposure. Accelerate cost optimization across spend types, including complex services, with smarter categorymanagement. Implement and demonstrate the value of their sustainability strategy and improve their company non-financial rating .
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 categorymanagement and strategic sourcing. The answer is simple – automation.
Award categories also include innovation, data and technology, and categorymanagement. This annual program recognizes acquisition professionals who contribute to outstanding improvements in acquisition through the Better Contracting Initiative strategies or other efforts.
It helps me with categorymanagement. But that is not the panacea for categorymanagement. Derrios hopes to create easier and more often opportunities for program managers, contracting experts and industry to get together to talk about their upcoming needs. How do we aggregate the demand?” We use those.
Established to spotlight excellence and innovation in the Federal procurement landscape, the EIP Awards honor the remarkable contributions made by individuals and organizations from both government and industry in shaping the acquisition system. He also held weekly townhall meetings where he invited partners and customers provide updates.
Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as CategoryManagement. There may be different models in use, but there is a pretty well-accepted logical methodology behind how organisations approach their management of major spend areas.
This consists of hiring people that will bring more than just their specific category experience. By building a team with a diverse background you foster a culture of innovation that can push people to think outside of the box. Dare to mix it up.
There are many factors: e.g., unintended consequences of categorymanagement, increased regulatory compliance, and instability in the market due to continuing resolutions and recurring threats of government shutdowns.
O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, categorymanagement, vendor quality, sustainability, and compliance.
is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and categorymanagement. The power of collaboration allows for more innovative solutions, improved efficiency and a reliable supply chain in even the most uncertain times.
Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Effectively categorymanagement, including assessing and monitoring suppliers and your risk exposure, is not possible without quality data.
VA Allen Smith , Division Chief, Acquisition Service 2, VA Katie Hulse , Director, Acquisition Services 3 (Med/Surg Prime Vendor), VA Julian Thrash , Director, Acquisition Services 5 (NX, Telehealth, VHA Medical Furniture), VA Laura Scott , Director, Acquisition Services 6 (Community Care Network, etc.),
It’s a style of working that produced innovative thinking – but by its nature, could be hit and miss; where “miss” could have a significant negative impact to an organisation’s balance sheet. But now with strategic sourcing and categorymanagement, the process has become much easier to track, monitor and control.
Technology should enable business innovation, not stifle it”. 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.
It’s the product of years of user research, the team saw a need to help COs really rapidly procure the goods and services needed for COVID response while still aligning right to overall good federal taxpayer stewardship as well as categorymanagement principles.
Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop categorymanagement strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Direct vs Indirect Procurement.
But much of the talk had been around transactional or analytical work – did the panel see the scope for AI supporting more strategic work, such as categorymanagement and sourcing? More support in terms of predictive analytics is the dream.
CIO-CS also features everything IT across nine categories, ranging from hardware to managed services. You aren’t limited by categories or catalogs, either, because NITAAC can easily add products and services to the contracts as they emerge, taking advantage of innovations as soon as they are viable.
CIO-CS also features everything IT across nine categories, ranging from hardware to managed services. You aren’t limited by categories or catalogs, either, because NITAAC can easily add products and services to the contracts as they emerge, taking advantage of innovations as soon as they are viable.
Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. .
The divergence from commercial practice will limit competition, innovation and, ultimately, value to the customer. In addition, this increased competition will enhance value, savings, and innovation over the long term. The current draft RFQ/SOW incorporates requirements that are inconsistent with commercial practice.
Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. This means categorymanagers must work with suppliers much differently and evaluate them based on a wider array of factors. Other areas cited in the article are Innovation, Collaboration, Transparency, Information, and People.
The Better Contracting Initiative is a testament to our commitment to innovation and excellence in government IT procurement. The goal is not only to save money but also to improve our IT infrastructure, making it more responsive to the needs of our agencies and the public.
In instances, such as a limited number of potential bidders, a complex procurement or a new or innovative concept a procurement may be posted longer to attract more bidders. Fleet and Logistics CategoryManager. The posting time is determined primarily by the procurement’s estimated value.
Navistar is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and categorymanagement. That collaboration leads to more innovation, greater efficiencies and a higher-performing, resilient supply chain that can weather the challenges of a crisis like Covid. .
Navistar is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and categorymanagement. That collaboration leads to more innovation, greater efficiencies and a higher-performing, resilient supply chain that can weather the challenges of a crisis like Covid. .
He also talked about the recent release and the new features there, such as a new user interface across the platform, a new categorymanagement module (which I want to investigate more) and an integrated “digital assistant” at platform level. He spoke here about two areas of innovation in the Ivalua product related to collaboration.
demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a categorymanagement perspective.
However, there’s a certain amount of competition that is good that does allow agencies to continue to focus on innovation, continue to focus on delivering the right products, service mix. Because I mean, it is one government. Sonny Hashmi Absolutely. We do all the time.
Of all the expected benefits or functionalities, the most important ones are those attributed to public buyers and, in particular, the possibility of developing ‘categorymanagement’ insights (eg potential savings or benchmarking), systems of red flags in relation to corruption and collusion risks, and the automation of some tasks.
Innovation-friendly acquisition The training of the workforce is a key piece, but not the only challenge OFPP is trying to address. Small business, categorymanagement Harada said a key piece to the Better Contracting Initiative is continuing the evolution of categorymanagement.
When you look at it from a taxpayer standpoint, categorymanagement or, you know, bundling or consolidating, consolidating, buying power makes a whole lot of sense from a tax payer standpoint. The sales cycle in the federal marketplace has gotten longer for a number of different reasons. All of those things are what you lead with.
The Federal Acquisition Service’s IT CategoryManagement Office will also develop a generative AI acquisition resource guide. Carnahan stated that GSA is currently operating seven different sandbox environments, and there is “more to come” across the agency with AI.
Harada said OFPP will lean on current metrics used for categorymanagement as well as new ones that focus on some of the softer sides of the acquisition process. “We’re New OMB guidance coming OMB also will issue guidance directing agencies to use “a proven methodology to pinpoint requirements for high priority acquisitions. “The
Long-standing inefficiencies and legacy systems are being scrutinized, and agencies are under pressure to innovate. Why modernization must be a priority Federal IT spending has long favored system maintenance over true innovation. Innovation requires dismantling this model, but agencies need funding to do so.
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