Remove Category Management Remove Management Remove Strategic Sourcing
article thumbnail

Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

article thumbnail

Thank You for a Successful Spring Training Conference!

The Coalition for Government Procurement

Day One Speakers Keynote Speakers: Christine Harada , Senior Advisor, OFPP, OMB Moshe Schwartz , President, Etherton and Associates Panelists: Bonnie Evangelista , Acting Deputy Chief Digital and Artificial Intelligence Officer for Acquisitions, DoD Polly Hall , Senior Advisor to the Chief Procurement Officer, DHS Udaya Patnaik , Chief Innovation (..)

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and category management.

article thumbnail

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

Others may still be applied to help businesses better manage the effects of the crisis. And to maximize the impact of these and other objectives, Procurement needs to be managing all spend and all suppliers. Spend under management is key. Apply those lessons you can to better manage the rest of the crisis.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What does Procurement mean? What is Direct Procurement?

article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Having a platform in place that offers a robust supplier management solution can help organizations ensure they have options.

article thumbnail

Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

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.