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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.
Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
ERP vs. Best-in-Class for Healthcare SupplyChainManagement? 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.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
The National Health Service (NHS) has been running a centralised model for health care procurement in England for a few years now. They are as follows: DHSC [the Department of Health and Social Care] set SupplyChain a cumulative target of making £2.4 SupplyChain calculated its reported savings against the £2.4
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Incentivize procurement w/performance goals & KPIs that encourage supplier collaboration to drive meaningful changes in behavior.
What does Procurement mean? 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.
Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in SupplyChain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Integration.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. About Consus.
Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or categorymanagement. Building Business Cases and Momentum.
What’s your Greatest SupplyManagement Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Map Your Sub-tier SupplyChain. Build a Solid Data Foundation.
Why should Procurement own Scope 3 Emissions? For most procurement (and supplychain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Scope 3 emissions include the indirect emissions from an organization’s value chain.
Why should Procurement own Scope 3 Emissions? For most procurement (and supplychain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Scope 3 emissions include the indirect emissions from an organization’s value chain.
He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages. This, he said, was an example of using procurement to drive competitive advantage and revenue. He gave some really useful experienced-based insight into managing a transformation. Rogers had no less than 10 (!)
We are excited to announce that Intalere, a healthcare supplychain GPO based in St. The solution will support Intalere’s Supplier Management, eSourcing, Contract Lifecycle Management and transactional procurement processes. New York, NY January 07, 2021. has successfully deployed the Ivalua solution suite.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. About Consus.
Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.
When GSA is operating its [Governmentwide Acquisition Contracts (GWACS)], do they talk to [National Institutes of Health (NIH)] and to the [Solutions for Enterprise-Wide Procurement (SEWP)] people at NASA? So supplychain risk management and elimination becomes a very important discipline. And do you ever compare notes?
“The reality is that most companies will have some amount of modern-day slavery within their supplychains. The post Helen Mackenzie’s 2023 Chart Toppers appeared first on Art of Procurement. It’s whether they’re.
“The decision abyss is where the supplychain planning organization does not have visibility and a tool to collaborate with. The post [Pod] Bridging the Decision Abyss with Decision Intelligence w/ Keith Hartley and Lance Younger appeared first on Art of Procurement.
The Coalition for Government Procurement would like to thank everyone who attended and participated in this week’s Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue!
It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. But now with strategic sourcing and categorymanagement, the process has become much easier to track, monitor and control. Register here for Ivalua NOW Paris.
As part of our ongoing efforts to modernize government IT procurement and management, the Better Contracting Initiative (BCI) has been a cornerstone of our strategy at the Governmentwide IT Program Management Office. Stay tuned as we continue to make strides in transforming government IT procurement for the better.
Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value. So, is AI the light at the end of the tunnel for overworked procurement functions? Alex Saric, the CMO of Ivalua, started with the context for AI.
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 supplychain leaders to launch more profitable, successful products. Enhancements enable manufacturers to launch more profitable, successful products.
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. Ivalua looks forward to being an integral part of O-I Glass’s procurement transformation journey”. About Ivalua.
The Coalition for Government Procurement would like to thank everyone who attended this week’s Fall Training Conference: “ What is Fair and Reasonable? Your participation played a key role in the dialogue between industry and the Federal Government as we explored the variety of factors that impact a fair and reasonable determination.
The Office of Federal Procurement Policy turns 50 years old in 2024. Christine Harada is the senior advisor in the Office of Federal Procurement Policy. “We’re Small business, categorymanagement Harada said a key piece to the Better Contracting Initiative is continuing the evolution of categorymanagement.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
Author: Graham Allen In the second of two parts of “Navigation the Five Steps of the Procurement Journey” we’ll be covering posting, evaluation, award and close out. Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. The RFx may include a bidder information session.
Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. Preparation Each procurement is technically a legal case waiting to happen.
Christine Harada, the senior advisor in the Office of Federal Procurement Policy, said this four-pronged effort aims to give agencies better data and better tools to extract more value from acquisitions. Christine Harada is the senior advisor in the Office of Federal Procurement Policy. “We
In an earlier blog post, Transforming Government IT Procurement: Better Contracting Initiative Priority 2 , I introduced the Better Contracting Initiative (BCI) as a driving force behind our ongoing efforts to modernize government IT procurement.
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