Remove Change Management Remove Collaboration Remove Procurement Team
article thumbnail

Friends not Foes, Supplier Relationships Made to Last

ivalua

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

article thumbnail

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70% 70% of respondents maintained or increased digital procurement investment post covid” . The feedback from the survey was that process adaption and change management are the most important factors.

article thumbnail

Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability.

article thumbnail

Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

article thumbnail

The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. While starting with a clear strategic vision is essential, these challenges will still need to be addressed.

article thumbnail

JOLLIBEE FOODS CORPORATION successfully deploys IVALUA with CONSUS to transform procurement

ivalua

The comprehensive project spanned Supplier Information, Risk, & Performance Management, eSourcing, Contract Management, Catalog management, Spend Analysis, Savings Tracking, Category Management & overall change management.

article thumbnail

Procurement Rising – The Time is Now

ivalua

As organizations look beyond the panic and shocks created by Covid-19, procurement leaders must show that they can contribute to restoring growth and supporting a broader list of objectives. The reality is that too few procurement teams have experience here. Only effective collaboration will reveal the possibilities.