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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. .

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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.

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Governmental support will also be an important factor.

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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. Data Insight Strategy.

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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. .

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

In fact, 54% cite this challenge as a key obstacle to digital solution deployment, along with change management and involvement of internal stakeholders — in other words, the human component of technology implementation. To progress along your digital transformation journey, it’s important to understand your level of digital maturity.

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Indigenous Procurement – An exciting new challenge

The Procurement School

As someone who has always approached procurement with an academic mindset, I have relied on procurement training and online courses to advance my understanding of procurement. The intent was more important than the words on the page. This shift prompted a change in approach.