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

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction.

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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 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.

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Paris 2021 – EN – David L Loseby

ivalua

– CIPS – SME book reviews: Global supply chain, Diversity Management & Strategic Programme Leadership. David has over 30 years’ experience at senior executive/director level driving value and change through procurement and organisational transformation. The GBS procurement population is c.180

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Indigenous Procurement – An exciting new challenge

The Procurement School

This prompted the procurement team to dig deeper and figure out what that barrier was, and why it was difficult for these businesses to get bonding. We formed small functional working groups, tackled intent questions, and ensured that different perspectives were captured in the design and change management practices we were developing.

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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. A core goal of Ivalua’s in 2021 is to help more leaders do so.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted.