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

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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. appeared first on Ivalua.

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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

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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

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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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JOLLIBEE FOODS CORPORATION successfully deploys IVALUA with CONSUS to transform procurement

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