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Delivering Value Through Cross-Function Collaboration

ivalua

The Pixar building is one of the most vivid examples of how successful companies value cross functional collaboration within their organisation. This was delivered initially by having a sizeable atrium in the centre of the single office building to enable people to communicate, which it was assumed would lead to greater collaboration.

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More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour

ivalua

This means collaborating with immediate suppliers – as well as their suppliers’ suppliers – to drive long-term positive change. Crucially, organisations must have adequate data to identify and avoid partners with unethical labour practices.

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Navigating the responsible use of AI in government procurement

AWS Public Sector

By working closely with your technology and legal and policy teams, procurement teams can make sure that suppliers are aligned with their organization’s responsible AI principles and requirements, positioning themselves as valued business partners.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Public procurement will either propel us toward the digital future Gates describes or hold us back with outdated processes and institutional inertia. To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way.

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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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. . Why is Supplier Information so important?