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Collaboration will drive future sourcing and supplier management success

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Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. In many cases, collaboration is simply an advanced state of negotiation.

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

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Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

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New Ivalua research finds a lack of digitisation and focus on costs is hindering supplier collaboration

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Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. The research, conducted by Forrester Consulting and commissioned by Ivalua, found improving collaboration was a priority for 77% of respondents.

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New Ivalua Research Finds a Lack of Digitisation and Focus on Costs is Hindering Supplier Collaboration

ivalua

Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. The research, conducted by Forrester Consulting and commissioned by Ivalua, found improving collaboration was a priority for 77% of respondents.

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Supplier Collaboration and Coordination. Who’s Your Role Model?

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But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Best-in-class manufacturers have proven that a true culture of collaboration creates earlier involvement, less redesign, joint problem solving, and win-win outcomes for all parties involved.

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Collaboration Will Drive Future Sourcing and Supplier Management Success

ivalua

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. In many cases, collaboration is simply an advanced state of negotiation.

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New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution

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Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. Increase supplier autonomy on replenishment orders within the agreed boundaries (i.e., min, max levels) . “Our About Ivalua.