Remove Collaboration Remove Global Sourcing Remove Transparency
article thumbnail

Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Collaborate to Win Henry Ford’s quote that “coming together is a beginning, keeping together is progress, working together is success” has never rang more true. Being more agile and addressing more strategic objectives requires procurement to be more collaborative. 78% engage suppliers more collaboratively than they did 3 years ago.

article thumbnail

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing. Does your organization collaborate well internally across functional teams? Integration.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Steps Towards Modernizing Supplier Management

ivalua

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. Enable effective, scalable collaboration. Digitizing collaboration is the key to success.

article thumbnail

ProcureCon Asia, 9th – 11th July 2019, Singapore

ivalua

Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.