ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

JUNE 26, 2023

Adopting these practices helps to reduce costs, increase efficiency, and automate procurement processes leading to better control and accuracy. The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

Select GCR

SEPTEMBER 3, 2024

A sole source situation exists when specific criteria are met, emphasizing the need for thorough verification of the exclusivity of the source, especially in cases involving ‘sole brand’ or ‘sole manufacturer’ items that may have multiple distributors. This indicates the presence of competitive market alternatives.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

MARCH 29, 2019

For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue. But the highlight was hearing from Mark Gursky, Director of the Procurement Center of Excellence at Meritor (a $4 billion global manufacturer of automotive components).

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

SEPTEMBER 13, 2021

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. This is followed by a lack of systems to enable effective, scalable collaboration. The study began in March 2021 and was completed in August 2021.

Consulting 52

Consulting Supply Chain Automotive Supplier 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

DECEMBER 14, 2020

Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos. This is largely due to a lack of collaboration within the enterprise, as well as with partners and suppliers, which has a negative impact both on revenue and customer satisfaction.”.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

MAY 9, 2023

A frequent thought leadership contributor for the Ivalua Blog, Jarrod has worked across multiple industries, including higher education, public sector, retail, manufacturing, and engineered products.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. A critical part of the digital transformation was implementing Ivalua.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. A critical part of the digital transformation was implementing Ivalua.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

MAY 9, 2019

Meeting expectations is the foundation for strategic partnership and collaboration. Industry: Manufacturing. In manufacturing, materials, components and assemblies that will be sold to customers are direct spend while facilities, equipment, consumable supplies and MRO are indirect. Healthcare.

Supplier 58

Supplier Management Supply Chain Purchasing 58

ivalua

APRIL 23, 2021

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.

Collaboration 52

Collaboration Automotive Procurement Team Manufacturing 52

ivalua

JULY 8, 2020

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. Some of these challenges include limited: .

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Avoiding change is a common issue across the manufacturing industry in general. Time is Money.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

NOVEMBER 7, 2019

Enhancements enable manufacturers to launch more profitable, successful products. Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products.

Innovation 9

Innovation Management Quality Automotive 9

ivalua

MAY 6, 2020

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes.

Supply Chain 15

Supply Chain Procurement Retail Sustainability 15

ivalua

SEPTEMBER 24, 2020

The study found that 88% find it challenging to hire the right digital skills to work with technologies such as AI, cloud-based platforms or data analytics, while 76% say they are concerned that existing procurement teams will struggle to work with new technologies. About the study.

Procurement 12

Procurement Supply Chain Procurement Team Finance 12

ivalua

MARCH 30, 2022

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?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Achieving these goals requires maintaining complete visibility across your suppliers (into tier 2 and 3), and setting up processes for effective and efficient collaboration and transparency across the supply chain.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

AUGUST 16, 2022

Companies also face engagement gaps between their suppliers and procurement teams.”. Collaborate to innovate. For example, Groupe ADP adopted a smarter approach to procurement to collaborate with suppliers on CSR initiatives. You can sign up for the virtual event by emailing bfi@ivalua.com.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

NOVEMBER 29, 2021

A plastic manufacturer based in Asia with 1,000 employees may require a focus on topics like environment and labor & human rights topics while a small software company based in California may focus on topics of ethical business practices. . Also, ESG looks different across suppliers.

Supplier 52

Supplier Sustainability Data Integration 52