ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk Management 8

Risk Management Supply Chain Management Supplier 8

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

APRIL 23, 2020

The overall theme is the “Journey to Procurement Excellence”, focusing on how Procurement can deliver value through supplier collaboration, supplier risk management and more advanced strategies and capabilities to deal with Procurement and supply chain management risks and challenges – while not forgetting cost and operational perspectives.

Supply Chain 18

Supply Chain Procurement Supplier Risk Management 18

ivalua

MARCH 29, 2019

Even in terms of the “improved sales / marketing” route, there are possibilities – maybe procurement can work with the marketing team to find innovative suppliers in areas such as digital marketing? When it comes to improving existing products (or services), suppliers are often better placed than the business itself to identify opportunities.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

APRIL 8, 2021

Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.

Supplier 52

Supplier Freight Transportation Transportation 52

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.

Supplier 52

Supplier Management Supply Chain Media 52

ivalua

JANUARY 8, 2023

The new set of regulations add an additional layer of compliance and risk management to the procurement process. Procurement teams will need to be prepared and equipped to conduct supplier due diligence to meet the requirements of the act. Further, it is essential that supplier management and data is holistic (i.e.,

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

ivalua

AUGUST 10, 2015

The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.

Automotive 40

Automotive Supplier Manufacturing Quality 40

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

ivalua

JULY 22, 2015

This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. alternatives.

Strategic Sourcing 58

Strategic Sourcing Supplier Supply Chain Manufacturing 58

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Supplier 40

Supplier Supply Chain Balance Innovation 40

ivalua

MARCH 16, 2022

Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). . Therefore, you would expect that Procurement is ready to play an active role in managing supplier risk. Risk Management is Top of Mind. Main Corporate Risks.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

APRIL 13, 2021

Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Supply Chain 52

Supply Chain Supplier Collaboration Media 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. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

Federal News Network

JANUARY 2, 2024

However, I can say that there’s incredible plans underway to continue to deliver more value to our citizens, to our customers, to create a much more equitable, inviting, successful marketplace for suppliers and to continue to make it easy for people who do business with the government. We asked a question of ourselves almost every day.

Supply Chain 105

Supply Chain Balance Supplier Data 105

ivalua

JANUARY 20, 2016

Such change is pushing manufacturers (and their solution providers) to reinvent nearly every aspect of their businesses from demand sensing to the plant floor, logistics, sourcing, supplier management, and financial management. Collaboration skills. Collaboration needs to become part of your culture.

Manufacturing 40

Manufacturing Supplier Collaboration Risk Management 40

ivalua

NOVEMBER 23, 2020

Covid-19 has exposed barriers to collaboration that most companies tolerate under normal circumstances. One of the most important issues the pandemic exposed has been that most manufacturers have only a limited view into any of their suppliers beyond Tier One. How do you assess that risk? Check supplier finances.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. 78% engage suppliers more collaboratively than they did 3 years ago.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.

Supply Chain 52

Supply Chain Manufacturing Efficiency Procurement 52

ivalua

AUGUST 5, 2020

Unlock the power of AP automation and hit new heights in straight-through-processing by utilizing smart matching within one-click workflows that manage line level allocations and tax treatment automatically. Remove of overhead of payment queries with real-time Supplier updates. Touchlessly matches Invoices to suppliers to master data.

Supplier 52

Supplier Buyers Budget E-procurement 52

ivalua

JUNE 2, 2016

CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management.

Supply Chain 45

Supply Chain Procurement Supplier Global Sourcing 45

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As Procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JULY 7, 2020

Be it stronger support or stricter policies around supplier management for sustainability and diversity or more efforts to improve the communities involved in and around a business. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind. Building Resilience.

Supply Chain 52

Supply Chain Balance Supplier Procurement 52

ivalua

MAY 1, 2020

And to maximize the impact of these and other objectives, Procurement needs to be managing all spend and all suppliers. Spend under management is key. It requires different skills and knowledge among the staff, supplier relationships, processes and technology. The same applies to suppliers.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

ivalua

MAY 8, 2019

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. How to manage spend across a decentralised, non industrial, multi-business unit environment.

Supply Chain 8

Supply Chain End to End Global Sourcing Supplier 8

ivalua

JUNE 16, 2021

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.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

ivalua

JULY 13, 2022

Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling risk management, and also expected to contribute to the organization’s sustainability initiatives. . Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

JANUARY 21, 2020

The first step is to know which suppliers the city or county does business with. The next level of risk management might include identifying and tracking subcontractors and second tier suppliers as well as general contractors/first tier suppliers.

Procurement 40

Procurement Supplier Eprocurement Transparency 40

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks. Navigating sole source procurement?

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. The ultimate goal is to realize contracted savings and ensure that suppliers ‘perform to contract’. Previously published on Capgemini’s website.

Supplier 52

Supplier End to End Procurement Integration 52