American City & Country

NOVEMBER 18, 2024

Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. This not only reduces manual labor but also minimizes errors and improves procurement efficiency.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 105

Price Supply Chain Supplier Procurement Team 105

Tracker Intelligence

NOVEMBER 20, 2024

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

The Procurement School

AUGUST 21, 2024

Outsourcing the procurement expertise is a growing option for smaller entities to consider. Many smaller public entities have formal associations [1] where they do outsource their procurement needs. Policy challenges: Staffing time is consumed on a daily basis, meeting the demand for the ongoing requisite goods and services.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Sourcing: Where Procurement often creates value first.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52