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Use procurement software or work with a GPO like OMNIA Partners that offers advanced analytics tools to track spend, identify trends, and optimize your supplychain. OPUS is the only ecommerce platform that provides public sector and nonprofit agencies access to hundreds of competitively solicited, publicly awarded contracts.
You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and managecontracts in one place. Ivalua’s ContractManagement module allows you to easily track milestones and consumption in real time across multiple agreements.
The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supplychain chaos. MENA countries import a lot of food; disrupted supplychains and price increases mean potential food shortages. Enter eProcurement.
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supplychain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms. Let’s explore further.
This professional community knows that solicitations and contractmanagement are going to be digitalized in the coming years, and appreciates our knowledge and experience in the sector. Current President of NPI National Procurement Institute. During an interactive, productive, day-long discussion we covered: 1.
This year, our discussions covered Invoice Automation, Scope 3 Emissions, ContractManagement, SupplyChain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. Thank you to our guest speakers, Solution Consultants, and the Product Marketing team!
As a reform community, we agreed that we need to focus more on long-term value, with sustainability, social value, and innovation becoming increasingly important and that contractmanagement is where this value is often won or lost.
The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. CPOs in many organisations have progressed beyond the planning stage, with Ivalua actively working with many of them and supporting their journey.
Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Alex Saric, CMO, Ivalua. In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement.
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