article thumbnail

Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: . Media Contact.

article thumbnail

Unlocking Innovation from Your Supply Chain – Lessons from Formula 1 Racing

ivalua

The theme of the evening was “Unlocking Innovation from your Supply Chain” with presentations and discussion focused on insights, knowledge sharing and learning from the F1 Grand Prix Pit Stops. F1 Veteran, Mark Gallagher highlighting the impact of supplier innovations on pit stops – resulting in team success.

article thumbnail

Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

ivalua

While there will be sessions featuring customers at various stages of their digital transformations, the focus is on stories from more advanced organizations that have established Procurement as a strategic business partner through innovative ways.

article thumbnail

Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. After a thorough selection process, Körber opted for Ivalua’s market-leading spend management platform.

article thumbnail

What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Tools like eProcurement platforms, contract management systems, and supplier portals streamline tasks such as order processing, invoice management, and supplier communication. Leverage Technology for Procurement Automation With the rise of digital procurement tools, automating the procurement process has never been easier.