Remove Contract Management Remove Price Remove Strategic Sourcing
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What Does “Good” Look Like: Strategic Sourcing

ivalua

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. If Procurement follows a Strategic Sourcing process flow like a checklist, then all Strategic Sourcing projects will start and end in the same way.

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Canada’s Federated Co-operatives Ltd. (FCL) goes live with Ivalua’s Source-to-Contract (S2C) solution with seamless integration to TealBook’s AI-powered supplier data foundation

ivalua

Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Prescriptive Analytics: Suggests optimal procurement strategies, for example, automating procure-to-pay processes or improving contract management protocols to offer strategic guidance. With this capability, procurement departments can keep abreast of market trends and utilise strategic sourcing opportunities.

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Thank You for a Successful Spring Training Conference!

The Coalition for Government Procurement

This year’s Spring Training Conference featured opportunities, including GSA Multiple Award Schedule (MAS), GSA Pricing Tools, SAM.Gov, Medical/Surgical Supply BPAs, VA Federal Supply Schedule (FSS), VA Prosthetics, and the DHS Intellectual Property (IP) Investigations Center.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

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Establishing Procurement as a Competitive Advantage

ivalua

They configured a unique approach to new product introductions (NPI), digitizing their engagement with suppliers, resulting in bringing more products to market faster and with greater profitability, multiplying their stock price over the period. Think that such types of strategic value apply only to direct materials?