Remove Contract Management Remove Procurement Team Remove Supplier
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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 105
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Supporting the introduction of Social Security Benefits in Scotland – Major Programmes Implementation Procurement Team (MPIP)

Scottish Government Procurement

Over this period, MPIP has delivered almost two thousand contracts, securing over £40 million in savings and embedding Community Benefits and Fair Work. The latter has delivered workplace benefits such as over 60 Modern Apprentices and all current suppliers now commit to paying the real Living Wage (RLW) to directly engaged employees.

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. Procurement analytics is the collection, processing, and interpretation of procurement data to derive actionable insights.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency.

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

For the short-term, a shift to local production alleviated reliance on Asian suppliers and helped mitigate risk, but a longer-term solution will require identifying opportunities to optimize costs, find alternative suppliers and enhance supply chain visibility. Enter eProcurement.