American City & Country

NOVEMBER 18, 2024

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

JULY 4, 2021

System will improve the experience for employees and suppliers while supporting sustainable growth in shareholder value. The initial scope which was delivered in a 5-month project included Supplier Risk and Performance Management, Sourcing and Contract Management.

Procurement 52

Procurement Strategic Sourcing Supplier Supply Chain 52

Tracker Intelligence

NOVEMBER 20, 2024

Prescriptive Analytics: Suggests optimal procurement strategies, for example, automating procure-to-pay processes or improving contract management protocols to offer strategic guidance. Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

FEBRUARY 25, 2021

A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

DECEMBER 21, 2021

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. About Federated Co-operatives Limited and the Co-operative Retailing System. Learn more at www.ivalua.com.

Supplier 52

Supplier Integrity Integration Retail 52

ivalua

AUGUST 17, 2021

However, it is important to understand the differences and varying degrees of focus between direct and indirect spend in procurement and sourcing. They will need to understand internal and external forces and increasingly get to grips with balancing cost savings with long term supplier relationships.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52