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ERP vs. Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
Like every industry Procurement & SupplyChain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
Cara Wulf and Philip Lee identify how to ensure that good cybersecurity hygiene flows through a contractor’s supplychain. More information The post SupplyChainManagement and Cybersecurity Updates appeared first on McCarter & English, LLP.
The onset of the coronavirus epidemic has accelerated the supplychain digital transformation that has languished on businesses’ “to-do” list for years. Chaos from the coronavirus has made clear that procurement & supplychain practices need to get smarter. Supplychains have been badly disrupted.
Afrika Morris, Senior Field Marketing Manager UKI at Ivalua. On February 12 Ivalua hosted Senior Procurement and SupplyChain Professionals gathered for an Exclusive Dinner on the 34th floor of The Gherkin with F1 Veteran and Status Grand Prix Founder, Mark Gallagher. Watch their recent webcast to learn more.
In recent years, Körber’s global supplychainmanagement network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.
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.
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. About Ivalua. Learn more at www.ivalua.com.
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 Covid-19 pandemic has exposed the fact that many supplychains remain inadequately prepared for a crisis. Supplychainmanagement and procurement sit poised on the frontlines of managing global supply risks for their brands. Gaining a Full Picture of SupplyChain Threats.
In a previous blog we discussed the mounting humanitarian crisis that the Coronavirus, also known as COVID-19, had sparked globally and discussed considerations and steps organizations should take to mitigate the impact from disrupted supplychains.
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.
The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.
This one-day event attracts public sector buyers, heads of department and contractmanagers responsible for managing the national public procurement expenditure of £16 billion a year.
Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supplychain risks, and facilitate informed procurement decisions. Also, proper data analysis can help find potential hazards in the supplychain, sustain continuity, and reduce disruptions.
As more public policy objectives make their way into the world of acquisition — supplychain, cybersecurity, sustainability, domestic and socioeconomic sourcing requirements, to name a few — GSA is trying to bake those into acquisition vehicles up front so agencies have an easier time complying. .
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.
Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and SupplyChain processes.
A Guide to ContractManagement Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using ContractManagement software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.
“Ivalua provides us with greater transparency and data-driven insights which will allow us to improve our sourcing decisions and contractmanagement, and also optimize supplier management”, said Niklas Selle, Digital transformation lead in SupplyChain at Aker BP. “We
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!
Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supplychain. . This process can also carry over into the supplychain where Amrest needs visibility and the full strategic payments process to identify key suppliers.
That includes quite a range of issues now, ranging from climate change and de-forestation to modern slavery or supporting diversity in our supplychains. Putting a simple clause in your standard contract saying, “no slavery please” does not require anything other than the supplier to say “yes”.
ContractManagement is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contractmanagement and its role in procurement efficiency.
Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supplychain challenges. Data builds the bridge between your own internal supplychain visibility and the information you provide to your stakeholders.
Redwood City, CA – October 26, 2020 – Ivalua, a leading global spend management cloud provider, and Consus, a leading global supplychain solutions provider, today announced that Jollibee Foods Corporation (JFC) has successfully deployed Ivalua’s platform to empower its procurement digital transformation, with Consus leading implementation.
To be successful, your procurement team will need to be expert at supplier relationship management, contractmanagement and sourcing and skilled at managing procurement cost as it contributes positively to the business. Direct Procurement is made up of a series of related processes that span the full product lifecycle.
If you missed out on this week’s training, we are returning both courses to our regular rotation of annual events and we would love to see you next time.
Rapid Optimization of ContractManagement, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supplychain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials.
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.
Retail and tech expert Greg Petro says that, “ while the supplychain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”. Zara can have similar clothing in its shops just two weeks after a new design idea has appeared on the catwalk.
Certification assessments for CMMC Level 3 are completed by the Defense ContractManagement Agency (DCMA) Defense Industrial Base Cybersecurity Assessment Center (DIBCAC). Obtaining a CMMC Level 2 certification is a prerequisite to scheduling an assessment with the DIBCAC.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
On February 28, again at Miller & Chevalier Chartered, we will hold our GSA and VA Schedule Contracting Training for In-House Counsel course. This course is designed for lawyers and contractmanagers with significant contractmanagement and compliance responsibilities with GSA and/or VA Schedule contracts.
Shift to Remote Work and Digital Collaboration Impact : The transition to remote work necessitated a new framework for digital collaboration, altering contractmanagement and execution processes. PCI Resource : Government Contracting Courses 2. Navigating the New Normal: Key Areas Affected by COVID-19 1.
Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contractmanagement and supplier management (which includes supplier information, risk and performance management). ContractManagement: The piece that connects the upstream and the downstream, where value starts being captured.
” During the event, attendees continued discussions from the Fall on what constitutes fair and reasonable pricing determinations and explored other critical topics like cybersecurity and protecting the Federal supplychain. Thank you to Miller & Chevalier for graciously hosting both trainings.
How can government do better in this current world of supplychain issues and labour shortages? Addresses current supplychain and labour issues. ContractManagement Relationships with contractors are of utmost importance, as governments rely on the deliverables they provide.
GSA & VA Schedule Contracting Training for In-House Counsel, October 29 On October 29, we will host our “must attend” General Services Administration (GSA) and Veterans Affairs (VA) Schedule Contracting Training for In-House Counsel. To register for the GSA & VA Schedule Contracting Training for In-House Counsel, click here.
They’re also ramping up usage in contractmanagement. . There are interesting challenges within the AmRest business model at the supplychain level. Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing.
In the complex world of government contracting, managing risks associated with subcontractors is a critical skill that can make or break your project’s success. At Public Contracting Institute , we understand the challenges contractors face when dealing with subcontractors.
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