ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

NOVEMBER 28, 2022

A digitised, data-driven approach to supply chain management is a prerequisite for actionable scenario planning and agility. Yet, according to a study from Procurious , only 24% of executive teams have fast-tracked investments in new technology for procurement.”. ” About the research.

Supply Chain 111

Supply Chain Supplier Media Procurement Team 111

ivalua

JUNE 26, 2023

With streamlined category management, reliable data, optimization of strategic sourcing, standardization of processes, supplier compliance, and risk mitigation, procurement professionals can create a more sustainable and profitable procurement environment.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

APRIL 19, 2022

We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . Today, we are stronger, more united, and more determined to lead and innovate together! Anthony Long, Vice President and Chief Procurement Officer and Mark Krause, Sr. Breakout Sessions.

Chief Procurement Officer 52

Chief Procurement Officer Eprocurement Supply Chain Procurement 52

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Procurement 61

Procurement Procurement Team Supply Chain Supplier 61

ivalua

MARCH 21, 2022

After a 2-year hiatus, Ivalua is thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. . Today, we are stronger, more united, and more determined to lead and innovate together! Breakout : Data-Driven Procurement. Keynotes: David CEO, L’Oreal, Booking.com, Robert Swan.

Vendor Management 52

Vendor Management Finance Supplier Supply Chain 52

ivalua

APRIL 27, 2023

Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals. When I say technology, I’m not talking about spreadsheets,” White said.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals. When I say technology, I’m not talking about spreadsheets,” White said.

Balance 52

Balance Sustainability Supply Chain Management 52

VWV

JUNE 15, 2021

Contracting authorities are required to have regard to three national priority outcomes in designing their procurement strategies: Creating new businesses, new jobs and new skills Tackling climate change and reducing waste Improving supplier diversity, innovation and resilience None of these national priorities should come as a surprise.

Public Procurement 40

Public Procurement Procurement Procurement Team Procurement Strategies 40

ivalua

SEPTEMBER 22, 2022

Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. . Build a Solid Data Foundation. Ensure 360-Degree Supplier Visibility.

Supply Chain 52

Supply Chain Supplier Collaboration Data 52

ivalua

MAY 6, 2021

The Procurement function needs to move its focus from its traditional emphasis on cost to the things that really matter to customers,” he said. These include faster co-innovation with suppliers, working with sustainable and ethical suppliers and empowering employees — all of which will lead to increased business agility. .

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

JUNE 29, 2022

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. A smarter, data-driven approach to procurement can unlock many unseen benefits. Pick the right tools for the job.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

JANUARY 31, 2022

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. 5 Procurement Increasing Its Focus on and Use of Data.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

Bonfire

JANUARY 25, 2023

The most common thing preventing procurement teams from creating these initiatives is not having a starting point. Gather, store, and use your data One critical piece of any procurement department is a system to collect vendor diversity data. And innovation would probably have been second.”

Bidding 52

Bidding Procurement Eprocurement Leadership 52

ivalua

JUNE 27, 2022

This removes risk when buying from innovative or SME suppliers while creating a larger supplier base to target with early payment opportunities via C2FO marketplace. Ivalua’s unique data model and strategic payments capabilities, coupled with C2FO’s marketplace approach can make targeted returns across the whole supply chain possible.

Supply Chain 52

Supply Chain Buyers IT Supplier 52

ivalua

DECEMBER 3, 2021

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. A smarter, data-driven approach to procurement can unlock many unseen benefits. Pick the right tools for the job.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Assess and mitigate risk across the supply chain.

Supplier 52

Supplier Management Supply Chain Risk Management 52

ivalua

MARCH 29, 2019

Procurement professionals need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. While profit is of course important, and the procurement goal of cost reduction plays a key role here, “you cannot cut your way to growth” (or ultimate success), as the saying goes.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

DECEMBER 14, 2020

Doing so safely requires having access to the right data, and the tools and technologies to act on it. It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Balancing New Priorities Makes Procurement More Valuable.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. This was the challenge made to the Ivalua R&D team a year ago.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

JULY 13, 2022

The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements. ESG Objectives for Buyers.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

APRIL 12, 2019

A recent Ivalua study with Forester identified capacity being consumed by operational and manual activities as one barrier, along with a lack of contextual access to insights, and poor data quality as other blockers. So, is AI the light at the end of the tunnel for overworked procurement functions? Help build a shopping cart.

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings.

Supply Chain 65

Supply Chain Procurement Supplier Procurement Team 65

VWV

FEBRUARY 22, 2022

However, the administrative burden on university procurement teams is unlikely to go away. For example, universities must have regard to the whole raft of procurement guidance coming from the Cabinet Office in the form of procurement policy notices (PPNs). Invalid Input Send my message

Procurement 40

Procurement Thresholds Framework Agreement Procurement Team 40

ivalua

APRIL 7, 2022

We are stronger, more united, and more determined to lead and innovate together! . Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Franck Lheureux and Alex Saric . David Khuat-Duy. NEW Payments Solution. Pascal Bensoussan.

Supply Chain 52

Supply Chain Sustainability Supplier Procurement 52

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

APRIL 5, 2019

I’m not a “petrolhead” (my wife has always been more interested in F1 than me), but the constant cycle of improvement and innovation in the sport is fascinating, all designed to make the cars go faster and improve the chances of winning. The ability of the pit teams to change a tyre now in under 2 seconds is just ridiculous!

Procurement 40

Procurement Supplier Supply Chain Collaboration 40

ivalua

OCTOBER 18, 2022

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Transparency 52

Transparency Supply Chain Data Procurement 52

Bonfire

APRIL 8, 2022

The Accelerator Team manages ARPA funds in collaboration with Joel’s procurement team, the city’s federal grant specialists, and others in the Office of Management and Budget. The team’s primary function is to help departments and applicants with ARPA compliance and reporting. It enables us to try new things.

Procurement 52

Procurement Management Collaboration Procurement Team 52

ivalua

MAY 9, 2019

Direct suppliers often become strategic partners because the company’s collaborative efforts with them have a direct impact on innovative potential. Risk and regulatory compliance requirements span nearly all categories of spend, and address global, high-profile concerns such as bribery, corruption, and data protection and privacy.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Learning from Supplier Relationships.

Supplier 98

Supplier Supply Chain Procurement Team Tender 98

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Data Insight Strategy. Scalability.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Learning from Supplier Relationships.

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

APRIL 23, 2021

The book gives a clear view of the benefits of cross functional collaboration for procurement and also some actionable insights as to how procurement can foster collaboration with other areas of the business. . By supporting the budget holders they can then deliver value to the organisation.

Collaboration 52

Collaboration Automotive Procurement Team Supplier 52

ivalua

MARCH 9, 2023

Spend Analysis: Understanding their spend is one of the first steps a Procurement organization goes through-as a determinant for: Who are you buying from, what are you buying, how much are you buying, what price are you buying at, is it on or off-contract, etc. Sourcing: Where Procurement often creates value first.

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52