ivalua

JUNE 4, 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 69

Supply Chain Procurement Supplier Procurement Team 69

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. . Why is Supplier Information so important?

Supplier 98

Supplier Supply Chain Procurement Team Tender 98

ivalua

JANUARY 8, 2023

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. Further, it is essential that supplier management and data is holistic (i.e.,

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

ivalua

AUGUST 26, 2021

Crucially, organisations must have adequate data to identify and avoid partners with unethical labour practices. To do this, organisations must have the right tools in place to ensure the reliability of data, and facilitate timely and effective decision-making.

Procurement Team 40

Procurement Team Supplier Supply Chain Buyers 40

ivalua

SEPTEMBER 25, 2020

Challenges in hiring digital skills in procurement. As part of ongoing digital transformation efforts in procurement, the report found that UK businesses have started to introduce new technologies such as data analytics (55%), cloud-based platforms (53%), automation (35%) and AI/machine learning (30%) in the last 12 months.

Procurement 75

Procurement Procurement Team Supply Chain Finance 75

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Risk management.

Supplier 40

Supplier Data Management Procurement 40

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

American City & Country

SEPTEMBER 18, 2024

“Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

Oxford College of Procurement and Supply

JULY 28, 2023

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. This can be sped up by the proper organisation of relevant data beforehand.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

Scottish Government Procurement

DECEMBER 12, 2024

Responsible procurement wise. We’ve completed over 250 deep dive assessments now of our suppliers, supply chains and institutional procurement teams and their internal stakeholders. But despite all of these things, our local government colleagues that are procurement teams continue to deliver.

Public Procurement 48

Public Procurement Procurement Supply Chain E-procurement 48

ivalua

JANUARY 29, 2021

Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70% 70% of respondents maintained or increased digital procurement investment post covid” .

Supplier 78

Supplier Supply Chain Procurement Team Risk Management 78

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 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Supplier 40

Supplier Automotive Supply Chain Data 40

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

SEPTEMBER 24, 2020

Challenges in hiring digital skills in procurement. As part of ongoing digital transformation efforts in procurement, the report found that UK businesses have started to introduce new technologies such as data analytics (55%), cloud-based platforms (53%), automation (35%) and AI/machine learning (30%) in the last 12 months.

Procurement 12

Procurement Supply Chain Procurement Team Finance 12

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

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

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Procurement 52

Procurement Supply Chain Procurement Team Supplier 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ 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

OCTOBER 13, 2022

A new report, “Data-Enabled Supply Chain Transparency” has revealed that 77% of respondents indicated their organization considers supply chain transparency to be critically or highly important. Redwood City, CA, 13 October, 2022. About the research.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Types of Benchmarking in Procurement The benchmarking approach depends on the objectives and data available.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

MARCH 26, 2019

We know that Procurement is going through a huge transformation, and we know that some departments are charging ahead while others are just getting started, but this is what The Hackett Group says Procurement teams are evolving into in 2019 and in the years to come.

Procurement 45

Procurement Eprocurement Procurement Team Supplier 45

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

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

Procurement 52

Procurement Supply Chain Influencing Chief Procurement Officer 52

Open Contracting Partnership

AUGUST 1, 2024

Procurement is how residents, governments and even government officials themselves experience their city government as effective, welcoming, and inclusive – or the opposite of these values. It was great to be in cities where the city leaders are using procurement as a strategic lever to bring these values to life.

Public Procurement 73

Public Procurement Procurement Buyers Procurement Team 73

ivalua

JUNE 16, 2021

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. However, MENA countries face unique obstacles as they seize the opportunity to adopt new procurement technologies.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

ivalua

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Data Management Capabilities .

Procurement 52

Procurement Procurement Team Supplier Electronics 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 Supplier Procurement Team 52

DemandStar

MARCH 31, 2022

If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers. Why Are They Needed?

Supplier 52

Supplier Procurement Team Procurement Bidding 52

VWV

SEPTEMBER 12, 2024

Sign up to our Procurement Act mailing list to keep up to date or contact Stephanie Rickard in our Public Procurement team on 07384 251 896. More information is expected on the digital delivery and the Central Digital Platform soon. Alternatively, you can fill out the form below. Invalid Input Send my message

Procurement 52

Procurement Tender Procurement Team Public Procurement 52

American City & Country

AUGUST 29, 2024

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Additionally, the rapid pace of technological advancements in the EV sector can make it difficult for procurement teams to keep up, leading to concerns about the long-term viability of their investments.

Procurement Team 52

Procurement Team Total Cost of Ownership Sustainability TCO 52

ivalua

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . How to analyze your Tail Spend: Understanding spend data. Tail Spend Challenges.

Buyers 52

Buyers Supplier Purchasing 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. . Why is Supplier Information so important?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

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

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.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

ivalua

MARCH 16, 2022

From this data, you may infer that Procurement is ready to play an active role in managing supplier risk. Merging CEO expectations with Procurement team priorities will offer some clear opportunities for CPOs. Embedding ESG into the Procurement processes and strategy. Main Corporate Risks. Catalyst for Change.

Procurement 52

Procurement Risk Management Supplier Procurement Team 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