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.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. 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. Who Should Own Supplier Master Data? Risk management.

Supplier 40

Supplier Data Management Procurement 40

ivalua

MARCH 16, 2022

Watch our Webinar Replay to find out more about the GAPS identified by PwC and some practical tips on how Procurement can take advantage of and help support changing C-level priorities. . The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world.

Procurement 52

Procurement Risk Management Supplier Procurement Team 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. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

Oxford College of Procurement and Supply

JANUARY 14, 2025

Types of Benchmarking in Procurement The benchmarking approach depends on the objectives and data available. Use like-for-like comparisons Ensure fair and relevant data comparisons. Supports better decision-making Provides data-driven insights for procurement teams.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

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

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 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.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 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. 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 Manufacturing Supplier Procurement Team 52

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.

Supply Chain 52

Supply Chain Manufacturing Efficiency Procurement 52

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Navistar had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . The following are some of the most common objectives for implementing a supplier risk and performance management program. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

If a KPI meets all these five elements it provides valuable data to the organisation. The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues. Early indication in this situation would be key to risk management. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Healthcare.

Supplier 58

Supplier Management Supply Chain Procurement 58

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. Ordering and Catalogs.

Sustainability 52

Sustainability Buyers Supplier E-procurement 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

ivalua

MARCH 29, 2019

For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue. First of all, to really make the most of what your suppliers can offer, you need to manage the basics of supplier management well.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

Tracker Intelligence

MARCH 12, 2025

Public procurement is not just about ensuring a single contract; instead, it requires a long-term strategy to stay ahead of the competition. Success in this space requires more than just submitting bids; it demands strategy, consistency, risk management, and a deep understanding of the ever-evolving rules. Instant rejection.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Oxford College of Procurement and Supply

MARCH 24, 2025

For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt. billion (ONS, 2024).

Supply Chain 52

Supply Chain Export Automotive Supplier 52