ivalua

JANUARY 27, 2021

27, 2021 /PRNewswire/ — Ivalua, a global leader in Cloud Spend Management solutions, and the International Association for Data Quality, Governance and Analytics (IADQGA) today announced a partnership to improve the use of data in procurement and supply chain decisions. REDWOOD CITY, Calif.,

Quality 52

Quality Supply Chain Data Procurement 52

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Supplier 68

Supplier Innovation Procurement Consumer Demands 68

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! The advice comes from this report: “ Gartner Supplier Master Data: Gain Control Over Your Supplier Master Data Before It’s Too Late.”

Supplier 45

Supplier Data Procurement End to End 45

Open Contracting Partnership

AUGUST 28, 2024

Data-driven monitoring enables citizens to submit high-quality complaints to authorities. Formal guidelines have been introduced in several regions to ensure data-driven audits are conducted to a high standard. There was also a lack of data on the volume and outcome of audits.

Corruption 90

Corruption Data E-procurement Procurement 90

ivalua

DECEMBER 8, 2020

Offering customers a market leading source-to-pay platform coupled with powerful supplier discovery, diversity and data enrichment from Tealbook. the ‘Trusted Source of Supplier Data’ today announced a new partnership to provide a seamless experience between Ivalua’s Source-to-Pay Platform and Tealbook’s Supplier Intelligence Platform.

Supplier 11

Supplier Eprocurement Quality Strategic Sourcing 11

Inter-American Development Bank

OCTOBER 31, 2024

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

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

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. When: Moving the Point of Data Collection.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

Open Contracting Partnership

DECEMBER 8, 2023

Approach: The new director of the procurement agency led the development of a data-driven corruption risk monitoring system and worked with a reform team to strengthen the institutional capacity of government buyers, improve cross-agency coordination and increase collaboration with civil society. in 2020 to 59.7%

Corruption 78

Corruption Collaboration Data Public Procurement 78

ivalua

DECEMBER 2, 2015

Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Effective Supplier Engagement Requires a Structured Approach.

Supplier 56

Supplier Strategic Sourcing Manufacturing Demand 56

Open Contracting Partnership

APRIL 1, 2024

Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc). million if median internal reference prices were used, to as much as PHP 214 million if the Department of Public Works and Highways construction materials price data were used.

Budget 136

Budget Transportation Transportation Bidder 136

ivalua

FEBRUARY 4, 2020

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain.

Supply Chain 52

Supply Chain Data Quality Supplier 52

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. Financial Services.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

JUNE 6, 2022

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. Among the most valuable topics we addressed was a deceptively complex question: what is quality data? Supply chains are in a battle for data supremacy.

Data 52

Data Procurement Quality Supply Chain 52

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

How to Crack a Nut

JANUARY 13, 2025

Consistent use of a framework for how to source AI - whether to build in-house, buy, or run innovation challenges - that evolves over time, given data, capability, industry contexts and evaluation of whats worked. Innovative AI suppliers from the UK and around the world should be engaged to support demand and encourage investment.

Procurement 64

Procurement Tender Supplier Innovation 64

ivalua

JUNE 6, 2019

Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage. How 100% spend insight is not the same as 100% spend under management.

Supplier 40

Supplier Automotive Supply Chain Data 40

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. What is Data Analytics in Procurement? It focuses on how public sector entities can enhance compliance and transparency.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

JUNE 10, 2020

With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management. Failure to manage supplier risk comes with significant monetary losses and damage to a company’s reputation. Form new supplier relationships.

Risk Management 59

Risk Management Supplier Supply Chain Management 59

ivalua

AUGUST 10, 2015

The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.

Automotive 40

Automotive Supplier Manufacturing Quality 40

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data Quality & Management in Decision Making. Ability to enrich data sets with other, related data sets.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Supplier 52

Supplier Accountability Eprocurement Supply Chain 52

Open Contracting Partnership

SEPTEMBER 3, 2024

Her passion for helping others understand government contracting led her to join forces with data scientist Marcelo Blanco and establish B2Gov. The system works by collecting public procurement data and structuring it in the Open Contracting Data Standard (OCDS) format. Diegues says.

Data 57

Data Public Procurement Tender Price 57

ivalua

AUGUST 26, 2015

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. SO DON’T TRY TO BOIL THE OCEAN.

Supplier 40

Supplier Capacity Automotive Manufacturing 40

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data? What role did data play on a day-to-day basis?

Data 52

Data Procurement Supply Chain Supplier 52

ivalua

OCTOBER 28, 2015

Suppliers have never been more important. As a result, your suppliers now have a very significant impact on the price and quality of your products, your company’s reputation and ability to innovate, and even the success of the new offerings your company introduces into the marketplace. Create a specific data map.

Supplier 40

Supplier Total Cost of Ownership Supply Chain Cost of Ownership 40

ivalua

MARCH 4, 2019

In the rule-based system, for instance, the supplier is typically identified thanks to a regex search on the VAT number in the OCR data of the invoice. Although the VAT number is precise and unique, it is not always on the invoice itself, and the OCR data might not be clean enough to identify a number as a VAT number.

Data 49

Data Supplier Engineering Quality 49

GovSpend

FEBRUARY 29, 2024

Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time.

Procurement 105

Procurement Purchasing Price Bidding 105

Open Contracting Partnership

MARCH 28, 2024

Creating a dynamic marketplace that promotes transparency of pricing, services and supply contracts, allows suppliers to continually update their offerings and prices and enables public sector buyers easier access to the latest technology and services.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

ivalua

MAY 15, 2019

The data in this case is text from natural language , which is rarely structured data. It can be found in any human communications, either live conversations (ch atbots, email, speech to text devices …) or stored publicly on the Internet or privately as textual data in databases.

Data 60

Data Management Contract E-procurement 60

Open Contracting Partnership

MARCH 8, 2024

When given opportunities, these businesses excel in delivering quality and innovation. For instance, women producers in Palmira are suppliers for the school meals program and other food provision services. We focused on the plan, the data, and the purpose of what we want to achieve. It’s not just an administrative process.

Government Contracts 80

Government Contracts Leadership Government Government 80

ivalua

MARCH 31, 2020

However, a lack of data integration between systems (44%), lack of relevant insights (40%) and insights not being made available at the right point in the process (39%) are preventing organizations from accurately measuring progress against business objectives. on time payments) and spend visibility.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

ivalua

DECEMBER 5, 2019

Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. The research , conducted by Vanson Bourne on behalf of Ivalua, found that 60% of UK businesses say they consider the role of suppliers important when it comes to driving innovation.

Supplier 9

Supplier Innovation Collaboration Supply Chain 9

ivalua

FEBRUARY 25, 2019

In the rule-based system, for instance, the supplier is typically identified thanks to a regex search on the VAT number in the OCR data of the invoice. Although the VAT number is precise and unique, it is not always on the invoice itself, and the OCR data might not be clean enough to identify a number as a VAT number.

Data 45

Data Supplier Engineering Quality 45

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.

Import 59

Import Procurement Supplier Supply Chain 59