ivalua

MARCH 1, 2022

Supplier spend is changing rapidly and organizations must manage supplier spend by identifying the shift in the current inflation (adjusted price of the supplier’s goods). While supplier relationships are priority, external factors such as currency, demand, and cost of energy are affecting pricing and supply.

Supply Chain 52

Supply Chain Procurement Team Supplier Procurement 52

ivalua

JANUARY 31, 2022

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Disruptions in global supply chains, labor market shortages, strong consumer demand. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? What can we expect in 2022?

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

American City & Country

OCTOBER 29, 2024

By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. For agencies facing labor shortages or limited resources, VMI can be a game-changer.

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

ivalua

OCTOBER 18, 2022

By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come. This is especially true given the current market conditions, which are characterized by volatile commodity prices, uncertain economic growth and shifting geopolitics.

Transparency 52

Transparency Supply Chain Data Procurement 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 Procurement 52

ivalua

NOVEMBER 29, 2022

Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Risk Metrics. Delivering Better Visibility Across Suppliers.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

The Procurement School

APRIL 17, 2023

What we did last month to run a competitive process or prepare for a procurement is likely going to be how we approach our next. The price of carpet @ $10.00 per m² has a strong influence on any other price we see-higher or lower. Looking at an example from the last decade, when did procurement realize what it didn’t know?

Procurement 52

Procurement Inventory Competitive Bidding Influencing 52

ivalua

JUNE 27, 2022

C2FO: The on-demand, flexible C2FO working capital platform is a significant component of Ivalua’s modern strategic payments experience. This partnership is unrivalled in the industry, turning early payments into a price reduction lever for procurement and cash returns for the finance team.

Supply Chain 52

Supply Chain Buyers Supplier IT 52

ivalua

MAY 1, 2020

While taking a collaborative approach with stakeholders and suppliers is increasingly accepted as the best approach, I still see many Procurement organizations resorting to the old ways – beating up suppliers. “We We are under financial stress so you need to help us out by dropping our contracted prices, and accepting later payment.”

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. The secret?

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Tracker Intelligence

NOVEMBER 29, 2024

By addressing these challenges, procurement teams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 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

Government Contracts Legal Forum

NOVEMBER 14, 2023

On November 8, 2023, the Biden-Harris Administration announced the Better Contracting Initiative (BCI), a four-pronged initiative to ensure that the federal government is getting the best terms and prices when purchasing goods and services. Data will be provided to agencies through on-demand tools and resources.

Supply Chain 40

Supply Chain Contract Negotiation Price 40