American City & Country

NOVEMBER 18, 2024

The Growing Need for Enhanced Event Safety With the increasing frequency of large-scale events, procurement teams are tasked with finding reliable, high-quality solutions for crowd control and event safety. With OMNIA Partners, procurement teams have access to a portfolio of suppliers who provide quality, compliance, and reliability.

Procurement 58

Procurement Procurement Team Supplier Quality 58

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

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 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

GovSpend

FEBRUARY 29, 2024

In her example, she reviewed different tire suppliers and demonstrated how historical PO data showed that one supplier had a long history of working with over 100 agencies, making that the clear winner of her business. For those who missed the webinar, the recording is here along with other new and on-demand webinars.

Procurement 105

Procurement Price Purchasing Bidding 105

ivalua

MARCH 13, 2019

The nature of Public Sector Procurement demands a high level of sensitivity to perceptions of processes, communications, and access. Creating a positive supplier community experience is essential to maintaining critical relationships and to drive optimal results on current and future projects. Happy Suppliers are Engaged Suppliers.

Supplier 40

Supplier Transparency Procurement Purchasing 40

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Supplier 40

Supplier Leadership Strategic Sourcing Management 40

ivalua

NOVEMBER 25, 2015

They build strong supplier relationships to deliver on-time, high quality products and meet capacity demands. Given that sourcing and supplier management teams are responsible for building and maintaining supplier relations, they also have the opportunity to drive innovation. Suppliers are experts in their domain.

Strategic Sourcing 40

Strategic Sourcing Supplier Management Supply Chain 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. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

American City & Country

NOVEMBER 18, 2024

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

OCTOBER 18, 2022

While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible. Below, Improve Data Quality. Improve Data Quality. Having quality data is essential, but ultimately the decision-maker must have access to insights that drive value.

Transparency 52

Transparency Supply Chain Data Procurement 52

Tracker Intelligence

JUNE 16, 2024

Health tenders are official calls for bids from healthcare institutions, government, or private entities seeking suppliers of products and services. They are very vital in making sure that health care institutions get the necessary resources to be able to provide quality health care to patients.

Tender 52

Tender Competitive Bidding Bidding Supplier 52

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Leveraging Technology to Transform The Supply Chain.

Supply Chain 52

Supply Chain End to End Transparency Logistics 52

ivalua

AUGUST 21, 2022

First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers. Take action with suppliers. Lever 1: Engage the suppliers with the highest emissions. Coordination between major customers and their suppliers, such as “1.5°C

Supplier 52

Supplier Supply Chain Purchasing Buyers 52

ivalua

JANUARY 31, 2022

Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? The annual rate of inflation in the United States hit 6.2% What can we expect in 2022?

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

American City & Country

SEPTEMBER 24, 2024

The small team is tasked with managing a wide range of responsibilities, including overseeing the purchasing budget, soliciting and evaluating bids, addressing supplier queries, finalizing purchases, and handling payments. “Securing three quotes for our purchases poses a significant challenge. .”

Purchasing 58

Purchasing IT Supplier Negotiation Efficiency 58

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

Collaboration 52

Collaboration Supplier Supply Chain Procurement 52

ivalua

NOVEMBER 29, 2022

A supply chain event can have a massive impact on operations and production quality and leave customers in the lurch, impacting customer satisfaction, revenue, and profits. Surprisingly, competitive sourcing has decreased in 2022, down from 48% to 44%, mainly because of rising prices that put suppliers in the driving seat.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

MARCH 18, 2021

The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions. About Punch Powertrain.

Strategic Sourcing 52

Strategic Sourcing E-auction Automotive E-procurement 52

How to Crack a Nut

OCTOBER 6, 2023

A first observation is that the controversy surrounding the definition of ‘high-risk’ in the EU AI Act immediately carries over to the model AI clauses and to the choice of ‘demanding’ vs light version. <Optional: add, if available, a specific standard>’.

Buyers 88

Buyers E-procurement Transparency Procurement 88

ivalua

DECEMBER 14, 2020

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Balancing New Priorities Makes Procurement More Valuable.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. Lowering due diligence standards can lead to unexpected quality, ethical, or sustainability issues. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

ivalua

JANUARY 24, 2022

We’ve always been focused on ensuring that we have high-quality data that’s accessible and secure. Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Then look at generating quality data in the source-to-pay process.

Data 52

Data Procurement Supply Chain Supplier 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52

ivalua

APRIL 17, 2023

These advancements in public procurement processes have driven a critical yet growing demand for procurement software solutions that support efficient planning, execution, management – ultimately resulting in greater insights into government operations. Taxpayers and legislators demand transparency, and suppliers appreciate it.

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Rather than disrupt supply, let’s disrupt supplier management. Has past performance exceeded a threshold?

Supply Chain 52

Supply Chain Risk Management Management Supplier 52

ivalua

MAY 11, 2021

procurement digital transformation started on December 2020 with the Go-Live of the Ivalua Supplier Management module. Combining the Supplier Management module implementation with the Supplier qualification process re-design, Arkad S.p.A. The Arkad S.p.A competitiveness and for its customers satisfaction. strategy and values.

Procurement 52

Procurement IT Supplier Supply Chain 52

ivalua

DECEMBER 18, 2019

It covers spend analysis, sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant. As AI applications evolve and are increasingly embedded in S2P suites, quality data is critical to generating and presenting actionable insights.

Supplier 59

Supplier Eprocurement E-procurement Integration 59

ivalua

JANUARY 21, 2020

The first step is to know which suppliers the city or county does business with. The next level of risk management might include identifying and tracking subcontractors and second tier suppliers as well as general contractors/first tier suppliers.

Procurement 40

Procurement Supplier Eprocurement Transparency 40

Tracker Intelligence

NOVEMBER 14, 2024

Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52

Procureware

NOVEMBER 16, 2017

As a procurement manager, you know how important suppliers are to your organization. Their performance is crucial to achieving your financial, performance and quality objectives, and a poor supplier creates risks for everything from budget overruns to missed schedules and liability lawsuits.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

ivalua

JUNE 1, 2022

By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.

Finance 52

Finance Supply Chain Procurement Supplier 52

ivalua

OCTOBER 29, 2019

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. This encourages more diverse participation and improves the quality of responses – and therefore creates value for the general public.

Transparency 45

Transparency Procurement Supplier End to End 45

GovSpend

MARCH 18, 2024

In her example, she reviewed different tire suppliers and demonstrated how historical PO data showed that one supplier had a long history of working with over 100 agencies, making that the clear winner of her business. For those who missed the webinar, the recording is here along with other new and on-demand webinars.

Procurement 52

Procurement Price Purchasing Bidding 52

Open Contracting Partnership

DECEMBER 22, 2023

They leveraged Paraguay’s high quality, publicly accessible open contracting data to measure the existing participation of these smaller businesses and to understand their challenges in working with government buyers. Second, they sought to leverage Paraguay’s accessible, high quality open contracting data.

Procurement 62

Procurement Tender Public Procurement Bidder 62

ivalua

MARCH 14, 2019

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. The modern CPO can use Smart Procurement technology to address the poor quality of data and lack of integration. But for this to happen, CPOs need full visibility of suppliers. Making Insights Actionable.

Procurement 40

Procurement Supplier Capacity Risk Management 40

Tracker Intelligence

FEBRUARY 28, 2024

Customers may select the best offer from submitted tenders based on quality, price, and terms thanks to its transparency, equity, and efficiency of the tender process. This method decreases the number of bids to control and evaluate, concentrating on the quality rather than quantity.

Tender 52

Tender Bidding Bidder Competitive Bidding 52