Remove Demand Remove Tender Remove Total Cost of Ownership
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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

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Singapore’s EVe harnesses the power of data with help from NTT DATA, AWS

AWS Public Sector

The initial step involved calling up a comprehensive tender to establish a secure, scalable, and flexible data platform. Seeking an innovative solution, EVe initiated a meticulous tendering process, inviting vendors to propose software as a service (SaaS)-based solutions that could effectively address these challenges.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

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Evolution of the Status Quo

The Procurement School

The pandemic initially impacted supply and demand on many items but now there is a broader material and labour landscape that needs to be closely examined, understood, and carefully navigated. Collective agreements offer some predictability, but lump sum tendered bids often must guess the future and buffer to avoid loss.

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The Purpose of Procurement: How ESG is Changing our Roles

The Procurement School

There will always be a cost of goods to consider but it will be a much broader view with the total cost of ownership internalized as much as possible. Any model which is primarily profit-based from a Supply side needs to be effectively balanced by the Demand side.