Remove Efficiency Remove Eprocurement Remove Strategic Sourcing
article thumbnail

What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

article thumbnail

3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Developing and executing category strategies is critical to effective strategic sourcing. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

No integrated workflows: ERP systems don’t provide integrated workflows or automatic approval management, making it difficult to set up and maintain efficient procurement processes. No support for strategic sourcing: ERP systems don‘t offer support for strategic sourcing, which is critical for optimizing spend and driving savings.

article thumbnail

Your procurement compliance and risk management checklist

Bonfire

Our panelists included: Hend Salem , Manager of Strategic Sourcing – Non Clinical at The Ottawa Hospital Carol Izzio , Director of Procurement at Sheridan College Christine McParland , Director of Residence and Ancillary Services at St. Get eProcurement with compliance built-in. Everyone has to buy in.”

article thumbnail

We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

ivalua

Director Strategic Sourcing Digital & Functional Transformation, . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner. Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.

article thumbnail

Establishing Procurement as a Competitive Advantage

ivalua

If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example). It is exactly that deeper level of integration which delivers the efficiencies and seamless access to information you need to advance fully in your journey. Plan to avoid those.