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Procurement on the Thames: Ivalua’s London Summer Symposium

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Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

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

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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.

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Supplier Collaboration and Coordination. Who’s Your Role Model?

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Time to market also improves substantially due to fewer changes in design and more efficient sourcing. When incorporated into an efficient strategic sourcing process, collaboration can result in better visibility into total costs and a better negotiation position. Collaboration with the finance department.

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

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Director Strategic Sourcing Digital & Functional Transformation, . This year, we’ve invited a wide array of industry thought leaders to join 6 expert panels covering Data Integrity, Sourcing Optimization, Sustainable Procurement, Finance Procurement, Public Procurement, and Federal Procurement. .

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What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

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As financing and cash flow is uncertain, cash is once again king and Procurement and AP leaders are being asked to forecast and preserve cash wherever possible. And 91% of advanced organizations managed all spend via category management and strategic sourcing processes vs. 16% of beginners. But not more than other objectives.