ivalua

JUNE 26, 2023

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Organizations with an integrated strategic sourcing platform powered by automation can yield considerable benefits in terms of cost savings, efficiencies, and intelligent decision-making.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

Scottish Government Procurement

DECEMBER 12, 2024

Responsible procurement wise. We’ve completed over 250 deep dive assessments now of our suppliers, supply chains and institutional procurement teams and their internal stakeholders. But despite all of these things, our local government colleagues that are procurement teams continue to deliver.

Public Procurement 48

Public Procurement Procurement Supply Chain E-procurement 48

ivalua

MAY 9, 2023

Norway and Public Procurement Adoption One interesting observation to note–several private companies in Norway have adopted the public procurement methodology, not out of necessity, but because it makes sense.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

Oxford College of Procurement and Supply

JULY 28, 2023

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. This allows them to be extremely competitive and ultimately boost sales and revenue.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

MARCH 16, 2022

The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world. Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). . Procurement Priorities. Catalyst for Change.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

APRIL 23, 2021

The book gives a clear view of the benefits of cross functional collaboration for procurement and also some actionable insights as to how procurement can foster collaboration with other areas of the business. . By supporting the budget holders they can then deliver value to the organisation.

Collaboration 52

Collaboration Automotive Supplier Procurement Team 52

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Why is modernizing these processes and tools so important? . A Path Forward.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

Procurement 52

Procurement Supply Chain Influencing Chief Procurement Officer 52

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. Can the software grow with you as your needs change?

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

Bonfire

NOVEMBER 22, 2022

There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. How that money is invested becomes the most important question, because you’re never going to have enough.

Finance 59

Finance Management Utilities Efficiency 59

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The 7 Steps of Source-to-Pay Source-to-Pay is an interconnected cycle that gives Procurement the means to drive value for their business.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Bonfire

SEPTEMBER 1, 2022

We hosted our first ever Bonfire Procurement Awards reception to honor our clients who are moving mountains in their organizations. Then in our case study session, we heard how public procurement teams are using Bonfire to drive their organizations forward and positively impact the communities they serve.

Public Procurement 52

Public Procurement Procurement Team Procurement Bidding 52

ivalua

NOVEMBER 7, 2019

Ivalua’s BOM Lifecycle Manager enables teams managing direct materials spend to work collaboratively to design and deliver products that meet quality requirements, delight customers, and yield maximum profitability. The new capabilities enable visibility of common components across multiple Bill of Materials imported from PLM and ERP systems.

Innovation 9

Innovation Management Quality Manufacturing 9

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. Tracking the Metrics that Matter. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

NOVEMBER 29, 2021

Nearly 2 out of every 3 consumers see sustainability as an important issue, and they are willing to use their influence with governments and organizations to ensure their concerns are addressed. What makes the TealBook partnership and integration with Ivalua so efficient? How do you avoid the supplier identification speed trap?

Supplier 52

Supplier Sustainability Data Integrity 52

ivalua

DECEMBER 14, 2020

Enabling this holistic strategy requires aggregating and analyzing data generated at every stage of Procurement — from sourcing to purchasing, to contract lifecycle management and invoicing — and extracting actionable insights that can inform decisions about suppliers, products, spend management and more. .

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

JUNE 29, 2022

Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Pick the right tools for the job.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

DECEMBER 3, 2021

Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Pick the right tools for the job.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

JULY 26, 2022

Digitization is key to enabling efficient, effective collaboration with a broad set of suppliers, not just a few strategic ones. During the COVID-19 pandemic, procurement teams rose to the challenge for the benefit of their organizations and society. Key Takeaways.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

MARCH 29, 2019

Whilst remembering those are still important aspects of the role, we need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. Improving the efficiency and effectiveness of sales and marketing activity. Improving existing products (so the firm sells more).

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MAY 11, 2021

Risk management has become critical, because it’s no longer just about sourcing efficiencies and cost reduction; it’s about ensuring the availability of products, and the materials needed to manufacture those products,” Dr. El-Jawahari said. . PwC defines six stages, from “beginner” all the way to “Procurement 4.0.”

Risk Management 52

Risk Management Supply Chain Procurement Management 52

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Procurement 52

Procurement Supplier Collaboration Price 52

ivalua

NOVEMBER 11, 2020

eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. In the public sector, these challenges have the potential to impact entire municipalities. On Upcoming Trends.

Eprocurement 52

Eprocurement Supplier Bidding Public Procurement 52

Tracker Intelligence

DECEMBER 16, 2024

This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Public sector procurement is driven by competition to achieve economic efficiency and stimulate innovation, providing new ways to deliver vital goods and services.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

ivalua

MAY 6, 2021

It is important for organizations to ensure a solid data foundation now to capitalize on improving AI capabilities. A common trend throughout the survey results was the importance of supplier collaboration, and the challenges involved. The Future of Procurement is Digital. 4) Improve Collaboration.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

Scottish Government Procurement

DECEMBER 20, 2023

Julie: So our councils are facing massive financial gaps in their budgets and I’m really proud that over the last year local council procurement teams are stepping up to help them with that. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

Public Procurement 62

Public Procurement Procurement Sustainability Logistics 62

Bonfire

APRIL 3, 2023

Procurement software offers a one-stop solution that covers the whole range of contract management challenges. 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.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

Tracker Intelligence

FEBRUARY 16, 2025

Key Differences Between Public and Private Sector Procurement There are a few key differences between public and private sector procurement, including their objectives, the tendering process, supplier selection, regulations and frameworks, transparency in awarding contracts, and even the payment process.

Procurement 52

Procurement Tender Public Procurement Supplier 52

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. What can we expect in 2022? More on that here.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MARCH 4, 2016

The latter is of particular importance since second sourcing can often be very expensive in this sector. That is very much like using a spoon to butter your bread—it may get the job done and it is still a utensil, but it will be far less efficient than a knife.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MARCH 1, 2019

Seeking to light the way on the journey, Procurement Leaders, Covéa and Ivalua joined forces on a recent webinar to inspire Procurement leaders as they boldly go where few Procurement teams have gone before. We won’t force you to choose either supplier management, or source to contract, or procure to pay.

Procurement 45

Procurement Supplier Innovation Chief Procurement Officer 45

ivalua

MAY 21, 2020

Today, procurement leaders have a seat at the table in e-staff meetings. Procurement teams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. So, heightened intuition is extremely important.

Supply Chain 52

Supply Chain E-procurement Supplier Leadership 52

Scottish Government Procurement

DECEMBER 20, 2023

Julie: So our councils are facing massive financial gaps in their budgets and I’m really proud that over the last year local council procurement teams are stepping up to help them with that. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

Public Procurement 40

Public Procurement Procurement Sustainability Logistics 40

ivalua

MAY 1, 2020

Balance Procurement Objectives. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives. Others may still be applied to help businesses better manage the effects of the crisis.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40