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Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. Mexico City is proving that big plans lead to better results when citizens and businesses are part of the process.
The National Anti-Corruption Program , recently approved by the Parliament, gives civil society organizations (CSOs) and media a greater role in preventing corruption and “strengthening an ethical, corruption-free public service.” As a result, we found that: Out of 4,000 suppliers, only ten companies supplied almost 70 percent of the US$1.7-billion
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Global Media Contact. media@ivalua.com.
Vision: Ivalua believes that digital transformation will make supply chains more efficient, sustainable and resilient, and unlock the power of supplier collaboration. Follow us at @Ivalua and search for #LifeAtIvalua on our social media channels for further insights into what it’s like to work for Ivalua.
Ivalua enables a global and diversified customer base to effectively manage spend and suppliers on a single platform. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk and improving employee productivity.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk and improving employee productivity.
Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Learn more at www.ivalua.com.
“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We Media Contact.
The goal was to increase efficiency across the Group’s Business Areas. For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. Media Contact. 0207 436 0420.
The right technology can help provide the transparency needed to better assess risk and contingency options, and improve the effectiveness and efficiency of collaboration with suppliers.”. Notably, 71% of procurement leaders say they’ve had a supplier take advantage of supply chain problems to unjustifiably increase prices.
Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers.
(NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. The Ivalua platform offers a single source of truth for all supplier and contract data across Hillenbrand’s global operating companies. Global Media Contact.
We’ve completed over 250 deep dive assessments now of our suppliers, supply chains and institutional procurement teams and their internal stakeholders. We now have 89% of our suppliers paying the real living wage, and 76% of our suppliers are SMEs. Responsible procurement wise. This has been by design.
With over 300,000 small businesses registered to sell to the federal government, their process has to be fast and efficient. Agency Supplier Portal Are there qualified vendors registered in our in-house databases? Embrace Social Selling Buyers are active on LinkedIn, social media platforms and the internet.
Headquartered in Utrecht, bol.com is one of the most successful retail platforms for third-party suppliers in Europe with 13 million customers in the Netherlands and Belgium, and around 3,000 employees. Global Media Contact. Corporate Communications media@ivalua.com. Corporate Communications media@ivalua.com.
Five suppliers have been appointed, three of which are Scottish Small and Medium-Sized Enterprises (SMEs). Five suppliers have been appointed, three of which are Scottish Small and Medium-Sized Enterprises (SMEs). The planned start date for the new framework is 11 July 2024. Early development work on the re-let has commenced.
Ivalua, a global leader in spend management today announced that Bahlsen, a leading supplier of sweet bakery products, has selected Ivalua’s Source-to-Pay (S2P) solution to digitalize its procurement processes. the company is one of the leading suppliers of sweet bakery products in Germany and across Europe. Media Contact.
59% of UK businesses say suppliers have ended relationships with them due to repeated late payments, while 67% fear late payments could trigger a global cashflow crisis. Additional key findings include: 62% of UK businesses say that paying suppliers late has significantly damaged relationships. London, UK, 20th October, 2022.
Hutchinson started digitalizing procurement in 2014 with Ivalua’s supplier relationship management and spend analysis modules. Global Media Contact Corporate Communications media@ivalua.com The post Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua appeared first on Ivalua. Learn more at www.ivalua.com.
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.
During this highly uncertain and inflationary period, organizations are turning to Procurement for critical cost reductions, stronger supplier relationships, and reliability of supply all while pushing forward on innovation and sustainability efforts. Global Media Contact. Corporate Communications media@ivalua.com.
Vision: Ivalua believes that digital transformation will make supply chains more efficient, sustainable, and resilient, and unlock the power of supplier collaboration. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software. Find more information about Ivalua on Comparably here.
Customers are empowered to: Increase supply chain efficiency by digitizing all processes across all spend and suppliers, including unique workflows such as those for operating room purchase orders and capital equipment receiving. Directly collaborate and manage supplier relationships with a comprehensive view of performance and risk.
Despite the initial capital investments, these technologies are driving efficiencies that ultimately lead to cost reduction. The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said.
Fannie Mae has undertaken a multi-year digital transformation of its complete source-to-pay process to improve efficiency, mitigate risk and ensure transparency. Media Contact. With disparate systems and offline processes, reporting used to take months. ” About Iv alua. Realize the possibilities at www.ivalua.com. Michael Gallo.
Every year, federal government buyers actively search for thousands of small business vendors who are ready to meet their procurement needs, ensuring projects are completed efficiently 'on spec, on time, and on budget'. As they seek out trustworthy small business partners, your small business profile will come under scrutiny.
The release includes a broad set of innovations to help organizations better manage their spend and suppliers. in “ The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” Specific release highlights include: Supplier Management Innovations: . Sourcing Innovations: .
However, relying on outdated and inefficient systems like emails, spreadsheets, and shared drives can hinder efficiency and impede progress. These tools should facilitate a centralized procurement platform, allowing agencies to manage the entire procurement lifecycle efficiently.
This means that the tender process will have to be streamlined and efficient if it’s going to appeal to Gen Zs. The process then invites suppliers to submit sealed bids for the supply of goods or services. As a result, they’re more likely to work together to decide which supplier to award a contract to.
Collaborative Framework for the provision of Legal Services A new Category B (Central Government) multi-lot, multi-supplier framework for the provision of Legal Services commenced on 1 September 2023 for a maximum period of 4 years to 31 August 2027. Initial contracts meetings were held with all suppliers.
Collaborative Framework for the provision of Legal Services A new Category B (Central Government) multi-lot, multi-supplier framework for the provision of Legal Services commenced on 1 September 2023 for a maximum period of 4 years to 31 August 2027. Initial contracts meetings were held with all suppliers.
It also covers “coopetition”, a term I have heard before, but she framed it as a real challenge and opportunity for Procurement – how to handle those firms that might be suppliers, partners and competitors, all at the same time. The first client and practitioner session came from Anne Lanusse and Eric Bozec of Total , the oil company.
It confirms, I think, what we already knew, that Scotland has a long and effective history of supplier engagement and development and that our buyers are motivated by a real desire to support local economies and support the people of Scotland. And then, innovation has always been at the heart of what we do.
Results : About a year after the launch of the new strategies, vendor registration has tripled, with local businesses representing 21% of their suppliers, with 9% women-owned, and 6% minority-owned businesses (from 373 to 1113 registered vendors, as of 20 June). What a barrier that was for so many people!”
Key Takeaways WBE certification validates that a business is at least 51% owned, controlled, and operated by women, offering access to supplier diversity programs, government contracts , and enhanced credibility. One of the primary advantages is access to supplier diversity and procurement executives at major U.S.
Over the next few years, many anticipate larger strides, in hopes of a more efficient and smooth procedure for any individual or entity interested in a bidding procedure for a public service or product. So far, AI has already obtained credible influence in the way public procurement tenders can be drafted and submitted.
It confirms, I think, what we already knew, that Scotland has a long and effective history of supplier engagement and development and that our buyers are motivated by a real desire to support local economies and support the people of Scotland. And then, innovation has always been at the heart of what we do.
Creating consistency across the program based on sound application of the rules will increase efficiency and reduce costs for FAS. Finally, Senator Josh Hawley (R-MO) discussed concerns over the government giving social media direct demands to censor content on social media.
The implementation of Ivalua will increase efficiency, reduce manual work and help to manage growth in Laerdal’s procurement operations. With Ivalua, Laerdal will also improve transparency and track supplier performance and certifications. Follow Ivalua on social media: Twitter , LinkedIn , YouTube and Facebook. Media Contact.
New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . The Message Center is an embedded chat functionality that will enable collaboration and contextual discussions amongst internal users and suppliers.
Canada , the Middle East , South America and Asia are now using Ivalua’s procurement empowerment platform to power their digital transformations, improving efficiency, reducing costs, managing risk and growing revenue. in “ The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q1 2018.”
These best-in-class solutions and services are proven to complement government ERP systems to increase productivity, efficiency, transparency, collaboration and compliance. “We and Canada. We are committed to helping public sector organizations better serve their constituents and improve their employees’ experience.
eMaryland Marketplace Advantage is a technologically advanced electronic procurement system designed to make state procurement and business processes more efficient, transparent, secure, and user friendly for all stakeholders. Media Contact. Realize the possibilities at www.ivalua.com. Michael Gallo. Lumina Communications for Ivalua.
System will help improve efficiency and the purchasing experience for government employees and vendors. The system will also provide robust reporting capabilities, improved services for vendors, enhanced vendor collaboration capabilities and further capabilities to improve efficiency. “We Media Contact. Michael Gallo.
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