Oxford College of Procurement and Supply

JANUARY 14, 2025

The five key types include: Internal External Competitive Functional Generic Figure 1: Types of Benchmarking How Benchmarking Drives Better Procurement Decisions By leveraging benchmarking insights, procurement professionals can: Identify the best suppliers Gain clarity on which supplier offers the best deal based on total value, not just cost.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 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. 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 Manufacturing Supplier Procurement Team 52

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. The deployment of Ivalua’s platform has been tightly integrated with JFC’s backend SAP ERP systems to ensure seamless flow of information and maximum automation.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Navistar had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. When I say technology, I’m not talking about spreadsheets,” White said.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. When I say technology, I’m not talking about spreadsheets,” White said.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Supplier 40

Supplier Data Management Procurement 40

ivalua

MARCH 29, 2019

Improving the efficiency and effectiveness of sales and marketing activity. In every case here, it’s clear that procurement has a potential role to play. For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MAY 1, 2020

Those that selected more rigid technology that is good at driving standard process efficiencies but less so in enabling analysis or connecting stakeholders, or doesn’t address all spend, will struggle to scale efforts. First, category managers should look to investment professionals and take a broad portfolio view of supplier risk management.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. appeared first on Ivalua.

Risk Management 52

Risk Management Supply Chain Procurement Management 52

Tracker Intelligence

MARCH 12, 2025

Public procurement is not just about ensuring a single contract; instead, it requires a long-term strategy to stay ahead of the competition. Success in this space requires more than just submitting bids; it demands strategy, consistency, risk management, and a deep understanding of the ever-evolving rules.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52