The Procurement School

AUGUST 11, 2023

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The per transaction.

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Efficiency Balance Procurement E-procurement 52

Tracker Intelligence

NOVEMBER 20, 2024

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.

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Efficiency Procurement Data Supply Chain 52

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Procurement Strategic Sourcing Supply Chain Sustainability 97

American City & Country

AUGUST 28, 2024

Sustainable government procurement is the process of acquiring goods and services that meet the government entity’s needs while minimizing environmental and social impacts. Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs.

Purchasing 97

Purchasing Sustainability E-procurement Procurement 97

ivalua

OCTOBER 17, 2022

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. Redwood, CA, 17 October, 2022.

Supply Chain 52

Supply Chain Manufacturing Efficiency Procurement 52

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 105

Price Supply Chain Supplier Procurement Team 105

ivalua

MAY 31, 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?

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Supplier Supply Chain Procurement Team Tender 98

American City & Country

SEPTEMBER 18, 2024

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Prioritize stakeholder engagement, including community input.

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Purchasing Total Cost of Ownership Government Government 110

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

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Supply Chain Finance Procurement Sustainability 98

Oxford College of Procurement and Supply

JULY 28, 2023

Over the last few years, procurement has been undergoing a digital transformation. 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.

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Procurement Procurement Team Supply Chain Supplier 52

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

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Procurement Procurement Team Supply Chain Supplier 61

Oxford College of Procurement and Supply

JANUARY 14, 2025

Why Benchmarking Matters in Procurement Procurement is all about achieving value for money. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Ready to deepen your procurement expertise?

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

MAY 6, 2020

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Zara’s Supply Chain Approach.

Supply Chain 15

Supply Chain Procurement Retail Sustainability 15

ivalua

MAY 9, 2023

But, the competitive landscape for procurement software is very different. As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with public procurement regulations. Where to Start?

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

SEPTEMBER 8, 2015

Accenture’s recently published “ Is Yours a Procurement Organization of One? provides a bold look into the near future of procurement organizations. This is a mindset shift for procurement teams, but it should not be such a stretch. Becoming “one” with the business as an embedded team.

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Procurement Supplier Procurement Team Innovation 59

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. A Blueprint for Demonstrating the value of Strategic Procurement.

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Procurement Supply Chain Influencing Chief Procurement Officer 52

ivalua

MARCH 16, 2022

Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. . Procurement Priorities.

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Procurement Risk Management Supplier Procurement Team 52

ivalua

NOVEMBER 12, 2019

The Future of Sourcing Awards program, which took place Wednesday, October 16, 2019 , recognized companies and individuals that are transforming, innovating and leading the sourcing, procurement and outsourcing industry. “We are proud to be the technology behind the most successful and innovative procurement teams.”

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Procurement Chief Procurement Officer Transparency Innovation 60

ivalua

AUGUST 11, 2022

Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. Ivalua will also deliver implementation services. About Aegion Corporation.

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Procurement Supply Chain Procurement Team Negotiation 52

Scottish Government Procurement

DECEMBER 20, 2023

As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

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Public Procurement Procurement Sustainability Logistics 63

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. . Total estimated infrastructure bill allocations: Source.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

Tracker Intelligence

FEBRUARY 12, 2025

The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Bonfire

MARCH 29, 2022

At Bonfire, we get to work with hundreds of public procurement professionals every day. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion. What general policies do crown corporations follow when it comes to procurement, POs, and contracts?

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Procurement Eprocurement Purchasing Participation 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?

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Public Procurement Procurement Transparency Supplier 52

WashngtonExec

AUGUST 27, 2024

Bindi Patel Vice President of Contracts and Procurement & Corporate Risk Officer, ENSCO Bindi Patel successfully led the integration of ENSCO’s contracts and procurement teams. She also facilitated an overhaul of ENSCO’s contractual and [.]

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Procurement Team Contract Efficiency Procurement 52

WashngtonExec

AUGUST 20, 2024

Bindi Patel Vice President of Contracts and Procurement & Corporate Risk Officer, ENSCO Bindi Patel successfully led the integration of ENSCO’s contracts and procurement teams. She also facilitated an overhaul of ENSCO’s contractual and [.]

Procurement Team 52

Procurement Team Contract Efficiency Procurement 52

ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. In 2022, it generated a revenue of €4.400 billion. Learn more at www.ivalua.com.

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Eprocurement Procurement IT E-procurement 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Manufacturing Supply Chain Procurement Supplier 52

Tracker Intelligence

FEBRUARY 16, 2025

Businesses must understand the key differences between the public and private procurement methods, regulations, and goals when c onsidering tender opportunities in either sector. This article, which compares public and private procurement, gives suppliers the confidence to move in both markets.

Procurement 52

Procurement Tender Public Procurement Supplier 52

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. JFC leverages only best-in-class processes and technologies, with its full operational procurement system used over the years to support its rapidly growing store network in the Philippines.

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Procurement Supply Chain Supplier Chief Procurement Officer 10

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement.

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Public Procurement Procurement Tender Framework Agreement 52

Tracker Intelligence

DECEMBER 30, 2024

Public procurement these days is not just about acquiring goods and public services at low costs. Let us have a closer look at how social value is revolutionising procurement and paving the way for meaningful community impact and environmental benefits. What Is Social Value In Public Procurement?

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

ivalua

JUNE 15, 2022

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber at a Glance….

Supply Chain 52

Supply Chain Innovation Procurement Supplier 52

Tracker Intelligence

MARCH 16, 2025

In the UK, public procurement is essential to providing high-quality public services. Companies wishing to work with public sector organisations must know who the key players in public procurement are. These players administer public contracts, establish procurement regulations, and influence the procurement environment.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 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.

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Procurement Supplier Collaboration Price 52