ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Supplier 98

Supplier E-procurement Ethics Supply Chain 98

American City & Country

NOVEMBER 18, 2024

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

Open Contracting Partnership

DECEMBER 2, 2024

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.

Collaboration 57

Collaboration E-procurement Tender Bidding 57

American City & Country

NOVEMBER 18, 2024

In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. The lead agency conducts the solicitation and RFP process, sets the terms, and awards the contract to a supplier. Other agencies can also use the contract with competitive pricing and terms.

Purchasing 58

Purchasing Procurement IT Quality 58

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Supplier 59

Supplier Management Buyers Innovation 59

Oxford College of Procurement and Supply

JANUARY 14, 2025

In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. Explore our CIPS courses today and gain insights into effective supplier management strategies. Benefits Of Benchmarking Benefits of Benchmarking Ready to deepen your procurement expertise?

Supplier 59

Supplier Supply Chain Price Procurement 59

American City & Country

SEPTEMBER 24, 2024

If the department submitting a purchase request didn’t know exactly what they were looking for, or if what they needed couldn’t be purchased easily online, the process for identifying suppliers and waiting for responses was cumbersome and could take up to 3 days, leading to delays and lots of wasted time.

Efficiency 58

Efficiency Procurement Purchasing Supplier 58

The Procurement School

JULY 16, 2024

The following article discusses the various steps of contract management and its role in procurement efficiency. But first a definition of efficiency. Efficiency involves achieving intended results while minimizing time, resources and effort. It frees up time for developing proactive strategic supplier relationships.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Open Contracting Partnership

APRIL 4, 2025

Engage with the market and make contract opportunities attractive to more suppliers Alongside investment in domestic country systems, the World Bank can strengthen its own procurement, through the stronger use of strategic procurement plans for each project. This limits its utility and efficiency for both the Bank and its clients.

Procurement 52

Procurement Collaboration E-procurement Procurement Team 52

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. This is a great place to begin the conversation about supplier trade credits and terms. Is it worth it? Absolutely!

Efficiency 52

Efficiency Buyers Supply Chain Supplier 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. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Open Contracting Partnership

APRIL 16, 2025

New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 Taking advantage of gaps in patent legislation, unscrupulous suppliers registered patents for their goods (light bulbs, furniture, IT products, etc.). on average in 2021 to 10.23 in 2021 to 4.2

Procurement 52

Procurement Public Procurement Tender E-procurement 52

Oxford College of Procurement and Supply

JANUARY 11, 2023

Businesses can be negatively impacted when a supplier fails to meet the standard required. As such, it’s important to act quickly when faced with poor supplier performance, putting adequate processes in place to resolve the issue promptly and efficiently.

Supplier 52

Supplier Import Quantity Procurement 52

AWS Public Sector

APRIL 3, 2025

Procurement specialists must rapidly develop expertise across multiple commodity areas while ensuring work scopes are clear, comprehensive, and fair to all prospective suppliers. What used to require extensive research and multiple revisions can now be completed more efficiently, with higher accuracy and consistency.

Procurement 64

Procurement Education Procurement Team Chief Procurement Officer 64

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

MARCH 30, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. How can you create a more efficient supply chain and gain a better understanding of overall performance?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

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. About Ivalua.

Supply Chain 52

Supply Chain Manufacturing Efficiency Procurement 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. To maintain efficiency during times of high demand, teams must have a system in place that allows them to easily scale up their processes as needed.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

ivalua

MARCH 18, 2021

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.

Strategic Sourcing 98

Strategic Sourcing E-auction Automotive Total Cost of Ownership 98

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Supplier 52

Supplier Accountability Eprocurement Supply Chain 52

ivalua

JUNE 29, 2021

Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments.

Supplier 52

Supplier Supply Chain Transparency Finance 52

ivalua

JUNE 10, 2020

That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management.

Risk Management 59

Risk Management Supplier Supply Chain Management 59

The Procurement School

FEBRUARY 6, 2024

Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field. We will uncover how their expertise contributes to supply chain management’s efficiency and success. Certified procurement professionals play a pivotal role in enhancing supply chain efficiency.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

Public Contracting Institute

APRIL 23, 2024

Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project. Risks of firm fixed price contracts Underestimating costs : If the supplier fails to accurately estimate the costs involved, they may end up losing money on the project.

Supplier 52

Supplier Price Government Government 52

Federal News Network

SEPTEMBER 12, 2024

That’s part of the supplier performance risk system, DLA’s authoritative source for vendor performance. DLA’s efforts to increase the use of automation in their contracting system include using that information to asses a supplier’s risk and quality score as a necessary validation before making an award.

Contract 111

Contract Supplier Logistics Efficiency 111

ivalua

SEPTEMBER 8, 2022

Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. When suppliers are treated as partners, they can be a huge asset in times of trouble. Ivalua Supplier Risk and Performance Management Checklist.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

JULY 21, 2021

“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 ABOUT IVALUA . Michael Gallo.

Supply Chain 52

Supply Chain Efficiency Strategic Sourcing Competitive Bidding 52

ivalua

JUNE 28, 2021

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.

Supplier 52

Supplier Supply Chain Buyers Collaboration 52

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 105

Price Supply Chain Supplier Procurement Team 105

ivalua

JANUARY 13, 2021

. – Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. Therefore, allowing suppliers to update (under the user control) a PO is key.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

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. See you soon!

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

APRIL 25, 2023

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. Follow us on LinkedIn and Twitter.

Supplier 52

Supplier Management Supply Chain Media 52

ivalua

JUNE 3, 2020

Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration.

Supplier 10

Supplier Collaboration Supply Chain Finance 10

ivalua

JANUARY 15, 2021

The solution will support Intalere’s Supplier Management, eSourcing, Contract Lifecycle Management and transactional procurement processes. Consus Global led the implementation and transformation efforts to support Intalere’s critical efforts for driving cost savings and organization-wide transparency and efficiencies”.

Supplier 10

Supplier Management Supply Chain Category Management 10

ivalua

JUNE 3, 2020

Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration.

Supplier 52

Supplier Collaboration Supply Chain Finance 52