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But until recently, like many governments, New York City relied on antiquated systems and lacked the tools to take full advantage of its procurement data. The team at the Mayor’s Office of Contract Services (MOCS) have a vision for a more open, transparent and inclusive procurement process. The other part of it is people.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 2: Category Management appeared first on Art of Procurement. “Digital products become a bedrock of all the processes and the transformation that is taking place in the organization.” –Sanjeev.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 4: Procure to Pay appeared first on Art of Procurement. “If your data feeds back into your upstream processes, that helps you make better decisions and eventually helps the overall.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 1: Understanding the Current State and Mapping Out the Solution appeared first on Art of Procurement. “Some of my favorite transformation success stories involve people who started out saying, ‘Please, don’t talk to me; I don’t.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 3: Source to Contract appeared first on Art of Procurement. “Organizations have started looking at pain points as challenges to help transform their existing organizations and align them with the.
It’s moving to a category management approach, organizing procurement around the primary categories of spend. In addition, it’s launching a lifecycle management approach to help streamline and standardize procurement workflows. But the missing ingredient for us really, and for any agency, is aggregating the demand signal.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. That hubris reared its ugly head most recently in June when the Navy retracted a technical assessment that found shortcomings in the Navy’s electronic procurement system (ePS) program.
Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.
John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. The collaboration revolves around the corruption risk monitoring platform, Opentender.net , developed by ICW and the national public procurement agency LKPP.
If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).
Carahsoft Technology has entered into an agreement with Quantum to market the latter’s suite of end-to-end data management offerings to government clients. The products can be accessed through the GSA Schedule, NASA Solutions for Enterprise-Wide Procurement V, Information Technology […]
Andrea Sampanis, the acting director of the Grants Quality Service Management Office in the Department of Health and Human Services, said the procurement pilots with AmeriCorps, the Inter-American Foundation and the Northern Border Regional Commission opened the door to bigger possibilities to modernize federal grant services. “We
Bravida is the Nordic region’s leading supplier of end-to-end technical solutions in service and installation.They help their customers to create effective and sustainable properties by providing installation and maintenance services for critical infrastructures. About Bravida Holding AB. Learn more at www.ivalua.com.
As we prepare to mark International Women’s Day (Wednesday, March 8th), we reached into our network of impressive female procurement executives, consultants, and thought leaders. Procurement = Impact. There are no boundaries to the value procurement can deliver.”. Why we LOVE procurement. Simrit Sandhu. Sylvie NOËL.
Viparis has chosen Ivalua and CKS to equip its Procurement department with a software suite that meets the challenges of an exceptional deadline for the 2024 Olympic Games in Paris and will help sustain the Group’s growth. The solution implemented is based on a “pre-configuration” that combines the reference functionalities of e-Procurement.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?
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.
Procurement transparency exists within the public sector because it is required by law. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. And yet, not all transparency is equally effective.
Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end.
has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. procurement digital transformation started on December 2020 with the Go-Live of the Ivalua Supplier Management module. in realizing its digital procurement vision.” REDWOOD CITY, Calif.,
The Ivalua team will be returning to eWorld Procurement & Supply in London. Procurement and Supply Chain Leaders – to transform your SRM you need to understand your Procurement maturity (Beginner, Expert or Advanced), and what you are looking for from each supplier relationship. Steve Carter.
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?
A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. What are Green Supply Chain Strategies? How to address Green Supply Chain Management?
“The acquisition of Artel broadens and deepens our offerings while enhancing our ability to serve as an end-to-end solution provider for national security technology,” Nader Elguindi, president and CEO of Cydecor, said in a published statement. The combination is
Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Inside the modern enterprise, a variety of groups use supplier master data, including not just Procurement, but also: . Operations.
Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .
To stay ahead of all of these risk factors and changing demands, organizations need to discard their linear supply chain models and embrace an autonomous, end-to-end connected ecosystem. Leveraging Technology to Transform The Supply Chain.
We provide our expertise in digitalizing the procurement’ value chain to enable our clients create a competitive advantage by gaining agility, saving costs and monitoring properly their third party risk.
Thanks to a number of integrations, the implementation of Ivalua’s platform will ensure end-to-end coverage of the Source-to-Pay (S2P) cycle, providing a seamless user experience resulting in higher adoption, and increased process as well as policy compliance.
Over half of the heads of procurement in our survey (53%) are currently confident in the resiliency of their supply chains, while 20% of the respondents are somewhat confident. Procurement leaders are under increased pressure to improve supply chain resilience. Future-proofing Procurement Against Supply and Demand Shocks.
For almost 30 years prior to joining Ivalua, Steve has worked as a Senior Product owner and Business Director in organisations selling procurement solutions into the Public and Private sectors. This covered specifying market requirements, service design, end-to-end market engagement and sitting on the UK P2P central government working group.
JACKSONVILLE, FL–(10/7/2021) – Beeline , the leading technology solution provider for managing the extended workforce, and Ivalua , a global leader in cloud Spend Management solutions, announce a partnership which incorporates contingent staffing into the total procurement spend solution. .
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. About Consus.
“I expect the Ivalua platform to act as an accelerator for our digital transformation project, which will further increase the value of indirect procurement for our internal customers, our suppliers and the company as a whole,” he concluded. .
Once an organization has the complete Strategic Payment cycle in place CFOs can use the end-to-end visibility to control bottom-line growth with targeted programs. . Procurement can use C2FO to reduce the risks within the supply chain, onboard diverse, environmentally conscious or innovative suppliers. What’s more? What’s more?
The partnership accelerates procurement digital transformation with Ivalua. REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. About Consus.
He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.
Given these needs, let’s think back to the current state of public procurement technology. Our Public Portal provides public access to solicitation, awarded contracts, analytics, and details of the end-to-end bid management process to provide greater visibility, context, and supplier inclusion for active and planned solicitations.
Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. . About Durvah.
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