This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. Learn more at www.ivalua.com. Follow us at @Ivalua.
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. ProcurementTeams Step-up. Help staff sell procurement’s value during recovery.
Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.
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. . This partnership is unrivalled in the industry, turning early payments into a price reduction lever for procurement and cash returns for the finance team.
Of the teams on this list, Procurement is typically the only group consistently involved from end-to-end in supplier relationships and is traditionally responsible for supplier performance, which provides a unique perspective on: What data is needed? So where does this leave you on your procurement journey?
The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.
Staffing for the core team members and project leadership must flex with the needs of the implementation effort. How will the project schedule and phases align with team members’ other work responsibilities? The same thought process should be extended to the larger procurementteam.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content