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eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. McAdoo echoed this point, adding that Covid-19 had the unexpected benefit of driving innovation and new opportunities to share ideas.
Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. Driving impact with eProcurement. What’s next?
We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . Today, we are stronger, more united, and more determined to lead and innovate together! Anthony Long, Vice President and Chief Procurement Officer and Mark Krause, Sr.
During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Procurementteams that leverage the latest technology platforms can empower stores to manage GNFR on their own. With change comes innovation.
This highly automated approach, Jones suggested, is the future of Procurement and will enable organizations to be much more resilient and agile, especially in times of crisis. Jones said organizations may have to rethink their relationship with suppliers, as well. Nurture Supplier Relationships to Support Agility and Resilience.
A really good regional event and an opportunity to connect buyers and procurementteams from across the public and private sector as they prepare for upcoming contract opportunities. We’ve seen a number of developments across construction procurement policy recently with the publication of three new construction policy notes.
The most common thing preventing procurementteams from creating these initiatives is not having a starting point. Gather, store, and use your data One critical piece of any procurement department is a system to collect vendor diversity data. And innovation would probably have been second.” Where do you start?
Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurementinnovation is going to require strong leadership and expert guidance. BUT, technology is only there to empower innovators through their paradigm shift. Here are the key takeaways. Sounds great doesn’t it?
At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurementteam 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. Enable innovation.
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