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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. In the public sector, these challenges have the potential to impact entire municipalities. resources,” said Good.
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. Redwood City, CA, 20 April 2023. Learn more at www.ivalua.com.
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.
Enterprise Resource Planning (ERP) systems have become an essential tool for complex organizations, but when it comes to procurement in the public sector, they aren’t enough. No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together.
Given the challenges elementary and high school students are facing right now, K-12 procurementteams have a unique opportunity to make a positive impact through their purchasing decisions. Today on the blog, we’re sharing how eProcurement can help you deliver that impact and make student-first buying decisions.
Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. There hasn’t been an implementation project that I have been a part of where the team walked away without lessons learned for future implementations, and public sector implementations are no exception.
Today I’m proud to commemorate the 10-year anniversary of Bonfire and, with it, the incredible clients and team who have made our success possible. Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Reflecting on the journey.
We know that Procurement is going through a huge transformation, and we know that some departments are charging ahead while others are just getting started, but this is what The Hackett Group says Procurementteams are evolving into in 2019 and in the years to come.
What general policies do crown corporations follow when it comes to procurement, POs, and contracts? If the amount is over the threshold, sourcing is led by the procurementteam, whether through a public bid, NOI, or limited tendering option. How important is planning to procurement project success?
Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. Access to a curated list of Amazon Business items (up to 100,000 or more) within Ivalua, with real-time pricing and availability, giving procurementteams a higher degree of control.
Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. Access to a curated list of Amazon Business items (up to 100,000 or more) within Ivalua, with real-time pricing and availability, giving procurementteams a higher degree of control.
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.
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.
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?”. Procurement is a core role in any modern business, but when issues surface, it can be a source of waste and inefficiency. Körber + Ivalua.
In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.
During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Rethink What’s Normal. About half of U.S.
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. So you want to create a vendor diversity program. Where do you start?
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.
Procurementteams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. What kinds of risk can procurement help identify and prevent? It’s changed dramatically. You mentioned eliminating risk.
Seeking to light the way on the journey, Procurement Leaders, Covéa and Ivalua joined forces on a recent webinar to inspire Procurement leaders as they boldly go where few Procurementteams have gone before. Here are the key takeaways. Change does not happen by accident. Sounds great doesn’t it? In 2013 they went live.
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