Remove Eprocurement Remove Supplier Remove Sustainability
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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Eprocurement or e-procurement comes from electronic procurement. Benefits of an eProcurement Solution. – Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. .

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. For instance, instead of conducting lengthy RFP processes, your team can access ready-made contracts with industry leading suppliers.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

The vision aims to transform the country into a leading economy, a hub for commercial and cultural activities, and a model for sustainable development. In this blog post, we will explore how sustainable procurement practices can help organizations reduce greenhouse gas emissions and achieve their sustainability goals.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

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.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. As new strategies are implemented and unexpected crises occur, business continuity is vital to maximize and sustain Körber’s supply chain agility and resilience. .

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement. We also discussed the strategy of reverse auctions in which suppliers compete to offer the lowest price possible. Providing training for staff and internal clients.