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Procurement and supplychain teams will play a crucial role in making this vision a reality. Carbon Reduction Procurement and SupplyChain teams are essential players in the race to reduce Greenhouse Gas (GHG) Emissions–specifically Scope 3 carbon emissions.
The global supplychain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supplychain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber at a Glance…. Körber + Ivalua.
Use procurement software or work with a GPO like OMNIA Partners that offers advanced analytics tools to track spend, identify trends, and optimize your supplychain. Whether it’s dealing with supplychain disruptions or pivoting in response to new regulations, being flexible in your procurement strategies is essential.
Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.
The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supplychain chaos. MENA countries import a lot of food; disrupted supplychains and price increases mean potential food shortages. Enter eProcurement.
When Covid-19 hit, supplychains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supplychain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. Procurement Teams Step-up. You can download Gartner’s full report here.
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supplychain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supplychain! Let’s explore further.
This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, SupplyChain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. After catching up with colleagues and acquainting ourselves with some new faces, we dove into solution breakout sessions.
During the pandemic, Procurement flexed its muscle, helping to mitigate supplychain disruptions and enable new channels for engaging with customers and fulfilling orders. But in response to supplychain disruptions over the past year and a half, many store managers had to go rogue.
Current President of NPI National Procurement Institute. Day-long meeting (in Brooklyn, NY) Two of our advisors joined our complete US staff & Negometrix’s new CEO from the Netherlands during our first meeting in February 2019. During an interactive, productive, day-long discussion we covered: 1.
Premier event for procurement & supplychain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Registration is free for procurement, finance and supplychain practitioners and can be done online at Ivalua’s website. Redwood City, CA.
Premier event for Procurement & SupplyChain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. The event will bring hundreds of procurement, supplychain and finance leaders together on May 4-6 at the Ronald Reagan Building and International Trade Center in Washington D.C.
We also reflected that there may be trade-offs between these objectives that we need to manage with an eye to longer-term value and looking across the whole supplychain: there is no point buying solar panels to go green, if they are being made with slave labour.
Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supplychains across the globe. In reality, procurement sees all the waste and redundancy that exists in the supplychain, and has a significant impact on a business’s bottom line.
A couple of weeks ago, ISM and Spend Matters had their first Eprocurement Technology Summit in Baltimore, Maryland on the Inner Harbor. Financing trade and supplychain as a business- Financing payables and receivables is anything but covered at this point– per Jason. I attended with a few colleagues from Directworks.
Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran. Deploying Data Integrity across the SupplyChain Cycle, IADQP + Cleveland Clinic. The interactive sessions will also dedicate time for peer discussion and Q+A’s. . Evolution to Accommodate Growth, Navy Federal Credit Union.
Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report. That allows us to ultimately deliver better value to our customers.”.
Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
A panel discussion moderated by KPMG (top sponsor at the event) featuring leaders from Honeywell and Meritor on the future pf procurement, where innovation and ways to best collaborate with supplychains was one of many points made.
Product quality improves and the supplychain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days. Bad Supplier Relationship Management is the kryptonite for AP . Instead, Automate! . Becoming an AP superhero isn’t about making things more complex.
Agility means the flexibility to change the nature of what is being bought if the requirements change – with a direct link from the sales side of the business back through Procurement to suppliers and the supplychain.
The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. CPOs in many organisations have progressed beyond the planning stage, with Ivalua actively working with many of them and supporting their journey.
Alex Saric, CMO, Ivalua. In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Achieving best-in-class is a worthy goal, but should be viewed as an interim one rather than the ultimate objective, at least as typically measured.
Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” ” It is not a surprise that the responsibilities of today’s CPOs are evolving fast compared to the ones they had in the past years.
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