Open Contracting Partnership

OCTOBER 11, 2023

The National Anti-Corruption Program , recently approved by the Parliament, gives civil society organizations (CSOs) and media a greater role in preventing corruption and “strengthening an ethical, corruption-free public service.” As a result, we found that: Out of 4,000 suppliers, only ten companies supplied almost 70 percent of the US$1.7-billion

Data 115

Data Corruption Supplier Media 115

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Supply Chain 52

Supply Chain Ethics Supplier Sustainability 52

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

APRIL 22, 2021

This has led many companies to consider diversifying their networks to include more onshore suppliers in order to reap the benefits of having a supply chain that’s a bit closer to home. . In many cases, international markets have different environmental and ethical regulations when it comes to how suppliers operate and treat their employees.

Supply Chain 52

Supply Chain Supplier Freight Ethics 52

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. Lowering due diligence standards can lead to unexpected quality, ethical, or sustainability issues. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

Oxford College of Procurement and Supply

JULY 17, 2024

To enhance our status and ensure that we are providing optimum value without reducing quality, we can work to a LEAN approach. This approach was first implemented in manufacturing in the 1950s after the Second World War. The logic behind LEAN is to reduce waste and make processes more efficient.

Inventory 59

Inventory Manufacturing Transportation Transportation 59

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Rather than disrupt supply, let’s disrupt supplier management. Has past performance exceeded a threshold?

Supply Chain 52

Supply Chain Risk Management Management Supplier 52

The Softly Spark

AUGUST 24, 2023

The company supports traditionally underrepresented suppliers with its newest program, Celebrate Black Makers , featuring products from black-owned businesses. They welcome all suppliers–no matter how big or small. In addition, Wayfair doesn’t charge or take a cut from their suppliers’ sales.

Sustainability 52

Sustainability Retail Supplier Purchasing 52

ivalua

DECEMBER 14, 2020

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Balancing New Priorities Makes Procurement More Valuable.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

OCTOBER 24, 2022

Although the majority of procurement teams have not cut corners with their sourcing criteria and suppliers to secure supply in this market, 32% have – which is a huge red flag. . Cutting corners may help procurement teams keep suppliers flowing in a pinch, but it will likely lead to more issues down the road.

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

ivalua

SEPTEMBER 26, 2019

Some of this work should include building better relationships with suppliers and colleagues. In addition to being on good terms with suppliers, companies will need to cover many other aspects to manage risk effectively and protect themselves. Standards/regulations regarding fraud and ethics may also vary from one sector to another.

Supply Chain 40

Supply Chain Risk Management Management Import 40

Open Contracting Partnership

DECEMBER 8, 2023

It has debarred more than 60 suppliers for violations, and reduced unresolved complaints and canceled tenders. The measures seem to have increased trust in the reforms: more than 20,000 new suppliers have registered, competition is growing across open procurement processes, and supplier diversity is up 27%. in 2020 to 59.7%

Corruption 71

Corruption Collaboration Data Public Procurement 71

ivalua

JUNE 1, 2022

By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.

Finance 52

Finance Supply Chain Procurement Supplier 52

ivalua

MARCH 3, 2020

Often, we see suppliers to the enterprise participating in the incubators. On the contrary, Procurement often plays the bad cop role, creating barriers to onboard new and innovative suppliers, asking for endless compliance documents, ending the magic of the incubation. Yet, these initiatives are rarely owned by Procurement.

Procurement 72

Procurement Supplier Collaboration Innovation 72