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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

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. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

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. About half of U.S.

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

Michelin Group’s Hélène Vermont joined the discussion to share how applying these practices has propelled her procurement team to emerge as a leader in sustainability a nd Corporate Social Responsibility. Supplier Performance Evaluation. In many countries, teams face increasing financial obligations and societal contributions.

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Public Sector eProcurement Implementation: Ways to Mitigate Risk and Ensure Success

ivalua

This may include posters with project progress, presentations, and the mobilization of internal influencers. It is also advisable to establish a change control board for managing post-implementation enhancement requests and evaluations. The implementation team must have the right representation across agencies.

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6 Lessons for Procurement Digitization

ivalua

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 Procurement teams have gone before. Have regular meetings with the users and do evaluations in the tool. Here are the key takeaways.