ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. Applications of Procurement Analytics Yet, procurement data analytics is not limited to just cost management.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. The answer lies in benchmarking.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

American City & Country

SEPTEMBER 24, 2024

The Challenge: Limited Resources, Lengthy Research, and Cumbersome RFP Process The Town of Epping faced a significant challenge in streamlining its procurement operations due to the intricate and heavily regulated nature of government purchasing. This is a widespread issue across government procurement teams.

Purchasing 58

Purchasing IT Supplier Negotiation Efficiency 58

Bonfire

SEPTEMBER 1, 2022

Innovations shaping our future—that was the theme of this year’s NIGP Annual Forum hosted in Boston from August 21st to 24th. Getting together to share knowledge and experiences while tackling new challenges is something so fundamental to public procurement and we love to see the collaboration and passion for the profession at these events.

Public Procurement 52

Public Procurement Procurement Team Procurement Bidding 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

Tracker Intelligence

FEBRUARY 12, 2025

Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement. Review and Lessons Learned After completion, procurement teams assess what worked and what could be improved for future projects. E-Procurement It is the digital way of handling public purchasing.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Also included: supplier improvement plans, innovation plans and overall supplier collaboration.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. If not resolved quickly, these issues could lead to higher costs, less innovation and missed opportunities to improve public services.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Procurement teams that leverage the latest technology platforms can empower stores to manage GNFR on their own. With change comes innovation.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

JULY 13, 2022

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. ESG Objectives for Buyers. Reporting: Capturing Sustainability Efforts.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

Tracker Intelligence

DECEMBER 30, 2024

Transparent criteria for evaluating social value proposals allow for fair competition among suppliers while keeping them liable for their commitments. Clear policies serve as a roadmap in guiding procurement teams and suppliers toward achieving meaningful and measurable outcomes that benefit society.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

Bonfire

NOVEMBER 22, 2022

are creating opportunities for teams to address maintenance that has been deferred for many years, as well as kickstart innovation on new projects. Second, I had to prove that we’re more efficient…because we’re implementing innovative solutions that are less expensive than our prior practices.”. This was a game-changer. “As

Finance 59

Finance Management Utilities Procurement 59

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Evaluate and manage supplier performance.

Supplier 52

Supplier Management Supply Chain Risk Management 52

ivalua

MARCH 1, 2019

Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurement innovation is going to require strong leadership and expert guidance. BUT, technology is only there to empower innovators through their paradigm shift. Here are the key takeaways. Sounds great doesn’t it?

Procurement 45

Procurement Supplier Innovation Chief Procurement Officer 45

ivalua

NOVEMBER 29, 2022

Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Inflation Metrics. Delivering Better Visibility Across Suppliers.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

GSA is also looking to reduce PALT through oral and video presentations for technical evaluations. The overall improvement in grades can be primarily attributed to major improvements in the Chief Information Officer (CIO) investment evaluation and cloud computing categories. The training covers ten innovative procurement techniques.

E-procurement 52

E-procurement Procurement Price Buyers 52

ivalua

NOVEMBER 29, 2021

For a sourcing professional who may be primarily evaluated by savings and avoidance, ESG can be seen as cumbersome or a competing workstream. This lets the procurement team focus on improving the supply base instead of managing a scoring model. .

Supplier 52

Supplier Sustainability Data Integration 52

Bonfire

MARCH 24, 2022

I don’t envy the evaluators who had to manually sift through thousands of pages. It would be months before we got the results and by then we had turned down several opportunities to avoid overextending our team. In that time, we’ve never stopped evolving to respond to the changing landscape of public procurement. What’s next?

Eprocurement 52

Eprocurement Public Procurement Procurement Procurement Team 52

FedScoop

DECEMBER 19, 2024

Reassessing hardware: The engine of AI innovation Planning for an AI future requires a fundamental rethinking of data processing hardware. In all likelihood, AI workloads will become the principal workload driving government operations by 2030.

Total Cost of Ownership 102

Total Cost of Ownership Public Private Partnership Cost of Ownership Demand 102

Tracker Intelligence

NOVEMBER 29, 2024

By addressing these challenges, procurement teams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.

Public Procurement 52

Public Procurement Efficiency Procurement Bid Rigging 52

Tracker Intelligence

MARCH 12, 2025

The MEAT (Most Economically Advantageous Tender) criteria reward valuequality, innovation, and impact. Follow The Evaluation Criteria Like A Cheat Sheet Every tender has a scoring systemyour job is to align with it perfectly. Keep your procurement team informed and compliant. Youll need rock-solid security.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

Scottish Government Procurement

MARCH 19, 2025

As we near the one-year mark since launching the action plan, its vital that we continue to evaluate our progress and establish ways to share insights and progress. Which are oversight and communications, policy in practice and systems and tools. The number of supported businesses has increased during the year from 16 to 23.

Procurement 57

Procurement Public Procurement Sustainability Collaboration 57

The Coalition for Government Procurement

DECEMBER 19, 2024

Her commitment to balanced and thoughtful acquisition policy has set a standard for integrity and innovation in Federal procurement, and her transparent approach has fostered trust and collaboration among industry partners and stakeholders. vision for AI adoption, innovation, and governance.

Inventory 52

Inventory Procurement Data Thresholds 52