ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

Tendersinfo

APRIL 8, 2021

The factors on which tenders are evaluated in MEAT assessment are Quality Cost-effectiveness approach Technology Aesthetic and functional characteristics Accessibility Social characteristics Environmental characteristics Innovative characteristics After-sales service and technical assistance Delivery date, process, and period.

Procurement Team 52

Procurement Team Evaluation Tender Procurement 52

How to Crack a Nut

JANUARY 13, 2025

The plan sets out the following: Pilot - rapidly developing prototypes or fast light-touch procurement to spin up pilots in high-impact areas, robust evaluation and publishing results. Innovative AI suppliers from the UK and around the world should be engaged to support demand and encourage investment. performance evaluations).

Procurement 64

Procurement Tender Supplier Innovation 64

Procureware

NOVEMBER 16, 2017

As a procurement manager, you know how important suppliers are to your organization. Their performance is crucial to achieving your financial, performance and quality objectives, and a poor supplier creates risks for everything from budget overruns to missed schedules and liability lawsuits.

Evaluation 40

Evaluation Networking E-procurement Supplier 40

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Supplier 52

Supplier Accountability Eprocurement Supply Chain 52

ivalua

NOVEMBER 26, 2020

However, during the pandemic, these concepts have “hamstrung” many organizations causing them to re-evaluate many of these strategies. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. .

Supply Chain 105

Supply Chain Supplier Risk Management Inventory 105

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua. 212-239-8594.

Supplier 52

Supplier Management Supply Chain Media 52

ivalua

SEPTEMBER 8, 2022

Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. When suppliers are treated as partners, they can be a huge asset in times of trouble. Ivalua Supplier Risk and Performance Management Checklist.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

JULY 28, 2020

Covid-19 amplifies the need for SRPM solutions to better manage suppliers. in “The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” The report evaluated the 10 SRPM vendors Forrester believed to be most relevant to its enterprise clients. Recent events have amplified the need.”.

Supplier 10

Supplier Management Ethics Data 10

ivalua

MARCH 13, 2019

This involves the perspectives of immediate stakeholders, agency leads and the general public, but it also includes the perspectives of suppliers participating in solicitations or seeking opportunities to work with the government. One of the worst possible side effects of a solicitation is when a supplier protests the award decision.

Supplier 40

Supplier Transparency Procurement Purchasing 40

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

ivalua

JUNE 11, 2021

Companies are being pressured on all sides to commit to Net Zero and CPOs should build their Net Zero goals by evaluating sustainability metrics into all aspects of their procurement decisions and processes. Now is the time to act, and to engage your supply chain on this important global issue. Sounds interesting? Sign up HERE.

Supplier 52

Supplier Sustainability Supply Chain Procurement 52

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Oxford College of Procurement and Supply

AUGUST 19, 2024

As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supply chain. Any supplier within our chain should be performing positively in relation to these areas if they wish to remain on an approved supplier database. Is the supplier accredited with ISO 14001?

Supply Chain 59

Supply Chain Ethics Buyers Supplier 59

ivalua

FEBRUARY 10, 2020

This mapping should include evaluating those key tier 2 and tier 3 suppliers as well as key logistics hubs that could be impacted. . Are suppliers struggling financially without access to the Chinese markets, jeopardizing their viability? .

Risk Management 40

Risk Management Supplier Supply Chain Management 40

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier.

Supplier 40

Supplier Data Management Procurement 40

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data Quality & Management in Decision Making. Supplier Data Quality & Management in Decision Making.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

The Procurement ClassRoom

JUNE 2, 2024

These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works. Qualification and Evaluation Criteria : They outline the minimum qualifications needed and the criteria for bid evaluation and recommendation.

Public Procurement 91

Public Procurement Bidding Procurement Bidder 91

Government Contracts Legal Forum

JUNE 20, 2024

This decision serves as a reminder of the importance of clear communication during performance and that the Christian doctrine may be considered on a case-by-case basis when evaluating the applicability of clauses that the contract does not expressly incorporate.

Supplier 52

Supplier Contract Demand Negotiation 52

ivalua

DECEMBER 15, 2022

Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

Procurement 98

Procurement IT Automotive Supply Chain 98

Tracker Intelligence

NOVEMBER 4, 2024

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. Tracker Intelligence provides businesses with the tools to find the right public procurement frameworks , and the insight to help suppliers win these valuable contracts.

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52

Open Contracting Partnership

SEPTEMBER 25, 2024

It also noted that recognizing popular private-sector certifications, such as the renewable energy initiative RE100 , could further incentivize suppliers. KIP’s analysis revealed low use of procurement methods that apply life-cycle cost evaluations.

Green Public Procurement 78

Green Public Procurement Public Procurement Procurement IT 78

Oxford College of Procurement and Supply

JANUARY 9, 2024

How to Apply Cost vs Price Theory to Procurement When making purchases to fulfil business needs, we should consider all associated expenses of a product or service to ensure we are evaluating cost and not price. Lower costs of procurement ensure better value for money is achieved.

Price 59

Price Supplier Quality Procurement 59

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

AUGUST 2, 2019

The report evaluated full-suite procure-to-pay solutions from 13 different software vendors across a broad set of criteria reflecting ‘ability to execute’ and ‘completeness of vision.’ Ivalua’s placement was particularly dominant on the ability to execute axis, which is heavily weighted by customer evaluations.

Supplier 55

Supplier Evaluation Procurement Price 55

How to Crack a Nut

JULY 1, 2024

This guest post by Saema Jaffer* explores the policy approaches that can be followed in the UK, and elsewhere, in relation to the use of AI in the writing and evaluation of tender documents. I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I says a buyer.

Bidder 52

Bidder Tender Buyers Bidding 52

Bonfire

APRIL 3, 2023

Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

Tendersinfo

MARCH 24, 2021

Procurement Implementation- It includes activities related to the acquisition, selection of suppliers, contract award, and other activities of contract administration. Procurement Evaluation- The final phase includes activities like Audit, Evaluation, Contract Award, and Feedback.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

ivalua

AUGUST 14, 2019

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. of suppliers were enabled in 2019 v. Sourced addressable spend and supplier enablement saw modest one-year gains between 8-10%.

Supplier 67

Supplier Procurement Evaluation Electronics 67

Federal News Network

FEBRUARY 29, 2024

The court’s ruling forced GSA to rethink the solicitation for OASIS+ and bring price back as an evaluation factor at the main contract level. But when GSA tried to apply the authority to its OASIS+ vehicle for services, a vendor protested and the Court of Federal Claims rules GSA’s interpretation of 876 went too far.

Contract 118

Contract Price Evaluation Bidding 118

How to Crack a Nut

OCTOBER 18, 2023

SCL AI Clauses The SCL AI clauses have a clear commercial orientation and are meant as a starting point for supplier-customer negotiations, which is reflected on the fact that the proposed clauses contain two options: (1) a ‘pro-supplier’ drafting based on off-the-shelf provision, and (2) a ‘pro-customer’ drafting based on a bespoke arrangement.

Supplier 75

Supplier Transparency Negotiation Procurement 75

ivalua

SEPTEMBER 8, 2015

Becoming “one” with an expanded ecosystem of suppliers. The business challenges here are an increasing dependency on supply partners and determining how to maximize the value of those supplier relationships. Examples: managing supplier performance and using supplier-enabled innovation to create a competitive advantage.

Procurement 59

Procurement Supplier Procurement Team Innovation 59

ivalua

APRIL 30, 2019

Digital transformation often fails because of an inability to onboard suppliers and poor user adoption. The primary reasons for switching are poor levels of supplier onboarding (30%) and poor user adoption (27%). Our platform helps organisations overcome obstacles like poor supplier onboarding and low user adoption.

Procurement 12

Procurement Supply Chain Supplier Finance 12

Oxford College of Procurement and Supply

JANUARY 14, 2025

But how do you determine whether your suppliers are truly offering the best value? The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. Enhances competitiveness Ensures organisations stay ahead in supplier negotiations. The answer lies in benchmarking.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

Tracker Intelligence

FEBRUARY 22, 2025

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.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Scottish Government Procurement

MARCH 7, 2024

A short video drawing out the key changes to the guidance is available here – Fair Work First – Update Video The Supplier Development Programme (SDP) provides free support in tendering to Scottish-based SMEs, supported businesses and third sector organisations through free training and events.

Procurement 76

Procurement Tender Public Procurement Sustainability 76

ivalua

MAY 7, 2019

Top of the list is supplier adoption. But that goes hand in hand with supplier adoption. If your suppliers aren’t onboarded, users can’t find what they need and have an excuse to go around your system. Intermediate departments struggled with supplier adoption, user adoption and data quality.

Supplier 58

Supplier Capacity Integration Integrity 58