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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Indigenous Procurement – An exciting new challenge

The Procurement School

Author : Edward Claringbold Over the past three years, I have been the Procurement Lead for the First Nation Procurement Policy at my organisation. In late 2020, we took a bold step into the unknown by releasing the First Nation Procurement Policy, [1]which was collaboratively designed and written with our First Nation Partners.

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Ivalua Study: Tech Challenges Hinder Procurement

ivalua

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. With the complex nature of government tech investments, Cunningham says it’s important to have a well-rounded buying team to help assess and justify the investment. What about cooperative contracts?

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86% of UK businesses face barriers developing digital skills in procurement

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

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Finding the 2nd Right Answer: The Planning Phase of Procurement

The Procurement School

What we did last month to run a competitive process or prepare for a procurement is likely going to be how we approach our next. Looking at an example from the last decade, when did procurement realize what it didn’t know? Looking at an example from the last decade, when did procurement realize what it didn’t know?

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.