Remove Goods & Services Remove Purchasing Remove Strategic Sourcing
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The Key Pillars of Third-Party Risk Management

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This is precisely where organizations see the benefits of a TPRM program built into or working seamlessly with a Strategic Sourcing or Source-to-Pay solution. Figure 2: Critical Risk Factors for Services Organizations. How are organizations leveraging technology to infuse risk information into key decision points?

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What’s the Difference Between Direct vs Indirect Procurement?

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An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

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what is the difference between public and private sector procurement?

The Procurement School

demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a category management perspective.