ivalua
APRIL 13, 2021
Ensuring Supply Chain Agility. Analysis by McKinsey found that companies can now expect losses equal to almost 45 percent of one year’s profits over the course of a decade due to supply chain disruptions. For example, supply chains may have to be adjusted to support new company sustainability or other CSR policies.
ivalua
AUGUST 17, 2021
Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .
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American City & Country
AUGUST 28, 2024
Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs. How they carry out that duty, therefore, can affect whether they can achieve their sustainable development goals.” Sustainable Development Goal (SDG) No.
The Procurement School
SEPTEMBER 15, 2023
Needs analysis ensures an accurate understanding of the goods / services being procured. Much has been written about mandatories, but they are to be evaluated on a pass (yes) or fail (no) basis and must relate to the bidders’ ability to provide the requested goods / services.
ivalua
DECEMBER 1, 2022
The main categories of risk are covered in Figure 1 to include supply chain, information security, location, CSR or ESG, financials, regulations, quality and reputation. Clearly, some of these are more aligned to a product-oriented business versus a services one. Figure 1: Categories of Third – Party Risk.
The Procurement School
DECEMBER 19, 2022
How can government do better in this current world of supply chain issues and labour shortages? Addresses current supply chain and labour issues. A General Vendor Relationships Creating positive relationships with vendors starts before government has decided what to buy. Adjust the budget and/or scope accordingly.
The Procurement School
JANUARY 12, 2023
Author: Liz Busch Do you feel that your organization may not be strategically procuring the goods, services and construction it needs? How many vendors supply each commodity? What’s happening industry-wide that may impact the supply chain or pricing? You’re not alone!
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