ivalua

APRIL 23, 2021

At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation.

Collaboration 52

Collaboration Automotive Supplier Procurement Team 52

ivalua

SEPTEMBER 24, 2020

“Over the last decade, the role of procurement has transformed from one of cost-cutter to a vital ally that can help inform and enable a business’s strategy. However, for too long, procurement has been seen as a digital laggard, with technology adoption trailing behind other departments. About the study.

Procurement 12

Procurement Supply Chain Procurement Team Finance 12

ivalua

MAY 9, 2023

Norway and Public Procurement Adoption One interesting observation to note–several private companies in Norway have adopted the public procurement methodology, not out of necessity, but because it makes sense.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

NOVEMBER 7, 2019

Enhancements enable manufacturers to launch more profitable, successful products. Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products.

Innovation 9

Innovation Management Quality Automotive 9

ivalua

AUGUST 29, 2019

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. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. please visit: [link]. About the study.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

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

American City & Country

AUGUST 28, 2024

As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals. This factor might be included as an important score in the overall evaluation rating scale.

Purchasing 97

Purchasing Sustainability E-procurement Procurement 97

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

DECEMBER 14, 2020

Access to this data is especially important when there are supply chain disruptions , such as those caused by the global pandemic. Just-in-time demand signals can be triggered at the manufacturing plant using Internet of Things (IoT) devices to put re-orders into motion or alert teams of late deliveries.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

APRIL 17, 2023

Scalability Scalability is another important consideration when choosing a procurement software solution. Procurement processes shouldn’t be considered set in stone. At Ivalua, we understand the importance of having a single source of truth for your data. Can the software grow with you as your needs change?

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

SEPTEMBER 13, 2021

We believe the study has reinforced the importance of CSR to business results and how much further most businesses have to go. Survey participants included decision-makers in procurement in various industries, including CPG, finance, telecommunications, technology, and manufacturing/ automotive.

Consulting 52

Consulting Supply Chain Automotive Supplier 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ Does PO-flip or No PO-No Pay help this?

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

NOVEMBER 29, 2021

Nearly 2 out of every 3 consumers see sustainability as an important issue, and they are willing to use their influence with governments and organizations to ensure their concerns are addressed. This lets the procurement team focus on improving the supply base instead of managing a scoring model. .

Supplier 52

Supplier Sustainability Data Integration 52

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. High-Risk Supplier Rate: During the pandemic, risk was at an all-time high–testing the supply chain and underscoring the importance of tracking high-risk suppliers. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

MARCH 29, 2019

Whilst remembering those are still important aspects of the role, we need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The latter is of particular importance since second sourcing can often be very expensive in this sector.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MAY 17, 2021

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors.

Procurement 52

Procurement Supplier Procurement Team Engineering 52

ivalua

MAY 11, 2021

“Risk management has become critical, because it’s no longer just about sourcing efficiencies and cost reduction; it’s about ensuring the availability of products, and the materials needed to manufacture those products,” Dr. El-Jawahari said. . Strategic Investments Target Risk Reduction.

Risk Management 52

Risk Management Supply Chain Procurement Management 52

FedScoop

NOVEMBER 12, 2024

This could revolutionize areas like logistics, manufacturing, and even national defense, enabling faster, more precise, and more resilient operations. One reason investing now in the latest Intel chips for your on-premises computing has become especially important is all of the extensions to the silicon that we build into them.

Government 45

Government Government Demand Data 45

The Coalition for Government Procurement

SEPTEMBER 26, 2024

It does not appear that there are two small business manufacturers that can meet the agency’s requirement, so the small business rule of two cannot be met without an SBA waiver of the NMR. For manufacturers of covered drugs with a Federal Supply Schedule (FSS) contract in place with VA, the pricing update season is fast approaching.

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

SEPTEMBER 3, 2024

A sole source situation exists when specific criteria are met, emphasizing the need for thorough verification of the exclusivity of the source, especially in cases involving ‘sole brand’ or ‘sole manufacturer’ items that may have multiple distributors. This indicates the presence of competitive market alternatives.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Oxford College of Procurement and Supply

MARCH 24, 2025

Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supply chains. For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance.

Supply Chain 52

Supply Chain Export Automotive Supplier 52

The Coalition for Government Procurement

DECEMBER 19, 2024

Step 4: If you are reporting Services and receive errors on the Manufacturer Name, Manufacturer Part Number, or UPC fields: Check those fields and remove any data from them. If using the IMSG import file, use the code “SU” to identify SUP-free products. Step 3: Are you reporting Services?

Inventory 52

Inventory Procurement Data Thresholds 52