ivalua

FEBRUARY 8, 2023

Why is visibility so important? Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Set expectations with suppliers.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Bonfire

MARCH 29, 2022

Crown corporations purchase a variety of goods and services, from professional services to technology to general goods. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. The end goal is to drive purchase prices down for the buyer.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

Tracker Intelligence

MARCH 16, 2025

Understanding Public Procurement in the UK The process by which public sector organisations purchase products, services, and labour is known as public procurement. Procurement laws in the United Kingdom are intended to guarantee value for money, competition, and transparency.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

ivalua

MAY 9, 2023

Prior to his time at Ivalua, Jarrod held various roles in category and supplier management—including strategic sourcing and procurement team management where he led teams to implement shared service procurement models and Source-to-Pay systems.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

APRIL 11, 2022

Implementation of the project was led by Optis’ expert consulting team with support from Ivalua professional services, allowing TELUS to streamline their procurement processes through a simplified system that manages spend, ensures compliance, provides a rich catalog of products and services, and creates a full digital record of purchases. “We

Procurement 52

Procurement IT Buying Process Consulting 52

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.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

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

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Why is modernizing these processes and tools so important? . A Path Forward.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

ivalua

AUGUST 17, 2021

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. Both are essential to the success of every business.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

OCTOBER 13, 2022

A new report, “Data-Enabled Supply Chain Transparency” has revealed that 77% of respondents indicated their organization considers supply chain transparency to be critically or highly important. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

JULY 13, 2022

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets. ESG Objectives for Buyers.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

Scottish Government Procurement

SEPTEMBER 25, 2024

And then in August, Mr McKee, the Minister for Public Finance, visited Dovetail Enterprises to hear about the important role supported businesses continue to play in boosting the Scottish economy through delivering goods and services, and providing meaningful employment, training and support, for those of us who may otherwise be excluded.

Procurement 57

Procurement Buyers Public Procurement Supplier 57

Bonfire

APRIL 3, 2023

No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together. Purpose-built procurement software provides a platform for collaboration, helping procurement teams achieve better and faster results.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

ivalua

NOVEMBER 18, 2020

For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supply chains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .

Supply Chain 52

Supply Chain Supplier Collaboration Procurement 52

ivalua

DECEMBER 14, 2020

“Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said. Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos. “As

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

SEPTEMBER 22, 2022

You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier. The most fundamental element to effective decision making, whether regarding risk or other factors such as performance and cost, is having a complete view of suppliers.

Supply Chain 52

Supply Chain Supplier Collaboration Data 52

ivalua

APRIL 17, 2023

Let Ivalua help make orchestrating all these puzzle pieces easier so you can get back to driving real ROI through sophisticated purchasing strategies. Scalability Scalability is another important consideration when choosing a procurement software solution. Procurement processes shouldn’t be considered set in stone.

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

NOVEMBER 29, 2022

Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Risk Metrics. Other benefits include improved quality and lower risk.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

APRIL 5, 2019

So, what should “speed” mean for Procurement leaders, and why is it so important for us today, as well as for Ferrari and McLaren? . The days of taking days or weeks for the purchasing team to process a requisition or purchase order are long-gone in most organisations, thank goodness.

Procurement 40

Procurement Supplier Supply Chain Collaboration 40

The Procurement School

MARCH 22, 2024

As someone who has always approached procurement with an academic mindset, I have relied on procurement training and online courses to advance my understanding of procurement. The intent was more important than the words on the page. This shift prompted a change in approach.

Procurement 52

Procurement Public Procurement Collaboration Ethics 52

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Procurement 52

Procurement Supplier Collaboration Price 52

Tracker Intelligence

DECEMBER 16, 2024

This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Role of Technology in Promoting Competition The role of technology in fostering a competitive procurement landscape cannot be understated.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

The Procurement School

SEPTEMBER 15, 2023

It is important that key subject matter experts (SMEs) are involved with the planning of the project. Effective project governance establishes who will be on the team and clearly outlines roles and responsibilities. Tools like the RACI chart, often used by procurement consultants , are invaluable in this phase.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

Tracker Intelligence

FEBRUARY 16, 2025

The all-encompassing approach guarantees that procurement choices will benefit both immediate public needs and long-term social advantages. Meanwhile, private-sector procurement is driven by business aims and profit. The procurement process in the private sector is flexible and can be tailored to the specific needs of the company.

Procurement 52

Procurement Tender Public Procurement Supplier 52

ivalua

OCTOBER 1, 2019

Why is this important? . For those companies, like Ivalua ,that develop a software solution for the Procurement Departments of large groups, paying attention to the user experience means ensuring better adoption of our software and, in the end, an increased compliance with procurement policy for our customers.

Procurement 40

Procurement E-catalogue E-procurement Supplier 40

The Coalition for Government Procurement

SEPTEMBER 26, 2024

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training.

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 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

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. To progress along your digital transformation journey, it’s important to understand your level of digital maturity.

Risk Management 52

Risk Management Supply Chain Procurement Management 52

Bonfire

MARCH 24, 2022

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. What’s next? Celebrating our clients.

Eprocurement 52

Eprocurement Public Procurement Procurement Procurement Team 52

Kluwer Arbitration

FEBRUARY 22, 2024

The only real exception, Nilo continued, is in strategic purchases where only one supplier exists, such as for weapons and vaccines. Procurement teams of large oil companies need to realise that service providers are not willing to absorb all the risks, Igor Oliveira explained. This may act as an additional barrier to entry.

Negotiation 52

Negotiation Public Private Partnership Insurance Procurement Team 52

Scottish Government Procurement

MARCH 19, 2025

And as always, procurement will have an important contribution to make. We also introduced a new Scottish Procurement Policy Note covering changes to the Scottish procurement legislation, reflecting updates at various International Trade Agreements and to fulfil some of our international obligations.

Procurement 57

Procurement Public Procurement Sustainability Collaboration 57

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

This new SUP free packaging icon was created so contracting officers can easily identify and procure the SUP free products they need to meet their agencys environmental preferable purchasing goals consistent with FAR Part 23. If using the IMSG import file, use the code “SU” to identify SUP-free products.

Inventory 52

Inventory Procurement Data Thresholds 52