ivalua

MARCH 16, 2022

The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world. Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). . Procurement Priorities.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Governmental support will also be an important factor. Why did MENA organizations react with such urgency?

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. 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 Manufacturing Supplier Procurement Team 52

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Navistar had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 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

JULY 13, 2022

Michelin Group’s Hélène Vermont joined the discussion to share how applying these practices has propelled her procurement team to emerge as a leader in sustainability a nd Corporate Social Responsibility. Additionally, after proper risk assessments, we can then set up remediation projects to tackle these areas and address the risks.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

MAY 1, 2020

Others may still be applied to help businesses better manage the effects of the crisis. Balance Procurement Objectives. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

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

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. PwC defines six stages, from “beginner” all the way to “Procurement 4.0.”

Risk Management 52

Risk Management Supply Chain Procurement Management 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