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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Many organizations still rely on conventional data sources such as contracts, invoices, and audits to support their supply chain transparency initiatives.

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Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

ivalua

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. Global Media Contact.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

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.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

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? Create speed and transparency. Making processes transparent enables everyone along the supply chain to react quickly.

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Get ready for revolutionary Public Sector spend and procurement management. Ivalua is here to provide the Norwegian Public Sector with a cutting-edge solution to bolster maximum value from your financial resources, while promoting compliant and transparent operations.

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Public Procurement - New Year, New Rules

VWV

We cover the latest and upcoming changes in legislation surrounding procurement and how to ensure you are ready for the changes Just under 3 years ago the Green Paper on Transforming Public Procurement was published. Anticipated Timelines What are the steps for the Procurement Act and ancillary changes to come into force?