Oxford College of Procurement and Supply

OCTOBER 25, 2024

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.

Supplier 52

Supplier Supply Chain Ethics Sustainability 52

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. It does not tell us much about the suppliers.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

Oxford College of Procurement and Supply

AUGUST 23, 2023

In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. Strategic sourcing assesses all the costs of a company’s operations and considers what value suppliers can bring. Why is strategic sourcing important? What is strategic sourcing? cost, products, legal terms, delivery etc.).

Strategic Sourcing 52

Strategic Sourcing Import Total Cost of Ownership IT 52

The Procurement ClassRoom

MAY 11, 2024

This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency). It aims to achieve best value for money by balancing life-cycle costs and quality to meet user needs beyond just the lowest initial price.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

ivalua

JANUARY 27, 2021

27, 2021 /PRNewswire/ — Ivalua, a global leader in Cloud Spend Management solutions, and the International Association for Data Quality, Governance and Analytics (IADQGA) today announced a partnership to improve the use of data in procurement and supply chain decisions. REDWOOD CITY, Calif.,

Quality 52

Quality Supply Chain Data Procurement 52

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua. 212-239-8594.

Supplier 52

Supplier Management Supply Chain Media 52

Open Contracting Partnership

OCTOBER 11, 2023

We designed a data analysis project to show how public open datasets can be used to uncover important issues and bring public attention to who is supplying what, for how much and whether there are any links between suppliers and high-ranking public officials.

Data 123

Data Corruption Supplier Public Procurement 123

Inter-American Development Bank

OCTOBER 31, 2024

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

GovCon Chamber of Commerce

AUGUST 5, 2024

Register in the HHS Vendor Supplier Portal to rise above your competition. The HHS Vendor Supplier Portal HHS awards approximately $30B to government contractors but there are 12 Operating Divisions in HHS and e ach procures their own goods and services independently. Go to SBCX Registration and Click ' Register ' in the top menu.

Government 111

Government Government E-procurement Buyers 111

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Supplier 52

Supplier Accountability Eprocurement Supply Chain 52

ivalua

OCTOBER 7, 2015

From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on. What is ABC2 for supplier segmentation?

Supplier 40

Supplier Supply Chain Manufacturing Import 40

ivalua

MARCH 16, 2020

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. The goal was to increase efficiency across the Group’s Business Areas.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

GovSpend

FEBRUARY 29, 2024

Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time. Verifying Vendors for Credibility and Reliability: The first topic covered was the crucial process of vendor verification.

Procurement 105

Procurement Purchasing Price Bidding 105

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

OCTOBER 28, 2015

Suppliers have never been more important. As a result, your suppliers now have a very significant impact on the price and quality of your products, your company’s reputation and ability to innovate, and even the success of the new offerings your company introduces into the marketplace. See below for examples.

Supplier 40

Supplier Total Cost of Ownership Supply Chain Cost of Ownership 40

ivalua

MAY 30, 2023

It is an important part of the decision-making process and requires careful consideration of a wide range of factors, such as cost, quality, reliability, and delivery times. When you work with local experts and access nearby resources, you can ensure top-quality products.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data Quality & Management in Decision Making. Managing a complex network of direct material suppliers.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

How to Crack a Nut

JANUARY 13, 2025

Moreover, under current guidance on Intellectual Property Rights (IPR), the preferred option is to leave IPR under supplier ownership where the creation of any New IP created cannot easily be separated from the (Suppliers) Existing IP. quality), requirements, and best practice (e.g. 41 PA23 and Sch.5 performance evaluations).

Procurement 64

Procurement Tender Supplier Innovation 64

ivalua

DECEMBER 5, 2019

Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. The research , conducted by Vanson Bourne on behalf of Ivalua, found that 60% of UK businesses say they consider the role of suppliers important when it comes to driving innovation.

Supplier 9

Supplier Innovation Collaboration Supply Chain 9

Oxford College of Procurement and Supply

MAY 28, 2024

As procurement professionals we spend a lot of time categorising our products, services and suppliers. But do we take enough time in understanding how our suppliers see us? By using the Supplier Preferencing Matrix we can start to understand where we fit in the suppliers’ opinions.

Supplier 59

Supplier Supply Chain Procurement Accountability 59

Open Contracting Partnership

MARCH 28, 2024

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. Access to technical expertise Problem: Lack of specific technical expertise for informed choices within government.

Procurement 138

Procurement Framework Agreement IT Public Private Partnership 138

Scottish Government Procurement

FEBRUARY 1, 2024

‘Participation’ describes how people get involved in decisions which affect or are important to them. It is anticipated that the appointed suppliers will be both organisations operating at a national level and those working within specific communities.

Framework Agreement 76

Framework Agreement Participation Supplier Public Procurement 76

Open Contracting Partnership

APRIL 1, 2024

Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc). They check the availability and quality of constructed bike lanes, particularly in major metropolitan areas using OpenStreetMaps regularly updated via crowdsourcing.

Budget 136

Budget Transportation Transportation Bidder 136

Oxford College of Procurement and Supply

JANUARY 9, 2024

We need to consider quality, lead time, supplier reputation, warranty, maintenance, operational expenses, carriage, insurance, and many more aspects. In summary, evaluate all your suppliers’ quotations against the key areas of importance to your business such as quality, efficiency, or durability.

Price 59

Price Supplier Quality Procurement 59

Open Contracting Partnership

MARCH 8, 2024

When given opportunities, these businesses excel in delivering quality and innovation. For instance, women producers in Palmira are suppliers for the school meals program and other food provision services. Construction continues to be the second most important industry, and office supplies took the place of food sales.

Government Contracts 80

Government Contracts Leadership Government Government 80

How to Crack a Nut

OCTOBER 18, 2023

SCL AI Clauses The SCL AI clauses have a clear commercial orientation and are meant as a starting point for supplier-customer negotiations, which is reflected on the fact that the proposed clauses contain two options: (1) a ‘pro-supplier’ drafting based on off-the-shelf provision, and (2) a ‘pro-customer’ drafting based on a bespoke arrangement.

Supplier 75

Supplier Transparency Negotiation Procurement 75

ivalua

OCTOBER 18, 2022

While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible. Below, Improve Data Quality. Improve Data Quality. Leaders who delay taking the necessary actions will increasingly find their organizations at a competitive disadvantage.

Transparency 52

Transparency Supply Chain Data Procurement 52

The Procurement ClassRoom

JUNE 2, 2024

These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works. Quality Requirements : They describe the quality and specifications of the goods , services , or works required.

Public Procurement 91

Public Procurement Bidding Procurement Bidder 91

Tendersinfo

MARCH 24, 2021

The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful. Procurement Implementation- It includes activities related to the acquisition, selection of suppliers, contract award, and other activities of contract administration.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

Tracker Intelligence

NOVEMBER 4, 2024

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability.

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. The results show businesses face several hurdles when implementing sustainability initiatives, with 93% claiming it is challenging to gain visibility into suppliers to track the environmental impact of their supply chain.

Sustainability 52

Sustainability Supply Chain Supplier Quality 52

Select GCR

JULY 9, 2024

In the business and governmental sectors, Request for Information (RFI) notices are commonly used to gather detailed information from potential suppliers, contractors, or service providers. Providing clear and concise introductory information helps suppliers understand the context of the RFI.

Quality 52

Quality Supplier Evaluation Quality Management 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. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

AUGUST 11, 2021

This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. . Why is it Important? This includes understanding who their suppliers are, how they do business and what standards they operate by. Does Responsible Sourcing Pay?

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52