American City & Country

NOVEMBER 18, 2024

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important?

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

MAY 30, 2023

Procurement and supply chain teams will play a crucial role in making this vision a reality. 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.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. The latter is of particular importance since second sourcing can often be very expensive in this sector. The post Are you a Supply Chain Visionary Vick or Laggard Larry? Time is Money. Settle no more!

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MAY 15, 2020

JLL have been rethinking their own global supply chains, even partnering to set up a whole new hand sanitiser facility when sourcing that item became difficult ! Firstly, he said, it is important to get a strong baseline or starting point so you can track progress. Rogers had no less than 10 (!)

Procurement 52

Procurement Supply Chain Strategic Sourcing Category Management 52

ivalua

AUGUST 17, 2021

Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. However, it is important to understand the differences and varying degrees of focus between direct and indirect spend in procurement and sourcing.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

DECEMBER 1, 2022

The main categories of risk are covered in Figure 1 to include supply chain, information security, location, CSR or ESG, financials, regulations, quality and reputation. This is precisely where organizations see the benefits of a TPRM program built into or working seamlessly with a Strategic Sourcing or Source-to-Pay solution.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

ivalua

APRIL 1, 2019

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. Procurement knows supplier information is useful and important, and that it needs to be cleansed and standardized after we collect it.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

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

MARCH 15, 2016

The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. It is important for everyone to make a profit and if you make it impossible to do so, suppliers will find other customers—your competition.

Supply Chain 40

Supply Chain Supplier Real-time Visibility Negotiation 40

ivalua

JANUARY 13, 2016

When incorporated into an efficient strategic sourcing process, collaboration can result in better visibility into total costs and a better negotiation position. Strategic suppliers understand that providing supply chain visibility is a much desired value, and see collaboration as an opportunity to build better relationships.

Supplier 40

Supplier Collaboration Manufacturing Finance 40

ivalua

NOVEMBER 26, 2019

The Importance of Ambition. Leaders need to be more ambitious if they are to truly establish Procurement as a source of strategic value. If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example). Just how can you do that?

Procurement 40

Procurement Supplier Automotive Strategic Sourcing 40

The Coalition for Government Procurement

SEPTEMBER 19, 2024

During the Coalition’s Cybersecurity Symposium: The Cyberside Chat last week, Stacy Bostjanick, DoD’s Chief of Industrial Base Cybersecurity, emphasized the importance of CUI training. However, a recent report from the Government Accountability Office (GAO) highlighted the importance of improving data collection in these spaces.

Price 52

Price Supply Chain Logistics Procurement 52

ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. Resiliency has always been an important business strength but naturally during times of crises, there is more focus on this. Balancing the Imbalanced. Building Resilience. Solidify A Competitive Advantage.

Supply Chain 52

Supply Chain Balance Supplier Procurement 52

The Coalition for Government Procurement

JANUARY 16, 2025

This focus on government efficiency provides an important opportunity for a holistic review of the procurement system. Army contracts: the Information Technology Enterprise Solutions 3 Services (ITES-3S) and the Responsive Strategic Sourcing for Services (RS3).

Procurement 40

Procurement Thresholds Professional Services Efficiency 40

The Coalition for Government Procurement

NOVEMBER 9, 2023

This week, the Coalition, along with other industry associations, met with OMB and the Office of Federal Procurement Policy (OFPP) to discuss a number of important topics, including the BCI. The Coalition looks forward to continuing the dialogue with OMB and OFPP on this important initiative. There is a separate open FAR case (No.

E-procurement 52

E-procurement Supply Chain Telecommunication Contract 52