ivalua

JULY 21, 2020

The Hackett Group study, “ Strengthening the Procurement-IT Partnership Elevating performance and accelerating value ”, July 2020 is one of a series of great reports which seek to provide guidance on what Procurement teams are doing well and on how they can improve. Blending of IT and procurement teams.

Procurement Team 52

Procurement Team Collaboration Procurement IT 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

Ethics 52

Ethics Import Procurement Supply Chain 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

The Procurement School

AUGUST 11, 2023

The latter groups have a strong influence on the priorities to be realized and the time frames for their delivery. Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well. This would be reported as: 2,500,000 / 500,000 = 5X.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Attack GNFR Spend. About half of U.S.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

DECEMBER 8, 2020

As organizations look beyond the panic and shocks created by Covid-19, procurement leaders must show that they can contribute to restoring growth and supporting a broader list of objectives. The reality is that too few procurement teams have experience here. A core goal of Ivalua’s in 2021 is to help more leaders do so.

Procurement 52

Procurement Supplier Price Leadership 52

The Procurement School

APRIL 17, 2023

Author: Larry Berglund The anchoring effect in decisions can be a self-limiting influence. What we did last month to run a competitive process or prepare for a procurement is likely going to be how we approach our next. per m² has a strong influence on any other price we see-higher or lower. The price of carpet @ $10.00

Procurement 52

Procurement Inventory Competitive Bidding Influencing 52