ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement’s value became evident, as did the importance of the supplier relationships they had built.

Procurement 52

Procurement Supply Chain Influencing Chief Procurement Officer 52

ivalua

FEBRUARY 24, 2021

“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Once we have the data, we have to continue to refresh it and engage with it, and that’s where analytical skills come in, Sawchcuk added. “For

Supply Chain 64

Supply Chain Procurement Sustainability Supplier 64

Select GCR

JANUARY 14, 2025

Enhancing visibility through public lists and participation in networking events further fosters valuable connections, helping certified businesses expand their reach and influence. The following subsections will explore these benefits in greater detail.

Supply Chain 52

Supply Chain Government Contracts Contract Participation 52

ivalua

JUNE 28, 2022

By connecting with C2FO’s network, the partnership will enable Ivalua customers to more intelligently control and manage cash flows, driving growth and better supporting their suppliers. Early payments are a powerful liquidity tool that allows suppliers to be paid before terms. About C2FO. C2FO is working capital, working for everyone.

Supplier 52

Supplier Finance Influencing Accountability 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

In addition, it can also damage supplier relationships and hinder the efficacy of the company’s procurement practices. A company in this position may struggle to attract new suppliers or gain incentives or loyalty discounts from existing ones as other businesses won’t want to associate with them.

Ethics 52

Ethics Import Procurement Supply Chain 52

Tracker Intelligence

MARCH 16, 2025

These players administer public contracts, establish procurement regulations, and influence the procurement environment. Understanding these changes, as well as the responsibilities of contracting bodies, can help suppliers compete in public procurement.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

Tracker Intelligence

FEBRUARY 22, 2025

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Select GCR

APRIL 30, 2024

Incentives for Small Business Participating in The WOSB federal contract program from the small business administration provides initiatives that promote women’s economic empowerment allows WOSBs to amplify their voices and influence within their industries and beyond.

Networking 98

Networking Government Contracts Supplier Contract 98

ivalua

JULY 13, 2022

ESG initiatives give the opportunity for businesses to grow, remain competitive, and innovate with new suppliers, but they also add a layer of complexity to procurement processes. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

Inside Government Contracts

OCTOBER 26, 2023

federal contractors and suppliers). In broad stokes, the FASC regulations outline the procedural approach that civilian, defense, and intelligence agencies need to follow in order to make determinations relating to “Covered Articles” (i.e., products and services) and “Covered Sources” (i.e.,

Supply Chain 147

Supply Chain Contract Government Government 147

ivalua

OCTOBER 8, 2021

Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Disrupted supply chains had many retailers looking for alternative local suppliers for equipment, materials, supplies, and more. . Rethink What’s Normal. Attack GNFR Spend.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

FEBRUARY 4, 2020

In another recent report, Gartner predicted that by 2023, organizations that don’t really tackle the issue of supplier master data management will very likely have the wrong information for half of their suppliers. Provide an enterprise view of clear, comprehensive and accurate supplier information.

Supply Chain 52

Supply Chain Data Quality Supplier 52

ivalua

NOVEMBER 12, 2019

Winners were selected by an independent panel of industry leaders and influencers. The Future of Sourcing Awards program, which took place Wednesday, October 16, 2019 , recognized companies and individuals that are transforming, innovating and leading the sourcing, procurement and outsourcing industry.

Procurement 60

Procurement Chief Procurement Officer Transparency Innovation 60

How to Crack a Nut

MARCH 26, 2024

Where AI is likely to be used in the delivery of a service, commercial teams may wish to require suppliers to declare this, and provide further details. It recognises that there ‘are potential benefits to suppliers using AI to develop their bids, enabling them to bid for a greater number of public contracts.

Tender 72

Tender Contract Bidding Supplier 72

The Procurement School

AUGUST 21, 2024

Factors which influence outsourcing: Smaller public entities, in terms of budgets, typically do not fund staffing resources for procurement. Operating supplies and equipment, which are available through a number of suppliers, lend themselves to being under multi-year contracts. Outsourcing is getting attention.

Procurement 52

Procurement Competitive Bidding Public Procurement Supplier 52

ivalua

MARCH 1, 2019

Welcome to the new age of Procurement where we are ideally positioned to influence not only cost control measures but also to embrace top line growth ambitions and to drive innovation, powered by digitization. We won’t force you to choose either supplier management, or source to contract, or procure to pay. Sounds great doesn’t it?

Procurement 45

Procurement Supplier Innovation Chief Procurement Officer 45

Kluwer Arbitration

AUGUST 9, 2024

Where contracts contain arbitration agreements, parties ( e.g. , suppliers and demanders) may litigate their disputes over non-compliance with ESG-provisions before an arbitral tribunal. They noted that VR and AR can be costly, complex, and raise questions of confidentiality, reliability, and influence.

Finance 98

Finance Transparency Demand Sustainability 98

ivalua

DECEMBER 8, 2020

Dankse Bank accelerated supplier payments to help small businesses stay liquid. To both confirm the right opportunities and then execute against them, procurement must expand that engagement and its influence to other parts of the business. Honeywell successfully shifted production to N95 masks, helping keep healthcare workers safe.

Procurement 52

Procurement Supplier Price Leadership 52

ivalua

MAY 30, 2022

Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises. Leveraging Technology to Transform The Supply Chain.

Supply Chain 52

Supply Chain End to End Transparency Logistics 52

ivalua

MARCH 28, 2019

capturing and exploiting innovation from supply markets and individual suppliers becoming a top priority for organisations and therefore procurement functions. capturing and exploiting innovation from supply markets and individual suppliers becoming a top priority for organisations and therefore procurement functions.

Procurement 66

Procurement Supply Chain Category Management Innovation 66

ivalua

OCTOBER 29, 2019

This may include posters with project progress, presentations, and the mobilization of internal influencers. Each process or system that is transitioned needs to be managed independently to minimize the impact to suppliers and preserve the integrity of centralized data. Change Management. Preserve Processes and Extract Data ASAP.

Eprocurement 40

Eprocurement Change Management Influencing Procurement 40

Bonfire

NOVEMBER 25, 2021

By eliminating vendor paywalls, you lower barriers to entry and encourage more diverse suppliers to participate. I would worry that, if I wasn’t party to that, I might have less ability to influence that.”. Having ownership gives you more control over the platform. Owner-paid eProcurement fosters healthy relationships.

Eprocurement 52

Eprocurement Bidder Bidding Influencing 52

The Procurement School

APRIL 17, 2023

Author: Larry Berglund The anchoring effect in decisions can be a self-limiting influence. per m² has a strong influence on any other price we see-higher or lower. Alternatively, bring in external advisors or suppliers to look at status quo problems. Our awareness of past practices has a large affect on our future decisions.

Procurement 52

Procurement Inventory Competitive Bidding Influencing 52

ivalua

MAY 15, 2022

These complexities are compounded by their multiple brands, markets, business models, and the different types of suppliers across varied requirements, laws, regulations, tax rates, and tax calculation methods. One Tool, Many Challenges. One of the most important aspects of a business’ success is making the right purchasing decisions.

Finance 52

Finance Procurement Purchasing Supply Chain 52

ivalua

MAY 15, 2022

These complexities are compounded by their multiple brands, markets, business models, and the different types of suppliers across varied requirements, laws, regulations, tax rates, and tax calculation methods. One Tool, Many Challenges. One of the most important aspects of a business’ success is making the right purchasing decisions.

Finance 52

Finance Procurement Supply Chain Purchasing 52

The Coalition for Government Procurement

SEPTEMBER 6, 2024

However, implementation of the final rule will be heavily influenced by opaque trainings and internal policy memos. Furthermore, divergences between EPA approval timelines unfairly impacted the MAS suppliers who faced longer wait times to receive pricing relief. The Final Rule only included minor formatting changes.

Price 49

Price Negotiation Transparency Utilities 49

Open Contracting Partnership

JULY 5, 2023

For example, after TenderNed noticed a high percentage of contracting procedures in the database had unrealistic award values, they activated their “team of e-procurement influencers” – external e-procurement experts with a large follower base. They used the data to address specific agencies, and posted about it on LinkedIn.

Data 52

Data Tender Procurement E-procurement 52

How to Crack a Nut

OCTOBER 3, 2024

So far, AI has already obtained credible influence in the way public procurement tenders can be drafted and submitted. This in itself has led to inter alia an increase in costs by supplier and Government alike, significant delays, and further discontent in national project delays.

Public Procurement 59

Public Procurement Procurement Tender Evaluation 59

ivalua

NOVEMBER 26, 2019

Global automotive component supplier Meritor is a great example. They configured a unique approach to new product introductions (NPI), digitizing their engagement with suppliers, resulting in bringing more products to market faster and with greater profitability, multiplying their stock price over the period.

Procurement 40

Procurement Supplier Automotive Strategic Sourcing 40

Open Contracting Partnership

JULY 31, 2023

Results : About a year after the launch of the new strategies, vendor registration has tripled, with local businesses representing 21% of their suppliers, with 9% women-owned, and 6% minority-owned businesses (from 373 to 1113 registered vendors, as of 20 June). We want to build and influence these practices through our own contracting power.”

Procurement 52

Procurement Sustainability IT E-procurement 52

Select GCR

JUNE 18, 2024

This defensive shield extends to suppliers as well, making DFARS compliance essential for all entities involved in government or defense-related contracts. Cybersecurity Regulations and the National Institute Standards The influence of NIST SP 800-171 on DFARS compliance cannot be overstated.

Supply Chain 40

Supply Chain Accountability Government Contracts Contract 40

The Coalition for Government Procurement

FEBRUARY 1, 2024

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

Procurement 52

Procurement Supplier Risk Management Utilities 52

Kluwer Arbitration

OCTOBER 15, 2024

Australia will continue to be a major supplier to the Asia-Pacific region, and also accounts for a lot of the developments in LNG infrastructure.

Price 59

Price Negotiation Finance Accountability 59

How to Crack a Nut

FEBRUARY 8, 2024

It has used different methods for different audiences, for example, to government, trusts and suppliers (see Figure 5). Supply Chain has used other methods for calculating savings which could cause confusion. When reporting progress against its £2.4 billion target it used a baseline from 2015-16 and accumulated the amount each year.

Supply Chain 64

Supply Chain Procurement Price Efficiency 64

ivalua

OCTOBER 1, 2019

We start by organising user groups with participants from both procurement and suppliers, and we bring them together regularly to validate our hypotheses or to innovate on the basis of user ergonomics. This is why we pay as much attention to this second aspect of things; that is, what users feel. This trend is voice control.

Procurement 40

Procurement E-catalogue E-procurement Supplier 40

The Coalition for Government Procurement

FEBRUARY 8, 2024

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

Open Contracting Partnership

AUGUST 14, 2023

It includes indicators such as the population of the community affected, level of urgency, economic influence, or ecological impact. Once the project is selected for funding, it can be tracked through the full implementation pipeline: developing procurement needs, tendering, choosing suppliers, construction, and auditing.

Accountability 52

Accountability E-procurement Transparency Capacity 52