ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk Management 8

Risk Management Supply Chain Management Supplier 8

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management.

Supplier 58

Supplier Management Supply Chain Procurement 58

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

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

ivalua

FEBRUARY 8, 2023

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. Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

JANUARY 8, 2023

The new set of regulations add an additional layer of compliance and risk management to the procurement process. Procurement teams will need to be prepared and equipped to conduct supplier due diligence to meet the requirements of the act. Further, it is essential that supplier management and data is holistic (i.e.,

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Follow us on LinkedIn and Twitter.

Supplier 52

Supplier Management Supply Chain Media 52

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

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. There are many supply chain management lessons to learn from the Covid-19 crisis. Risk & Performance Management.

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

ivalua

MARCH 29, 2019

Even in terms of the “improved sales / marketing” route, there are possibilities – maybe procurement can work with the marketing team to find innovative suppliers in areas such as digital marketing? When it comes to improving existing products (or services), suppliers are often better placed than the business itself to identify opportunities.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

MARCH 31, 2020

This is because organizations continue to face challenges when it comes to harnessing technology in procurement, with existing systems not being fit for purpose (36%), poor data quality reducing trust in information (36%) and staff having inaccurate expectations of what technology can do (34%).

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Supplier 40

Supplier Management Supply Chain Buyers 40

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Data Procurement Supply Chain 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

ivalua

JULY 22, 2020

According to the EBA guidelines, outsourcing an activity shall never: Transfer bank’s senior management responsibility of running core management functions (e.g, risk strategy & oversight of business operations). Impair risk management obligations. Perform a supplier due diligence.

Supplier 52

Supplier Risk Management Management Contract 52

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

NOVEMBER 23, 2020

One of the most important issues the pandemic exposed has been that most manufacturers have only a limited view into any of their suppliers beyond Tier One. Most have little understanding of who is supplying their suppliers or those suppliers’ suppliers. How do you assess that risk? Check supplier finances.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

Open Contracting Partnership

DECEMBER 8, 2023

It has debarred more than 60 suppliers for violations, and reduced unresolved complaints and canceled tenders. The measures seem to have increased trust in the reforms: more than 20,000 new suppliers have registered, competition is growing across open procurement processes, and supplier diversity is up 27%. in 2020 to 59.7%

Corruption 78

Corruption Collaboration Data Public Procurement 78

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. The deployment of Ivalua’s platform has been tightly integrated with JFC’s backend SAP ERP systems to ensure seamless flow of information and maximum automation.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

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

APRIL 6, 2021

New Operating Models for the Supplier Risk Renaissance. If we’ve learned anything over the past year about managing supply chain risk it’s this: integration across functional silos directly impacts the ability to predict disruption and drive risk-based decision making.

Supply Chain 8

Supply Chain End to End Supplier Risk Management 8

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

APRIL 13, 2021

Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

JANUARY 20, 2016

Such change is pushing manufacturers (and their solution providers) to reinvent nearly every aspect of their businesses from demand sensing to the plant floor, logistics, sourcing, supplier management, and financial management. Suppliers are a tremendous source for both product innovation and cost reduction initiatives.

Manufacturing 40

Manufacturing Supplier Collaboration Risk Management 40

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Ensuring supply continuity requires timely and open sharing of information.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

ivalua

JULY 13, 2022

Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling risk management, and also expected to contribute to the organization’s sustainability initiatives. . Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

SEPTEMBER 2, 2019

Why did these outsiders want to know about our key strategic suppliers? . professional secrecy, access to information and data, protection of personal data)”. There should be effective management oversight by the “management body”, and outsourcing policies, sound processes and control frameworks must be in place.

Procurement 56

Procurement Supplier Management Buyers 56

ivalua

JUNE 2, 2016

Much like how Chief Information Officers and Chief Financial Officer’s roles are evolving, the CPO role is now expected to go above and beyond the traditional role architecture. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Sustainability. Globalization. Integration.

Supply Chain 45

Supply Chain Procurement Supplier Global Sourcing 45

ivalua

OCTOBER 15, 2015

In the world of supplier management, the risk register is becoming a prominent and high profile tool for manufacturers. The risk register is an active, fluid database that needs to be integrated into all supplier management and sourcing activities. Putting a supplier on corrective action.

Manufacturing 40

Manufacturing Supplier Supply Chain Risk Management 40

Federal News Network

OCTOBER 1, 2024

While I don’t think anyone knows yet because there isn’t a lot of information out there, it’s unclear what this means for my clients, for Carahsoft and for their government customers.” I expect there to be fallout on the supply chain risk management side no matter what happens to Carahsoft.

Supply Chain 115

Supply Chain Price Government Government 115

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As Procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

The answer is simple- suppliers and spend. Key Steps to Get Started As procurement professionals, you play a crucial role in reducing Scope 3 emissions–first by understanding emissions, and then, collaborating with your suppliers. It will also ensure that supplier profiles are enriched with sustainability data.

Procurement 52

Procurement Supplier Category Management Purchasing 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

Federal News Network

JANUARY 2, 2024

However, I can say that there’s incredible plans underway to continue to deliver more value to our citizens, to our customers, to create a much more equitable, inviting, successful marketplace for suppliers and to continue to make it easy for people who do business with the government. We asked a question of ourselves almost every day.

Supply Chain 100

Supply Chain Balance Supplier Data 100