ivalua

MARCH 29, 2019

Procurement professionals need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. While profit is of course important, and the procurement goal of cost reduction plays a key role here, “you cannot cut your way to growth” (or ultimate success), as the saying goes.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

FEBRUARY 8, 2023

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. 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.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

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. Financial Services.

Supplier 58

Supplier Management Supply Chain Purchasing 58

Oxford College of Procurement and Supply

JULY 28, 2023

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. They can then identify the most relevant and appropriate AI solutions.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

ivalua

NOVEMBER 28, 2022

“These findings lay bare the significant toll of supply chain disruption on UK businesses,” comments Alex Saric, smart procurement expert at Ivalua. Supply continuity has been left on life support after repeated blockages and restarts, resulting in supplier failure and organisations struggling to onboard new suppliers to kick-start supply.

Supply Chain 111

Supply Chain Supplier Media Procurement Team 111

ivalua

MARCH 16, 2022

Watch our Webinar Replay to find out more about the GAPS identified by PwC and some practical tips on how Procurement can take advantage of and help support changing C-level priorities. . CEOs Look to Innovation. The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Focus on digital transformation and adopt procurement technology. Navistar had a jump start on putting robust systems in place, but their suppliers didn’t.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

AUGUST 17, 2021

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MARCH 1, 2022

We expect procurement organizations will continue to enhance visibility, agility, and capability. . Supplier spend is changing rapidly and organizations must manage supplier spend by identifying the shift in the current inflation (adjusted price of the supplier’s goods). REDUCE SPEND COST .

Supply Chain 52

Supply Chain Procurement Team Supplier Sustainability 52

ivalua

MARCH 24, 2021

Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process. Digitization Benefit #4: Enabling Innovation. Realize the Possibilities.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Yet at most organisations procurement remains an afterthought when it comes to revenue growth.

Procurement 52

Procurement Supplier Collaboration Price 52

ivalua

APRIL 12, 2022

Procurement plays a key organizational role by ensuring compliance with Third Party Risk Management (TPRM) requirements, optimizing spend value, and leveraging a network of innovative suppliers.

Procurement 52

Procurement Procurement Team Risk Management Supplier 52

ivalua

JUNE 29, 2022

With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions. Measure suppliers on carbon emissions.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. It Pays to Partner!

Supply Chain 52

Supply Chain Buyers IT Supplier 52

ivalua

DECEMBER 3, 2021

With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions. Measure suppliers on carbon emissions.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

MARCH 21, 2022

After a 2-year hiatus, Ivalua is thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. . Today, we are stronger, more united, and more determined to lead and innovate together! Breakout : Data-Driven Procurement. Breakout : Supplier collaboration and your Supply Chain Strategy.

Vendor Management 52

Vendor Management Finance Supplier Supply Chain 52

ivalua

SEPTEMBER 22, 2022

Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. . Ensure 360-Degree Supplier Visibility. Map Your Sub-tier Supply Chain.

Supply Chain 52

Supply Chain Supplier Collaboration Data 52

ivalua

MARCH 11, 2020

Effective management of safety, deep collaboration with field suppliers and engineers, and reducing supplier risk is crucial to optimizing performance. Procurement professionals in Oil, Gas and Energy companies require governance to ensure contract compliance, adherence to processes and develop sustainable supplier relationships.

Supplier 52

Supplier Demand Price Procurement Team 52

ivalua

AUGUST 11, 2022

The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing. Aegion’s procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line. Ivalua will also deliver implementation services.

Procurement 52

Procurement Supply Chain Procurement Team Efficiency 52

ivalua

JULY 13, 2022

Michelin Group’s Hélène Vermont joined the discussion to share how applying these practices has propelled her procurement team to emerge as a leader in sustainability a nd Corporate Social Responsibility. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

MAY 6, 2021

“The Procurement function needs to move its focus from its traditional emphasis on cost to the things that really matter to customers,” he said. These include faster co-innovation with suppliers, working with sustainable and ethical suppliers and empowering employees — all of which will lead to increased business agility. .

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

JANUARY 31, 2022

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world.

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

APRIL 27, 2023

Geopolitical manipulation on suppliers worldwide adds to the pressure. Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

Geopolitical manipulation on suppliers worldwide adds to the pressure. Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Procurement 61

Procurement Procurement Team Supply Chain Supplier 61

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low. 0207 436 0420.

Supply Chain 65

Supply Chain Procurement Supplier Procurement Team 65

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Total estimated infrastructure bill allocations: Source. A Path Forward.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

VWV

JUNE 15, 2021

Contracting authorities are required to have regard to three national priority outcomes in designing their procurement strategies: Creating new businesses, new jobs and new skills Tackling climate change and reducing waste Improving supplier diversity, innovation and resilience None of these national priorities should come as a surprise.

Public Procurement 40

Public Procurement Procurement Procurement Team Procurement Strategies 40

ivalua

SEPTEMBER 8, 2015

” provides a bold look into the near future of procurement organizations. This is a mindset shift for procurement teams, but it should not be such a stretch. Becoming “one” with an expanded ecosystem of suppliers. Digital platforms and technologies, Accenture emphasizes, are no longer just enablers.

Procurement 59

Procurement Supplier Procurement Team Innovation 59

ivalua

NOVEMBER 11, 2020

Prior to COVID-19, the agency accepted supplier bids by mail or in person — two methods that in an instant became impossible. The LADWP turned to Ivalua, who, in just one week , developed a digital bidding solution that streamlined the supplier account request process and enabled suppliers to upload secure, sealed bid packages remotely.

Eprocurement 52

Eprocurement Supplier Bidding Public Procurement 52

ivalua

NOVEMBER 12, 2019

Winner of Awards for Innovation in Digitization and Innovations in 3rd Party Management. 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 Innovation Transparency 60

ivalua

DECEMBER 14, 2020

It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Balancing New Priorities Makes Procurement More Valuable. Historically, Procurement was perceived as adding value when it could effectively control costs.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52