ivalua

MARCH 24, 2021

Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. To foster inter-enterprise collaboration, best-in-class procurement teams are implementing cloud-based technologies that support workflow-enabled processes. Realize the Possibilities.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supply chain pose a real threat, especially in a time of crisis.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

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

DECEMBER 3, 2021

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions. Taking action today.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

Scottish Government Procurement

DECEMBER 12, 2024

And then in October, we held our 19 th annual Scottish Procurement conference, which explored The Transformative Potential of Technology, AI and Innovation in Procurement. Responsible procurement wise. We’ve seen conflict across the world, which affects our supply chains. This has been by design.

Public Procurement 48

Public Procurement Procurement Supply Chain E-procurement 48

ivalua

JULY 21, 2020

Procurement has been uniquely placed on the business front line of this crisis in helping to pivot supply chains from producing make-up to face masks and to finding thousands of items of remote working equipment overnight, or from manufacturing parts for car engines to ventilators. Blending of IT and procurement teams.

Procurement Team 52

Procurement Team Collaboration Procurement IT 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.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

MARCH 30, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

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. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. please visit: [link].

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

ivalua

NOVEMBER 7, 2019

Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. Enhancements enable manufacturers to launch more profitable, successful products.

Innovation 9

Innovation Management Quality Manufacturing 9

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Transparency 52

Transparency Supply Chain Data Procurement 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Balance 52

Balance Sustainability Supply Chain Management 52

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. contract compliance, procurement cycle efficiency).

Efficiency 52

Efficiency Procurement Data Supply Chain 52

Scottish Government Procurement

JULY 9, 2024

These awards are a unique opportunity to showcase the Power of Procurement, the innovations, initiatives and achievements of organisations that are leading the way for public procurement in Scotland. The award categories reflect the diversity of procurement requirements and initiatives across Scotland’s public sector.

Supply Chain 48

Supply Chain Public Procurement Procurement Team Procurement 48

ivalua

AUGUST 16, 2022

According to the SBTI, the next hurdle lies outside of organizations’ four walls in organizations’ supply chains. Companies also face engagement gaps between their suppliers and procurement teams.”. Spend Matters found that almost 70% of organization’s emissions come from their supply chain.

Supply Chain 52

Supply Chain Supplier Sustainability Collaboration 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. . Map Your Sub-tier Supply Chain. Build a Solid Data Foundation.

Supply Chain 52

Supply Chain Supplier Collaboration Data 52

ivalua

JUNE 29, 2022

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions. Taking action today.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

NOVEMBER 29, 2022

The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 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 Negotiation 52

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . 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

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 Supplier 52

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . This removes risk when buying from innovative or SME suppliers while creating a larger supplier base to target with early payment opportunities via C2FO marketplace. It Pays to Partner!

Supply Chain 52

Supply Chain Buyers Supplier IT 52

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

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 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. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. NFR Categories.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

MARCH 1, 2022

While supplier relationships are priority, external factors such as currency, demand, and cost of energy are affecting pricing and supply. Procurement teams will be empowering a strategy advisor to provide a framework for how to leverage technology, retain talent, and drive sustainable value. IMPROVE STAKEHOLDER-CENTRICITY .

Supply Chain 52

Supply Chain Procurement Team Supplier Procurement 52

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

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. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’.

Supplier 94

Supplier E-procurement Buyers Supply Chain 94

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

Oxford College of Procurement and Supply

JANUARY 14, 2025

Benefits of Benchmarking in Procurement Benchmarking offers several key advantages for businesses looking to optimise procurement practices: Identifies areas for improvement Highlights gaps and inefficiencies in procurement processes. Supports better decision-making Provides data-driven insights for procurement teams.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

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. Healthcare.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

ivalua

OCTOBER 24, 2021

in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. With global trade volumes expected to grow by 4.7%

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Assess and mitigate risk across the supply chain.

Supplier 52

Supplier Management Supply Chain Risk Management 52