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Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategicsourcing process.
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategicsourcing. Leading manufacturers have proven that best-in-class strategicsourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.
Since its inception in the late 1980s, strategicsourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategicsourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.
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.
Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategicsourcing.
Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategicsourcing process. Please visit our website: www.cks-consulting.com/en.
The vision aims to transform the country into a leading economy, a hub for commercial and cultural activities, and a model for sustainable development. In this blog post, we will explore how sustainable procurement practices can help organizations reduce greenhouse gas emissions and achieve their sustainability goals.
Innovating. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. The value created here is a higher return on innovation investments, product leadership in the market, and top-line revenue growth. Planning.
Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. Establishing processes to identify and capture savings by category.
O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategicsourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance.
Innovating. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. The value created here is a higher return on innovation investments, product leadership in the market, and top-line revenue growth. Planning.
Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions. With this capability, procurement departments can keep abreast of market trends and utilise strategicsourcing opportunities.
We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . Today, we are stronger, more united, and more determined to lead and innovate together! Director StrategicSourcing Digital & Functional Transformation, . Breakout Sessions.
Technology should enable business innovation, not stifle it”. Back to the marketplace – JLL chose Ivalua because of the cultural fit between the firms as well as the strong focus on customer experience, innovation , and data , which matched the JLL philosophy. Simplification of systems and tools was a key part of the programme.
JLL Digital is a cloud software company focused on bringing innovation to the industry to improve how companies manage properties and advise clients on investment strategy. He has built and led successful global supply chain teams that have delivered sustainable bottom line results for Fortune 500 companies.
“We’d like to thank FCL for their trust and our partners for a rapid deployment of this innovative solution that helps avoid supply disruptions in times of crisis, improve the quality and efficiency of savings from strategicsourcing, but also drives supplier innovation and enhances ESG programs“, said Dan Amzallag, Ivalua’s COO.
The rest of the agenda will focus on showcasing procurement leaders that have succeeded in one or more ways, and how current and new technological innovations can help. Sprint’s strategicsourcing transformation, presents a great example, in multiple ways. It’s all possible and innovators are already delivering.
in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
And the advent of 5G Advanced supports new use cases and verticals, such as extended-reality (XR) devices, sustainable network design, quantum communication, and new models for edge/fog computing.
Naturally, what you actually make and sell to your customers is critical – that is where Direct Procurement plays a critical role in the quality, innovation and profitability of those products. Just getting the goods is not enough – as we continue to experience the ongoing impact of COVID-19 on global supply chains.
Additionally, MEDLOG supports additional DHA goals including medical practice standardization and leveraging innovation. GAO sustained the protest. [1] Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals.
Where a business directs its spend can make the difference between an unsustainable imbalance and a sustainable balance to develop society, the environment and the economy equally. Procurement is a gateway to probably the most significant source of innovation that any company has, its suppliers.
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