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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.
Procurementteams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Work to achieve 100% supply chain visibility. Why is visibility so important?
A frequent thought leadership contributor for the Ivalua Blog, Jarrod has worked across multiple industries, including higher education, public sector, retail, manufacturing, and engineered products.
It also increased the efficiency and speed to market for all sourcing users, while providing visibility and ability for procurement professionals in the center-led procurementteam to provide strategic support. About Federated Co-operatives Limited and the Co-operative Retailing System.
Choosing the right procurement software solution may seem daunting with so many options on the market, but you don’t have to make this decision alone. Integration When selecting a procurement software, integration is essential to ensure the product meets your business needs. .”
As organizations look beyond the panic and shocks created by Covid-19, procurement leaders must show that they can contribute to restoring growth and supporting a broader list of objectives. The reality is that too few procurementteams have experience here. A core goal of Ivalua’s in 2021 is to help more leaders do so.
Recently I attended a conference for StrategicSourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Leadership has nothing to do with titles; it has to do with vision and moxie. Settle no more!
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