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Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

ivalua

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. About Ivalua. .

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How Procurement Can Add Value To Supplier Master Data Management

ivalua

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Risk management.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

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.

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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

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 #2: Strategic Sourcing Alignment.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

The Criticality of the Supply Chain (and Suppliers). How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. More on that here.

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2023 – A year in review with the Public Procurement Group

Scottish Government Procurement

Then in February, we published a report showcasing the success of Scotland’s journey of achieving sustainable procurement outcomes over the past 20 years, driven by a strong passion and commitment across all sectors. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.

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2023 – A year in review with the Public Procurement Group

Scottish Government Procurement

Then in February, we published a report showcasing the success of Scotland’s journey of achieving sustainable procurement outcomes over the past 20 years, driven by a strong passion and commitment across all sectors. I’m also really proud that at Scotland Excel, we’ve put in place a national savings team.