The Procurement ClassRoom

NOVEMBER 23, 2024

Public procurement will either propel us toward the digital future Gates describes or hold us back with outdated processes and institutional inertia. To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way.

Procurement 59

Procurement Supply Chain E-procurement Public Procurement 59

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 105

Price Supply Chain Supplier Procurement Team 105

American City & Country

OCTOBER 29, 2024

Follow along below to see how Lawson Products , a leading distributor of fleet and facility maintenance solutions, can transform the way facilities and procurement departments procure and manage supplies through Vendor Managed Inventory (VMI) services and dedicated support. What is Lawson Vendor Managed Inventory?

Vendor Management 58

Vendor Management Inventory Management Inventory Management 58

ivalua

MAY 9, 2019

Doug Keeley, Product Marketing Manager, Ivalua. 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. Since salaries are beyond Procurement’s purview, nothing the company ‘buys’ is resold to customers.

Supplier 58

Supplier Management Supply Chain Procurement 58

AWS Public Sector

SEPTEMBER 26, 2024

I get to talk with procurement teams about AWS Marketplace daily. The best part of these conversations is their delight when they see the consolidated purchasing analytics. I love this question because the answer cuts to the heart of how IT marketplaces offer a new way of approaching software procurement.

IT 78

IT Buyers Contract Procurement Team 78

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

Bonfire

JANUARY 19, 2022

Given the challenges elementary and high school students are facing right now, K-12 procurement teams have a unique opportunity to make a positive impact through their purchasing decisions. Many procurement teams are geographically distant from the schools they support.

Eprocurement 52

Eprocurement Procurement Team Purchasing Procurement 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years. Where to Start?

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

ivalua

JUNE 10, 2021

Businesses can easily identify new sources of supply and help reduce purchasing costs by improving employee choice and access. Tail spend has always been difficult to control by procurement teams. For businesses, managing what employees purchase and from which supplier, is critical.

Integration 52

Integration Integrity E-procurement Supplier 52

ivalua

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Which supplier it was purchased from; and . Who purchased it. Are there any recurring purchases?

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Redwood City, CA, 20 April 2023.

Eprocurement 52

Eprocurement Procurement IT E-procurement 52

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. Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted.

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. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

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. Yet in 2020, over two million people purchased goods online. Attack GNFR Spend. Goods not for resale are a huge cost-center, especially in the post-Covid-19 era.

Retail 52

Retail Procurement Supply Chain Supplier 52

ivalua

APRIL 11, 2022

Implementation of the project was led by Optis’ expert consulting team with support from Ivalua professional services, allowing TELUS to streamline their procurement processes through a simplified system that manages spend, ensures compliance, provides a rich catalog of products and services, and creates a full digital record of purchases. “We

Procurement 52

Procurement IT Buying Process Consulting 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. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

What makes KPIs so vital to Procurement? Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. The second KPI gives the supplier the exact details of what is required and as such allows the organisation to fairly manage the supplier’s performance.

Import 59

Import Procurement Supplier Supply Chain 59

DemandStar

MARCH 31, 2022

If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers. What Are Disparity Studies?

Supplier 52

Supplier Procurement Team Procurement Bidding 52

Tracker Intelligence

MARCH 16, 2025

Through customised insights and tender notifications that link them to public sector contract possibilities and government procurement organisations, Tracker Intelligence assists suppliers in navigating this difficult market. Procurement laws in the United Kingdom are intended to guarantee value for money, competition, and transparency.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability.

Public Procurement 52

Public Procurement Efficiency Procurement Procurement Team 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

AUGUST 11, 2022

Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. Ivalua will also deliver implementation services. www.aegion.com.

Procurement 52

Procurement Supply Chain Procurement Team Negotiation 52

The Procurement School

AUGUST 11, 2023

The costs to manage the P-card program. We know that issuing a formal purchase order to buy a low-cost item and make a payment through accounts payable is not a good use of resources. per transaction for procurement to manage the P-card program. Efficiency metrics examples 1.The i.e. $65,000 x 1 / 24,000 = $3.38

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

OCTOBER 13, 2022

Gaining access to valuable supply chain information can prove a vital source of competitive advantage and help procurement teams contribute to achieving a range of business objectives, in particular improving ESG and increasing supply resiliency”, he added. Ivalua is a leading provider of cloud-based Spend Management software.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

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

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

Tracker Intelligence

FEBRUARY 12, 2025

It is all a part of supply chain management, making sure the right products and services get to the right place at the right time. Key Principles Of Public Procurement Transparency: Clear and Open Processes Public contracts aren’t handed out in secret. E-Procurement It is the digital way of handling public purchasing.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

JUNE 10, 2021

Access to a curated list of Amazon Business items (up to 100,000 or more) within Ivalua, with real-time pricing and availability, giving procurement teams a higher degree of control. Access to the seamless, integrated search experience, with the ability to block employees from purchasing certain categories from Amazon Business.

Collaboration 52

Collaboration Integration Integrity Eprocurement 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

Ethics 52

Ethics Import Procurement Supply Chain 52

ivalua

JUNE 10, 2021

Access to a curated list of Amazon Business items (up to 100,000 or more) within Ivalua, with real-time pricing and availability, giving procurement teams a higher degree of control. Access to the seamless, integrated search experience, with the ability to block employees from purchasing certain categories from Amazon Business.

Collaboration 52

Collaboration Integration Integrity Eprocurement 52

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Supplier 40

Supplier Automotive Supply Chain Data 40

Bonfire

APRIL 3, 2023

Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

ivalua

NOVEMBER 25, 2020

– Editor/Co-Author CIPS Finance for Purchasers Level 6 Graduate diploma. – CIPS – SME book reviews: Global supply chain, Diversity Management & Strategic Programme Leadership. The GBS procurement population is c.180 2.7bn and total group purchasing population of circa 900, and Group Spend of c £8bn.

Procurement Strategies 40

Procurement Strategies Supply Chain Leadership Purchasing 40

ivalua

SEPTEMBER 22, 2022

What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions.

Supply Chain 52

Supply Chain Supplier Collaboration Data 52

Scottish Government Procurement

SEPTEMBER 25, 2024

For further information on public procurement in Scotland please visit www.gov.scot/procurement Please email enquiries to scottishprocurement@gov.scot Follow us online: Single speaker transcript, Nick Ford: Hi everyone. You can find out more information about these on our Scottish Procurement blog.

Procurement 57

Procurement Buyers Public Procurement Supplier 57

ivalua

DECEMBER 14, 2020

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.” It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Automation is also an essential capability.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52