ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, 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. Risk management. Who Should Own Supplier Master Data?

Supplier 52

Supplier Data Management Procurement 52

Select GCR

SEPTEMBER 3, 2024

When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks. This helps to maintain the integrity of the procurement process.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

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 Purchasing 58

ivalua

APRIL 12, 2022

Procurement plays a key organizational role by ensuring compliance with Third Party Risk Management (TPRM) requirements, optimizing spend value, and leveraging a network of innovative suppliers.

Procurement 52

Procurement Procurement Team Risk Management Supplier 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. About Ivalua.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua.

Supply Chain 52

Supply Chain Efficiency Manufacturing Procurement 52

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

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Procurement 52

Procurement Supply Chain Procurement Team Finance 52

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

ivalua

MAY 1, 2020

There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Others may still be applied to help businesses better manage the effects of the crisis. Balance Procurement Objectives. Spend under management is key. For proactively monitored contracts for risk, 94% vs. 16%.

Supply Chain 52

Supply Chain Management Supplier E-procurement 52

ivalua

APRIL 27, 2023

Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals. It wasn’t a reactive transformation – they had already begun the process prior to March 2020. “In

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

MARCH 29, 2019

For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue. First of all, to really make the most of what your suppliers can offer, you need to manage the basics of supplier management well. It struck me that the technology achieves two goals.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

JULY 13, 2022

The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements. ESG Objectives for Buyers. Supplier Performance Evaluation.

Sustainability 52

Sustainability Buyers Supplier E-procurement 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. Supplier Data Quality & Management in Decision Making. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10