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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. A reverse auction can be added to the process, managed by CKS as a trusted third party.

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Ten years later, agencies still making gains on category management

Federal News Network

billion in costs through category management in fiscal 2024, nearly 29% above their goal for the year. When the government first started its modern journey toward category management almost exactly a decade ago, the goal was relatively easy to describe, if hard to achieve: Reduce the amount of complexity in the federal procurement system.

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Jim Blastos Assumes Supply Chain Management VP Role at Austal USA

ExecutiveBiz

Jim Blastos , formerly vice president of global supply chain at Autocar Trucks, has been named VP of supply chain management at Austal USA. He will oversee procurement, strategic sourcing, warehousing, logistics, material management and production control, the shipbuilder said Monday.

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How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management)

Art of Procurement

Strategic sourcing is one of the foundations of modern procurement. When executed well, it’s about holistically managing the entire acquisition. The post How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management) appeared first on Art of Procurement.

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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

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Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. This magnifies drastically when you multiply across all of sourcing, as well as suppliers, engineers, and managers. Think about all the emails you send, quotes you submit, analyses you save.

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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.