ivalua

NOVEMBER 25, 2015

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. Suppliers are experts in their domain.

Strategic Sourcing 40

Strategic Sourcing Supplier Management Supply Chain 40

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process. About Ivalua.

Strategic Sourcing 52

Strategic Sourcing E-auction Automotive E-procurement 52

ivalua

JUNE 26, 2023

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. See you soon!

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

JULY 22, 2015

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.

Strategic Sourcing 58

Strategic Sourcing Supplier Supply Chain Manufacturing 58

ivalua

JULY 15, 2015

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.

Strategic Sourcing 58

Strategic Sourcing Total Cost of Ownership Cost of Ownership Supplier 58

ivalua

JULY 27, 2015

attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. It means turning your supplier relationships into a competitive advantage that enables you to win in the market.

Supplier 59

Supplier Leadership Strategic Sourcing Management 59

ivalua

JUNE 24, 2015

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. Velocity: How quickly do you create data?

Strategic Sourcing 55

Strategic Sourcing Data Supplier Manufacturing 55

ivalua

JULY 27, 2015

attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. It means turning your supplier relationships into a competitive advantage that enables you to win in the market.

Supplier 40

Supplier Leadership Strategic Sourcing Management 40

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Supplier 52

Supplier Integrity Integration Retail 52

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

DECEMBER 2, 2015

Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Effective Supplier Engagement Requires a Structured Approach.

Supplier 56

Supplier Strategic Sourcing Manufacturing Innovation 56

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

Manufacturing 69

Manufacturing Supplier Collaboration Supply Chain 69

ivalua

FEBRUARY 8, 2023

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. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

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

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

Supplier 40

Supplier Manufacturing Collaboration Supply Chain 40

ivalua

JULY 21, 2021

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes. Enforcement of procurement compliances.

Supply Chain 52

Supply Chain Efficiency Strategic Sourcing Competitive Bidding 52

ivalua

JANUARY 13, 2016

But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Early collaboration among engineering, sourcing, and suppliers brings better ideas to the table in terms of product design, features, and costs. Suppliers are always looking to hide sources of cost.

Collaboration 40

Collaboration Supplier Manufacturing Finance 40

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Navistar had a jump start on putting robust systems in place, but their suppliers didn’t. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

ivalua

MAY 1, 2020

Others may still be applied to help businesses better manage the effects of the crisis. And to maximize the impact of these and other objectives, Procurement needs to be managing all spend and all suppliers. Spend under management is key. The same applies to suppliers. Balance Procurement Objectives.

Supply Chain 52

Supply Chain Management Supplier E-procurement 52

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Collaboration 52

Collaboration Contract Supplier Supply Chain 52

ivalua

JULY 6, 2015

The strategic sourcing technology market is a crowded space. Walk the exhibit floor at the annual ISM conference and you’ll easily find more than 40 providers offering a wide variety of e-sourcing solutions. So how do you know if you have the right sourcing technology for your business?

Strategic Sourcing 55

Strategic Sourcing Supplier Efficiency Negotiation 55

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Navistar had a jump start on putting robust systems in place, but their suppliers didn’t.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers). More on that here.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

AUGUST 17, 2021

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. What does Procurement mean? What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MARCH 24, 2021

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.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

The Coalition for Government Procurement

MAY 13, 2024

Day One Speakers Keynote Speakers: Christine Harada , Senior Advisor, OFPP, OMB Moshe Schwartz , President, Etherton and Associates Panelists: Bonnie Evangelista , Acting Deputy Chief Digital and Artificial Intelligence Officer for Acquisitions, DoD Polly Hall , Senior Advisor to the Chief Procurement Officer, DHS Udaya Patnaik , Chief Innovation (..)

Supply Chain 59

Supply Chain Participation Procurement Professional Services 59

ivalua

JULY 7, 2020

Be it stronger support or stricter policies around supplier management for sustainability and diversity or more efforts to improve the communities involved in and around a business. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind. Building Resilience.

Balance 52

Balance Supply Chain Supplier Procurement 52

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Share on Twitter. Big Opportunity Ahead.

Supply Chain 87

Supply Chain Distribution Strategic Sourcing Quality 87

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. Why did these outsiders want to know about our key strategic suppliers? . There should be effective management oversight by the “management body”, and outsourcing policies, sound processes and control frameworks must be in place.

Procurement 56

Procurement Supplier Management Buyers 56

ivalua

DECEMBER 8, 2020

The city of New York adjusting normally cumbersome processes to secure new sources of supply for unprecedented numbers of ventilators. Dankse Bank accelerated supplier payments to help small businesses stay liquid. Sprint’s strategic sourcing transformation, presents a great example, in multiple ways.

Procurement 52

Procurement Supplier Price Leadership 52

ivalua

MARCH 15, 2016

The first one I attended was a topic on supply base management. He said he had seen it all in supply base management and had experienced the feeling of victory leaving plenty of blood on the floor in negotiating with suppliers in his day. Having minimal suppliers means that losing one can have lasting damaging effects.

Supply Chain 40

Supply Chain Supplier Real-time Visibility Negotiation 40

ivalua

FEBRUARY 1, 2016

For our discrete manufacturing market, that means reducing product costs, driving margin expansion and extracting greater value from supplier relationships via superior strategic sourcing and supplier management. In good times or bad, you should never stop investing in improving your business performance.

Strategic Sourcing 40

Strategic Sourcing Supplier Innovation Manufacturing 40

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The latter is of particular importance since second sourcing can often be very expensive in this sector.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

JANUARY 21, 2020

This additional level of requirement provides a perfect opportunity to leverage the capabilities of technology to communicate and centralize spend and supplier information state-wide. Investments in communication and outreach can help manage the constituent experience, even when most public sector procurement activities do not affect them.

Procurement 49

Procurement Transparency Data Strategic Sourcing 49

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Sourcing locally is not just beneficial for individual businesses but the entire local economy.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

APRIL 2, 2019

Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. Recognized as a Leader by Gartner and other analysts, Ivalua’s Source-to-Pay suite is leveraged by over 300 leading companies across the globe to manage over $500 Billion in direct and indirect spend.

Supply Chain 40

Supply Chain Chief Procurement Officer Strategic Sourcing Purchasing 40

ivalua

MARCH 14, 2019

But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in.

Procurement 40

Procurement IT Purchasing Supply Chain 40