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Jim Blastos , formerly vice president of global supplychain at Autocar Trucks, has been named VP of supplychainmanagement at Austal USA. He will oversee procurement, strategicsourcing, warehousing, logistics, material management and production control, the shipbuilder said Monday.
Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
Since its inception in the late 1980s, strategicsourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategicsourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategicsourcing. Leading manufacturers have proven that best-in-class strategicsourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supplychain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. ABOUT CONSUS GLOBAL.
From this discussion, we compiled a list of 8 critical supplychainmanagement activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
Strategicsourcing is a contemporary approach to supplychainmanagement. In this post, we explain what strategicsourcing is, why it is important and how it can be implemented. In this post, we explain what strategicsourcing is, why it is important and how it can be implemented.
However, few manufacturers ever sit back and ask, “How can our procurement or strategicsourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategicsourcing is the first place to start shaping the customer journey.
Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supplychain. These platforms bring key stakeholders together to address customer expectations, regulation compliance, supply risks, and much more. Digitization Benefit #2: StrategicSourcing Alignment.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychainmanagement activities that can help Procurement teams build and maintain supplychain resilience now and in the years to come.
Doug Keeley, Product Marketing Manager, Ivalua. So what does “good” strategicsourcing look like? The primary difference between StrategicSourcing and “good” StrategicSourcing is contextualized flexibility. Good” strategicsourcing….
attempt to make a point about the relative value of strategicsourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management. If so, in my (imperfect?)
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? Procurement and supplychain teams will play a crucial role in making this vision a reality.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally.
If you work in strategicsourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supplychain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.
Recently I attended a conference for StrategicSourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The post Are you a SupplyChain Visionary Vick or Laggard Larry? Time is Money. Settle no more!
A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Objectives for Supplier Risk and Performance Management. Employ more structured processes around supplier risk management.
attempt to make a point about the relative value of strategicsourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management. If so, in my (imperfect?)
Bill Mertz Chief Procurement Officer, Peraton Bill Mertz is responsible for all aspects of the companys procurement organization, including supplychain operations, strategicsourcing and subcontractor management.
But it also has value far away from the battlespace, such as 5G efficiencies in supplychain and warehouse logistics and support for open standards while maintaining secure networks. and its allies and partners. and its allies and partners. Certificates will be e-mailed to registrants.
Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. In Q3 2021, The Hackett Group conducted a comprehensive performance study of third-party risk management across a wide demographic of companies. What is Third-party Risk Management? .
It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategicsourcing. The post Altering the When, How and Why of Supplier Information Management appeared first on Ivalua.
Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategicsourcing.
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Effectively managing costs and supplychain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.
While the procurement industry is consistently evolving and shifting, supplymanagement professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supplychains, labor market shortages, strong consumer demand.
Jones Lang Lasalle is one of the largest commercial real estate and wealth management companies in the world. JLL Digital is a cloud software company focused on bringing innovation to the industry to improve how companies manage properties and advise clients on investment strategy. Jon is the President of the JLL Digital Businesses.
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. Also, proper data analysis can help find potential hazards in the supplychain, sustain continuity, and reduce disruptions.
If you work in strategicsourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supplychain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.
JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages. He gave some really useful experienced-based insight into managing a transformation.
Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.
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?
Who better to bring balance, build resilience and solidify competitive advantages than Procurement and SupplyChain. 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. Balancing the Imbalanced.
Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supplychain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials.
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Effectively managing costs and supplychain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.
Outside of defense, 5G can enhance supplychain and warehouse logistics, support open standards and strengthen communications while maintaining secure networks. His personal awards include the Meritorious Service Medal and the Navy and Marine Corps Commendation Medal with gold star.
For procurement and supplychain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supplychains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .
Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.”
Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.”
The conference is dedicated to supplychain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. They are trying to manage communication through emails, spreadsheets, and maybe SharePoint- like sites. It is sage advice.
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