ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

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. Redwood, CA, 17 October, 2022.

Supply Chain 52

Supply Chain Manufacturing Efficiency Procurement 52

ivalua

JUNE 26, 2023

The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter. Steve discussed how Procurement teams are in a unique position to drive sustainable initiatives within their organizations and the steps they need to take to drive these changes.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

MAY 6, 2020

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes.

Supply Chain 15

Supply Chain Procurement Retail Sustainability 15

ivalua

APRIL 23, 2021

At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation.

Collaboration 52

Collaboration Automotive Procurement Team Supplier 52

ivalua

SEPTEMBER 24, 2020

The study found that 88% find it challenging to hire the right digital skills to work with technologies such as AI, cloud-based platforms or data analytics, while 76% say they are concerned that existing procurement teams will struggle to work with new technologies. About the study.

Procurement 12

Procurement Supply Chain Procurement Team Finance 12

ivalua

NOVEMBER 7, 2019

Enhancements enable manufacturers to launch more profitable, successful products. Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products.

Innovation 9

Innovation Management Quality Manufacturing 9

ivalua

MAY 9, 2023

A frequent thought leadership contributor for the Ivalua Blog, Jarrod has worked across multiple industries, including higher education, public sector, retail, manufacturing, and engineered products.

Public Procurement 98

Public Procurement Tender Supplier Procurement 98

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. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. please visit: [link]. About the study.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

Select GCR

SEPTEMBER 3, 2024

A sole source situation exists when specific criteria are met, emphasizing the need for thorough verification of the exclusivity of the source, especially in cases involving ‘sole brand’ or ‘sole manufacturer’ items that may have multiple distributors. This indicates the presence of competitive market alternatives.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. 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 Supplier Procurement Team Freight 52

ivalua

DECEMBER 14, 2020

Just-in-time demand signals can be triggered at the manufacturing plant using Internet of Things (IoT) devices to put re-orders into motion or alert teams of late deliveries. The post How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis appeared first on Ivalua.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Supplier 52

Supplier Supply Chain Procurement Team Tender 52

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

AUGUST 11, 2022

The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing. Aegion’s procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line. Ivalua will also deliver implementation services.

Procurement 52

Procurement Supply Chain Procurement Team Negotiation 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.

Eprocurement 52

Eprocurement Procurement IT E-procurement 52

ivalua

MAY 9, 2019

Industry: Manufacturing. In manufacturing, materials, components and assemblies that will be sold to customers are direct spend while facilities, equipment, consumable supplies and MRO are indirect. Not unlike financial services, Procurement teams in healthcare organizations are predominantly focused on indirect spend.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

SEPTEMBER 13, 2021

Those looking to accelerate their CSR initiatives should learn from the leaders and empower procurement teams and suppliers with the technology needed to support effective decision-making and scalable collaboration”, said David Khuat-Duy, Founder & CEO of Ivalua. The study began in March 2021 and was completed in August 2021.

Consulting 52

Consulting Supply Chain Automotive Supplier 52

ivalua

APRIL 17, 2023

A frequent thought leadership contributor for the Ivalua Blog, Jarrod has worked across multiple industries, including higher education, public sector, retail, manufacturing, and engineered products. Contact Sales The post Source Wisely: Your Top 3 Public Procurement Software Essentials appeared first on Ivalua.

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

JUNE 6, 2019

While I was at the Ivalua NOW event in Paris, I interviewed Cyrille Naux, Purchasing and Supply Chain Vice-President at Chassis Brakes International, a multinational manufacturer of automotive brakes and brake components.

Supplier 40

Supplier Automotive Supply Chain Data 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. Avoiding change is a common issue across the manufacturing industry in general.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

AUGUST 16, 2022

Companies also face engagement gaps between their suppliers and procurement teams.”. Attendees will be a small group of senior procurement and supply chain professionals from manufacturing, financial services and construction. Spend Matters found that almost 70% of organization’s emissions come from their supply chain.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

MAY 17, 2021

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors.

Procurement 52

Procurement Supplier Procurement Team Engineering 52

ivalua

MAY 11, 2021

“Risk management has become critical, because it’s no longer just about sourcing efficiencies and cost reduction; it’s about ensuring the availability of products, and the materials needed to manufacture those products,” Dr. El-Jawahari said. . Strategic Investments Target Risk Reduction.

Risk Management 52

Risk Management Supply Chain Procurement Management 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Unfortunately, many procurement teams lack the transparency and visibility across the supplier base to effectively track the metrics that matter, to assess and mitigate risk.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 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. But the highlight was hearing from Mark Gursky, Director of the Procurement Center of Excellence at Meritor (a $4 billion global manufacturer of automotive components).

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

NOVEMBER 29, 2021

A plastic manufacturer based in Asia with 1,000 employees may require a focus on topics like environment and labor & human rights topics while a small software company based in California may focus on topics of ethical business practices. . Also, ESG looks different across suppliers.

Supplier 52

Supplier Sustainability Data Integration 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

It does not appear that there are two small business manufacturers that can meet the agency’s requirement, so the small business rule of two cannot be met without an SBA waiver of the NMR. For manufacturers of covered drugs with a Federal Supply Schedule (FSS) contract in place with VA, the pricing update season is fast approaching.

E-procurement 52

E-procurement Procurement Price Contract 52

American City & Country

AUGUST 28, 2024

In addition, there are several comprehensive guides to green purchasing available online, including from the Nation Association of State Procurement Officials (NASPO). Pursuing a sustainability plan When a procurement team is committed to green purchasing, there are a variety of strategies that can be considered.

Purchasing 69

Purchasing Sustainability E-procurement Procurement 69

ivalua

DECEMBER 21, 2021

As a center-led procurement function FCL used Ivalua’s solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL’s procurement governance. Together FCL and those local co-operatives form the Co-operative Retailing System (CRS).

Supplier 52

Supplier Integration Integrity Retail 52

FedScoop

NOVEMBER 12, 2024

This could revolutionize areas like logistics, manufacturing, and even national defense, enabling faster, more precise, and more resilient operations. On the other end of the spectrum, we have full-scale automation involving robotics, complex decision-making, and even autonomous systems. They’re also making inroads in the workplace.

Government 45

Government Government Demand Data 45