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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 strategicsourcing process.
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.
If you happen to be a strategicsourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. For manufacturers, sales, marketing, finance, ops, and even risk and compliance all have upside. are now the lifeline of the manufacturer. Think New Products.
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 strategicsourcing process. For more information visit www.punchpowertrain.com.
By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. Developing and executing category strategies is critical to effective 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. The co-dependency that is increasingly common between suppliers and their customers is gradually eroding out-of-date bullying tactics in purchasing.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain 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% supply chain visibility.
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.
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 strategicsourcing activities. Share on Twitter. Big Opportunity Ahead.
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.
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. The co-dependency that is increasingly common between suppliers and their customers is gradually eroding out-of-date bullying tactics in purchasing.
O-I Glass is one of the world’s leading producers of glass bottles and jars, operating 70 glass manufacturing plants in 19 countries with an annual revenue of $6.4B in 2021 and 24,000 employees. Additionally, O-I Glass intends to provide an optimized buying process with catalogues, guided buying, and an Amazon-like user experience.
Let Ivalua help make orchestrating all these puzzle pieces easier so you can get back to driving real ROI through sophisticated purchasing strategies. Contact Sales The post Source Wisely: Your Top 3 Public Procurement Software Essentials appeared first on Ivalua. Can the software grow with you as your needs change?
The results were segmented to isolate perspectives for both manufacturing and services-based organizations, here we’ll focus on the later. . Interestingly, Services organizations actively monitor risk for strategic, direct, IT and onsite suppliers more frequently than manufacturing orgs. What is Third-party Risk Management? .
At DHS he leads several programs including the P25 Compliance Assessment Program which ensures that radios and solutions manufactured for public safety and federal agencies are built to standards and interoperable. He forges and leads intra- and interdepartmental partnerships with other agencies including DoD, DoT, NSF, and DoJ.
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.
The only exceptions are for contracts solely for the purchase of Commercial Off-the-Shelf items or contracts under the $10,000 micro-purchase threshold. After receipt of proposals, the contracting officer determined that the class waiver of the NMR did not apply to the equipment it was purchasing. GAO sustained the protest. [1]
White House Announces “Better Contracting Initiative” On November 8, the Biden-Harris Administration announced the next phase of the Federal Government’s enterprise approach to purchasing goods and services, known as the “Better Contracting Initiative (BCI).” The investment, which nearly exhausts the $2.15
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