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

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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 strategic sourcing process.

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

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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.

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

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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’

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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. Within the manufacturing industry, data can now be gathered quickly in amounts that were unfathomable a generation ago. Ask these three simple questions.

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Procurement on the Thames: Ivalua’s London Summer Symposium

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Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

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Three ways supplier collaboration creates real value for manufacturers

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Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

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Want to be a Strategic Sourcing Rising Star? Think New Products.

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If you happen to be a strategic sourcing 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.