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Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

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Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

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“These findings lay bare the significant toll of supply chain disruption on UK businesses,” comments Alex Saric, smart procurement expert at Ivalua. Supply continuity has been left on life support after repeated blockages and restarts, resulting in supplier failure and organisations struggling to onboard new suppliers to kick-start supply.

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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

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The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Redwood City, CA, 13 October, 2022. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

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A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

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Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

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Supply chains have become more complex and volatile with procurement teams facing an array of challenges. In the current climate, manufacturers are exposed to significant supplier risks, from non-compliance to supply shortages. Global Media Contact. media@ivalua.com. Learn more at www.ivalua.com. Markus Leutert.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

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Hutchinson started digitalizing procurement in 2014 with Ivalua’s supplier relationship management and spend analysis modules. The company has now upgraded its current system with the addition of Ivalua’s eProcurement solution to digitalize its indirect procurement. In 2022, it generated a revenue of €4.400 billion.

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New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

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REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.