Remove Media Remove Procurement Team Remove Supplier
article thumbnail

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

ivalua

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.

article thumbnail

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

ivalua

“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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

ivalua

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.

article thumbnail

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

ivalua

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.

article thumbnail

2024 – A year in review with the Public Procurement Group (PPG)

Scottish Government Procurement

Responsible procurement wise. We’ve completed over 250 deep dive assessments now of our suppliers, supply chains and institutional procurement teams and their internal stakeholders. But despite all of these things, our local government colleagues that are procurement teams continue to deliver.

article thumbnail

Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

ivalua

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.

article thumbnail

Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

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. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low. Media Contact.