ivalua

AUGUST 11, 2022

Aegion’s procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line. The initial focus is on streamlining the purchasing process, improving the experience for employees, and capturing negotiated savings to support profitability.

Procurement 52

Procurement Supply Chain Procurement Team Negotiation 52

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. Attack GNFR Spend.

Retail 52

Retail Procurement Supply Chain Supplier 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

It involves a set of principles which guide a company to proactively eliminate unethical practices throughout its supply chain. Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important?

Ethics 52

Ethics Import Procurement Supply Chain 52

ivalua

AUGUST 29, 2019

In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

Procurement 61

Procurement Procurement Team Supply Chain Supplier 61

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

OCTOBER 24, 2022

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure.

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

Oxford College of Procurement and Supply

JANUARY 14, 2025

In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Supports better decision-making Provides data-driven insights for procurement teams. Ready to deepen your procurement expertise?

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

MARCH 1, 2022

While supplier relationships are priority, external factors such as currency, demand, and cost of energy are affecting pricing and supply. Preparing for these future inflationary changes requires strong negotiation capabilities and long-term resilience. . ACT AS A STRATEGIC ADVISOR TO THE BUSINESS . IMPROVE STAKEHOLDER-CENTRICITY .

Supply Chain 52

Supply Chain Procurement Team Supplier Procurement 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

The Procurement School

AUGUST 11, 2023

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. Many of these factors may not be directly controlled by the supply chain department, such as the ERP system and its ability to leverage digitalized processes.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

APRIL 12, 2019

Soft skills and leadership are key enablers for procurement teams and are as important as technological competence. Noël is looking to have non valuable tasks automated and pointed out that this could benefit not just the procurement team but the total supply chain. Will AI decimate procurement roles?

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

DECEMBER 30, 2024

Inclusive Opportunities: Public procurement can be a tool to promote equality, diversity, and inclusion by prioritising contracts with suppliers committed to these ideals. Why Does Social Value Matter In Public Procurement? Aligning these goals with community priorities and adhering to legal requirements ensures a balanced approach.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

ivalua

DECEMBER 8, 2020

As organizations look beyond the panic and shocks created by Covid-19, procurement leaders must show that they can contribute to restoring growth and supporting a broader list of objectives. The reality is that too few procurement teams have experience here. A core goal of Ivalua’s in 2021 is to help more leaders do so.

Procurement 52

Procurement Supplier Price Leadership 52

The Coalition for Government Procurement

SEPTEMBER 26, 2024

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. Learn more and register here.

E-procurement 52

E-procurement Procurement Price Buyers 52

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Inside Government Contracts

DECEMBER 4, 2023

Negotiating Common Enterprise-Wide Software Licenses. Under the BCI, GSA will negotiate Government-wide IT software license agreements with a large (but unnamed) software provider. According to the fact sheet, “prices routinely vary up to 20 percent for the same software across agencies.”

Price 162

Price Contract Supply Chain Negotiation 162

Government Contracts Legal Forum

NOVEMBER 14, 2023

Leveraging Data Across Agencies to Get Lower Prices and Better Terms The Office of Management Budget (OMB) is launching a centralized data management strategy to strengthen acquisition and enhance market and supply chain intelligence, by sharing and analyzing acquisition data across the federal enterprise.

Supply Chain 40

Supply Chain Contract Negotiation Price 40