article thumbnail

What is eProcurement?

ivalua

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Rules and workflow engines automate this part for you. Alerts inform you of any deviation which allows you to set up mitigation plans and follow up on corrective actions.

article thumbnail

Pigs Get Fed; Hogs Get Slaughtered

ivalua

He was the kind of guy you would not want to have to negotiate with way back in the day because he did not negotiate. He said he had seen it all in supply base management and had experienced the feeling of victory leaving plenty of blood on the floor in negotiating with suppliers in his day. He just stared at me.