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Cal Poly seeks to transform procurement process with generative AI-powered scope of work generation

AWS Public Sector

In todays complex procurement landscape, creating comprehensive and accurate statements of work scopes can present a challenge for university procurement teams. Now in pilot, Scope Builder is demonstrating how it will save Cal Poly procurement team members time developing work scopes.

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4 ways IT & Procurement team collaboration increases resilience

ivalua

The Hackett Group study, “ Strengthening the Procurement-IT Partnership Elevating performance and accelerating value ”, July 2020 is one of a series of great reports which seek to provide guidance on what Procurement teams are doing well and on how they can improve. Blending of IT and procurement teams.

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What does the German Supply Chain Act Mean for Procurement?

ivalua

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. In closing, the German Supply Chain Act is a major development for procurement and supply chains in Germany.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

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eWorld Procurement & Supply, 3rd March 2020, London

ivalua

The presenter will look at the Procurement outcomes innovation can bring today, but only if we. Procurement teams all strive for seamless automation. The other is to ignore the. established rules. Yes, technology like Blockchain and ‘AI’ can help, but the real enabler is. touchless payments. Join Steve and explore how to.

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. They can then identify the most relevant and appropriate AI solutions.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter. Steve discussed how Procurement teams are in a unique position to drive sustainable initiatives within their organizations and the steps they need to take to drive these changes.