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Strategic sourcing and ‘big data’

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Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. But the useful gathering, presentation, and timely analysis of the data are keys to your success. Now let’s turn to why you, as a sourcing professional, should care more about big data.

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Procurement on the Thames: Ivalua’s London Summer Symposium

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Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

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When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners. Developing and executing category strategies is critical to effective strategic sourcing.

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Three Opportunities to Achieve Greater Product Success Through Effective Supplier Engagement

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These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success. Engaging suppliers in strategic sourcing events and collaborative cost improvement efforts will ensure that purchased component costs are appropriate to achieve targeted gross margins.

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Achieving Healthcare Transformation, Powered by Supply Chain

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Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Baylor, Scott & White (BSW) presents a great example of achieving digital transformation powered by supply chain. Make no mistake, there is a path to supply chain excellence and it is one well worth investing in.

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We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

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Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers. Director Strategic Sourcing Digital & Functional Transformation, .

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Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

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Pacific Drilling presents a unique opportunity to expand in the Americas given their industry and vision, and we plan to deploy a best-in-class program to transform their sourcing processes. We look forward to contributing to their Procurement cost optimization initiative”.