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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. This magnifies drastically when you multiply across all of sourcing, as well as suppliers, engineers, and managers. Think about all the emails you send, quotes you submit, analyses you save.

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Procurement on the Thames: Ivalua’s London Summer Symposium

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Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Three Opportunities to Achieve Greater Product Success Through Effective Supplier Engagement

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Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

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However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools. When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners.

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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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Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah

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Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

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Webinar Recap: Procurement 2022, Big Trends and Predictions

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During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).