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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

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2024 – A year in review with the Public Procurement Group (PPG)

Scottish Government Procurement

In April we published the Annual report on procurement activity in Scotland for 21-22, which highlights how we performed against our Procurement Strategy, how we delivered procurement policy and capability throughout the Scottish public sector. They show that the 16 billion of public procurement spend, we generated 13.8

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Centralised procurement for the health care sector -- bang for your pound or siphoning off scarce resources?

How to Crack a Nut

The National Health Service (NHS) has been running a centralised model for health care procurement in England for a few years now. They are as follows: DHSC [the Department of Health and Social Care] set Supply Chain a cumulative target of making £2.4 Supply Chain calculated its reported savings against the £2.4

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Top 10 Foundational Steps To Building A Strong Procurement Strategy

The Procurement School

How many vendors supply each commodity? What’s happening industry-wide that may impact the supply chain or pricing? Are there buying groups that you could join who have already done this research and have established supply arrangements?

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Businesses are either pausing staffing efforts or ramping up talent acquisition strategies depending on the industry. The Criticality of the Supply Chain (and Suppliers).