Remove Price Remove Tender Remove Total Cost of Ownership
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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

professionals

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Evolution of the Status Quo

The Procurement School

Even more so now, seasoned professionals in the construction industry have seen budgets disrupted considerably by fluctuations in pricing and lead times that have shredded carefully drafted cost estimates and project schedules. This risk absorption is directly reflected in bid prices.

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The Purpose of Procurement: How ESG is Changing our Roles

The Procurement School

There will always be a cost of goods to consider but it will be a much broader view with the total cost of ownership internalized as much as possible. The basic premise is that people will do business with each other in a free market that best decides the price of goods and services.