American City & Country

SEPTEMBER 18, 2024

These multifaceted issues underscore the need for a diverse, well-informed procurement team that can navigate the technical, ethical, legal and community aspects of implementing effective public safety tools while ensuring responsible use of taxpayer resources.”

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

Oxford College of Procurement and Supply

JULY 28, 2023

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.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Transparency 52

Transparency Supply Chain Data Procurement 52

Tendersinfo

MARCH 24, 2021

Ultimate Guide to the Insight of Public Procurement Professionals Public Procurement is a multi-staged activity and requires a thorough understanding of each process to be more successful with the bids. Procurement Professionals evaluate Tenders based on Price v/s Quality.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

Supports better decision-making Provides data-driven insights for procurement teams. Improves service quality Drives better supplier performance and customer satisfaction. Ready to deepen your procurement expertise? Encourages best practices Helps companies learn from industry leaders.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

Procurement 52

Procurement Supply Chain Influencing Chief Procurement Officer 52

ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Procurement 52

Procurement Supply Chain Procurement Team Supplier 52

ivalua

NOVEMBER 7, 2019

Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. The new capabilities are available now as part of Ivalua’s latest platform release.

Innovation 9

Innovation Management Quality Automotive 9

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . This practice significantly increases risk and time-to-market, directly impacting the likelihood of product success.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

ivalua

OCTOBER 13, 2022

Gaining access to valuable supply chain information can prove a vital source of competitive advantage and help procurement teams contribute to achieving a range of business objectives, in particular improving ESG and increasing supply resiliency”, he added.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. Applications of Procurement Analytics Yet, procurement data analytics is not limited to just cost management.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues. If a supplier that was once performing well in relation to delivering excellent quality suddenly starts to present with many defects or lower quality items, this would raise concern.

Import 59

Import Procurement Supplier Supply Chain 59

American City & Country

AUGUST 29, 2024

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Additionally, the rapid pace of technological advancements in the EV sector can make it difficult for procurement teams to keep up, leading to concerns about the long-term viability of their investments.

Procurement Team 52

Procurement Team Total Cost of Ownership Sustainability TCO 52

Tracker Intelligence

FEBRUARY 12, 2025

Value: Smart Spending, Not Just Cheap Deals It’s not just about the lowest priceit’s about quality, long-term savings, and corporate social responsibility. Fairness: Equal Opportunity for All Public procurement is built on fair competition. The best choice isnt just about priceits about quality, timelines, and reliability.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

DECEMBER 21, 2021

It also increased the efficiency and speed to market for all sourcing users, while providing visibility and ability for procurement professionals in the center-led procurement team to provide strategic support. Our total workforce of 24,000 employees serve 1.9 More information is available at www.fcl.crs and www.co-op.crs.

Supplier 52

Supplier Retail Integration Integrity 52

American City & Country

SEPTEMBER 24, 2024

.” This cumbersome process not only consumed valuable time and resources but also impacted the team’s ability to make timely and well-informed purchasing decisions. Rogers and his team knew they needed a more efficient approach to meet the town’s procurement needs without compromising compliance or quality.

Purchasing 58

Purchasing IT Supplier Negotiation Efficiency 58

ivalua

APRIL 12, 2019

A recent Ivalua study with Forester identified capacity being consumed by operational and manual activities as one barrier, along with a lack of contextual access to insights, and poor data quality as other blockers. So, is AI the light at the end of the tunnel for overworked procurement functions?

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

APRIL 23, 2021

The book gives a clear view of the benefits of cross functional collaboration for procurement and also some actionable insights as to how procurement can foster collaboration with other areas of the business. . By supporting the budget holders they can then deliver value to the organisation.

Collaboration 52

Collaboration Automotive Supplier Procurement Team 52

ivalua

APRIL 20, 2023

Ivalua’s eProcurement solution will empower us through greater visibility and better control over our indirect spend”, said Erwan Le Belléguy, Corporate Purchasing Quality and Digital Manager at Hutchinson.

Eprocurement 52

Eprocurement Procurement IT E-procurement 52

ivalua

OCTOBER 24, 2022

Our research found intense and growing pressure on procurement teams with the potential for even darker clouds on the horizon,” Alex Saric, CMO at Ivalua says. The result: Many Procurement teams are bending and cracking under the pressure. So, how are procurement teams preparing for or responding to this recession? .

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

The Procurement School

AUGUST 11, 2023

Part of the outcome for assessing efficiency is to determine the appropriate level of resources to support the function and the quality of the work, which becomes a benchmark. Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

ivalua

NOVEMBER 29, 2022

When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. A supply chain event can have a massive impact on operations and production quality and leave customers in the lurch, impacting customer satisfaction, revenue, and profits.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

JUNE 6, 2019

He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway. They have also taken a hardline approach to supplier master data cleansing and standardization which led to a high quality supplier database they continue to work hard to maintain.

Supplier 40

Supplier Automotive Supply Chain Data 40

ivalua

MAY 9, 2019

Because of the key contributions these supply partners make to corporate performance, Procurement needs to pay far more attention to risk and quality issues – whether they are present in the supplier or in their supply chain. They sometimes participate in the R&D process, adding their IP to the company’s own. Healthcare.

Supplier 58

Supplier Management Supply Chain Procurement 58

Tracker Intelligence

MARCH 16, 2025

In the UK, public procurement is essential to providing high-quality public services. Companies wishing to work with public sector organisations must know who the key players in public procurement are. These players administer public contracts, establish procurement regulations, and influence the procurement environment.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

Tracker Intelligence

FEBRUARY 16, 2025

The public sector procurement process is meant to guard against corruption, and all bids are supposed to be evaluated on predetermined criteria like quality, price and social value. However, private-sector procurement is much more flexible.

Procurement 52

Procurement Tender Public Procurement Supplier 52

Tracker Intelligence

DECEMBER 16, 2024

Robust competition in public procurement can bring these promising outcomes. Yet, limited competition in the procurement landscape can be disastrous. Without competitive bidding, prices go up, and the quality of goods and services languishes.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52

ivalua

MARCH 9, 2023

Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

DECEMBER 14, 2020

Achieving these goals would not only help Chassis Brakes control spend, it would improve product quality. Since implementing Ivalua, the Procurement team at Chassis Brakes has reduced indirect spend by 10%, while achieving 100% contract visibility and 99% purchase order coverage.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

Tracker Intelligence

MARCH 28, 2025

Invariably, procurement teams are unable to keep ahead of the curve and to do so, they have to manually search, lack customised notifications, and only have minimal historical data. With tender alerts , smart filters, and user dashboards, teams can automate their workflow and spend more time preparing high-quality submissions.

Tender 52

Tender Bidding E-procurement Supplier 52

ivalua

JULY 13, 2022

Michelin Group’s Hélène Vermont joined the discussion to share how applying these practices has propelled her procurement team to emerge as a leader in sustainability a nd Corporate Social Responsibility. In many countries, teams face increasing financial obligations and societal contributions. ESG Objectives for Buyers.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

APRIL 17, 2023

Another key consideration is whether the procurement software solution you’re considering is a unified platform or a collection of systems working together through acquisitions. Having supplier information scattered across multiple systems can lead to data quality issues and even duplicate records for the same supplier.

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

JANUARY 31, 2022

Teams also need to to mitigate supply chain risk by prioritizing digital transformation and adopting procurement technology. #4. An Ardent 2021 survey of more than 350 CPOs and other business leaders found that there’s a strong push by procurement teams to adopt suites instead of a collection of standalone or one-off solutions.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MARCH 4, 2016

getting involved early on in the New Product Introduction ( NPI) cycle to ensure suppliers risk is being properly evaluated in production capacity and quality. After the conference, I happened to follow up with a mid-manager who functioned as a liaison between IT and the Procurement team.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

The Procurement School

SEPTEMBER 15, 2023

A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process. Following these steps meticulously can bolster the chances of a robust procurement process with a solid foundation.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52