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. . Digitization Benefit #2: Strategic Sourcing Alignment.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 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 Data Procurement 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: . Both are essential to the success of every business.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 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. At Ivalua, we understand the importance of having a single source of truth for your data.

Public Procurement 52

Public Procurement Procurement Transparency Supplier 52

ivalua

JANUARY 31, 2022

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. 5 Procurement Increasing Its Focus on and Use of Data. More on that here.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The latter is of particular importance since second sourcing can often be very expensive in this sector.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

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 Integration Integrity Retail 52