ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Financial Services.

Supplier 58

Supplier Management Supply Chain Purchasing 58

ivalua

JUNE 6, 2019

Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage. How 100% spend insight is not the same as 100% spend under management.

Supplier 40

Supplier Automotive Supply Chain Data 40

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Redwood City, CA, 13 October, 2022. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 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 Formalization- It determines the sources, budget, and approach to formalize the requirements.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

ivalua

AUGUST 17, 2021

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . 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

ivalua

MARCH 24, 2021

This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . To foster inter-enterprise collaboration, best-in-class procurement teams are implementing cloud-based technologies that support workflow-enabled processes.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

ivalua

APRIL 20, 2023

Hutchinson started digitalizing procurement in 2014 with Ivalua’s supplier relationship management and spend analysis modules. The company has now upgraded its current system with the addition of Ivalua’s eProcurement solution to digitalize its indirect procurement. In 2022, it generated a revenue of €4.400 billion.

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

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

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.

Supply Chain 52

Supply Chain Procurement 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 Finance 52

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. This was the challenge made to the Ivalua R&D team a year ago.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

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. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Selection.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

JANUARY 31, 2022

The Criticality of the Supply Chain (and Suppliers). Teams also need to to mitigate supply chain risk by prioritizing digital transformation and adopting procurement technology. #4. Data quality and access will need to be front and center in all procurement strategy and sourcing decisions. #6. More on that here.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

DECEMBER 14, 2020

It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Balancing New Priorities Makes Procurement More Valuable. Historically, Procurement was perceived as adding value when it could effectively control costs.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

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? Help build a shopping cart.

Supplier 70

Supplier Capacity Procurement Team Procurement 70

ivalua

MAY 11, 2021

Organizations will move away from what he calls “tail spend automation,” in which processes related to managing low-value tenders are automated, freeing up purchasers to focus on strategic suppliers. Next, organizations will adopt process intelligence to optimize procure-to-pay and accounts payable processes.

Risk Management 52

Risk Management Supply Chain Procurement Management 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. Managing a Complex Network of Direct Material Suppliers.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

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. Software that is built for indirect spend will not function in critical areas such as breaking down bids and collaborating with suppliers at the bill of material level.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MAY 21, 2020

Today, procurement leaders have a seat at the table in e-staff meetings. Procurement teams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. This threat is a relatively new one for procurement.

Supply Chain 52

Supply Chain E-procurement Leadership Supplier 52

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

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

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

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52

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 Procurement Team Manufacturing 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