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

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

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.

Import 59

Import Procurement Supplier Supply Chain 59

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

Oxford College of Procurement and Supply

JANUARY 14, 2025

Why Benchmarking Matters in Procurement Procurement is all about achieving value for money. But how do you determine whether your suppliers are truly offering the best value? Improve operational efficiency Pinpoint process inefficiencies and areas for improvement within the procurement function. What is Benchmarking?

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

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

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. Procurement analytics is the collection, processing, and interpretation of procurement data to derive actionable insights.

Efficiency 52

Efficiency Data Procurement Supply Chain 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

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

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 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

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 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

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

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 Supplier 52

American City & Country

SEPTEMBER 24, 2024

The Challenge: Limited Resources, Lengthy Research, and Cumbersome RFP Process The Town of Epping faced a significant challenge in streamlining its procurement operations due to the intricate and heavily regulated nature of government purchasing. This is a widespread issue across government procurement teams.

Purchasing 58

Purchasing IT Supplier Negotiation Efficiency 58

Tracker Intelligence

FEBRUARY 16, 2025

Businesses must understand the key differences between the public and private procurement methods, regulations, and goals when c onsidering tender opportunities in either sector. This article, which compares public and private procurement, gives suppliers the confidence to move in both markets.

Procurement 52

Procurement Tender Public Procurement 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 Manufacturing 9

Tracker Intelligence

DECEMBER 16, 2024

This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Public sector procurement is driven by competition to achieve economic efficiency and stimulate innovation, providing new ways to deliver vital goods and services.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 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

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 Procurement 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

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

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

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

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

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 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

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 Supplier Leadership 52

Tracker Intelligence

FEBRUARY 12, 2025

Thats exactly why this Public procurement glossary existsto make things simple. Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. Youre not alone!

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Select GCR

SEPTEMBER 3, 2024

Navigating sole source procurement? When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Supplier 52

Supplier Integration Integrity Retail 52

Tracker Intelligence

MARCH 12, 2025

Suppliers face plenty of hurdles: Tough competition everyone wants to win. So, how do the most successful suppliers do it? They follow public procurement best practices strategies that help you not only win contracts but keep them coming. Which suppliers have secured contracts before? Youll need rock-solid security.

Public Procurement 52

Public Procurement Procurement Buyers Tender 52

AWS Public Sector

NOVEMBER 25, 2024

By working closely with your technology and legal and policy teams, procurement teams can make sure that suppliers are aligned with their organization’s responsible AI principles and requirements, positioning themselves as valued business partners.

Procurement 59

Procurement Government Government Public Private Partnership 59

The Coalition for Government Procurement

DECEMBER 19, 2024

GSA will continue to provide updates on the new TDR fields and Data Quality Initiatives through its monthly MAS office hours , quarterly MAS Newsletters and posts in GSAs MAS Interact community. She also shares her views on effective leadership, offering insights into what makes leadership successful in the procurement field.

Inventory 52

Inventory Procurement Data Thresholds 52