Procurement Team, Risk Management and Supplier

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

Supplier

Supplier Supply Chain Procurement Team Risk Management

Supplier Risk and Performance Management

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Supplier

Supplier Management Supply Chain Risk Management

In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. They may also lack visibility into overall spend, spend categories and suppliers. .

Risk Management

Risk Management Supply Chain Procurement Management

What does the German Supply Chain Act Mean for Procurement?

ivalua

JANUARY 8, 2023

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. Further, it is essential that supplier management and data is holistic (i.e.,

Supply Chain

Supply Chain Procurement Procurement Team Ethics

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

FEBRUARY 8, 2023

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

Supply Chain

Supply Chain Supplier Manufacturing Procurement Team

Tightening the Alignment between Procurement and Corporate Leaders

ivalua

MARCH 16, 2022

Watch our Webinar Replay to find out more about the GAPS identified by PwC and some practical tips on how Procurement can take advantage of and help support changing C-level priorities. . The Digital Procurement Survey results established that Procurement’s priorities have shifted due in a post-COVID-19 world.

Procurement

Procurement Risk Management Supplier Procurement Team

Why are KPIs Important in Procurement?

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

Import Procurement Supplier Supply Chain

Sole Source Procurement: A Guide to Single-Source Acquisitions

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 article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks.

Procurement

Procurement Supplier Price Competitive Bidding

How Procurement Can Add Value To Supplier Master Data Management

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Who Should Own Supplier Master Data? Risk management.

Supplier

Supplier Data Management Procurement

A Look at Direct v. Indirect Supplier Management in Three Industries

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.

Supplier

Supplier Management Supply Chain Procurement

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Supply Chain

Supply Chain Procurement Supplier Procurement Team

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Navistar had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit.

Supply Chain

Supply Chain Supplier Procurement Team Freight

New Goals for Procurement – Driving Revenue Growth Through Supplier Collaboration

ivalua

MARCH 29, 2019

Even in terms of the “improved sales / marketing” route, there are possibilities – maybe procurement can work with the marketing team to find innovative suppliers in areas such as digital marketing? For one European bank, the capability of their internal procurement team has become a customer benefit that is winning new revenue.

Supplier

Supplier Collaboration Procurement Procurement Team

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain

Supply Chain Manufacturing Supplier Procurement Team

Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.

Supply Chain

Supply Chain Efficiency Manufacturing Procurement

5 Top Tips: How to Increase Procurement Agility in Financial Services:

ivalua

APRIL 12, 2022

Procurement plays a key organizational role by ensuring compliance with Third Party Risk Management (TPRM) requirements, optimizing spend value, and leveraging a network of innovative suppliers.

Procurement

Procurement Procurement Team Risk Management Supplier

The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more.

Supply Chain

Supply Chain Eprocurement Procurement Team Supplier

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

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.

Procurement Team

Procurement Team Procurement Supply Chain Supplier

Ivalua Study: Tech Challenges Hinder Procurement

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

Procurement Supply Chain Procurement Team Supplier

5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

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

Sustainability Buyers Supplier E-procurement

CTA

ivalua

APRIL 27, 2023

Geopolitical manipulation on suppliers worldwide adds to the pressure. Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals.

Supply Chain

Supply Chain Sustainability Supplier Balance

A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

APRIL 27, 2023

Geopolitical manipulation on suppliers worldwide adds to the pressure. Procurement’s Role in Sustainability White pointed out that Procurement teams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals.

Balance

Balance Sustainability Supply Chain Management

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

MAY 1, 2020

As financing and cash flow is uncertain, cash is once again king and Procurement and AP leaders are being asked to forecast and preserve cash wherever possible. And to maximize the impact of these and other objectives, Procurement needs to be managing all spend and all suppliers. Spend under management is key.

Supply Chain

Supply Chain Management Supplier E-procurement

Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

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. Risk & Performance Management.

Supply Chain

Supply Chain Procurement Procurement Team Supplier

JOLLIBEE FOODS CORPORATION successfully deploys IVALUA with CONSUS to transform procurement

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion.

Procurement

Procurement Supply Chain Supplier Chief Procurement Officer

Public Procurement Central

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

Supplier Risk and Performance Management

Trending Sources

In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

What does the German Supply Chain Act Mean for Procurement?

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

Tightening the Alignment between Procurement and Corporate Leaders

Why are KPIs Important in Procurement?

Sole Source Procurement: A Guide to Single-Source Acquisitions

How Procurement Can Add Value To Supplier Master Data Management

A Look at Direct v. Indirect Supplier Management in Three Industries

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

New Goals for Procurement – Driving Revenue Growth Through Supplier Collaboration

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

5 Top Tips: How to Increase Procurement Agility in Financial Services:

The Opportunity — and Challenges — for Digital Transformation in MENA

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

Ivalua Study: Tech Challenges Hinder Procurement

5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

CTA

A Balancing Act: Drive Sustainability while Managing Cost and Risk

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

JOLLIBEE FOODS CORPORATION successfully deploys IVALUA with CONSUS to transform procurement

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