Remove Procurement Team Remove Supplier Remove Sustainability
article thumbnail

BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA 

ivalua

Bravida is the Nordic region’s leading supplier of end-to-end technical solutions in service and installation.They help their customers to create effective and sustainable properties by providing installation and maintenance services for critical infrastructures. Learn more at www.ivalua.com. Follow us at @Ivalua.

article thumbnail

Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

ivalua

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages.

article thumbnail

5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

article thumbnail

A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure. Those are three hot topics in the enterprise today.

Balance 52
article thumbnail

‘Emission’ Impossible – What are the 4 Steps to Ensuring Supply Chain Sustainability?

ivalua

In recent years, sustainability has increasingly become a top priority for many organisations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

article thumbnail

What does the German Supply Chain Act Mean for Procurement?

ivalua

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 105