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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

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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. Many organizations still rely on conventional data sources such as contracts, invoices, and audits to support their supply chain transparency initiatives.

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Data-Driven Procurement: Transparency is Essential, Not Optional

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The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

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BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA 

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Consequently, the platform will effectively digitize all of Bravida’s direct and indirect spend and enhance the group’s strong focus on sustainable procurement through increased transparency and relevant data from suppliers. . Learn more at www.ivalua.com. Follow us at @Ivalua.

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

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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. Global Media Contact.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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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.

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

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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. Ability to enrich data sets with other, related data sets.

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

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Get ready for revolutionary Public Sector spend and procurement management. Ivalua is here to provide the Norwegian Public Sector with a cutting-edge solution to bolster maximum value from your financial resources, while promoting compliant and transparent operations.