Art of Procurement

JANUARY 2, 2023

Over the course of the year, the Art of Procurement team is privileged to speak to a LOT of people. The post 3 Key Messages for Procurement Leaders in 2023 appeared first on Art of Procurement.

Procurement 90

Procurement Procurement Team Leadership 90

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

Procurement Team 52

Procurement Team Collaboration Procurement IT 52

Art of Procurement

APRIL 2, 2023

“At the end of the day, procurement is a business enabler. The post [Pod] Architecting and Enabling Amazing Procurement Teams w/ Fadi El Mouallem appeared first on Art of Procurement. No company can grow without its suppliers.

Procurement Team 52

Procurement Team Procurement Supplier Category Management 52

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? 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. By Jan-Hendrik Sohn. Being banned from public tenders for up to three years .

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

Scottish Government Procurement

JULY 2, 2024

We’re pleased to welcome a blog from Denis McFadden, Deputy Director, Procurement Services Division to reflect on the procurement role MPIP have played in supporting and enabling the delivery of new Social Security benefits in Scotland. MPIP adapted the procurement documentation to meet the demands of Agile delivery.

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Procurement Team Procurement Public Procurement Collaboration 57

ivalua

FEBRUARY 10, 2022

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. . The post BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA appeared first on Ivalua.

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Procurement Team Procurement IT End to End 52

ivalua

OCTOBER 25, 2022

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. About the study.

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

Tendersinfo

APRIL 8, 2021

Government Procurement Professionals aim to achieve the best value for money in the process of procurement of goods and services for the public. A weightage-based criterion helps the procurement team to select the best out of the lot that gives the best value in terms of Cost, Quality, and experience.

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Procurement Team Evaluation Tender Procurement 52

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

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Procurement Procurement Team Supply Chain Finance 75

WashngtonExec

DECEMBER 22, 2024

Tim McAtee Senior Director of Procurement and Subcontracts, HII Mission Technologies Tim McAtee leads a team of procurement professionals supporting the Mission Technologies portfolio of contracts as well as its business development efforts.

Supply Chain 40

Supply Chain Procurement Team Procurement Contract 40

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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Price Supply Chain Supplier Procurement Team 105

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 69

Supply Chain Procurement Supplier Procurement Team 69

ivalua

FEBRUARY 13, 2020

Please join us at eWorld Procurement & Supply at the De Vere Grand Connaught Rooms, London on 3rd March. Please visit us on our stand, or reach out to Afrika Morris if you would like to meet up with our team at the event. 10.30am No Compromise, Procurement Next Horizon? Procurement teams all strive for seamless automation.

Procurement 69

Procurement Procurement Team Innovation Management 69

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain 98

Supply Chain Finance Procurement Sustainability 98

Art of Procurement

JUNE 30, 2024

Procurement teams need to be able to react quickly and pivot within their. The post All About Relationships: Changing Your Mindset for Better Procurement appeared first on Art of Procurement. The speed of business is dramatically accelerating.

Procurement 52

Procurement Procurement Team Supplier Management 52

Oxford College of Procurement and Supply

JULY 28, 2023

Over the last few years, procurement has been undergoing a digital transformation. 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.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

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Supplier Supply Chain Procurement Team Tender 98

American City & Country

AUGUST 28, 2024

Sustainable government procurement is the process of acquiring goods and services that meet the government entity’s needs while minimizing environmental and social impacts. Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs.

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Purchasing Sustainability E-procurement Procurement 97

ivalua

SEPTEMBER 24, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Procurement 12

Procurement Supply Chain Procurement Team Finance 12

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

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Procurement Procurement Team Supply Chain Supplier 61

Oxford College of Procurement and Supply

JANUARY 14, 2025

Why Benchmarking Matters in Procurement Procurement is all about achieving value for money. In procurement, benchmarking involves assessing supplier performance, costs, and processes against industry standards or competitors to ensure you are receiving the best value. Ready to deepen your procurement expertise?

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Procurement Total Cost of Ownership Supplier Cost of Ownership 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.

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Procurement Supply Chain Procurement Team Supplier 52

ivalua

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Here are some of my takeaways.

Procurement 52

Procurement Procurement Team Supplier Electronics 52

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.

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Procurement Supply Chain Supplier Procurement Team 65

WashngtonExec

DECEMBER 22, 2024

Kent Crabtree Vice President of Procurement and Vendor Management, Maximus As Maximus continues to increase annual revenue and set new company records, the companys procurement team kept pace under the leadership of Kent Crabtree.

Supply Chain 40

Supply Chain Vendor Management Procurement Team Leadership 40

Scottish Government Procurement

SEPTEMBER 25, 2024

In his latest vlog, Nick provides an update highlighting what we’ve achieved over the last quarter, including exciting events and recent publications, as well as what’s coming up over the next few months across the Scottish procurement community. You can watch the video below. Welcome to my second vlog of 2024.

Procurement 57

Procurement Buyers Public Procurement Supplier 57

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MAY 6, 2020

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Zara’s Supply Chain Approach.

Supply Chain 15

Supply Chain Procurement Retail Sustainability 15

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. A Blueprint for Demonstrating the value of Strategic Procurement.

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Procurement Supply Chain Influencing Chief Procurement Officer 52

Tracker Intelligence

NOVEMBER 20, 2024

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.

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Efficiency Procurement Data Supply Chain 52

VWV

SEPTEMBER 12, 2024

The Cabinet Office has advised that the go-live date for the Procurement Act 2023 has been delayed into 2025. We have now had official confirmation from the Cabinet Office that the go-live date for the Procurement Act 2023 will be delayed until 24 February 2025, almost a 4 month delay. Alternatively, you can fill out the form below.

Procurement 52

Procurement Tender Procurement Team Public Procurement 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

What makes KPIs so vital to Procurement? 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

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In the past, the main focus for most companies was profit, but more and more companies now understand and value ethical procurement. In this post, we explore what ethical procurement means and why it is so important.

Ethics 52

Ethics Import Procurement Supply Chain 52

ivalua

SEPTEMBER 8, 2015

Accenture’s recently published “ Is Yours a Procurement Organization of One? provides a bold look into the near future of procurement organizations. This is a mindset shift for procurement teams, but it should not be such a stretch. Becoming “one” with the business as an embedded team.

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Procurement Supplier Procurement Team Innovation 59

Scottish Government Procurement

MARCH 6, 2024

Come along to meet with procurement teams, buyers and supply chains to learn about upcoming projects and tender opportunities across Scotland and the UK. The post Meet The Buyer 2024 brings businesses together for Scotland’s largest free procurement event appeared first on Public Procurement and Property.

Buyers 62

Buyers Procurement Supply Chain Supplier 62

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10