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.

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Procurement Procurement Team Supply Chain Quality 52

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

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.

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Import Procurement Supplier Supply Chain 59

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.

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Public Procurement Procurement Tender Bidding 52

ivalua

OCTOBER 18, 2022

In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. 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. Below, Improve Data Quality.

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Transparency Supply Chain Data Procurement 52

Tracker Intelligence

FEBRUARY 12, 2025

The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.

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American City & Country

SEPTEMBER 18, 2024

No question, government procurement is different from acquisitions outside the public sector, Cunningham believes. Here are a few more skills Cunningham feels belong on the IT purchasing team: project management, financial analysis and communication skills. Prioritize stakeholder engagement, including community input.

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Purchasing Total Cost of Ownership Government Government 110

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

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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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

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?

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Procurement Supply Chain E-procurement Procurement Team 52

ivalua

JULY 8, 2020

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

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Supply Chain Procurement Procurement Team Supplier 10

ivalua

OCTOBER 13, 2022

However, the report, produced by Procurement Leaders in partnership with Ivalua, shows that only 31% of procurement professionals said they are satisfied or very satisfied with their organization’s current visibility over its supply chain. About the research.

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Supply Chain Transparency Procurement Procurement Team 52

The Procurement School

AUGUST 11, 2023

Outsourcing procurement services can have an immediate effect on the efficiencies of operations. It could be unfair to compare a procurement department’s efficiencies to those of an outsourced service; however, the comparison would consider the advantages of accessing a more efficient operation provided by a 3 rd party service provider.

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Efficiency Balance Procurement E-procurement 52

ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. In 2022, it generated a revenue of €4.400 billion. Learn more at www.ivalua.com.

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Eprocurement Procurement IT E-procurement 52

Tracker Intelligence

MARCH 16, 2025

In the UK, public procurement is essential to providing high-quality public services. Companies wishing to work with public sector organisations must know who the key players in public procurement are. These players administer public contracts, establish procurement regulations, and influence the procurement environment.

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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.

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Procurement Tender Public Procurement Supplier 52

Tracker Intelligence

DECEMBER 16, 2024

Competition in public procurement is not limited to financial competition; it is a key source of innovation and guarantees the fair allocation of public contracts. This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement.

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ivalua

OCTOBER 24, 2022

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. “Our

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Supply Chain Procurement Procurement Team Supplier 40

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. Can the software grow with you as your needs change?

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Public Procurement Procurement Transparency Supplier 52

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.

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Procurement Supply Chain Supplier Consumer Demands 52

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

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Procurement Supply Chain Supplier Manufacturing 52

The Procurement School

SEPTEMBER 15, 2023

Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.

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Procurement Bidder Procurement Strategies Evaluation 52

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain.

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Supply Chain Manufacturing Collaboration Supplier 52

American City & Country

AUGUST 29, 2024

Across the country, state and local procurement teams are taking up the call to expand electric vehicle (EV) infrastructure. Meeting the inherent challenges of EV procurement Despite the clear benefits, procuring and deploying EV infrastructure is not without its challenges.

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Procurement Team Total Cost of Ownership Sustainability TCO 52

American City & Country

SEPTEMBER 24, 2024

However, he quickly identified a major hurdle: the town’s procurement process was hampering his team’s productivity and efficiency. With such a broad scope of duties and limited resources, the team struggled to keep up with the demands of the procurement process. personnel hours to complete a solicitation project.

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Purchasing IT Supplier Negotiation Efficiency 58

ivalua

APRIL 12, 2019

Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value. So, is AI the light at the end of the tunnel for overworked procurement functions? Alex Saric, the CMO of Ivalua, started with the context for AI.

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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.

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Innovation Management Quality Automotive 9

ivalua

DECEMBER 21, 2021

Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. Our total workforce of 24,000 employees serve 1.9 More information is available at www.fcl.crs and www.co-op.crs. About Ivalua. About TealBook.

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ivalua

APRIL 23, 2021

At a recent roundtable with The Manufacturer magazine, the benefits of cross functional collaboration for procurement was raised as a discussion point for the session. . One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation.

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Collaboration Automotive Supplier Procurement Team 52

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

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Supply Chain Supplier Collaboration Transparency 52

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. While Procurement might not consider these relationships strategic, they are critical nonetheless. Doug Keeley, Product Marketing Manager, Ivalua. Healthcare.

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Supplier Management Supply Chain Procurement 58

Tracker Intelligence

MARCH 28, 2025

New opportunities in the public sector contracts and procurement process begin with finding the right tender opportunities. Public sector procurement information and contracts are available through both free and paid tender search engines. Your answer will depend on your business size, sector and procurement goals.

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ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

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Supplier Automotive Supply Chain Data 40

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

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ivalua

MAY 21, 2020

Dawn will be presenting a thought-leader keynote titled “Leadership in Uncertain Times” at Ivalua NOW , the premier virtual event for procurement leaders, on May 5. 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.

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