How to Crack a Nut

JANUARY 13, 2025

The plan heavily focuses on public sector AI adoption and formulates a series of recommendations to boost AI procurement. In this post, I highlight some aspects from a procurement perspective. But doing this well is not easy - it will require real leadership and radical change, especially in procurement. This will require: 34.

Procurement 64

Procurement Tender Supplier Innovation 64

Inter-American Development Bank

OCTOBER 31, 2024

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

Open Contracting Partnership

DECEMBER 2, 2024

It all starts with procurement. Mexico City has devised an efficient, participatory, and transparent approach to seek input from potential suppliers and the public on draft contracting documents before a formal call to tender is announced. Their comments are all published on the site, along with any responses from the procuring entity.

Collaboration 57

Collaboration E-procurement Tender Bidding 57

Oxford College of Procurement and Supply

JANUARY 14, 2025

Procurement is all about achieving value for money. In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. Price forms part of cost, and cost is what we should be benchmarking, therefore in procurement areas such as the following should be regularly checked against standards.

Supplier 59

Supplier Supply Chain Price Procurement 59

The Procurement ClassRoom

MAY 11, 2024

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. Effectiveness in Public Procurement Effectiveness in public procurement measures the degree to which procurement activities meet their intended objectives and outcomes.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Today, many US businesses proudly maintain robust supplier diversity programs. .

Supplier 98

Supplier E-procurement Ethics Supply Chain 98

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Supplier 68

Supplier Innovation Procurement Consumer Demands 68

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. Media Contact. Tom Reynolds / Robert Fretwell. 0207 436 0420.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

Open Contracting Partnership

OCTOBER 30, 2023

Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. Finally, the Anti-Corruption Agency is proactively supporting the development of civic monitoring and has agreed to cooperate with the civil society coalition to monitor procurement.

Procurement 120

Procurement E-procurement Public Procurement Corruption 120

The Procurement ClassRoom

JUNE 2, 2024

Introduction This article is based on the review of standard bidding documents from several organizations including the World Bank , Millennium Challenge Corporation , the Public Procurement and Concession Commission of the Republic of Liberia , and Public Procurement Authority of Ghana.

Public Procurement 91

Public Procurement Bidding Procurement Bidder 91

GovSpend

FEBRUARY 29, 2024

In a recent webinar hosted by GovSpend Relationship Manager and SLED expert Paige Mockler, procurement professionals were shown how to leverage GovSpend’s public sector intelligence to meet their procurement goals. The post Webinar Recap: 5 Ways GovSpend Can Help SLED Agencies Meet Procurement Goalss appeared first on GovSpend.

Procurement 105

Procurement Purchasing Price Bidding 105

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. on time payments) and spend visibility.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

ivalua

AUGUST 10, 2015

The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.

Automotive 63

Automotive Supplier Manufacturing Quality 63

Oxford College of Procurement and Supply

OCTOBER 25, 2024

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.

Supplier 52

Supplier Supply Chain Ethics Sustainability 52

ivalua

JANUARY 27, 2021

27, 2021 /PRNewswire/ — Ivalua, a global leader in Cloud Spend Management solutions, and the International Association for Data Quality, Governance and Analytics (IADQGA) today announced a partnership to improve the use of data in procurement and supply chain decisions. REDWOOD CITY, Calif.,

Quality 52

Quality Supply Chain Data Procurement 52

Open Contracting Partnership

OCTOBER 11, 2023

To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.

Data 123

Data Corruption Supplier Public Procurement 123

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. To understand in a fair and effective manner whether a supplier is performing to the required standard we can create and monitor KPIs.

Import 59

Import Procurement Supplier Supply Chain 59

Scottish Government Procurement

MARCH 7, 2024

Updated guidance on Fair Work First (FWF) in Procurement is now available. The purpose of this updated guidance is to support implementation of FWF, the Scottish Government’s policy for driving high quality fair work and workforce diversity across the labour market in Scotland by providing more detailed practical guidance.

Procurement 77

Procurement Tender Public Procurement Sustainability 77

Scottish Government Procurement

DECEMBER 10, 2024

Were pleased to announce the launch of the Fair Work First in Procurement eLearning , designed to help organisations across Scotland embrace Fair Work First a Scottish Government policy aimed at promoting high-quality, fair work and workforce diversity. Whats inside the eLearning? Wed love to hear from you.

E-procurement 49

E-procurement Sustainability Procurement Public Procurement 49

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy.

Supplier 45

Supplier Data Procurement End to End 45

Open Contracting Partnership

AUGUST 28, 2024

Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Data-driven monitoring enables citizens to submit high-quality complaints to authorities. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. Semarang City made a similar agreement in 2023.

Corruption 90

Corruption Data E-procurement Procurement 90

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

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Part I: Building Business Cases and Driving Momentum.

Business Strategy 64

Business Strategy Supplier Supply Chain Ethics 64

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.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

MARCH 3, 2020

Often, we see suppliers to the enterprise participating in the incubators. Yet, these initiatives are rarely owned by Procurement. On the contrary, Procurement often plays the bad cop role, creating barriers to onboard new and innovative suppliers, asking for endless compliance documents, ending the magic of the incubation.

Procurement 72

Procurement Supplier Collaboration Innovation 72

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. Financial Services.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

DECEMBER 8, 2020

Offering customers a market leading source-to-pay platform coupled with powerful supplier discovery, diversity and data enrichment from Tealbook. the ‘Trusted Source of Supplier Data’ today announced a new partnership to provide a seamless experience between Ivalua’s Source-to-Pay Platform and Tealbook’s Supplier Intelligence Platform.

Supplier 11

Supplier Eprocurement Quality Strategic Sourcing 11

ivalua

DECEMBER 17, 2019

Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations. Where Are You on Your Digital Procurement Journey? .

Supplier 52

Supplier Data Procurement Accountability 52

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

Why Benchmarking Matters in Procurement Procurement is all about achieving value for money. But how do you determine whether your suppliers are truly offering the best value? Types of Benchmarking in Procurement The benchmarking approach depends on the objectives and data available. The answer lies in benchmarking.

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. When: Moving the Point of Data Collection.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Perhaps it is time for a more comprehensive description.

Supplier 59

Supplier Leadership Strategic Sourcing Management 59

Open Contracting Partnership

NOVEMBER 19, 2024

A perspective by André Lima, Director for the United States During my three years as the City of Boston’s Director of Supplier Diversity, I often found myself explaining why procurement – this highly technical, often opaque process – matters to everyday people. It can support robust, inclusive economies.

Public Procurement 73

Public Procurement Procurement Balance Quality 73

ivalua

NOVEMBER 13, 2022

Additionally, a crucial part of the selection process was finding partners who shared values of customer centricity and quality, which are central to the company’s identity, to be able to build a long-standing relationship. About Ivalua. Ivalua is a leading provider of cloud-based Spend Management software.

Purchasing 98

Purchasing Retail IT Media 98

GovCon Chamber of Commerce

AUGUST 5, 2024

Register in the HHS Vendor Supplier Portal to rise above your competition. The HHS Vendor Supplier Portal HHS awards approximately $30B to government contractors but there are 12 Operating Divisions in HHS and e ach procures their own goods and services independently. You need to get inside HHS!

Government 111

Government Government E-procurement Buyers 111

Tracker Intelligence

NOVEMBER 4, 2024

Public sector procurement relies heavily on framework agreements as a streamlined purchasing tool for goods and services. Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. What Are Framework Agreements?

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52