ivalua

DECEMBER 1, 2022

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

Art of Procurement

DECEMBER 5, 2022

The post [Pod] Who is responsible for making sure suppliers break even? w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement. In challenging economic times, each company has to eke the most value out of every contract. But are there limitations.

Supplier 88

Supplier Procurement Contract Risk Management 88

ivalua

FEBRUARY 10, 2020

While many leading organizations have developed programs to manage and deal with supply chain disruption, this situation is a unique challenge for even those organizations with advanced risk management programs. Are suppliers struggling financially without access to the Chinese markets, jeopardizing their viability? .

Risk Management 40

Risk Management Supplier Supply Chain Management 40

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. On average, companies in this region plan to invest $1.5

Risk Management 52

Risk Management Supply Chain Procurement Management 52

American City & Country

NOVEMBER 18, 2024

With the responsibility of protecting attendees, crowd control, and maintaining security, procurement teams play a critical role in making sure the staff has everything they need to execute the event. Procurement teams must source reliable security services that can scale up depending on the size and complexity of the event.

Procurement 58

Procurement Procurement Team Supplier Quality 58

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.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

Art of Procurement

OCTOBER 22, 2023

“Developing trustworthy and reliable suppliers is critical to your business, and maintaining those relationships is beneficial to the organization as. The post Achieving Next Level Supplier Relationships appeared first on Art of Procurement.

Supplier 64

Supplier Procurement Risk Management Management 64

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases.

Supply Chain 52

Supply Chain Risk Management Management Supplier 52

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

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

American City & Country

NOVEMBER 18, 2024

When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging.

Supply Chain 105

Supply Chain Supplier Risk Management Inventory 105

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Art of Procurement

DECEMBER 1, 2024

The post Is Supplier Relationship Management the Key to Procurement’s Success? appeared first on Art of Procurement. “If you want to be a customer of choice, it’s not going to come down to the contract, it’s going.

Supplier 52

Supplier Management Procurement Contract 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. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management.

Supplier 58

Supplier Management Supply Chain Procurement 58

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

ivalua

MARCH 16, 2022

Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. .

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk Management 8

Risk Management Supply Chain Management Supplier 8

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 Procurement Team Supplier 69

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 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. How do these organizations build their supplier management programs?

Supplier 52

Supplier Management Supply Chain Sustainability 52

Art of Procurement

JULY 13, 2023

The post Russia’s Wagner Group as Rogue Supplier appeared first on Art of Procurement. On June 23rd, news broke that the Wagner Group, a private militia operating on behalf of Russia in the war.

Supplier 52

Supplier Procurement Risk Management Management 52

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Who Should Own Supplier Master Data? Risk management.

Supplier 40

Supplier Data Management Procurement 40

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.

Efficiency 52

Efficiency Data Procurement Supply Chain 52

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.

Supplier 52

Supplier Management Supply Chain Media 52

ivalua

APRIL 8, 2021

Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.

Supplier 52

Supplier Freight Transportation Transportation 52

ivalua

MARCH 29, 2019

Procurement professionals need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. While profit is of course important, and the procurement goal of cost reduction plays a key role here, “you cannot cut your way to growth” (or ultimate success), as the saying goes.

Supplier 40

Supplier Collaboration Procurement Procurement Team 40

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Follow us on LinkedIn and Twitter.

Supplier 52

Supplier Management Supply Chain Media 52

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

Procurement 59

Procurement Supply Chain Purchasing Supplier 59

Art of Procurement

AUGUST 4, 2024

“What’s interesting in financial services is that third-party risk management is very different than supplier risk management. The post Establishing a Single Source of Truth for Third-Party Risk in Financial Services appeared first on Art of Procurement. When a financial.

Risk Management 52

Risk Management Supplier Management Procurement 52

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Unlocking Supplier-Led Innovation. As organizations become increasingly dependent on suppliers, the potential value continues to increase.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

Art of Procurement

APRIL 4, 2024

The post Even with +1, China is still #1 appeared first on Art of Procurement. China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort.

Supply Chain 133

Supply Chain Buyers Procurement Risk Management 133

ivalua

JUNE 11, 2021

Sustainability is one of the most evolving and growing trends of our time, and it will dominate procurement business discussions well into the foreseeable future. The post Accenture x Bulgari x Ivalua – Five immediate actions to take towards Sustainable Procurement appeared first on Ivalua. Sounds interesting? REGISTER NOW.

Sustainability 52

Sustainability Procurement Risk Management Transparency 52

Select GCR

SEPTEMBER 3, 2024

Navigating sole source procurement? When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

ivalua

APRIL 12, 2022

5 Top Tips: How to Increase Procurement Agility in Financial Services. Procurement plays a key organizational role by ensuring compliance with Third Party Risk Management (TPRM) requirements, optimizing spend value, and leveraging a network of innovative suppliers.

Procurement 52

Procurement Procurement Team Risk Management Supplier 52

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.

Procurement 56

Procurement Supplier Management Buyers 56