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Jim Blastos , formerly vice president of global supplychain at Autocar Trucks, has been named VP of supplychain management at Austal USA. He will oversee procurement, strategicsourcing, warehousing, logistics, material management and production control, the shipbuilder said Monday.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain 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. Work to achieve 100% supplychain visibility.
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.
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Bill Mertz Chief Procurement Officer, Peraton Bill Mertz is responsible for all aspects of the companys procurement organization, including supplychain operations, strategicsourcing and subcontractor management.
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 supplychain teams will play a crucial role in making this vision a reality.
Strategicsourcing is a contemporary approach to supplychain management. In this post, we explain what strategicsourcing is, why it is important and how it can be implemented. In this post, we explain what strategicsourcing is, why it is important and how it can be implemented.
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
The partnership accelerates procurement digital transformation with Ivalua. REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supplychain team, representing the Fire & Emergency, Commercial and Recreation segments.
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 supplychain.
If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. So what does “good” strategicsourcing look like? Good” strategicsourcing….
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
However, few manufacturers ever sit back and ask, “How can our procurement or strategicsourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategicsourcing is the first place to start shaping the customer journey.
Recently I attended a conference for StrategicSourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The latter is of particular importance since second sourcing can often be very expensive in this sector.
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.
Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supplychain variables. . View Webinar Replay.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
attempt to make a point about the relative value of strategicsourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. It involves close collaboration with suppliers, but also with multi-disciplinary teams who represent business stakeholders such as product design, quality, and supplychain.
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?
Massy, France 05 July , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Scandinavian Tobacco Group (STG) has selected and implemented its platform as the foundation for its procurement digital transformation. About Ivalua. Learn more at www.ivalua.com.
This, he said, was an example of using procurement to drive competitive advantage and revenue. By building the marketplace, which is powered by Ivalua technology, JLL’s technology and procurement skills are leveraged for the benefits of their customers. He believes that you must “come with a clear procurement value proposition”.
Over the last 12 months, Ivalua has delivered a significant number of rapid procurement transformations with the help of its expanding ecosystem of advisory and implementation partners. Empowering Procurement and SupplyChain Leaders Across the Globe. 2019 revenue is expected to continue to grow rapidly and exceed $100M.
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Ivalua’s best-of-breed sourcing solution will empower us with the technology to drive sourcing best practices. We look forward to contributing to their Procurement cost optimization initiative”.
Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.
The Coalition for Government Procurement would like to thank everyone who attended and participated in this week’s Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue!
Established in 2006 and privately held, Consus is a global procurement solutions integrator and services provider. The post CG Consus appeared first on Ivalua.
He has built and led successful global supplychain teams that have delivered sustainable bottom line results for Fortune 500 companies. Jon led the largest B2B Network Network allow a company to connect and transact effectively with their supplychain partners. Jon has extensive software and technology experience.
attempt to make a point about the relative value of strategicsourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. It involves close collaboration with suppliers, but also with multi-disciplinary teams who represent business stakeholders such as product design, quality, and supplychain.
It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. But now with strategicsourcing and category management, the process has become much easier to track, monitor and control. Register here for Ivalua NOW Paris.
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Ivalua’s best-of-breed sourcing solution will empower us with the technology to drive sourcing best practices. We look forward to contributing to their Procurement cost optimization initiative”.
This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Assess and mitigate risk across the supplychain.
For procurement and supplychain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supplychains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .
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 strategicsourcing. When: Moving the Point of Data Collection.
O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategicsourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance. Ivalua looks forward to being an integral part of O-I Glass’s procurement transformation journey”. About Ivalua.
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. For more information, visit www.tealbook.com.
We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . Anthony Long, Vice President and Chief Procurement Officer and Mark Krause, Sr. Director StrategicSourcing Digital & Functional Transformation, . Breakout Sessions. 2022 Ivalua NOW D.C.
In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement. Alex Saric, CMO, Ivalua. That is a shocking disparity.
Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategicsourcing processes. About Durvah.
The main categories of risk are covered in Figure 1 to include supplychain, information security, location, CSR or ESG, financials, regulations, quality and reputation. Interestingly, Services organizations actively monitor risk for strategic, direct, IT and onsite suppliers more frequently than manufacturing orgs.
in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
Outside of defense, 5G can enhance supplychain and warehouse logistics, support open standards and strengthen communications while maintaining secure networks. GSA also has increased some of the mobility standards in its Enterprise Infrastructure Solutions contract to allow agencies to procure 5G technologies.
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