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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

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Microsoft and GSA enter agreement to address federal IT acquisition

FedScoop

In a March report following that incident , the CSRB found that Microsofts operational and strategic decisions pointed to a corporate culture that deprioritized both enterprise security investments and rigorous risk management.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

When local governments purchase technology, it’s crucial they understand the unique constraints and responsibilities they face. Here are a few more skills Cunningham feels belong on the IT purchasing team: project management, financial analysis and communication skills.

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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. Understanding Supplier Risk Management. Managing Risk at Every Step.

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The Key Pillars of Third-Party Risk Management

ivalua

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.

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

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. How do these priorities impact the digital roadmap and future investments? Will digitization improve performance?

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Ivalua Launches Enhanced Third-Party Risk Management Capabilities

ivalua

Backed by a powerful technology platform, the industry’s most-trusted methodology and a global team of domain experts, EcoVadis sustainability scorecards provide insight and engagement tools to mitigate risk, drive improvements and create value across 198 purchasing categories globally.