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What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

Strategic sourcing is a contemporary approach to supply chain management. It formalises the gathering, analysis and application of information to assist companies in aligning their purchasing strategy with their goals and securing the best possible value. What is strategic sourcing?

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

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Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract

ivalua

The platform gives us and our business colleagues full control of our indirect purchasing operations, allowing us to better measure supplier performance, improve user experience, and boost overall efficiency”. Learn more at www.ivalua.com. Follow us at @Ivalua. Global Media Contact. Corporate Communications media@ivalua.com.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process. Tom Reynolds / Robert Fretwell. 0207 436 0420.

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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

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Want to be a Strategic Sourcing Rising Star? Think New Products.

ivalua

If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. The needs and desires of the purchasing public (business or consumer) quickly evolve and change. The post Want to be a Strategic Sourcing Rising Star?

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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

There isn’t a place for procurement and its stakeholders to build solicitations and RFPs collaboratively, no place for suppliers to see your solicitations or submit bids, no support for sealed bids, no bid evaluation tools, and no integrated way to track internal and external communication that may be needed later to support a purchasing decision.