Remove Purchasing Remove Supplier Negotiation Remove Supply Chain
article thumbnail

Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Yet in 2020, over two million people purchased goods online.

Retail 52
article thumbnail

Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services.