The Procurement ClassRoom

MAY 11, 2024

It is concerned with the “what” of public procurement—focusing on procuring goods , services , and works that meet specific requirements, delivered on time, within budget, and at the required quality. This supports not only the public sector entity and its stakeholders but also the broader community.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

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. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

JULY 15, 2020

Following the global climate protests that swept the world in 2019, sustainability rose to become a business priority. In our latest study of UK-based procurement, supply chain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak.

Sustainability 52

Sustainability Supply Chain Supplier Collaboration 52

Tracker Intelligence

NOVEMBER 14, 2024

Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52

The Softly Spark

AUGUST 24, 2023

Contributing Author: Anushka Musinipally Wayfair’s Shop Sustainably program presents an opportunity to showcase sustainable home goods products to eco-conscious consumers, increasing the chances that they will be viewed by customers. They welcome all suppliers–no matter how big or small.

Sustainability 52

Sustainability Supplier Retail Purchasing 52

ivalua

MARCH 18, 2021

The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.

Strategic Sourcing 98

Strategic Sourcing E-auction Automotive Total Cost of Ownership 98

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business Strategy 64

Business Strategy Supplier Supply Chain Ethics 64

ivalua

MAY 30, 2023

The vision aims to transform the country into a leading economy, a hub for commercial and cultural activities, and a model for sustainable development. In this blog post, we will explore how sustainable procurement practices can help organizations reduce greenhouse gas emissions and achieve their sustainability goals.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

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

Open Contracting Partnership

APRIL 16, 2025

New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 While some efforts have been made to improve the transparency of these markets, greater access to high-quality data is needed to meaningfully assess their performance. on average in 2021 to 10.23

Procurement 52

Procurement Public Procurement Tender E-procurement 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

MARCH 16, 2020

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. The goal was to increase efficiency across the Group’s Business Areas.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

The Softly Spark

JANUARY 13, 2025

Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Recommendation: Partner with suppliers who prioritize sustainability.

Sustainability 52

Sustainability Transparency Retail Education 52

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Supplier 52

Supplier Retail Integration Integrity 52

Scottish Government Procurement

FEBRUARY 1, 2024

Background “Scottish Government’s vision for public participation is that people can be involved in the decisions that affect them, making Scotland a more inclusive, sustainable and successful place” – George Adam MSP, Minister for Parliamentary Business, 2023.

Framework Agreement 77

Framework Agreement Participation Supplier Public Procurement 77

Scottish Government Procurement

MARCH 7, 2024

The purpose of this updated guidance is to support implementation of FWF, the Scottish Government’s policy for driving high quality fair work and workforce diversity across the labour market in Scotland by providing more detailed practical guidance. This replaces the previous Best Practice Guidance and Toolkit published in 2018.

Procurement 77

Procurement Tender Public Procurement Sustainability 77

GovSpend

FEBRUARY 29, 2024

In her example, she reviewed different tire suppliers and demonstrated how historical PO data showed that one supplier had a long history of working with over 100 agencies, making that the clear winner of her business.

Procurement 105

Procurement Purchasing Price Bidding 105

Tracker Intelligence

NOVEMBER 4, 2024

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability.

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

MARCH 31, 2020

This is because organizations continue to face challenges when it comes to harnessing technology in procurement, with existing systems not being fit for purpose (36%), poor data quality reducing trust in information (36%) and staff having inaccurate expectations of what technology can do (34%).

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

Tracker Intelligence

FEBRUARY 12, 2025

Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. The contracting authority or government agency sets the rules, picks the best supplier, and ensures everything runs smoothly.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

Oxford College of Procurement and Supply

MAY 28, 2024

As procurement professionals we spend a lot of time categorising our products, services and suppliers. But do we take enough time in understanding how our suppliers see us? By using the Supplier Preferencing Matrix we can start to understand where we fit in the suppliers’ opinions.

Supplier 59

Supplier Supply Chain Procurement Accountability 59

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52

Open Contracting Partnership

APRIL 1, 2024

Image Credit: Nadia Cruz / Institute for Climate and Sustainable Cities Top findings Here are some of their discoveries. Seven suppliers were awarded contracts. Over 50% of the total award value (PHP 573 million) was awarded to one supplier (Philippine Chemsteel Industries, Inc).

Budget 136

Budget Transportation Transportation Bidder 136

Tracker Intelligence

FEBRUARY 22, 2025

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Open Contracting Partnership

MARCH 8, 2024

Although we have come a long way, the gaps still exist and to realize inclusive economies and sustainable development globally, we must #InspireInclusion. When given opportunities, these businesses excel in delivering quality and innovation. of suppliers of large value contracts have mostly women on their management teams.

Government Contracts 80

Government Contracts Leadership Government Government 80

Open Contracting Partnership

OCTOBER 30, 2023

But, with millions of contracts awarded every year, they couldn’t manually check the VAT status of every supplier. Adildik Joly alerted the suppliers that they’d been caught out, and with sustained pressure, the companies voluntarily returned the stolen funds. When Datanomix were approached by Adildik Joly, the redflags.ai

Procurement 120

Procurement E-procurement Public Procurement Corruption 120

ivalua

SEPTEMBER 22, 2022

Almost all UK businesses say sustainability-led innovation has become a priority, but most lack plans to improve the sustainability of goods and services. In light of rising gas and oil prices, there should be a renewed focus on sustainable innovation, and identifying how being greener could cut costs.

Supply Chain 52

Supply Chain Sustainability Supplier E-procurement 52

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

Tracker Intelligence

MARCH 16, 2025

In the UK, public procurement is essential to providing high-quality public services. Through customised insights and tender notifications that link them to public sector contract possibilities and government procurement organisations, Tracker Intelligence assists suppliers in navigating this difficult market.

Public Procurement 52

Public Procurement Procurement Tender Eprocurement 52

ivalua

FEBRUARY 24, 2021

“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.

Supply Chain 64

Supply Chain Procurement Sustainability Supplier 64

ivalua

AUGUST 17, 2022

O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance. Ivalua is a leading provider of cloud-based Spend Management software.

Buying Process 52

Buying Process Supplier IT Supply Chain 52

ivalua

APRIL 22, 2021

This has led many companies to consider diversifying their networks to include more onshore suppliers in order to reap the benefits of having a supply chain that’s a bit closer to home. . In many cases, international markets have different environmental and ethical regulations when it comes to how suppliers operate and treat their employees.

Supply Chain 52

Supply Chain Supplier Freight Ethics 52

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. For many it’s likely that the opportunity is much larger.

Supply Chain 87

Supply Chain Distribution Strategic Sourcing Quality 87

ivalua

APRIL 13, 2021

Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

AUGUST 21, 2022

First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers. Take action with suppliers. Lever 1: Engage the suppliers with the highest emissions. Coordination between major customers and their suppliers, such as “1.5°C

Supplier 52

Supplier Supply Chain Purchasing Buyers 52