ivalua

MAY 11, 2021

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

Risk Management 52

Risk Management Supply Chain Procurement Management 52

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. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. ESG Objectives for Buyers.

Sustainability 52

Sustainability Buyers Supplier E-procurement 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

JANUARY 8, 2023

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

Federal News Network

MAY 14, 2024

That’s because as part of its new approach to software modernization, the Army is rethinking what sustainment means. We really are trying to modernize and streamline those as well as changing the way we think about sustainment because software is really never done. We’re going to sustain them for a long period of time.

Sustainability 120

Sustainability Evaluation Inventory IT 120

Art of Procurement

DECEMBER 21, 2023

With all the recent buzz about electric vehicles (EVs), not to mention the push towards sustainability and emissions reduction, it. The post Troubling Times for Electric Trucking appeared first on Art of Procurement.

Sustainability 90

Sustainability Procurement Risk Management IT 90

Art of Procurement

MARCH 1, 2024

Procurement has undergone a significant evolution, embracing responsibilities in margin protection, supply continuity, risk management, sustainability, and innovation. Yet, despite. The post Redefining Procurement’s Value and Shifting Mindsets appeared first on Art of Procurement.

Risk Management 52

Risk Management Sustainability Procurement Innovation 52

FedScoop

JUNE 5, 2024

That means that when we deploy and build something, it has to be sustainable.” At the time it was created, Miller said, the panel established a number of ethical controls similar to that of the National Institute of Standards and Technology’s Risk Management Framework.

Ethics 113

Ethics Transparency Innovation Inventory 113

Great Government Through Technology

JANUARY 14, 2025

Managing flood risks A federal agency responsible for flood risk management can use EOS to create and update floodplain maps. Communities can develop targeted mitigation strategies and evacuation plans based on accurate flood risk information. SAR can map crop types and track their growth.

Competitive Bidding 40

Competitive Bidding Data Integration Integrity 40

AWS Public Sector

MAY 24, 2024

In today’s rapidly evolving technological landscape, US government customers face numerous challenges in modernizing the design, building, testing, and sustainment of the next generation of major weapon systems. Organizations have relied on a systems engineering approach to design complex systems.

Engineering 78

Engineering Data Risk Management Integration 78

Tracker Intelligence

NOVEMBER 20, 2024

Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

MARCH 31, 2020

. “As we can see from more digitally advanced procurement departments, technology adoption has helped them to align with business objectives, actively measure performance and add value in areas such as risk management. Their investments and approach to leveraging technology is building a competitive advantage.”

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

Select GCR

DECEMBER 3, 2024

This incremental approach allows businesses to grow sustainably while meeting the stringent requirements of government agencies. Effective contract management involves balancing compliance, risk management, and performance monitoring to ensure successful service delivery.

Bidding 52

Bidding Government Government Buyers 52

Tracker Intelligence

FEBRUARY 22, 2025

Following these principles will allow for public sector entities to make informed decisions which will drive competition and the most advantageous combination of cost, quality and sustainability. Transparency, fair competition and also robust contract management are required to ensure that public money is being spent responsibly.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

ivalua

JULY 22, 2015

Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing.

Strategic Sourcing 58

Strategic Sourcing Supplier Supply Chain Manufacturing 58

Art of Procurement

OCTOBER 13, 2024

“What we are seeing is companies have made the decision that they believe being more sustainable is good business. Therefore, The post ESG Risk: Hiding in Plain Sight? appeared first on Art of Procurement.

Sustainability 52

Sustainability Procurement Risk Management Supplier 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain 52

Supply Chain Sustainability Supplier Balance 52

Inter-American Development Bank

MARCH 7, 2023

Spending, taxation, public investment, debt management and financing policies can contribute to transform the behavior of different economic actors. It is therefore important to promote a well-planned transition that will result in a more robust growth path and sustainable development, thus contributing to fiscal sustainability.

Finance 52

Finance Price Sustainability Capacity 52

ivalua

AUGUST 1, 2022

In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . Integrated or Holistic Supplier Management creates sustained value. Embarking on a sustained value journey.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

OCTOBER 27, 2020

The platform will deliver a range of benefits to JFC, including improved governance and auditability, more efficient procurement processes, more informed analysis and decision-making, proactive risk management, improved supplier qualification and collaboration and better compliance with contracts and policies.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

ivalua

MARCH 24, 2022

Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions. Suppliers are key to addressing many of today’s top issues, such as improving supply chain resilience, accelerating innovation, and improving sustainability.

Supplier 52

Supplier Management Supply Chain Media 52

Federal News Network

JANUARY 2, 2024

New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging. So supply chain risk management and elimination becomes a very important discipline. If you want to grow into sustainability, you can have specialization in sustainability.

Supply Chain 90

Supply Chain Balance Supplier Data 90

ivalua

APRIL 13, 2021

Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability. For example, supply chains may have to be adjusted to support new company sustainability or other CSR policies. Manage categories like a financial portfolio.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

SEPTEMBER 26, 2019

Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. Many countries have also introduced new regulations on sustainability (modern slavery, conflict minerals), or diversity, which add new risk factors in terms of compliance.

Supply Chain 40

Supply Chain Risk Management Management Supplier 40

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. Early indication in this situation would be key to risk management.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

JANUARY 30, 2023

It will also ensure that supplier profiles are enriched with sustainability data. Many Procurement leaders are already taking bold steps towards sustainability by integrating Scope 3 emissions management into their operations. Ensure emission data is readily accessible across the source-to-pay process.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

JANUARY 30, 2023

It will also ensure that supplier profiles are enriched with sustainability data. Many Procurement leaders are already taking bold steps towards sustainability by integrating Scope 3 emissions management into their operations. Ensure emission data is readily accessible across the source-to-pay process.

Procurement 52

Procurement Supplier Category Management Purchasing 52

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

JANUARY 20, 2016

Manufacturers who master collaboration both internally and with suppliers will gain a sustainable advantage. Risk management. Assessing, understanding, and managing risk must become a core competency. No manufacturing experience required! Collaboration skills. Collaboration needs to become part of your culture.

Manufacturing 40

Manufacturing Supplier Collaboration Risk Management 40

ivalua

MARCH 31, 2020

Only 16% of beginners proactively monitor suppliers’ contracts for expiration and risk, versus 94% of advanced – this is critical for helping organisations manage today’s global supply chain challenges, such as the Coranavirus outbreak. “ Their investments and approach to leveraging technology is building a competitive advantage. ”.

Procurement 52

Procurement Supply Chain Procurement Team Supplier 52

ivalua

JULY 7, 2020

Where a business directs its spend can make the difference between an unsustainable imbalance and a sustainable balance to develop society, the environment and the economy equally. I strongly believe (and hope) we’ll see more and more organizations taking a stronger stance on this issue. This is the opportunity to show real business value.

Supply Chain 52

Supply Chain Balance Supplier Procurement 52

ivalua

APRIL 8, 2021

Solutions that unify supplier records and combine 3 rd party, supplier provided and internal data provide accurate view of supplier risk. By including sub-tier risk and enabling visualization at a category level, you can improve your risk management. That can make total cost be competitive.

Supplier 52

Supplier Freight Transportation Transportation 52

ivalua

SEPTEMBER 10, 2020

We are proud to have helped the majority of Nordic global companies to increase collaboration, improve risk management and act more sustainable. Stretch help our clients to increase the contribution from procurement. Our approach is to provide both world class solution consulting and business advisory services.

Procurement 40

Procurement Eprocurement Consulting Risk Management 40

ivalua

MAY 18, 2022

Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. Effective risk management or improvement plans must include sub-tier suppliers. Yet visibility is broadly woeful, leaving organizations exposed and blind. meet requirements and share more information.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Federal News Network

AUGUST 20, 2024

And experts said merely withdrawing the technical assessment, which the Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO-MLB) asked for as part of its risk management strategy, doesn’t offset the critical findings. The Navy asked for $22 million , a $15.6 million increase, for fiscal 2025.

Procurement 117

Procurement Electronics Contract Evaluation 117

ivalua

MAY 9, 2023

As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

ivalua

JUNE 2, 2016

CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Sustainability.

Supply Chain 45

Supply Chain Procurement Supplier Global Sourcing 45