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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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How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management)

Art of Procurement

Strategic sourcing is one of the foundations of modern procurement. The post How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management) appeared first on Art of Procurement. When executed well, it’s about holistically managing the entire acquisition.

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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. 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.

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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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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. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented.

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Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. This magnifies drastically when you multiply across all of sourcing, as well as suppliers, engineers, and managers. Think about all the emails you send, quotes you submit, analyses you save.

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What Does “Good” Look Like: Strategic Sourcing

ivalua

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. If Procurement follows a Strategic Sourcing process flow like a checklist, then all Strategic Sourcing projects will start and end in the same way.