ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

NOVEMBER 27, 2019

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.

Strategic Sourcing 59

Strategic Sourcing Supplier Procurement Price 59

ivalua

NOVEMBER 25, 2015

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. Suppliers are experts in their domain.

Strategic Sourcing 40

Strategic Sourcing Supplier Management Supply Chain 40

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

ivalua

JULY 22, 2015

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.

Strategic Sourcing 58

Strategic Sourcing Supplier Supply Chain Manufacturing 58

ivalua

JULY 15, 2015

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.

Strategic Sourcing 58

Strategic Sourcing Total Cost of Ownership Cost of Ownership Supplier 58

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply Chain 52

Supply Chain Management Supplier E-procurement 52

ivalua

NOVEMBER 19, 2015

If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. For example, bad supplier choices can hurt your company’s reputation, lead to production line shutdowns, and contribute to loss of profits. Let’s start with pricing.

Strategic Sourcing 49

Strategic Sourcing Supply Chain Manufacturing Price 49

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. Innovating.

Manufacturing 69

Manufacturing Supplier Collaboration Supply Chain 69

ivalua

JULY 27, 2015

attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. It means turning your supplier relationships into a competitive advantage that enables you to win in the market.

Supplier 59

Supplier Leadership Strategic Sourcing Management 59

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 Integrity Integration Retail 52

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. getting involved early on in the New Product Introduction ( NPI) cycle to ensure suppliers risk is being properly evaluated in production capacity and quality. The post Are you a Supply Chain Visionary Vick or Laggard Larry?

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

ivalua

JULY 27, 2015

attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. I’m going with Supplier Value Management. It means turning your supplier relationships into a competitive advantage that enables you to win in the market.

Supplier 40

Supplier Leadership Strategic Sourcing Management 40

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. Innovating.

Supplier 40

Supplier Manufacturing Collaboration Supply Chain 40

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

JANUARY 13, 2016

But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Early collaboration among engineering, sourcing, and suppliers brings better ideas to the table in terms of product design, features, and costs. Suppliers are always looking to hide sources of cost.

Collaboration 40

Collaboration Supplier Manufacturing Finance 40

ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. Be it stronger support or stricter policies around supplier management for sustainability and diversity or more efforts to improve the communities involved in and around a business. Balancing the Imbalanced.

Balance 52

Balance Supply Chain Supplier Procurement 52

The Coalition for Government Procurement

MAY 13, 2024

Day One Speakers Keynote Speakers: Christine Harada , Senior Advisor, OFPP, OMB Moshe Schwartz , President, Etherton and Associates Panelists: Bonnie Evangelista , Acting Deputy Chief Digital and Artificial Intelligence Officer for Acquisitions, DoD Polly Hall , Senior Advisor to the Chief Procurement Officer, DHS Udaya Patnaik , Chief Innovation (..)

Supply Chain 59

Supply Chain Participation Procurement Professional Services 59

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

Collaboration 52

Collaboration Contract Supplier Supply Chain 52

ivalua

MAY 30, 2023

Procurement and supply chain teams will play a crucial role in making this vision a reality. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools. Sourcing locally is not just beneficial for individual businesses but the entire local economy.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.

Supply Chain 40

Supply Chain Chief Procurement Officer Strategic Sourcing Purchasing 40

ivalua

APRIL 19, 2022

Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers. Director Strategic Sourcing Digital & Functional Transformation, .

Chief Procurement Officer 52

Chief Procurement Officer Eprocurement Supply Chain Procurement 52

ivalua

MARCH 15, 2016

The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. He cautioned us that this was a slippery slope and “You will all need suppliers to save your butt one day, never forget that”.

Supply Chain 40

Supply Chain Supplier Real-time Visibility Negotiation 40

ivalua

DECEMBER 8, 2020

The city of New York adjusting normally cumbersome processes to secure new sources of supply for unprecedented numbers of ventilators. Dankse Bank accelerated supplier payments to help small businesses stay liquid. Sprint’s strategic sourcing transformation, presents a great example, in multiple ways.

Procurement 52

Procurement Supplier Price Leadership 52

ivalua

MARCH 14, 2019

The event is free to attend and aims to attract hundreds of procurement and supply chain professionals to discuss and learn more about the latest industry trends and processes. But now with strategic sourcing and category management, the process has become much easier to track, monitor and control.

Procurement 40

Procurement IT Purchasing Supply Chain 40

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

FEBRUARY 17, 2020

Our customers have seen anywhere between 4-24% cost reduction across a portfolio of initiatives including reduction in procure to pay (P2P) cycle time, increased transparency in the complete procurement life cycle, access to alternate local and global suppliers and effective ways of managing supply chain risks.

Supply Chain 8

Supply Chain Strategic Sourcing Supplier Collaboration 8

ivalua

NOVEMBER 26, 2019

Global automotive component supplier Meritor is a great example. They configured a unique approach to new product introductions (NPI), digitizing their engagement with suppliers, resulting in bringing more products to market faster and with greater profitability, multiplying their stock price over the period. Plan to avoid those.

Procurement 52

Procurement Supplier Automotive Strategic Sourcing 52

ivalua

FEBRUARY 13, 2019

Empowering Procurement and Supply Chain Leaders Across the Globe. New forecast and order collaboration capabilities allow companies to improve collaboration between buyers and suppliers, reducing cycle times and risk of supply chain disruptions. Recognized as a Leader by Analyst Firms.

Supply Chain 14

Supply Chain Strategic Sourcing Buying Process Collaboration 14

ivalua

DECEMBER 19, 2019

Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.

Eprocurement 8

Eprocurement Supplier Strategic Sourcing Contract 8

ivalua

DECEMBER 18, 2019

Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.

Eprocurement 8

Eprocurement Supplier Strategic Sourcing Contract 8

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.

Supply Chain 11

Supply Chain Chief Procurement Officer Purchasing Strategic Sourcing 11

ivalua

DECEMBER 1, 2022

TPRM is the process of identifying, analyzing and mitigating risks related to third parties–including suppliers, partners, contracts, service providers, etc). The main categories of risk are covered in Figure 1 to include supply chain, information security, location, CSR or ESG, financials, regulations, quality and reputation.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

ivalua

JULY 4, 2021

System will improve the experience for employees and suppliers while supporting sustainable growth in shareholder value. The initial scope which was delivered in a 5-month project included Supplier Risk and Performance Management, Sourcing and Contract Management.

Procurement 52

Procurement Strategic Sourcing Supplier Supply Chain 52

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

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 IT Supplier Supply Chain 52