Oxford College of Procurement and Supply

AUGUST 23, 2023

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.

Strategic Sourcing 52

Strategic Sourcing Import Total Cost of Ownership IT 52

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. ABOUT CONSUS GLOBAL.

Supply Chain 52

Supply Chain Efficiency Strategic Sourcing Competitive Bidding 52

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply Chain 52

Supply Chain Supplier Procurement Team Freight 52

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 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. And this is exactly where sourcing and supply chain professionals can make a name for themselves. The post Want to be a Strategic Sourcing Rising Star?

Strategic Sourcing 49

Strategic Sourcing Supply Chain Manufacturing Price 49

ivalua

MARCH 24, 2021

Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. These platforms bring key stakeholders together to address customer expectations, regulation compliance, supply risks, and much more. Digitization Benefit #2: Strategic Sourcing Alignment.

Supply Chain 52

Supply Chain Manufacturing Collaboration Supplier 52

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 45

Strategic Sourcing Supplier Procurement Price 45

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

American City & Country

NOVEMBER 18, 2024

Strategic procurement is more than just buying goods and services—it’s about creating value, optimizing resources, and aligning purchasing decisions with organizational goals. In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

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.

Strategic Sourcing 40

Strategic Sourcing Supplier Management Supply Chain 40

ivalua

MAY 30, 2023

Procurement and supply chain teams will play a crucial role in making this vision a reality. Developing and executing category strategies is critical to effective strategic sourcing. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

MARCH 11, 2015

In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally.

Supply Chain 40

Supply Chain Global Sourcing Networking Management 40

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. The latter is of particular importance since second sourcing can often be very expensive in this sector. The post Are you a Supply Chain Visionary Vick or Laggard Larry? Time is Money. Settle no more!

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

AUGUST 18, 2015

If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

Supplier 69

Supplier Manufacturing 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. It involves close collaboration with suppliers, but also with multi-disciplinary teams who represent business stakeholders such as product design, quality, and supply chain.

Supplier 59

Supplier Leadership Strategic Sourcing Management 59

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 40

Supply Chain Management Supplier E-procurement 40

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

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. It involves close collaboration with suppliers, but also with multi-disciplinary teams who represent business stakeholders such as product design, quality, and supply chain.

Supplier 40

Supplier Leadership Strategic Sourcing Management 40

FedInsider

OCTOBER 10, 2023

But it also has value far away from the battlespace, such as 5G efficiencies in supply chain and warehouse logistics and support for open standards while maintaining secure networks. and its allies and partners.

Networking 140

Networking Participation Inventory Management Warehouse 140

ivalua

NOVEMBER 25, 2019

He has built and led successful global supply chain teams that have delivered sustainable bottom line results for Fortune 500 companies. Jon led the largest B2B Network Network allow a company to connect and transact effectively with their supply chain partners. Jon has extensive software and technology experience.

Supply Chain 8

Supply Chain Strategic Sourcing Business Strategy Electronics 8

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

Tracker Intelligence

NOVEMBER 20, 2024

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. 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

AUGUST 18, 2015

If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

Supplier 40

Supplier Collaboration Manufacturing Supply Chain 40

ivalua

MAY 15, 2020

JLL have been rethinking their own global supply chains, even partnering to set up a whole new hand sanitiser facility when sourcing that item became difficult ! He gave us four final takeaways: Investment in digital capability is necessary to achieve sustainable strategic sourcing , which delivers the return on investment.

Procurement 52

Procurement Supply Chain Strategic Sourcing Category Management 52

ivalua

AUGUST 17, 2021

It includes internal and external stakeholders, such as those from procurement, engineering, logistics, accounts payable, the supply chain management team, as well as the suppliers that make up the supply chain. Direct Procurement is made up of a series of related processes that span the full product lifecycle.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

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.

Buying Process 52

Buying Process Supplier IT Supply Chain 52

ivalua

AUGUST 16, 2021

They are integral partners that require management to reduce supplier risk, improve supplier performance, and foster supplier collaboration across the entire supply chain and throughout the complete supplier lifecycle. . Improve visibility across all levels of the supply chain. Drive competition and achieve savings.

Supplier 52

Supplier Management Supply Chain Risk Management 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 Procurement Participation Professional Services 59

ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. For Procurement and Supply Chain leaders, while this is very likely not a foreign concept, it is likely that they have not had the opportunity to fully execute on a strategy to be more resilient to external events.

Supply Chain 52

Supply Chain Balance Supplier Procurement 52

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 Purchasing Strategic Sourcing 40

ivalua

APRIL 1, 2019

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. Procurement knows supplier information is useful and important, and that it needs to be cleansed and standardized after we collect it.

Supplier 53

Supplier Management Supply Chain Strategic Sourcing 53

ivalua

DECEMBER 1, 2022

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. This is precisely where organizations see the benefits of a TPRM program built into or working seamlessly with a Strategic Sourcing or Source-to-Pay solution.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

ivalua

SEPTEMBER 20, 2021

Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes.

Collaboration 52

Collaboration Supplier Contract Supply Chain 52

ivalua

NOVEMBER 18, 2020

For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supply chains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .

Supply Chain 52

Supply Chain Supplier Collaboration Procurement 52

ivalua

APRIL 19, 2022

Director Strategic Sourcing Digital & Functional Transformation, . Deploying Data Integrity across the Supply Chain Cycle, IADQP + Cleveland Clinic. Anthony Long, Vice President and Chief Procurement Officer and Mark Krause, Sr. Evolution to Accommodate Growth, Navy Federal Credit Union.

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. I believe one should not be greedy and openly collaborate with strategic suppliers early and often. It is sage advice.

Supply Chain 40

Supply Chain Supplier Real-time Visibility Negotiation 40

ivalua

DECEMBER 19, 2019

in “ The Forrester Wave™: Source-to-Contract Suites, Q4 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