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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 strategicsourcing process.
Since its inception in the late 1980s, strategicsourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategicsourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategicsourcing. Leading manufacturers have proven that best-in-class strategicsourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.
Army sustain and upgrade its command, control, communication, computers, cyber, intelligence, surveillance and reconnaissance hardware systems under a potential $267 million follow-on indefinite-delivery/indefinite-quantity contract. Leidos (NYSE: LDOS) will help the U.S.
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.
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 strategicsourcing process. Tom Reynolds / Robert Fretwell. 0207 436 0420.
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 strategicsourcing.
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.
Army with technology-enabled services, including hardware sustainment, modernization, refresher training and logistics support. The Responsive StrategicSourcing for Services indefinite delivery, indefinite quantity task order has a base period of 11 months, and a maximum value of $267 million if all four 1-year options are [.]
The customised and curated unique “Learning Journey” in the event is aimed to help companies START, SCALE and SUSTAIN their adoption of Industry 4.0 Ivalua StrategicSourcing. I valua Complete Source to Pay. processes and solutions. Eric Seah, Sales Director APAC. Louis Wong, Solutions Consulting, APAC.
If you work in strategicsourcing and supplier management, supplier collaboration enables you to achieve (or beat!) The value created here is a higher return on innovation investments, product leadership in the market, and top-line revenue growth. the bill-of-materials target cost through the entire product lifecycle. Planning.
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.
Quite often there can be a general lack of spend and vendor management and strategicsourcing activities. To paint a somewhat simple picture: The basics may involve simply building up internal sourcing expertise and addressing basic indirect spend. Establishing processes to identify and capture savings by category.
O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategicsourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance.
Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions. With this capability, procurement departments can keep abreast of market trends and utilise strategicsourcing opportunities.
He has built and led successful global supply chain teams that have delivered sustainable bottom line results for Fortune 500 companies. Specialties: Jon specializes in Cloud Technologies, Supply Chain Strategy, StrategicSourcing and Procurement, and electronic payments. Jon has extensive software and technology experience.
He focused initially on sourcing and category management, because that would give the biggest return on investment as the firm moved from contract administration, to tactical sourcing, to true CatMan and strategicsourcing. Simplification of systems and tools was a key part of the programme. Rogers had no less than 10 (!)
Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies.
If you work in strategicsourcing and supplier management, supplier collaboration enables you to achieve (or beat!) The value created here is a higher return on innovation investments, product leadership in the market, and top-line revenue growth. the bill-of-materials target cost through the entire product lifecycle. Planning.
“We’d like to thank FCL for their trust and our partners for a rapid deployment of this innovative solution that helps avoid supply disruptions in times of crisis, improve the quality and efficiency of savings from strategicsourcing, but also drives supplier innovation and enhances ESG programs“, said Dan Amzallag, Ivalua’s COO.
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 StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
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 StrategicSourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
Director StrategicSourcing Digital & Functional Transformation, . This year, we’ve invited a wide array of industry thought leaders to join 6 expert panels covering Data Integrity, Sourcing Optimization, Sustainable Procurement, Finance Procurement, Public Procurement, and Federal Procurement. . Breakout Sessions.
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. Technologies such as strategicsourcing, procure-to-pay or full source-to-pay that are instrumental in managing spend must empower versus limit.
Sprint’s strategicsourcing transformation, presents a great example, in multiple ways. First, their approach digitized not just the sourcing process itself, but also requirements gathering from the business, providing transparency into the pipeline and prioritization across the company.
And the advent of 5G Advanced supports new use cases and verticals, such as extended-reality (XR) devices, sustainable network design, quantum communication, and new models for edge/fog computing.
To get it right takes many disciplines including having the right strategicsourcing processes, understanding your supply chain strategy and also increasingly incorporating ESG principles into your business with sustainable procurement and responsible sourcing. .
To effectively address the key goals in an effective, sustainable way requires a collaborative approach – thinking of customers and suppliers as partners. And 91% of advanced organizations managed all spend via category management and strategicsourcing processes vs. 16% of beginners.
GAO sustained the protest. [1] Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals. 1] At no point had the agency assessed whether two or more small businesses could comply with the NMR.
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