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We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating.
SupplyChain Transformation is ongoing but never more important than in 2021. In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.
As the demands on supplychains continue to increase, so do the expectations of consumers. Supplychains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
The world continues to change and evolve, and supplychains are not excluded from that process. In fact, currently 80% of the carbon footprint comes from the global supplychain. . Now is the time to act, and to engage your supplychain on this important global issue. .
During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. View Webinar Replay. Impact from Covid-19 will be massive.
Procurement and supplychain 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. When you work with local experts and access nearby resources, you can ensure top-quality products.
In this week’s Procurement Leaders webinar recap, we address leveraging the tremendous power of data with Alex Saric, Ivalua’s Chief Marketing Officer and Johan Duba, CTO of Finance at Booz Allen Hamilton. Worth a watch: Webinar replay here. Alex, how did organizations respond to pandemic supplychain issues?
Now is the time to act, and to engage your supplychain on this important global issue. The post IKEA x Capgemini x Ivalua – Why (carbon) net zero starts in procurement & how to incorporate sustainability elements into your supplier management process? Sounds interesting? Sounds interesting? Sign up HERE.
Development Resources and Support MWBE-certified businesses benefit from tailored development support, including access to workshops, webinars, and technical assistance designed to foster their growth. Enhanced visibility and networking opportunities can significantly contribute to the growth and success of MWBE-certified businesses.
Watch our latest Procurement on Demand webinar that discusses whether globalisation is coming to an end for procurement. Many businesses have become reliant on overseas suppliers due to their more competitive costs against sourcing at home. Watch The Webinar You can download the slides here.
In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.
The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.
CTA April 28, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by SupplyChain 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.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. The webinar highlighted the experience of one organization who was successful in that endeavor: Federated Co-operatives Limited (FCL).
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As
For those of you who are executives in SupplyChain, Procurement or New Product Introduction/Development, this is a must read. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.
In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. . Therefore, you would expect that Procurement is ready to play an active role in managing supplier risk. CEOs Look to Innovation. CEO Priorities.
Ahead of Scot Climate Week 2023 , we welcome a guest blog from the Peatland ACTION project to tell us about the variety of supplychain opportunities and wider peatland restoration work. Our team will be ready to talk to businesses about the contracts and supplychain opportunities available through peatland restoration project.
During a recent webinar hosted by Ivalua, Partner Dr. Bashar El-Jawahari, PwC’s Middle East Procurement and SupplyChain Leader, explored the findings unique to the region. Finally, the emergence of virtual purchasing assistants will automate communications between suppliers and procurement teams.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reduce costs and protect the bottom line. For example, today’s software can make recommendations based on past user or supplier behavior. 3) Optimize Decision-Making.
Further, if the truth be known I suspect many others in procurement and supplychain are feeling the same, but maybe that’s not true. This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supplychain managers.
TOP TEN CPO PRIORITIES for 2022: Webinar Recap. View Webinar Replay. REDUCE SUPPLY RISK TO ENSURE SUPPLY CONTINUITY . Improving business resilience and reducing supply disruption to protect revenue and profitability has become a top priority in 2022. REDUCE SPEND COST .
During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supplychains, high costs and general chaos. In a recent webinar hosted by Ivalua , Walden explained that the key is a multifaceted approach.
During a recent webinar, Forrester’s Principal Analyst Duncan Jones and Ivalua’s CMO Alex Saric discussed research findings from Forrester’s recent study, “?? To fix the problem, Boohoo increased CSR transparency and ended contracts with 64 non-compliant suppliers. Getting Business Priorities Straight.
We’ll be covering these and more in an upcoming webinar. #1 2 Supplier count – How many suppliers you have for different spend categories reflects your overall procurement health. Too many suppliers in one category may mean it’s time to simplify or negotiate better pricing with fewer vendors.
This can present significant challenges for suppliers and contractors, especially in industries with complex global supplychains. ” This means checking your whole supplychain to make sure everything is okay. This often necessitates sophisticated compliance programs and regular audits of supplychains.
Procurement Leaders Webinar. ESG initiatives give the opportunity for businesses to grow, remain competitive, and innovate with new suppliers, but they also add a layer of complexity to procurement processes. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Selection.
polymers for in-space repair) Rapidly understanding supply/demand ecosystem and vendor landscape …to ensure discovery of solutions and comprehensive engagement with market (e.g. The partnership follows the signing of a Trilateral Framework in December, encouraging scientific collaboration among national laboratories.
Here are the top takeaways from that Webinar and from the full research.: The biggest completed action, according to The Hackett Group webinar setting up a Procurement Centre of Excellence, and 23% of Top Performers have started with this. No system is worth the money you invest in it if your users and suppliers will not engage.
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Webinar – What Contractors Need to Know about the CMMC Proposed Rule, Feb. Register for the CMMC webinar here.
GSA Requesting Feedback on Draft SupplyChain Risk Management Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supplychain risk management (C-SCRM).
Webinar – What Contractors Need to Know about the CMMC Proposed Rule, Feb. Please join the Coalition for a webinar on February 5 from 12:00 – 1:00pm EST as we host a terrific panel to discuss the proposed rule and address some of the questions contractors may be asking regarding what comes next. .); To register, click here.
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Webinar – Healthcare Focus: Briefing on FY24 NDAA, Feb. Comments are due to GSA by February 21. To register, click here.
Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS). James Peake , M.D., The rule notes that contractors could face contractual penalties if DIBCAC finds them noncompliant. 3] [1] Radiance Technologies, Inc. ,
Level one and basic Level two certifications can be obtained through annual self-attestations submitted to the Supplier Performance Risk System (SPRS). Level 1 certification will require a self-assessment, attested to annually by the Affirming Official of the organization and submitted to DoD’s Supplier Performance Risk System (SPRS).
The Software Acquisition Guide for Government Enterprise Consumers was created by the Information and Communications Technology SupplyChain Risk Management Task Force, a group co-led by CISA and industry representatives.
Contractors should also be aware of the following opportunities that the Government is considering to reduce plastics in the Federal supplychain: The fact sheet touts past Federal accomplishments, including the FSS Single Use Plastics Final Rule that the Coalition commented on in February. SAM dot What??
GSA will host a webinar on July 22 at 1:00 PM (ET) to discuss the changes outlined in the Refresh. Webinar: CMMC Cybersecurity Requirements for Healthcare Contractors, July 31 The Coalition for Government Procurement and the AMSUS-SM Technology Working Group are co-hosting the following CMMC webinar on July 31 at 12pm ET.
The RFI included 13 questions on infrastructure/supplychain resilience, workforce, innovation, acquisition, policy, and regulatory environment. Interested parties can register for the GSA/DOE FY25 RFI informational webinar on August 22. GSA’s next RFI for the GPG Program will open August 1, 2024.
The amendment includes the following eight updates to the solicitations: The provision at FAR 52.204-29, Federal Acquisition SupplyChain Security Act Orders—Representation and Disclosures, is being incorporated into the solicitation. To register for the webinar, click here.
Legal Corner: CISA Cyber Incident Reporting for Critical Infrastructure Will Significantly Impact Government Contractors, Suppliers, and Service Providers The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
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