Open Contracting Partnership

APRIL 4, 2025

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

Procurement 52

Procurement Collaboration E-procurement Procurement Team 52

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Supplier 68

Supplier Innovation Procurement Consumer Demands 68

ivalua

JULY 20, 2021

The post IKEA: How to Successfully Integrate Sustainability into the Overall Supplier Strategy appeared first on Ivalua.

Supplier 10

Supplier Sustainability Integration Integrity 10

Oxford College of Procurement and Supply

OCTOBER 25, 2024

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.

Supplier 52

Supplier Supply Chain Ethics Sustainability 52

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

Supplier 69

Supplier Manufacturing Collaboration Supply Chain 69

ivalua

JUNE 11, 2021

Companies are being pressured on all sides to commit to Net Zero and CPOs should build their Net Zero goals by evaluating sustainability metrics into all aspects of their procurement decisions and processes. Now is the time to act, and to engage your supply chain on this important global issue. Sounds interesting? Sign up HERE.

Supplier 52

Supplier Sustainability Supply Chain Procurement 52

VWV

FEBRUARY 17, 2025

A new element of the NPPS, as compared with previous versions, is the focus on ensuring suppliers uphold the highest standards of integrity, ethical conduct and environmental sustainability in business. This aligns with the stronger sanctions in the Act relating to performance, exclusions, and debarment.

Procurement 52

Procurement Supply Chain Supplier Ethics 52

Public Procurement Intl

OCTOBER 21, 2024

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.”

Procurement 147

Procurement Procurement Strategies E-procurement Bidder 147

Tracker Intelligence

NOVEMBER 14, 2024

Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.

Sustainability 52

Sustainability Procurement Supply Chain E-procurement 52

The Softly Spark

AUGUST 24, 2023

Contributing Author: Anushka Musinipally Wayfair’s Shop Sustainably program presents an opportunity to showcase sustainable home goods products to eco-conscious consumers, increasing the chances that they will be viewed by customers. They welcome all suppliers–no matter how big or small.

Sustainability 52

Sustainability Supplier Retail Purchasing 52

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Sustainability 52

Sustainability Supply Chain Supplier Quality 52

ivalua

JULY 15, 2020

Following the global climate protests that swept the world in 2019, sustainability rose to become a business priority. In our latest study of UK-based procurement, supply chain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak.

Sustainability 52

Sustainability Supply Chain Supplier Collaboration 52

Scottish Government Procurement

DECEMBER 10, 2024

This new eLearning resource complements existing guidance and forms part of a broader set of tools, including Climate Literacy, Circular Economy eLearning, and practical case studies, all available through the Sustainable Procurement Tools platform. Whats inside the eLearning? Get involved Have a case study to share or feedback on the tools?

E-procurement 49

E-procurement Sustainability Procurement Public Procurement 49

ivalua

JANUARY 31, 2023

By integrating the EIC’s functionalities in their procurement practices, organizations can dramatically accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.

Supply Chain 98

Supply Chain Innovation Supplier Sustainability 98

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier 52

Supplier Management Supply Chain Sustainability 52

ivalua

JULY 15, 2021

With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Supply Chain 52

Supply Chain Sustainability Supplier Ethics 52

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 52

Sustainability Buyers Supplier E-procurement 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. See you soon!

Procurement 97

Procurement Strategic Sourcing Supply Chain Sustainability 97

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Tracker Intelligence

AUGUST 30, 2024

Public procurement regulations is absolutely front and centre to this, both in terms of buying more sustainable products and services, but also incentivising its supply chain to adopt environmentally friendly practices. The Role Of The Public Sector In Improving Sustainability The public sector in the UK is huge. What can suppliers do?

Supplier 52

Supplier Supply Chain Sustainability Public Procurement 52

ivalua

DECEMBER 3, 2021

In recent years, sustainability has increasingly become a top priority for many organisations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Supply Chain 52

Supply Chain Sustainability Supplier Collaboration 52

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. Just one-in-ten (10%) suppliers say that organisations always include sustainable practices in contracts and agreements. Suppliers have an important role to play in tackling climate change.

Supplier 52

Supplier Supply Chain Buyers Sustainability 52

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business Strategy 64

Business Strategy Supplier Supply Chain Ethics 64

Open Contracting Partnership

APRIL 16, 2025

New suppliers are entering the market and bidding more actively too. The number of suppliers per buyer increased from 8.0 Taking advantage of gaps in patent legislation, unscrupulous suppliers registered patents for their goods (light bulbs, furniture, IT products, etc.). on average in 2021 to 10.23 in 2021 to 4.2

Procurement 52

Procurement Public Procurement Tender E-procurement 52

ivalua

JANUARY 8, 2023

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

ivalua

APRIL 8, 2021

Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.

Supplier 52

Supplier Freight Transportation Transportation 52

ivalua

JULY 6, 2021

As mentioned in Part I of this series on supplier diversity , the United States has taken over half a century to develop its supplier diversity culture into what it is today. There have been impressive examples of supplier diversity efforts in other countries, as well. Raising the Bar in Supplier Diversity Down Under .

Supplier 52

Supplier Tender Procurement Buyers 52

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain 98

Supply Chain Finance Procurement Sustainability 98

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 105

Price Supply Chain Supplier Procurement Team 105

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure. Those are three hot topics in the enterprise today.

Balance 52

Balance Sustainability Supply Chain Management 52

ivalua

JUNE 11, 2021

Sustainability is one of the most evolving and growing trends of our time, and it will dominate procurement business discussions well into the foreseeable future. In fact, studies and ROIs are clearly showing sustainability is to be considered a new type of competitive advantage. Bulgari – Arianna Vetrugno. Sounds interesting?

Sustainability 52

Sustainability Procurement Risk Management Transparency 52

The Softly Spark

JANUARY 13, 2025

Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Recommendation: Partner with suppliers who prioritize sustainability.

Sustainability 52

Sustainability Transparency Retail Education 52

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.

Supplier 52

Supplier Management Supply Chain Media 52

Open Contracting Partnership

DECEMBER 6, 2023

“Public buyers have the freedom to use the green criteria either as part of technical specifications, selection or award criteria, through contract implementation and through supplier qualification, for example by requiring an environmental management system certificate,” says Darius Vedrickas, Director the LPPO.

Procurement 89

Procurement Buyers E-procurement Public Procurement 89

ivalua

MAY 30, 2023

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.

Procurement 19

Procurement Supply Chain Eprocurement Manufacturing 19

ivalua

MARCH 18, 2021

The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.

Strategic Sourcing 98

Strategic Sourcing E-auction Automotive Total Cost of Ownership 98

ivalua

FEBRUARY 11, 2021

A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. How can large companies address sustainable Supply Chain strategies?

Supply Chain 75

Supply Chain Supplier End to End Sustainability 75