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New research from Ivalua shows UK businesses’ cost focused approach with suppliers is blocking innovation 

ivalua

Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. The research , conducted by Vanson Bourne on behalf of Ivalua, found that 60% of UK businesses say they consider the role of suppliers important when it comes to driving innovation.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. 67% of respondents say it is limiting their ability to gain insights into spend and supplier management. About the study. About Ivalua. Tom Reynolds / Robert Fretwell.

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Building More Than Contracts: Two Six Technologies’ Mandy Walter-Beam is Modernizing GovCon for Speed, Strategy and Security

WashngtonExec

After leading active duty, her contracts career began in an entry-level position in the commercial world, working in the publishing, telecommunications and fiber optics industries. She started her career in the U.S. Air Force as an Arab linguist. From a procurement perspective, we remain focused on delivering value beyond cost.

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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

The Act sets aside another $20 billion to initiate a new NSF Directorate for Technology Innovation and Partnerships (TIP) to accelerate the commercialisation of new technologies in Artificial Intelligence (AI), robotics, materials science and manufacturing, quantum computing, telecommunications, and more. 61B to grow research, support U.S.

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New rule sets stage for banning risky technologies from government supply chains

Federal News Network

And in the 2019 National Defense Authorization Act, Congress passed Section 889 that banned five major Chinese telecommunications and technology suppliers, including Huawei and ZTE, from federal agency and contractor networks.

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CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

ivalua

One of the main challenges that is holding organizations back is the inability to effectively assess individual supplier CSR performance and measure supply chain performance. Survey participants included decision-makers in procurement in various industries, including CPG, finance, telecommunications, technology, and manufacturing/ automotive.

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Ivalua Continues Global Expansion with New Office in Sydney, Australia

ivalua

Throughout his career, he has worked with clients across multiple industries including Real Estate, Financial Services, Telecommunications, Retail and Distribution, Oil, Manufacturing, CPG and Government industries within Australia , New Zealand , Europe and USA. Realize the possibilities at www.ivalua.com.

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