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In a recent webinar hosted by GovSpend Relationship Manager and SLED expert Paige Mockler, procurement professionals were shown how to leverage GovSpend’s public sector intelligence to meet their procurement goals. For those who missed the webinar, the recording is here along with other new and on-demand webinars.
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.
The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.
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.
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.
On September 11, 2018, The National Institute of Governmental Purchasing (NIGP) invited Negometrix CEO, Jan Siderius, to present an hour long webinar regarding Best Value Procurement. In the webinar, Mr. Siderius covered many interesting topics within Best Value Procurement, such as: 1. Why Best Value? Importance of scale 5.
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. They then scrambled to identify new sources of supply and qualify those suppliers quickly.
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.
ESG initiatives significance in your Supplier Management Strategy. How to incorporate ESG data into sourcing, procurement, and supplier management decisions. For example, our integration with Tealbook can make the requirement to discover and include diverse suppliers efficiently as part of the source-to-pay process. .
In a recent webinar hosted by GovSpend Relationship Manager and SLED expert Paige Mockler, procurement professionals were shown how to leverage GovSpend’s public sector intelligence to meet their procurement goals. For those who missed the webinar, the recording is here along with other new and on-demand webinars.
Event Type: Webinar in partnership with Procurious. Webinar Title: Critical factors for selecting your suppliers. This involved designing and building solutions to support the Source to Pay and Order to Cash journeys for Buyers and Suppliers. The post Procurious Webinar, September 3, 2019 appeared first on Ivalua.
In our joint webinar Capgemini will show why Net Zero matters and how to successfully integrate Sustainability into your overall supplier strategy while Ikea will demonstrate how they successfully introduced supplier sustainability as part of their supplier scorecard. Sounds interesting? Sign up HERE.
A number of webinars we have held at GW Law School, including a July 2024 series on emerging international best practices, confirmed that there are many parallels between these “green procurement” strategies. government’s supplier base. Strategies In “Green Procurement,” 66 Gov. Contractor ¶ 60 (Thomson Reuters, 2024).
The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management. Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment.
Even in terms of the “improved sales / marketing” route, there are possibilities – maybe procurement can work with the marketing team to find innovative suppliers in areas such as digital marketing? When it comes to improving existing products (or services), suppliers are often better placed than the business itself to identify opportunities.
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.
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.
Ivalua recently hosted a webinar to hear from procurement leaders about how eProcurement solutions can transform historically lengthy and manual processes, enabling governmental organizations to pivot quickly and adapt in times of crisis while, at the same time, providing long-term benefits. On Upcoming Trends.
However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools. When businesses start working with local suppliers, they become part of a growing cycle of economic development. The Saudi 2030 Vision invests in the community to drive local business growth!
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.
Being WBENC-certified provides access to procurement executives and supplier diversity at major corporations and government entities. SBA provides webinars focusing on eligibility and the application process for more information. This can be a significant advantage when seeking contracts and partnerships.
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. You can listen to the full webinar recording here. . Next Steps.
In a recent webinar hosted by Ivalua , Walden explained that the key is a multifaceted approach. They also have a highly automated supplier onboarding process. Online portals are a key feature — as are chatbots — for employee and supplier support. According to Hackett’s Nicolas Walden, it’s a bit more complex than that. .
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.
Procurers will be able to better communicate their particular problem to suppliers and work with them to come up with potential solutions. Using product demonstrations alongside written tenders will help buyers get a proper appreciation of solutions being offered by suppliers. 48 and 46 PCR 2015).
Sustainable Procurement has the potential to make your organization more resilient and transparent to supply scarcity, improve your risk management processes, force compliance with environmental and social legislature and build a better understanding of an organization’s local and global suppliers.
Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Ardent found that many didn’t even know how many suppliers are high risk.
We understand sustainable procurement and how important it is to evaluate where and how you spend your money and how you are vetting and selecting your suppliers and partners, ensuring that business with suppliers is conducted in a manner that aligns to certain environmental, social and ethical standards.
Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Lack of control or visibility into what is being spent and with which suppliers. Who purchased it.
They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. ERPs tend to be built for the back office, so they lack the consumer-like user experience that leads to high user adoption among suppliers.
Practical Application: When engaging in procurement practices, it is crucial to ensure that all communications and interactions with potential suppliers adhere to these basic principles. Practical Application: In the context of procurement, the duty of good faith necessitates transparent and fair dealings with all potential suppliers.
In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient. Data silos also inhibit agility, Keeley said. “As
TOP TEN CPO PRIORITIES for 2022: Webinar Recap. View Webinar Replay. Supplier spend is changing rapidly and organizations must manage supplier spend by identifying the shift in the current inflation (adjusted price of the supplier’s goods). REDUCE SUPPLY RISK TO ENSURE SUPPLY CONTINUITY . REDUCE SPEND COST .
Through NatureScot’s membership, Peatland ACTION recently joined the Supplier Development Programme (SDP) recognising the additional support this would bring to SMEs looking to enter into peatland restoration work. We will also be in person at the Meet the Buyer North event taking place on 12 September 2023 at Aberdeen Music Hall.
A recent webinar hosted by Supply Chain 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. Geopolitical manipulation on suppliers worldwide adds to the pressure.
A recent webinar hosted by Supply Chain 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. Geopolitical manipulation on suppliers worldwide adds to the pressure.
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.
At a recent procurement webinar, 70% of delegates admitted they weren't ready for the Procurement Act's original start date of 28 October, with over 15% saying they still had a long way to go. The Ministerial Statement highlighted that the extension aims to facilitate a smoother transition for both contracting authorities and suppliers.
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.
In this webinar, they tell us how they created successful vendor engagement and support strategies and built these processes into their organizations. Here are the highlights of this discussion or you can watch the webinar here. At what point did diverse suppliers or small suppliers become a priority?
CEOs increasingly understand that how they spend and manage their suppliers can support a broad range of objectives. The reality is that very few organizations leverage their spend and suppliers in this way today, but some do and more are investigating it. In the meantime, please read the report and/or watch the webinar replay.
In a recent webinar , Ivalua’s CMO Alex Saric and Forrester’s Vice President and Principal Analyst Duncan Jones revealed the findings from a new Forrester survey on how Procurement can help restore growth and ensure business resilience. . “The For example, today’s software can make recommendations based on past user or supplier behavior.
CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization.
For example, unique workflow and fields in a requisition to capture doctor, patient, product serial numbers & procedure details and route specific product types to specialized buyers/suppliers. Watch a BSW webinar here. Perhaps explore a self-distribution model and more transactional automation with procure-to-pay solutions. .
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