Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 91

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 91

ivalua

MAY 9, 2019

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. While Procurement might not consider these relationships strategic, they are critical nonetheless.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

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. How do these organizations build their supplier management programs?

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

ivalua

MAY 18, 2022

In fact, a recent study from Forrester Consulting commissioned by Ivalua identified only 13% of businesses as leaders when it comes to supplier management, defined by Forrester as having formal programs that are broadly applied across the supply base. Business leaders must adopt a new, holistic approach to supplier management.

Supplier Management 130

Supplier Management Supply Chain Planning Software Negotiating Skills Optimal Sourcing 130

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Supplier Management 147

Supplier Management Sourcing Strategies Optimal Sourcing Cost Reduction Strategies 147

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Jaggaer

MARCH 7, 2025

In an era where digital transformation is reshaping industries, government procurement is no exception. Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Software Optimization Software 52

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 Management 130

Supplier Management Sustainability Procurement How To 130

Kodiak Hub

OCTOBER 29, 2024

As supply chains become more complex and globally dispersed, Supplier Management has transformed from a basic operational task into a critical strategic function in Procurement and Supply Chain Management. But what exactly does Supplier Management involve? But what exactly does Supplier Management involve?

Supplier Management 40

Supplier Management Procurement Supply Chain Global 40

ivalua

AUGUST 29, 2019

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. 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.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

Procurement Academy

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. The Need for Supply Chain and Procurement Upskilling The global supply chain and procurement markets have changed drastically in the last number of years. There are also strong benefits to upskilling for your employees too.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

Supply Chain Game Changer

AUGUST 5, 2021

What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Building a secret recipe for smooth supplier management requires a foundation, which you can build upon, experiment with, and eventually make your very own.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Optimal Sourcing 154

Optimal Sourcing Negotiating Skills Procurement Analytics Software 154

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Follow us on LinkedIn and Twitter.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supplier Management Norway 130

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Manufacturing Procurement 173

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 173

Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. The outputs are then monitored and managed to ensure they are always fit for purpose.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

ivalua

JANUARY 29, 2020

The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. . What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .

Negotiating Skills 164

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 164

QAD

JANUARY 16, 2025

Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. For the mitigation of supply chain and business risks , we need closer integration and easy collaboration with our suppliers, said Jens Brethauer, VP of e-Procurement & Digitalization at KION.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

Jaggaer

MARCH 2, 2020

What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) provides some fascinating insights.

Supplier Management 103

Supplier Management Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 103

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 98

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 98

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

ivalua

JANUARY 15, 2021

The solution will support Intalere’s Supplier Management, eSourcing, Contract Lifecycle Management and transactional procurement processes. We are excited to announce that Intalere, a healthcare supply chain GPO based in St. has successfully deployed the Ivalua solution suite.

Sourcing Strategies 26

Sourcing Strategies Optimal Sourcing St. Louis Supplier Management 26

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

ivalua

NOVEMBER 3, 2021

Ahlsell, a prominent international retail solutions provider, has led a complete digital transformation overhaul with a central focus on trading goods supplier management. Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. billion in annual sales.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiate Pricing Negotiating Skills 130

ivalua

MAY 11, 2021

May 3, 2021 /PRNewswire/ — Ivalua, a leading global spend management cloud provider, and PwC, a trusted Ivalua implementation partner, today announced that Arkad S.p.A. has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. REDWOOD CITY, Calif.,

Optimal Sourcing 130

Optimal Sourcing Procurement Supply Chain Design Software Supply Chain Network Software 130

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

QAD

JUNE 29, 2021

In their list of common nightmare scenarios to try to prepare for, few procurement leaders could have predicted the business disruptions of 2020. Brent discusses how now is the time for enterprises to redouble their efforts to upgrade their operations with digital technologies and innovations that improve sourcing and supplier management.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Prescriptive Analytics Software Sourcing Strategies 98

Jaggaer

FEBRUARY 5, 2025

Category managers should understand where suppliers fall within this framework and provide the necessary data and insights to support strategic sourcing. Procurement and supply chain teams work together to maintain strong supplier relationships, track performance, and identify opportunities for continuous improvement.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. This project was successfully implemented by Consus and Ivalua through the commitment and support of their executive leadership.

Optimal Sourcing 26

Optimal Sourcing Food Supply Chain Planning Software Procurement 26

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. Using supplier management software , supplier performance against these KPIs can be monitored over time. Competitiveness.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75