Art of Procurement

APRIL 9, 2024

For more than two decades, Fine Tune has been helping procurement teams manage some of their most complex, burdensome, and. The post AOP Introducing… Fine Tune appeared first on Art of Procurement.

Procurement Team 52

Procurement Team Procurement Management Category Management 52

Art of Procurement

JANUARY 2, 2023

Over the course of the year, the Art of Procurement team is privileged to speak to a LOT of people. The post 3 Key Messages for Procurement Leaders in 2023 appeared first on Art of Procurement.

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Procurement Procurement Team Leadership 90

Art of Procurement

NOVEMBER 26, 2023

“The most successful procurement teams have a strong ability to articulate what they’re doing in the context of overall business. The post Deloitte’s 2023 CPO Survey: Orchestrators of Value appeared first on Art of Procurement.

Procurement Team 52

Procurement Team Procurement Leadership Management 52

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Procurement Team 18

Procurement Team Procurement Supply Chain Supplier 18

Oxford College of Procurement and Supply

JULY 28, 2023

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. They can then identify the most relevant and appropriate AI solutions.

Procurement 52

Procurement Procurement Team Supply Chain Quality 52

ivalua

FEBRUARY 10, 2023

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. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

Price 105

Price Supply Chain Supplier Procurement Team 105

ivalua

JANUARY 8, 2023

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. The post What does the German Supply Chain Act Mean for Procurement?

Supply Chain 97

Supply Chain Procurement Procurement Team Ethics 97

Bonfire

JANUARY 19, 2022

Given the challenges elementary and high school students are facing right now, K-12 procurement teams have a unique opportunity to make a positive impact through their purchasing decisions. Many procurement teams are geographically distant from the schools they support. Student-first buying decisions are collaborative.

Eprocurement 52

Eprocurement Procurement Team Purchasing Education 52

NASPO

JULY 31, 2023

When states open their commodity purchases to local government buyers, they spread the benefits of the volume pricing, experienced procurement teams and the streamlined contracting process so communities can get the products and services they need faster and at a better price. READ MORE

Government 52

Government Government Buyers Procurement Team 52

ivalua

JUNE 4, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Managing a complex network of direct material suppliers.

Supply Chain 69

Supply Chain Procurement Team Procurement Supplier 69

DemandStar

MARCH 31, 2022

If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers.

Supplier 52

Supplier Procurement Team Procurement Bidding 52

ivalua

OCTOBER 24, 2022

Our research found intense and growing pressure on procurement teams with the potential for even darker clouds on the horizon,” Alex Saric, CMO at Ivalua says. The result: Many Procurement teams are bending and cracking under the pressure. So, how are procurement teams preparing for or responding to this recession? .

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

Scottish Government Procurement

MARCH 6, 2024

Come along to meet with procurement teams, buyers and supply chains to learn about upcoming projects and tender opportunities across Scotland and the UK. Register Now Meet the Buyer 2024 is aimed towards small and medium sized businesses from across Scotland. However, all are welcome!

Buyers 61

Buyers Procurement Supply Chain Supplier 61

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

Ethics 52

Ethics Import Procurement Supply Chain 52

ivalua

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Here are some of my takeaways.

Procurement 52

Procurement Procurement Team Supplier Electronics 52

Bonfire

AUGUST 19, 2022

With demands on public sector procurement teams increasing all the time, the need for effective RFP collaboration will continue to increase, too. Time management : Inefficient communication and unnecessary extra cycles make it hard to scale procurement operations up to the increasing demands stakeholders make on procurement teams.

Collaboration 52

Collaboration Procurement Team Procurement Demand 52

ivalua

FEBRUARY 8, 2023

Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Work to achieve 100% supply chain visibility. Why is visibility so important?

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

OCTOBER 13, 2022

Gaining access to valuable supply chain information can prove a vital source of competitive advantage and help procurement teams contribute to achieving a range of business objectives, in particular improving ESG and increasing supply resiliency”, he added.

Supply Chain 52

Supply Chain Transparency Procurement Procurement Team 52

ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Procurement 52

Procurement Supply Chain Procurement Team Finance 52

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Total estimated infrastructure bill allocations: Source. A Path Forward.

Public Procurement 52

Public Procurement Procurement Procurement Team Bidding 52

The Procurement School

AUGUST 11, 2023

Leading private sector organizations use ROSMA to look at the value-add by a procurement team but it has applications for public sector as well. Formula : The annual cost savings driven by procurement / annual cost of the procurement department. This would be reported as: 2,500,000 / 500,000 = 5X.

Efficiency 52

Efficiency Balance Procurement E-procurement 52

Scottish Government Procurement

SEPTEMBER 12, 2023

” The recently published Public Procurement Strategy for Scotland is up for two awards, Collaborative Procurement Initiative Award and Procurement Team of the Year Award. Good luck to all the Finalists and fingers crossed!”

Public Procurement 52

Public Procurement Procurement Strategies Procurement Team Procurement 52

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

SEPTEMBER 25, 2020

The study found that 88% find it challenging to hire the right digital skills to work with technologies such as AI, cloud-based platforms or data analytics, while 76% say they are concerned that existing procurement teams will struggle to work with new technologies.

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Procurement Procurement Team Supply Chain Finance 75

ivalua

JANUARY 29, 2021

Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70% 70% of respondents maintained or increased digital procurement investment post covid” .

Supplier 78

Supplier Supply Chain Procurement Team Risk Management 78

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. Help staff sell procurement’s value during recovery.

Supply Chain 52

Supply Chain Procurement Influencing Chief Procurement Officer 52

Bonfire

SEPTEMBER 1, 2022

We hosted our first ever Bonfire Procurement Awards reception to honor our clients who are moving mountains in their organizations. Then in our case study session, we heard how public procurement teams are using Bonfire to drive their organizations forward and positively impact the communities they serve.

Public Procurement 52

Public Procurement Procurement Team Procurement Bidding 52

ivalua

JUNE 1, 2022

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply Chain 52

Supply Chain Supplier Freight Procurement Team 52

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain!

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

ivalua

JUNE 16, 2021

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. While starting with a clear strategic vision is essential, these challenges will still need to be addressed.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

ivalua

MARCH 26, 2019

We know that Procurement is going through a huge transformation, and we know that some departments are charging ahead while others are just getting started, but this is what The Hackett Group says Procurement teams are evolving into in 2019 and in the years to come.

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Procurement Eprocurement Procurement Team Supplier 45

ivalua

MARCH 1, 2022

Procurement teams will be empowering a strategy advisor to provide a framework for how to leverage technology, retain talent, and drive sustainable value. Procurement leaders understand the power of an advanced procurement platform that can deliver more value to improve responsiveness, speed, and agility. .

Supply Chain 52

Supply Chain Procurement Team Supplier Sustainability 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

APRIL 12, 2022

Procurement plays a key organizational role by ensuring compliance with Third Party Risk Management (TPRM) requirements, optimizing spend value, and leveraging a network of innovative suppliers.

Procurement 52

Procurement Procurement Team Risk Management Supplier 52

Oxford College of Procurement and Supply

SEPTEMBER 20, 2022

She has led procurement teams in the UK, Europe and in the Americas, focusing on the retail and media sectors, working on strategic projects involving construction, IT, logistics, marketing and financial services.

Management 52

Management Supply Chain Retail Demand 52

ivalua

MARCH 16, 2022

Merging CEO expectations with Procurement team priorities will offer some clear opportunities for CPOs. To meet corporate expectations and align priorities, CPOs should focus on: The digitization of procurement processes. Embedding ESG into the Procurement processes and strategy. Catalyst for Change.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

VWV

NOVEMBER 3, 2023

VAT) Works contracts (all) £5,336,937 £5,372,609 Supply and services contracts (central government) £138,760 £139,688 Supply and services contracts (local authorities, universities, academies, emergency services) £213,477 £214,904 Works or services concession contracts (all) £5,336,937 £5,372,609 Supply and services contracts (utilities contracts) (..)

Public Procurement 52

Public Procurement Procurement Thresholds Procurement Team 52