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The Coronavirus Is Shattering Traditional Supply Chains

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By mid-March, it had become difficult to keep track of what seemed like the high-speed unravelling of the world’s economy and its means of social connection.

Ivalua Study: Tech Challenges Hinder Procurement

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New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. Lack of system integrations and actionable insights are stopping organisations from accurately measuring performance .

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How Procurement can help to drive Supplier-led innovation

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Alex Saric, Chief Marketing Officer, Ivalua. In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace.

A Humble 2020 Procurement Resolution – Transform the World 

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As we entered the new year, many of us no doubt set personal resolutions (64.6% of adult Americans according to a recent survey ). Lose a few pounds. Save a little more each month. We do the same at work, typically in the form of MBOs.

New Planning Maturity Assessment

In today's new supply chain paradigm, resilience and agility are key. Is your planning process fit enough to keep up with the pace of change? Is your tech stack helping or hindering your progress? Take AIMMS's new quiz to uncover learnings and benchmark yourself against peers!

Collaboration, Procurement with Purpose and the Entente Cordiale…

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Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK.

Procurement Digitization: The Key To Price Transparency And Healthcare Transformation

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Cost information in healthcare is not only opaque to patients, it’s also unclear to providers. Healthcare continues to be a source of major concern in the United States, with recent polling indicating it is the number one issue to voters in the 2020 elections.

Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

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The need for organisations to move quickly to protect and grow their business is not new, but through the last decade, the risks for those who don’t have grown. .

Supplier Risk Management Considerations for the Coronavirus Outbreak

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The impact of the Coronavirus continues to be felt globally and the World Health Organization and government continues to urge caution as they implement controls to stem the flow of the infection. The death toll has reached over 900 and the number of confirmed cases has exceeded more than 40,000.

2020 The Year To Address The Elephant in Every Room – Data

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North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”.

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Coronavirus and Your Supply Chain

Speaker: Rob Handfield, PhD, Bank of America University Distinguished Professor of Supply Chain Management at NC State University

Join this informative webinar with Rob Handfield, Bank of America University Distinguished Professor of Supply Chain Management at NC State University, who will go over how the Coronavirus has impacted supply chains, as well as discussing approaches for preparing your supply chain for future outbreaks of major global disruptions. The world is becoming a riskier place, and it is important to plan for disasters ahead of time.

Procurement can’t afford to be a digital laggard in today’s complex landscape

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Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations.

What Does “Good” Look Like: Strategic Sourcing

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Doug Keeley, Product Marketing Manager, Ivalua. If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards.

AI and All That – Ivalua Now Looks to the Future

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The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. Now there’s an interesting question – if AI had a flavour, what exactly would it be? Fresh mint, maybe? Or aluminium, perhaps?)

8 Tips to Help Procurement Optimize Supplier Master Data

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Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! That’s significant.

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5 Perceptions on Demand Forecasting and How it's Changing

Speaker: Brian Dooley, Director SC Navigator, AIMMS

It’s no secret that demand is getting more difficult to predict. Is your demand forecasting process evolving with the times? How does your process stack up against others? Are you satisfied with your level of forecast accuracy? This webinar shares research findings from a recent survey among supply chain planning professionals to help you answer these questions.

12 Ways To Get Control Over Supplier Master Data

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Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations.

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A Look at Direct v. Indirect Supplier Management in Three Industries

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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.

Procurement Can Prepare for  Supply Chain Risk

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Alex Saric, Smart Procurement Expert, Ivalua. Supply Chain Managers today have never been so reliant on suppliers to deliver goods and services to customers.

Establishing Procurement as a Competitive Advantage

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Alex Saric, CMO, Ivalua. In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement.

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

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

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Two-thirds of businesses still reliant on manual and paper-based processes .

Ignore Supply Chain Risks… At Your Own Peril!

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Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. When someone like Elon Musk says that something is tricky, it means something!

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Why Agility and Creativity are the New Vital Procurement Drivers  (but don’t sacrifice “effectiveness”)

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Peter Smith, Managing Director at Procurement Excellence Ltd. If Procurement people, functions and organisations are going to be successful, it is obvious that we have to adapt to the changing wider business and social environments.

Altering the When, How and Why of Supplier Information Management

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Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing.

How is Demand Forecasting changing? How do you compare to your peers?

AIMMS conducted research to assess how supply chain teams perceive the accuracy of their forecast and discover the tools and techniques they are using to upgrade the forecasting process. In this report, you will find helpful benchmarks and insights offered by your peers on the latest demand forecasting techniques, forecast granularity and periodicity, and expectations for the future.

Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019

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“We have this long-term strategy of building a very big company with a fantastic product that we can offer to the market. And this is our vision,” . Ivalua CEO David Khuat-Duy on Tuesday kicked off Ivalua NOW 2019 Chicago, at the Renaissance Chicago Downtown Hotel and welcomed hundreds of customers, prospects and partners.

Unlocking Innovation from Your Supply Chain – Lessons from Formula 1 Racing

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Afrika Morris, Senior Field Marketing Manager UKI at Ivalua. On February 12 Ivalua hosted Senior Procurement and Supply Chain Professionals gathered for an Exclusive Dinner on the 34th floor of The Gherkin with F1 Veteran and Status Grand Prix Founder, Mark Gallagher.

The Secret to Effective Supplier Onboarding – Tiering 

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Vishal Patel, VP Product Marketing, Ivalua. One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Among other things, this prevents redundancies when suppliers get asked the same questions by multiple departments. .

Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux

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Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data.

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

Digital Procurement – Pack your bag, you are going on a journey

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The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters.

The final countdown to Brexit has begun

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In less than a month, the UK is scheduled to leave the European Union, meaning the end of the freedom of movement and goods, and many of the regulations UK and European businesses have come to benefit from over the decades.

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6 metrics tips and tools to benchmark P2P Digital Transformation

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Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

A Procurement Resolution – Realize Your True Potential

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Alex Saric, Chief Marketing Officer, Ivalua. In this time of personal New Year’s resolutions, it seems appropriate for leaders to also consider a resolution for their departments. For Procurement leaders in particular there couldn’t be a better time to do so.

Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. This Buyer’s Guide helps you find easy-to-use technology to become more proactive and less reactive when it comes to network design and optimization.