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John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system

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Ivalua’s ease of integration, flexibility to cover a diverse range of activities across multiple geographies and a seamless user adoption experience are key drivers in streamlining John Cockerill’s transformation journey.

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Why Procurement leaders must act now to tackle the digital skills shortage

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The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.

86% of UK businesses face barriers developing digital skills in procurement

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A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

Release Your AP Team with Invoice-to-Pay

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Using Invoice-to-Pay to create a top performing Accounts Payable Team. The performance of your Accounts Payable department can have a significant impact on the organization. Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation.

Facebook Causes Continue to Show Little Promise as Fundraising Tools

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. .

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.

Understanding Contractual Rights and Obligations During a Crisis

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In a previous blog we discussed the mounting humanitarian crisis that the Coronavirus, also known as COVID-19, had sparked globally and discussed considerations and steps organizations should take to mitigate the impact from disrupted supply chains.

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A Rare Opportunity To Reset And Accelerate

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Will businesses go backwards due to necessity and survival or will they step up and push forward to go further and faster to achieve the right balance? Many of us are in a post-covid state of mind, I most certainly am.

Achieving Healthcare Transformation, Powered by Supply Chain

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The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. On the flip side, the pandemic has highlighted the long standing need for digital transformation within healthcare.

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

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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. There are many supply chain management lessons to learn from the Covid-19 crisis. However, some organizations are better prepared to weather this storm than others.

Report: Achieving Resilience in the Manufacturing Supply Chain

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The post Report: Achieving Resilience in the Manufacturing Supply Chain appeared first on Ivalua

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Best Practice Guide to Invoice to Pay

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What is Invoice to Pay? Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. .

COVID-19 hindering sustainability initiatives, reveals research

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A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

4 ways IT & Procurement team collaboration increases resilience

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The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. The coronavirus pandemic continues to impact every area of our lives and our businesses in ways that were unimaginable just a few months ago. Whether you are returning to the office or remote working, we are all continuing to assess how we have coped, how we have changed and what we have learned.

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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Be Prepared: Improving Supplier Risk Management In Your Business

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The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.

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.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Achieving Resilience in the Manufacturing Supply Chain – Research & Learnings from Leading Manufacturers

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The post Achieving Resilience in the Manufacturing Supply Chain – Research & Learnings from Leading Manufacturers appeared first on Ivalua

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 .

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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Collaborate to Win

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The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. In case anyone was sleeping, the Covid-19 crisis has provided further evidence. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

New Ivalua Research Finds a Lack of Digitisation and Focus on Costs is Hindering Supplier Collaboration

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Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. 3rd June, London, UK – Ivalua, a leading provider of global spend management cloud solutions, has announced the findings of a worldwide study of supply chain, procurement, sales and finance business leaders on the current state of collaboration in procurement.

June 22, 2020 / 11:00 AM ESTAchieving Resilience in the Manufacturing Supply Chain – Research & Learnings from Leading Manufacturers

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The post June 22, 2020 / 11:00 AM EST<br>Achieving Resilience in the Manufacturing Supply Chain – Research & Learnings from Leading Manufacturers appeared first on Ivalua

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

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Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. Louis, Mo., has gone live with Ivalua’s Source to Contract solution.

Supplier Motivation, A Key Component of Supplier Management

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As we have already seen in a former blog , enterprises often fail at maximizing the value of collaborating with smaller companies. Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. They miss the huge opportunity of co-innovating with these businesses, especially startups, by failing to take a differentiated approach.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura

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This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.

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. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement

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At last week’s Ivalua NOW virtual event, Jon Stevens, President of JLL Digital, delivered the first keynote. JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. Stevens runs the side of the business that is working on new digitally-driven initiatives, and he had two main themes. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages.

How 2011 Prepared Us for Today

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The Japanese Earthquake of 2011 and resulting tsunami are not exactly top of mind these days. But the connections between that event and the current Covid-19 crisis are more prominent than most realize. . On Friday March 11, 2011, at about 2:45PM local time, the most powerful earthquake ever recorded in Japan struck. The epicenter was more than 40 miles off the Japanese mainland. However, the ocean-based nature of the quake only intensified the destruction.

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Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.