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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?)

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.

Procurement and the Need for Speed

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In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations.

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.

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.

The Science and the Art of Procurement

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As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore?

5 reasons companies should own their own supplier network

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Niels Hoogkamer, Marketing Manager Nordics, Ivalua. In order to understand the evolution of supplier networks you need to have a rudimentary understanding of the Network economy.

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.

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.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

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Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations.

The 2018 Supply Chain Software Buyer's Guide

Learn which supply chain applications are the best for your organization.

Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

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Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. NYC, NY – January 23, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, and Axbility Consulting announced today that they have signed a partnership agreement welcoming Axbility Consulting to the Ivalua Alliance Partner Program.

Scope Spring Supply Chain Summit, 10th – 12th March 2019, Atlanta

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We look forward to seeing you at the Scope Spring Summit in Atlanta. Visit our booth and ask us about the work we are doing with US Public Sector Organizations and with Manufacturers such as Meritor. Ivalua will be represented at the event by our North American Marketing Director, Ty Levine!

Ivalua Now and the Art – or is it the Science – of Procurement?

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We’re led to believe that there’s a fundamental difference between something that’s art and something that’s science. But what do you call the space in between, where the two world’s meet? It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April.

Modern CPOs on their way to Smart Procurement

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Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” ” It is not a surprise that the responsibilities of today’s CPOs are evolving fast compared to the ones they had in the past years. Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. Today, they are tackling new priorities like risk management, supplier compliance, actionable insights.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

The 13th Annual Health Care Supply Chain Summit, 28th – 29th January 2019, New Orleans

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Join us at The 13th Annual Health Care Supply Chain Summit 2019. Ivalua is working with many Healthcare organisations such as Select Medical and Maxim Healtcare. We look forward to meeeting you at the event where we will be represented by Ty Levine, our Marketing Director for North America. Here’s a short video of our CEO & Founder, David Khuat-Duy, talking about what makes Ivalua special! link].

The 13th Annual Health Care Supply Chain Summit, 28 – 29 January 2019, New Orleans

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Join us at The 13th Annual Health Care Supply Chain Summit 2019. Ivalua is working with many Healthcare organisations such as Select Medical and Maxim Healtcare. We look forward to meeeting you at the event where we will be represented by Ty Levine, our Marketing Director for North America. Here’s a short video of our CEO & Founder, David Khuat-Duy, talking about what makes Ivalua special! Ivalua_David Khuat-Duy.

Three ways supplier collaboration creates real value for manufacturers

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The term “supplier collaboration” can mean many things to many people depending on your functional perspective. Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. Innovating.

The New ABCs of Supplier Segmentation

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From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on.

Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Automation can be an incredibly powerful tool to lower costs, increase capabilities, and enable scaling. However the road to implementing automation can be long and challenging even when all the proper steps are taken. Being equipped with the proper tools and knowledge of common pitfalls when implementing automation can make the difference between a show stopping disaster and seamless success.

This is NOT thought leadership, it’s practical talk about Supplier Value Management

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The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.”

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Want Effective Collaboration? Forget the Silos and Focus on Outcomes

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Let’s face it. Collaboration is beneficial, but typically hard to do in big enterprises. There is a lot of talk these days about the benefits of collaboration for manufacturers.

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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

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In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing.

What has been Apple’s greatest impact on supplier management? The answer may surprise you.

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Apple has long been known as a leader in supply chain management with Gartner consistently ranking them number one in its annual report identifying the Top 25 Supply Chain Leaders.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

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Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers.

Manufacturers Must Seek Better Supply Chain Visibility

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For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. Such complexity puts a lot of strain on your organization and a need for more senior oversight, direction, and prioritization.

The Future of Procurement Is Upon Us. Are You Ready?

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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Want Effective Collaboration? Forget the Silos and Focus on Outcomes Copy

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Let’s face it. Collaboration is beneficial, but typically hard to do in big enterprises. There is a lot of talk these days about the benefits of collaboration for manufacturers.

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Parts Town: An O2C Journey from Manual Processing to Digital Transformation

Speaker: Sarah Gibson, Platinum Operations Manager

The order-to-cash (O2C) process is often considered the lifeblood of an organization. It’s why so many business leaders are looking to next generation of O2C solutions to unlock value across their enterprise — value that’s necessary to remain competitive. Join us for an educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey.

Want to be a Strategic Sourcing Rising Star? Think New Products.

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If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. For example, bad supplier choices can hurt your company’s reputation, lead to production line shutdowns, and contribute to loss of profits.

We all hate to lose, but accomplishing a mission requires sacrifice and losses along the way

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At Directworks , our mission is to help our manufacturing customers develop, launch and deliver more profitable products. We fulfill this mission by helping their product stakeholders and direct materials suppliers work together more effectively at every stage of the product lifecycle.

Are you a Supply Chain Visionary Vick or Laggard Larry?

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Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies.

If You Are Not a Step Ahead, You Are Behind.

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A couple of weeks ago, ISM and Spend Matters had their first Eprocurement Technology Summit in Baltimore, Maryland on the Inner Harbor. I attended with a few colleagues from Directworks. We wanted to go to see what kind of conference it was, and could be in the future.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.