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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.

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.

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.

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.

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.

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.

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?)

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 .

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.

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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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.

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.

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.

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.

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.

The 2018 Supply Chain Software Buyer's Guide

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

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.

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 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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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.

Leveraging Supply Chain Data for Competitive Advantage

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

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.

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.

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.

How To Improve Your Shipper-Carrier Relationship

Ivalua Launches Pre-Packaged Solutions for Manufacturers

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Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. Redwood City, CA July 10, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for manufacturers. The new packages span the full source-to-pay process for all spend categories including direct materials, MRO, assets and tooling and indirect goods and services.

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!

Sprint: Driving Savings and Revenue Growth with Supply Chain Transformation

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The post Sprint: Driving Savings and Revenue Growth with Supply Chain Transformation appeared first on Ivalua

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.

The Path to Greatness: Driving a Successful Transformation Across Global Procurement and Supply Chain with Chassis Brakes International

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The post The Path to Greatness: Driving a Successful Transformation Across Global Procurement and Supply Chain with Chassis Brakes International appeared first on Ivalua

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].

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.

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.

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.

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.