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Procurement on the Thames: Ivalua’s London Summer Symposium

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Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1.

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Requis Analytics: Procurement Intelligence

Requis

As data volumes and complexity grow, procurement professionals increasingly recognize the need for accurate and transparent data management. This is essential for managing equipment flow, selecting suppliers, negotiating contracts, and mitigating risks.

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Solving The Procurement Data Dilemma

HICX Solutions

For this research report, Raconteur, partnering with HICX, focused on speaking to senior procurement professionals at leading multinational companies. With their revenues in the multi billions and their suppliers in the hundreds of thousands, they were, from our perspective, the best people to talk to.

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GEP Procurement & Supply Chain Tech Trends Report

And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Is Your Procurement Data Fit for Purpose?

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For instance, Joe pointed out that only about half of the survey respondents include their data requirements when sending out an RFP. Only after the contract has been signed does procurement start raising relevant questions around data. The post Is Your Procurement Data Fit for Purpose? appeared first on Ivalua.

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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! Tip #1 – Use holistic data modeling to optimize organizational needs. That’s significant.