ivalua

MAY 9, 2019

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. That said, supplier information and relationship management are still high priority efforts.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

Taulia

DECEMBER 2, 2021

Ethical sourcing is one solution for improving a business’ environmental footprint. What is ethical sourcing? Ethical sourcing is a responsible approach to supply chain management that involves sourcing products and raw materials from businesses that comply with certain sustainable practices and legal requirements.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Vendor Strategies 98

Jaggaer

MARCH 2, 2020

Incidents involving tier 1 suppliers fell below 50% for the first time since 2016 (48.9%). Cyber-attack and data breach (26.1%). This is an issue we discuss at some length in our recently published white paper, Holistic Supplier Management: Orchestrating the Procurement Function for Maximum Benefit.

Supplier Management 103

Supplier Management Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 103

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

Manufacturing Procurement 83

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 83

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

ivalua

JUNE 26, 2023

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.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

EC Sourcing Group

NOVEMBER 16, 2021

So if you’re wondering, “What is supply chain management and why it is important?,” it’s imperative to manage every link in the supply chain, particularly your supplier relationships. Supply Chain Management Cloud Software: Long-Term Relationships. Supply Chain Management Cloud Software: Vendor Management Portal.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Creates vendor and supplier relations.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. This is not easy given the current volatility in supply markets.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Supply Chain Game Changer

JANUARY 21, 2021

Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data? Source: PwC 2019. Source: Deloitte CPO Survey 2018.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

ivalua

JANUARY 8, 2023

By implementing effective supply chain management systems and partnering with suppliers who share their values, procurement teams can position their companies as leaders in responsible sourcing and supply chain management. Further, it is essential that supplier management and data is holistic (i.e.,

Supply Chain Design Software 244

Supply Chain Design Software Optimal Sourcing Supply Chain Software Procurement 244

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Cost Reduction Strategies 100

Cost Reduction Strategies Supplier Management Negotiating Skills Sourcing Strategies 100

ivalua

SEPTEMBER 22, 2022

Build a Solid Data Foundation. The success of any transparency strategy relies heavily on building a solid data foundation, particularly when it comes to suppliers. Ensure 360-Degree Supplier Visibility. You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

ivalua

JULY 14, 2022

Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

HICX Solutions

MAY 23, 2019

Here at HICX we are championing the importance and value of evolved supplier management. Evolved supplier management focuses on moving beyond mere strategic sourcing and category management, and instead encouraging organisations to think differently about how they work with their suppliers.

Supplier Management 40

Supplier Management Sourcing Strategies Resource Reduction Quality 40

SCMDOJO

JULY 28, 2022

However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. The Certification Section.

Negotiate Pricing 108

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 108

QAD

JUNE 29, 2021

Those procurement leaders with forward-thinking supplier management strategies that utilize digital technology fared better than others, according to QAD’s Brent Dawkins in his article , “3 Ways Procurement Benefits from Digital Transformation” in Manufacturing.net. Spreadsheets, emails and guesswork complicate the sourcing process.

Optimal Sourcing 94

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Prescriptive Analytics Software 94

ivalua

JANUARY 31, 2022

Last year, 62% of enterprises that made an investment in supply management technology over the past two years took the suite-based approach (strategic sourcing suite or full Source-to Settle suites. 5 Procurement Increasing Its Focus on and Use of Data.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

ivalua

JULY 12, 2021

Just in the limited discussion above, we noted NMSDC, CAMSC, and Supply Nation as sources of data and certifications, and there are many more. As more and more countries implement diversity programs, these unique certifications and data sources will increase exponentially. Ethical Spend Toolset.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Australia 246

ivalua

JANUARY 13, 2023

As more and more organizations, countries, and cultures embrace diversity programs, unique certifications and data sources will increase exponentially. However, these changes will place a strain on diversity and supplier management teams within these organizations. .

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

ivalua

JUNE 4, 2020

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. There are many supply chain management lessons to learn from the Covid-19 crisis.

Manufacturing Procurement 173

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 173

ivalua

JULY 15, 2015

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. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

Sourcing Strategies 100

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 100

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! Processing big data.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

EC Sourcing Group

MAY 17, 2023

By classifying goods and services into logical groups, procurement professionals can streamline the eSourcing process, facilitating easier identification and comparison of suppliers, negotiating favorable contracts, and expediting the sourcing cycle. Want to learn more?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Manufacturers, take charge of your supply chain!

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

ivalua

MAY 6, 2021

Meanwhile, organizations face myriad external risks: climate disruption, geopolitical issues, increasingly strict legislation and regulations, and, of course, the global pandemic all impact the supply chain, and Procurement is under heightened pressure to mitigate those macro risks with effective sourcing and supplier management processes.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

ivalua

SEPTEMBER 8, 2022

It is critical to have full visibility across all your suppliers and knowing everything about them matters, because this may be the difference between meeting customer demand and falling short of it. Structure a plan to gather complete information about all your suppliers. Ivalua Supplier Management Datasheet.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Expanding supplier relationships. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

ivalua

NOVEMBER 3, 2021

Ahlsell, a prominent international retail solutions provider, has led a complete digital transformation overhaul with a central focus on trading goods supplier management. Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. billion in annual sales.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiating Skills Negotiate Pricing 130

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. In this conversation, Cyrille Naux discusses: The business objectives behind Chassis Brakes’ supplier consolidation exercises.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

Jaggaer

NOVEMBER 12, 2019

The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. In the worst-case scenarios, this can lead to arguments about whose data is the “truth”. Another disadvantage is that suppliers see little or no value.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Network Software Supply Chain Planning Software Optimal Sourcing 78

Kodiak Hub

AUGUST 4, 2023

This blog will delve into why adopting SRM tools can revolutionize your supply chain, backed by reputable external sources. They enable businesses to keep track of their supplier information, monitor supplier performance, assess supplier risk, and manage contracts, thus optimizing the entire supply chain process.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Predictive Analytics Software 52

Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Key digital supply chain features Virtually all aspects of supply chain management can be digitalized.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52