Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. What does this mean for procurement and supplier management?

GovShop a new way to buy for government supply managers

NC State SCRC

For many years, government contract officers working at the local, state, and federal level, relied on a variety of different networks to search for qualified suppliers. A new product offering by the Pubic Spend Forum provides government buyers with a new, free tool to conduct market intelligence. And yet, one of the biggest issues negatively undermining government markets is the inability of government buyers and suppliers to find and engage commercially with one another!

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Government Procurement Guide for Schools

AFFLINK

Consequently, the government procurement process can be complex and will often need to be streamlined to cut costs. Starting Government Procurement: RFPs. For schools, the government procurement process begins with RFPs: a request for proposal. Government

8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. Tip #2 – Optimize by establishing a framework for master data governance and stewardship.

The Journey to Agile Acquisition: A market trends report for Government Procurement

ivalua

The post The Journey to Agile Acquisition: A market trends report for Government Procurement appeared first on Ivalua

The Governing Institute 2019 Procurement Survey Sponsored by Ivalua

ivalua

The post The Governing Institute 2019 Procurement Survey Sponsored by Ivalua appeared first on Ivalua

Procurement Terminology is a Mess!

Supply Chain Game Changer

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. The way we buy and sell procurement technology needs to reflect this new era.

3rd Australian Government Procurement Summit – 27 – 29 August 2019

ivalua

The post 3rd Australian Government Procurement Summit – 27 – 29 August 2019 appeared first on Ivalua

21st Century Procurement Skills (Guest Post by Christoph Flöthmann)

SCM Research

Our guest post today comes from Christoph Flöthmann, an expert in strategic and digital procurement, who has recently co-authored a new report. Digitalization already has a major impact on procurement, as we write in our new report: 21st Century Procurement Skills. Dashboards, governed by analytics bots, help to detect and prevent maverick buying in real-time without any human input. This is ultimately driving procurement effectiveness, efficiency and compliance.

Project Based Procurement

Claritum

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. The inherent challenges of project-based procurement.

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Going about supplier relationship management and governance in an aimless manner isn’t beneficial for anyone.

Want better supplier adoption of your procurement portal? Start by asking your own sales staff.

OneSCM

A good portion of the value provided by automating procurement and payables processes comes from the labor and cost savings generated from fewer errors and less manual work. The procurement portal has to have enough transactional volume running thru it.

Procurement Terminology is a Mess!

Supply Chain Game Changer

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. The way we buy and sell procurement technology needs to reflect this new era.

Sustainable procurement: a platform to rebuild

Proxima

Consumers, Governments, and Business leaders will be careful about where they spend their money, and they will be looking for Financial and emotional return on investment. Pre-crisis, most commentators were expecting more in-depth regulation to come out of governments.

Technologies that Impact Procurement

Claritum

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Virtual Procurement Agents.

The 3 Pillars of Digital Procurement!

Supply Chain Game Changer

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. Procurement

How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7.

Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

ivalua

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others.

Sustainability : Can Procurement do better than Governments?

EcoVadis

Since the failure of the Copenhagen conference, to agree on a real regulation of carbon emissions last December, it is becoming increasingly clear that governments are struggling to reach agreements on Sustainability issues. In May the French government decided to push back by 6 months the “environmental labeling” regulation, and watered down its scope.

What is Procurement’s Place in the Value Chain?

Supply Chain Game Changer

Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely

Data Governance is real success story in analytics.

NC State SCRC

I recently published a white paper with Balaji Soundararajan and Joe Yacura, focused on the topic of data governance. With the sheer volume of data projected to increase tenfold by 2020, the procurement and supply chain function is no exception to challenge of assessing better ways to leverage this dramatic increase in both structured and un-structured data. Data Governance” Institute). How should companies get started on a data governance program?

Procurement Experiences, Trends and the Future!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects.

Ivalua Public Procurement & Acquisitions Summit to Showcase Innovations & Government Success Stories

ivalua

Premier event for Acquisitions / Procurement practitioners will showcase the innovations and best practices delivering improved efficiency, transparency and value to taxpayers. The Ivalua Public Procurement & Acquisitions Summit will bring together thought leaders and public sector professionals at the Ronald Reagan International Trade Center in Washington D.C. A case study on how Shared Services Canada is transforming federal procurement in Canada.

Government’s no-deal Brexit report shows it's now or never for organisations to prepare their supply chains

Manufacturing & Logistics IT

By Alex Saric, smart procurement expert at Ivalua. The government’s Brexit impact assessment has laid bare everything organisations have been worried about

Why Procurement Transformation Can Fail!

Supply Chain Game Changer

What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. What do I mean by Foundation in Procurement Transformation? Subscribe Here! Email Address.

Indirect Procurement – It’s Time to Rise and Shine!

Supply Chain Game Changer

Yet the lack of attention and focus that Indirect Procurement is often given is inconsistent with the true importance of this area. Indirect Procurement takes a back seat to Direct Procurement unfortunately. But it is time for Indirect Procurement to stand up and be counted!

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Procurement ROI. Subscribe Here!

Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain.

The Divergent Procurement World

Claritum

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations).

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale.

Putting Procurement Front and Center of Your Supply Chain

Oracle SCM

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. By Mark Lauterbach.

Paving the Way for Sustainable Public Procurement

EcoVadis

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. National Procurement Standards. The commitment to sustainable procurement extends to ensuring suppliers follow sustainable practices.

Squirrelling Away – How panic buying is affecting the supply chain

All Things Supply Chain

Scared that their Government is, if it hasn’t already, going to implement a military style “total lockdown” to… General Procurement Management Supply Chain Management coronavirus procurement management supply chain management

Tariffs and Procurement: A perfect match?

Proxima

According to recent Procurement Leaders research , 40% of category managers are anticipating risk associated with tariffs. Tariff – A schedule of duties imposed by a government on imported, or in some countries exported, goods. government $20 to export the widget.