Modern CPOs on their way to Smart Procurement

ivalua

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.” What we can notice is that the application of Smart procurement technologies is becoming key for them to think strategically, act quickly and take the right decisions at the right moment in a permanently evolving environment. The post Modern CPOs on their way to Smart Procurement appeared first on Ivalua.

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

ivalua

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. The event is free to attend and aims to attract hundreds of procurement and supply chain professionals to discuss and learn more about the latest industry trends and processes. In the process, these advances are enabling procurement leaders to look beyond their traditional remit.

A Procurement Resolution – Realize Your True Potential

ivalua

For Procurement leaders in particular there couldn’t be a better time to do so. A recent study by the Hackett Group found that only 63% of Procurement organizations have even developed a plan for digital transformation. Innovation. Alex Saric, Chief Marketing Officer, Ivalua.

Digital Procurement – Pack your bag, you are going on a journey

ivalua

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. Digital Procurement – a place we are planning to visit soon (and hopefully stay).

How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Supplier bases are a great source of potential innovation. Subscribe Here!

eWorld Procurement & Supply 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Procurement Automation. Internet of Things (the impact on procurement). Procurement Advocacy and Stakeholder Engagement. Getting to Grips with Cloud-Based Procurement.

eWorld Procurement & Supply September 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives.

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? Remember iPods?

SIG Webinar on Procurement Analytics and Innovative Data Leveraging

Supply Chain View from the Field

The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM. I emphasied to Alex that I had seen a similar trend – that purchasing executives seek to drive procurement value transformation, many find themselves struggling to make progress in these three areas of change.

Procurement Transformation Delays – The Role of Personality!

Supply Chain Game Changer

Pain Points – An Opportunity to Innovate and Expand! Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. Subscribe Here! Email Address.

Procurement Leaders ’17: Supplier enabled innovation is a foundation for procurement’s strategic repositioning

NC State SCRC

I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. PL’s research shows that for procurement, cost savings is still the main issue that executives focus on. What is a culture of innovation?

Are Mega Acquisitions Toxic for Product, Process and Supply Chain Innovation?

Supply Chain Matters

Consumer Goods Focused Supply Chain Food and Beverage supply chain High Tech and Consumer Electronics Supply Chain Procurement and Sourcing Product Lifecycle Management Supply Chain Strategy Supply Chain Technology implications of AB InBev acquisition of SABMiller implications of Dell acquisition of EMC Corp product innovation supply chain innovation Supply chain Matters blog

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors.

SCRC Meeting: Closing the Gap Between Marketing and Procurement

NC State SCRC

” This session captures the essence of what I believe is wrong with procurement’s relationship with sales. It’s about time that we re-think the sales-procurement relatinship. The explosion of data, cloud-based computing, and the rise of other forms of technological innovations have allowed organizations to access more data than ever before in real-time. How has the need for responsive supply chains shifted the role of industrial marketing and procurement?

eWorld Procurement & Supply – 22 September 2015

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. The UK’s most comprehensive business forum for Procurement, Sourcing and Supply Chain Technologies. Soft skills for procurement professionals. Social media and procurement.

3 Reasons Why Procurement Transformations Fail!

Supply Chain Game Changer

What’s the Difference between Procurement and Purchasing? I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). Finally, my favourite; Innovation!

Unlocking Innovation from Your Supply Chain – Lessons from Formula 1 Racing

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. Afrika Morris, Senior Field Marketing Manager UKI at Ivalua.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

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.

6 Lessons for Procurement Digitization

ivalua

Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurement innovation is going to require strong leadership and expert guidance. BUT, technology is only there to empower innovators through their paradigm shift.

Alcoa’s Proactive Acquisition and Product Innovation Efforts Are Paying Off

Supply Chain Matters

Aerospace Supply Chain Automotive Supply Chain Procurement and Sourcing Product Lifecycle Management Supplier Collaboration Alcoa Inc Ford F-150 supply chain integrating product innovation and supply chain strategy product innovation Supply chain Matters blog

Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. A Paradigm Shift in the Procurement Function. The Evolution of Procurement’s Value Proposition. Procurement professionals need to get savvy.

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.

Five Ways AI Will Turbocharge Procurement

HICX Solutions

The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Driving innovation. The post Five Ways AI Will Turbocharge Procurement appeared first on HICX Solutions.

IVALUA NOW 2019 reveals innovations that will transform The Art of Procurement

ivalua

Premier event for Procurement & Supply Chain practitioners will showcase latest innovations in Artificial Intelligence and extensive line-up of industry leaders. We are looking forward to celebrating their successes and showcasing the latest innovations to empower them further.”.

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

ivalua

Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. In addition, Axbility Consulting will support Ivalua in strengthening its professional services leveraging Axbility Consulting’s unique methodology and change management capabilities to deliver best practices and tangible results for customers aiming to transform Procurement.

EPE – European Procurement Excellence 2016

Supply Chain Movement

EPE – European Procurement Excellence. Providing procurement value in a complex world. In a world in which procurement is emerging as the key value driver for maintaining a company‘s competitive edge, the role of CPO is becoming more strategic.

7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Master Innovation.

A Tour of Healthcare Supply Chain Innovation in Action

Supply Chain Matters

According to a 2015 survey of hospital executives commissioned by Cardinal Health, services reimbursement followed closely by the increasingly higher costs of supplies are two of the biggest challenges facing these executives. Financial issues, drug shortages and efficiency of the overall organization follow as major concerns. One can notice a common theme among hospital executives […].

Procurement Leaders Forum Part 2: Procurement’s Role in Open Innovation

Supply Chain View from the Field

Steve Baggott, the leader of Procter and Gamble’s Connect+Develop open innovation program spoke at Procurement Leaders this morning, and shared the importance of changing views of working with suppliers. He notes that 80% of the time C+D is seeking out specific innovation needs that are strategic – and looking for solutions to those innovation needs. This is an open invitation to a discussion on innovation.”

3rd CEE Procurement & Supply Forum

Supply Chain Movement

3rd CEE Procurement & Supply Forum. This includes intelligent purchasing concepts and innovative collaboration. More than ever, suppliers have to go beyond simple product delivery – they are innovation and value-creation partners. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum. Date: 19 October, 2016. Venue: Prague, Czech Republic. Organisation: BME Verband. URL: www.bme.de/en/all-events/cee/.

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

New Iterations and Larger Stakes in Supplier Based Innovation

Supply Chain Matters

In 2012, The Economist described the dawn of the Third Industrial Revolution, an era that would feature the digitization of manufacturing and the use of new, stronger and more innovative composite materials. Aerospace Supply Chain Manufacturing Strategies Procurement and Sourcing Product Lifecycle Management Supplier Management Airbus supply chain Boeing Supply Chain GE Aircraft supply chain General Electric supply chain Supply chain Matters blog

Direct Material Woes: Seven Steps to Take to Improve Value

Supply Chain Shaman

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. Most of the focus in the last decade was on indirect procurement.

Implementing Innovation and the Importance of Addressing Organizational Culture

Supply Chain Matters

There are important reminders that organizational attempts for implementing strategies of radical innovation are often stymied by inherent organizational culture. […]. Procurement and Sourcing Supply Chain Strategy Supply Chain Technology Supply Chain Transformation implementing process and product innovation Supply chain Matters blog We call Supply Chain Matters reader attention to a very insightful article: Culture Eats Strategy.