Ivalua Study: Tech Challenges Hinder Procurement

ivalua

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. Key findings include: 97% of advanced procurement departments say procurement strategy is well aligned with overall business strategy versus only 14% of beginners. .

Study 130

PROCUREMENT TRENDS 2021

Eyvo

What awaits the procurement industry in 2021? It goes without saying that procurement will have a different and more refined approach in the coming year. While countries are slightly opening their doors, it is crucial that procurement makes changes that prepare them for what is coming.

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TMS for SMB: A Case Study with Carhartt

Talking Logistics

I began my presentation at last month’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference with that question, in a session titled “TMS for SMB: A Case Study with Carhartt,” where I co-presented with Andra Gibson (Project Manager, Logistics Service Solutions at Carhartt) and Gregg Lanyard (Director, Product Management at Manhattan Associates). Procurement & Contract Management.

4 Ways Modern Software will Empower Digital Procurement

ivalua

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. To maintain its upward trajectory, procurement must now show that it remains relevant as corporate priorities shift to restoring growth.

Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement.

The Science and the Art of Procurement

ivalua

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? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Inevitably, the procurement process is complex and challenging to manage. Our full case study provides details of how the QAD Supplier Portal helped ANCA streamline their purchasing processes. Procurement System Improvement Goals. Streamlined Component Procurement.

3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. The post 3 Ways Procurement Can Help Grow Revenues (Part 2) appeared first on Ivalua. Procurement

Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. These early insights dating back to the early roots of procurement evoke a situation that is still not uncommon to what we see today.

Study 60

Is Procurement Drowning in Data?

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management.

Next Generation Supply Chain Risk Management: A Case Study

Logistics Viewpoints

Supply Chain Risk Management Procurement/Sourcing Supply Chain Visibility supply chain sourcing Risk AGCOWe are entering an era where it is becoming possible to detect supply chain risks much more quickly. A case in point is offered by AGCO. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment.

A Quick Guide to Roles in Procurement

Logistics Bureau

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division.

A Humble 2020 Procurement Resolution – Transform the World 

ivalua

For Procurement leaders, that typically translates into saving a few percent here. For Procurement leaders today, those missed opportunities can be great. But for the most part, Procurement objectives remain too incremental rather than transformative. .

Hey Procurement! It’s Time to SELL!

Supply Chain Game Changer

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Procurement 101.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy.

Global Supply Chain & Procurement Summit 2015

Supply Chain Movement

Global Supply Chain & Procurement Summit. parity.com/global-supply-chain-procurement-summit/. Achieving this goal relies mainly on the Procurement and Supply Chain Management team. Companies need to adopt strategies that can deal with the dynamism and complexity of today’s environment, ensuring that procurement and supply chain functions can be used as the first line of defence for business operations. Date: 15-16 October, 2015.

Client Case Study Video Interview

Eyvo

Client Case Study Video Interview with Lucid Motors, Menlo Park, CA. We did a comprehensive market analysis of the majority of the procurement tools that were available to us and we decided upon the Eyvo eBA system due to a combination of high functionality and reasonable cost. Clearly you can see the system was designed by a team of people who are really expert in purchasing and procurement. E-Procurement Software

How Food Manufacturing Software Drives Profit [w Case Studies]

Unleashed

A smart food manufacturing software solution is able to leverage the power of automation to further enhance the efficiency of procurement, production, distribution and sales. CASE STUDY 1: Gourmet Organic Herbs. CASE STUDY 2: Brandini Toffee.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. The study shows that companies are aspiring to reinvent themselves as an entirely new entity, working to balance all these dimensions to achieve their digital transformation goals. PRESS RELEASE.

Study 131

Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019

ivalua

The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science to art. Just building great Procurement solutions that customers clearly love (in 2018 once again maintaining the industry’s highest retention rate, over 98%). The most eye-catching statistic of the event came from Duncan regarding procurement’s self-assessed v.

CAPS Procurement Analytics Study Highlighted in Inside Supply Management

NC State SCRC

This month’s Inside Supply Management published by the Institute for Supply Management features an article announcing the launch of a study being undertaken by the Center for Advanced Purchasing on the evolution of procurement analytics. I am leading the study along with Tom Choi and two of our students, Jaikishen Venkitaraman and Shweta Murthy, working at the SCRC. There are an incredible number of procurement platforms.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing. Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit will provide: Educational seminars on the latest industry issues. Procurement Metrics.

How Sustainable Procurement is Evolving: Trends From the 2019 Barometer Study

EcoVadis

The 2019 Sustainable Procurement Barometer is here, with some key insights on the current state of sustainable procurement and trends for how organizations around the globe are tackling sustainability in their supply chains. This year marked a significant difference in the types of organizations who participated, uncovering interesting distinctions between organizations with mature sustainable procurement programs and those perhaps at the start of their journey.

Study 40

USDA releases study on Biobased Economy

Supply Chain View from the Field

The USDA released a new study that I worked on with Jay Golden from Duke University this past summer. ” In the next phase of our study, we will be working on the next phase of the report: An i n-depth economic study of biobased products and economic impacts, including research on job creation and economic value. Congress mandated the upcoming study in the 2014 Farm Bill.

Study 69

Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study *.

Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research

ivalua

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study*.

7 Tips: A Guide to Mastering Procurement

Material Handling and 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. However, it is fundamental to empowering procurement success in the modern age. In a recent Forrester study, they found the problem to be poor quality data.

The Procurement Summit – 17 November 2015

Supply Chain Movement

The Procurement Summit. The Procurement Summit provides senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit offers an education-rich event including: - Educational seminars on the latest industry issues. - First-hand case studies on the challenges of procurement leadership.

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

ivalua

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.

New Case Study on Alcatel-Lucent Sustainable Procurement Best Practices

EcoVadis

Case Study. We are pleased to publish a new case study detailing Alcatel-Lucent’s sustainable procurement program. This is a great opportunity for procurement and sustainability teams in any industry to get an inside view on some best practices — whether you’re in chemicals, banking, packaged goods, construction materials or anything in between, you are sure to find inspiration as well as useful tips and examples.

Apple Procurement Leader Hails from NC State

NC State SCRC

Today’s WSJ front page shares the important role of one of Apple’s top senior executives who runs much of the procurement and supply chain activity for Apple – Tony Blevins. He wanted to weaponize procurement in a short-term way.

7 Signs of Excellent Procurement Teams!

Supply Chain Game Changer

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Source: Procurement Leader 2017.

Procurement Outsourcing – Keep your Integrity!

Supply Chain Game Changer

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. Procurement typically negotiates deals for other functions like I/T, HR, Manufacturing and every other area in the company. When selling Procurement Outsourcing services you need to have a lot of credibility to begin. Case Studies.