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Aker BP Goes Live with Ivalua to Digitalize Source-to-Contract (S2C) and Supplier Management

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“Ivalua provides us with greater transparency and data-driven insights which will allow us to improve our sourcing decisions and contract management, and also optimize supplier management”, said Niklas Selle, Digital transformation lead in Supply Chain at Aker BP. “We Learn more at www.ivalua.com.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

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How to Navigate ESG Risk with Supplier Management Software

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Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supply chain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supply chain digitization will be the most likely to succeed.

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What does the German Supply Chain Act Mean for Procurement?

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The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

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The Supplier Management Secret Recipe

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Kodiak Rating’s Family Secret Recipe for smooth Supplier Management. 4 tsp | Supplier Segmentation.

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Integrated Supplier Management: Plan, Execute and Adapt

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If the pandemic and other global events of the past year have taught us anything, it’s that supply chains are fragile and easily disrupted. Adaptive Manufacturing Enterprises understand that integrated supplier management can reduce supply chain risk and improve business performance.

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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

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Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.