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

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

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

ivalua

Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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Why Agility and Creativity are the New Vital Procurement Drivers  (but don’t sacrifice “effectiveness”)

ivalua

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . The task of processing thousands of purchase orders may be executed “efficiently”, but there may well be more effective ways of managing this need – for instance, users having access to online guided buying catalogues. August 2019.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further. Doug has a B.S.

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Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. The road to success is about “finding the innovation that exists in the supply chain and bringing that back through the organization,” Bartolini says. .

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. However, failing to strategically measure purchasing performance can have significant impacts.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.