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The Science and the Art of Procurement

ivalua

The huge growth in the use of technology has been the most visible part of that developing picture. I first saw this term used a few years ago by Philip Ideson, as a title for his website and excellent series of podcasts, and it feels like this may be an idea whose time has come.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

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Why Is Supplier Experience Now Such a Key Priority?

HICX

In turn, this has led to high levels of interconnectedness and dependence between organizations, as well as abundant choice for the buyer, whether consumer or business. Furthermore, failure to tackle data quality issues created in the past will hamper the ability to obtain full visibility, thus creating even more ambiguity.