Collaboration Import Spend management 
NLPA (Next Level Purchasing Association)
MARCH 16, 2023
Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. Spend Management is a crucial element in ensuring that we achieve our financial goals.
ivalua
MARCH 5, 2020
Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. My own contribution was to lead a discussion around collaboration.
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ivalua
JANUARY 31, 2023
This puts the Procurement function in a central role towards establishing a transparent emissions baseline using reliable data and collaborating with suppliers on carbon savings plans to meet reduction targets and for reporting and risk assessment. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software.
ivalua
JANUARY 29, 2020
What does this mean for procurement and supplier management? Crucially, it suggests that the dominant model of supplier engagement needs to be collaborative rather than adversarial in nature, at least for key strategic suppliers. However, supplier collaboration is much easier to talk about than implement.
Procurement Software
MARCH 11, 2022
Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. What is tail spend?
Procurement Software
MARCH 11, 2022
Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. What is tail spend?
ivalua
AUGUST 21, 2022
Data-driven approaches in which all parts of the supply chain are readily available to heads of procurement is essential for extracting actionable insights and crafting effective spend management solutions. Notably, 43% of our respondents also identified visibility into their sub-tier suppliers as an important strategy.
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