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

ivalua

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place. In addition, our Contract Management module helps Manufacturers to easily track milestones and consumption in real time across multiple agreements.

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Supplier Collaboration Software — What You Should Know

Procurement Tactics

The platform also helps track how well suppliers are performing, manage contracts with them, and analyze how much money is being spent on supplies. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. CERTIFICATE COURSES Related courses about this subject 1.

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Digital Procurement Tools: How much do they cost?

Procurement Software

May also have integrations with other data points, or offer vendor intake or contract management capability. This is the territory of automated negotiation, game theory, and multi-tier supply chain monitoring when it comes to third party risk and compliance. Able to evaluate non-price factors within the tool.

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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Learn more at www.ivalua.com. Media Contact.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

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The Key Benefits of Outsourcing to Managed Procurement Services

Empowering CPO

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. Our contract management and supplier relationship management services help manage the risks associated with procurement.