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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

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Managing Tail Spend to Avoid “Porcelain Dalmatians”

Una

When effectively managing tail spend, companies report saving 10 percent or more, which can be a significant addition to the organization’s bottom line. Five steps to setting up a tail spend management process. Have your procurement team collaborate on what categories can be added to tail spend management.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process. About Ivalua.

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Category Management in Procurement

NLPA (Next Level Purchasing Association)

These KPIs could include total cost of ownership, supplier delivery performance, or on-time in-full rates. Overcoming Challenges for Successful Category Management in Procurement While the benefits of category management are substantial, implementing it can come with its own set of challenges.

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The Criticality of Procurement Training in 2023

NLPA (Next Level Purchasing Association)

They all include enhancements of: Spend Management. The underpinning of effective spend management is the capacity to formulate and execute an Annual Buying Plan. However, the leverage of other critical skills is required to be successful in today’s business landscape. Supply Chain Agility and Visibility.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

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E-Procurement Strategy: 6 Steps to Implement a Plan That Works

Procurify

When it comes to shortcomings in procurement processes, here are some problems you should look out for: Maverick spending (rogue spend). High total cost of ownership (TCO). It can help you reduce costs and aid better relationships with suppliers if done the right way. . Late order delivery.