article thumbnail

We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

ivalua

Director Strategic Sourcing Digital & Functional Transformation, . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner. Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.

article thumbnail

A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Procurement and supply chain teams will play a crucial role in making this vision a reality. Developing and executing category strategies is critical to effective strategic sourcing. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

article thumbnail

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

article thumbnail

Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

article thumbnail

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. Streamline procurement activities and reduce costs by using eProcurement and Internet Reverse Auctions. •

article thumbnail

Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.