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On 27th-28th April 2022 I had the opportunity to attend Procurement & Supply Chain LIVE, an event hosted by BizClick Media Group. I attended the 2-day conference online, watching the…
As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways.
The Chief Procurement Officer Summit is… We are excited to announce that the CPO Summit returns on November 2-4th of November at the JW Marriott Marquis Miami, Miami, FL USA!
Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. to a virtual event, taking place on May 5 and 6, 2020. to a virtual event, taking place on May 5 and 6, 2020. Redwood City, CA.
A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. According to one procurement leader we spoke to, all that changed around 2020. That statement couldn’t be less true today.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. The event promises to be a great evening of sporting competition and networking, all in the name of a fantastic cause.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. The event promises to be a great evening of sporting competition and networking, all in the name of a fantastic cause.
EDITOR’S NOTE: This post is inspired by the following comment in a related discussion stream on LinkedIn: Conference Attendance: Past 20 Years Qualitative Trends Over 20 Years 20052010: Steady Early Growth Conferences like ISM World (founded earlier) and SIGs Procurement Technology Summit began formalizing procurement as a strategic function.
In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
Last week, Procurement Leaders landed in the “live music capital of the world” for our latest event, Tomorrow’s Procurement Leader. The event offered an opportunity for senior practitioners to explore the hallmarks of successful strategy execution. Which takes us neatly to Austin, Texas. Why Austin?
In advance of the new financial year, this will be an opportunity for networking and discussion around all things procurement and interim management. If interim management within procurement is your specialism, or indeed if your business has had requirements for quality interim managers in this space, then please join us for a drink or two!
33 Procurement Interview Questions in 2022. World Sustainable Procurement Day — The Ultimate Guide. World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry?
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Ivalua’s events have been consistently strong for several years now.
Despite the cold weather, the room was filled with passionate public procurement practitioners and suppliers who were eager to chat and learn. Recent successes include: In 2024, 321 new government procurement teams were onboarded. The State of New York is adopting SOVRAs fee optimization program via the Reconciler tool.
Coupa announced during its Inspire 2025 event that it has acquired Cirtuo, a provider of category management (CatMan) software. The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events.
Procurement success in 2023 with our Strategy Course. Procurement Conference — 10 Best Procurement Conferences. Attending a procurement conference allows you to meet like-minded professionals and industry peers in procurement. However, what are the reasons why procurement professionals attend a conference?
33 Procurement Interview Questions in 2022. Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know. However, what is its impact on procurement? . In this article, we will discuss what corporate social responsibility and sustainable procurement are.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.
Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. This series shapes a five-phase approach to aligning finance and procurement. Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration.
In this episode of The Procurement Software Podcast, host James Meads welcomes Gregory Vider, co-founder and CEO of Apadua, to discuss their recent Indirect Procurement Days invite-only mini conference held near Frankfurt, Germany. 00:04:11] Procurement and stakeholder collaboration. [00:11:41] Another advantage?
A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Reduced errors, fraud and risk.
In late 1998, with funding from the Government of Canada’s Scientific Research & Experimental Development (SR&ED) program, I converted my “strand commonality” theory into one of the industry’s first web-based procurement platforms. of the time. Hansen in 1998. success rate. success rate.
While ESOMAR’s conference is not procurement-oriented, which is different from many of the events we cover, there are still plenty of good reasons why our readers might consider attending its future conferences. Secondly, the insights on research methods are applicable to many in procurement.
During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. Thanks for having me!
Going all the way back to the philosopher Heraclitus, the only constant has been change, a fact that has only intensified in recent years with global events and technological innovations. The characteristics of procurement organizations that succeed with change management programs and the cost of change management failure.
33 Procurement Interview Questions in 2023. Best Legal Procurement Practices for Successful Workflow. Effective procurement process management will lead to a successful procurement cycle. Here are some of the best procurement policies and procedures that will get your business on the right track. Due Diligence.
Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. In short, AI is making manufacturing procurement faster, smarter and more resilient than ever.
Estimating the cost for an average procurement professional to attend the five conferencesDigital Procurement World (DPW), ISM Annual Conference, Procurement Leaders (World Procurement Congress), SIG (Global Executive Summit), and Supply Chain Canada National Conferencerequires factoring in registration fees, travel, and accommodation expenses.
Moreover, 80% of UK businesses say that Black Swan events such as Brexit, COVID-19 and the War in Ukraine have “left supply continuity on life support”. These findings lay bare the significant toll of supply chain disruption on UK businesses,” comments Alex Saric, smart procurement expert at Ivalua. added Saric.
The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. These highly newsworthy events serve to highlight why businesses are nervous about this risk.
In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.
MODEL #1 An agent-based model (ABM) within a Metaprise framework offers several advantages over an equation-based intake and orchestration model in procurement: 1. Procurement Insights Equation-Based Models: Expanding these models often requires redefining equations and parameters, making scalability more challenging. Pitt Site 3.
It’s possible, for example, for a business to be vigilant, see signs of a labor dispute and take action to make sure that doesn’t transpire into a full-scale factory walk-out, but more often this type of risk event comes as a surprise to the supplier and its customers. Some suppliers don’t make it through at all.
Located at the Caesars Superdome, the two-day event featured keynotes, breakout sessions, solution demonstrations, partner/sponsor booths and more. Both conferences were titled Innovate to Elevate and highlighted the impact of AI on procurement tasks. The first Ivalua NOW conference of 2025 took place in Paris in March.
Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. We wanted to ask her what she has witnessed as the main motivator for procurement transformation.
The procurement department of a company can be one of its quiet driving forces. In this blog post, we will teach you on how to structure the procurement department. In this blog post, we will teach you on how to structure the procurement department. Use AI to organize your procurement department 1.
33 Procurement Interview Questions in 2022. MRO in Procurement — Everything You Should Know. MRO is one of the frequent words that you will encounter in the procurement industry, especially within its operations. What is MRO in Procurement? Integrate a procurement software solution. Download Free Whitepaper ?. ?.
Digital procurement tools offer both immediate benefits and long-term returns. Below are ten areas where digital procurement can deliver almost immediate improvements. Better Data One of the biggest advantages of digitising your procurement operations is improved data quality.
Like every year (except during the peak of Covid when the event was 100% virtual), Ivalua selected a prestigious location: Versailles. The event was held at the Palais des Congrès in Versailles, just a few meters from the Palace of Versailles. Procurement can ‘reinvent’ itself to meet growing complexities and need for performance.
The same questions can be asked of a career in procurement. With advancements in automation and artificial intelligence, many industries are seeing a shift in how work is performed, and procurement is no exception. However, despite these changes, a career in procurement can still be considered future proof for several reasons.
So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. What Is Predictive Procurement and How Is It Reshaping High-Tech Manufacturing? Predictive Procurement is the latest evolution in digital procurement processes.
Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events and cover broader ground without additional resources.
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