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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

ivalua

Having a complete view of all activities across the Source-to-Pay process is paramount to building effective and resilient supplier relationships. Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions. About Ivalua.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sources innovation by engaging suppliers in new product/service development. What are the company's goals for growth, cost reduction, sustainability, innovation etc? Supplier Relationship Management Your suppliers are partners in delivering value. This makes it easier to resolve problems, drive innovation, and create win-wins.

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

Zycus Cognitive Procurement

Procurement professionals who can define, execute and implement strategic planning processes are required for resilient and innovative procurement functions. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Importance and Impact on the Organization – Delivery metrics are vital for maintaining a smooth and efficient supply chain.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Strategic Supplier Management: Digital tools enable comprehensive supplier performance monitoring and evaluation. Organizations can leverage spend analysis data to assess supplier performance, identify opportunities for collaboration and innovation, and nurture long-term partnerships.