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Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174.

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

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Purchasing is more transactional and tactical. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing's value-add is more limited.

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3 ways collaboration can make supply chains more durable

Strategic Sourceror

This was a sentiment shared by just about every product-based company during the pandemic, when the efforts designed to stamp out COVID-19 wound up wiping out supply chains more than anything else. Many of those supply chains remain in rough shape in a variety of respects, from raw materials being hard to come by to staffing shortages.

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Digital Procurement Tools: How much do they cost?

Procurement Software

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.