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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

The following is a 31-minute video of a 2011 lecture I gave at eWorld. It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025.

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Ivalua Further Grows its Procurement Solution Business in Canada

ivalua

This exciting project provides TELUS’ employees with the ability to purchase everything they need to support their business through an easy-to-use and optimized procurement experience, ” said Dan Amzallag, COO of Ivalua. Optis Consulting was named Ivalua’s 2021 North American Partner of the Year.

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Canada’s Federated Co-operatives Ltd. (FCL) goes live with Ivalua’s Source-to-Contract (S2C) solution with seamless integration to TealBook’s AI-powered supplier data foundation

ivalua

As a center-led procurement function FCL used Ivalua’s solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL’s procurement governance. learn more, please visit www.optisconsulting.com. About TealBook.

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T-Mobile’s approach to boosting diversity throughout the supply chain

Procurement Leaders

The telecoms company has had a supplier diversity programme in place since 2011, offering diverse suppliers support such as reduced payment terms, with significant success – spend with diverse suppliers rose by over 200% between 2017 and 2020 alone. The supplier diversity team has been grown from just one person to four since 2019.

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Protecting your supply chain against catastrophic events

Spend Matters

For example, the 2011 Tohoku earthquake and subsequent tsunami in Japan upended automotive supply chains across the globe, with car part facilities temporarily shutting down in the United States, Thailand, the Philippines and Indonesia.

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6 Lessons for Procurement Digitization

ivalua

Seeking to light the way on the journey, Procurement Leaders, Covéa and Ivalua joined forces on a recent webinar to inspire Procurement leaders as they boldly go where few Procurement teams have gone before. This was led internally by a committed and agile team. Here are the key takeaways.

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Procurement Bill 2023 becomes Procurement Act 2023 after receiving Royal Assent

Barkers Procurement

Plan ahead for training and upskilling that your procurement teams will need. Review the changes that are required for Procurement policies, procedures and systems to ensure they align with the new regulations. We help lots of public sector organisations and private sector companies with their procurement.