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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

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Walmart’s Carriers of the Year 2015

The Network Effect

Congratulations to Walmart’s Carriers of the Year for 2015. Walmart’s Carriers of the Year 2015. Source: CCJ. The post Walmart’s Carriers of the Year 2015 appeared first on The Network Effect. Hunt Transport Services. Intermodal. Third-Party Logistics Carrier. Central Transport. LTL National.

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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating.

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Coupa acquired by Thoma Bravo — First Take Analysis: Competitive landscape, ecosystem and customer implications

Spend Matters

In 2015, the year before Coupa went public, it reported revenues of $50.8 Beyond the immediate financial considerations for Coupa shareholders, Thoma Bravo’s acquisition marks the beginning of a new chapter for the procurement technology market, which has grown to encompass materially more than source-to-pay alone.

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IvaluaNow – the Morning After the (Louvre) Night Before

ivalua

He also talked about Forester’s vision of “intelligent platforms and their ecosystems”, but just one final point for now, which is Jones’ comment that to succeed “you need vendors (solution providers) who are open to a lot of external data and information sources”. The aims were; Sourcing process harmonization and best practice sharing.

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How Useful Is The Gartner Hype Cycle for Procurement and Sourcing Solutions

Procurement Insights

“The Gartner Hype Cycle for Procurement and Sourcing Solutions helps companies understand the maturity and potential of different procurement technologies over time. I decided to access ChatGPT once more to ask the following series of questions: What percentage of procurement and sourcing solution implementations failed in 2000?

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Public Procurement & Supporting Apprentices

Procurement Templates

Source: [link]. Action Note 14/15 27 August 2015 Issue. Timing The provisions of this Action Note will take effect for procurements advertised on or after 1 September 2015. Raising skills levels within the UK workforce is key to delivering sustainable growth. Further Guidance 12.Material Where appropriate (e.g.