Remove Bidding Remove Price Remove Supply chain resilience
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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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

ivalua

Automated Bid & Buy: Empower users to conduct simple and automated spot bids from within a purchase requisition. This will free up more valuable time for users to manage critical issues around supply disruption, price volatility, as well as environmental, social, and governance risks.”. Procure-to-Pay. About Ivalua.

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5 Procurement Industry Trends to Watch in 2025

Arkestro

E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids. Subscribe to news from Arkestro.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Beyond Compliance: How Procurement Can Drive ESG Leadership and Decarbonization

Jaggaer

Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience. At H&Z we have developed a three-step approach to addressing this challenge: First, measure the emissions related to the companys supply chain.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

Sustainable bidding. Procurement can integrate eco-friendly practices into bidding strategies by setting clear sustainability criteria, prioritizing suppliers with established sustainability practices, and requesting detailed sustainability plans from suppliers. Contract management.

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A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead

Arkestro

Some of these requirements may include technical specifications, validation tests, program milestones, tracking design or price changes, and much more. Long-term agreements (LTAs) and annual part-price PPV (purchase price variance) negotiations are all part of the mix.