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Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement

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He focused initially on sourcing and category management, because that would give the biggest return on investment as the firm moved from contract administration, to tactical sourcing, to true CatMan and strategic sourcing. Simplification of systems and tools was a key part of the programme.

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New Year Insights for the procurement solutions and services marketplace 2024: mdf commerce

Spend Matters

Focusing on the core procurement functions will enable them to prioritize strategic sourcing by leveraging procurement analytics that empower data-driven decisions. Effective contract administration is the last outcome of the S2C focus in public procurement.

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ChatGPT Response Table for Procurement

The Good Spending

E.g. strategic sourcing is the methodology of leveraging purchasing power and selecting suppliers to achieve control and value. For example, I found it helpful to use as an arbitrator for the Legal vs. Procurement dispute of one of my clients regarding the ownership of the contract administrator role.

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Chat GPT Take on Procurement Leadership

Procurement Templates

These courses cover topics such as strategic sourcing, supplier management, contract negotiation, procurement analytics, and risk management. Courses on contract management can equip you with knowledge about contract administration, legal aspects of contracts, contract negotiation, and contract performance management.