Remove Contract management Remove Real-time Visibility Remove Supply chain resilience
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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Learn more at www.ivalua.com. Media Contact.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. The post ERP vs.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

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MCIPS vs SCMDOJO Procurement Track

SCMDOJO

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. The interactive approach caters to learners who want to develop practical skills and gain real-world insights.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Another report found that 50% of respondents are investing in AI to improve employees’ use of time and allow for more high-value work. Reduce complexity.