Procurement Insights

JUNE 6, 2024

How does “visualizing spending, benchmarking suppliers, and maximizing profits” impact the following areas individually and collectively? To what degree does a breakdown or inefficiency at one point have a ripple effect through the other E2E touchpoints? Here are five critical “touchpoints” in the supply chain.

e2e 65

e2e Supply Chain Visibility Real-time Visibility Supply chain 65

Pipefy

JUNE 5, 2024

This approach to taking your business to the next level often involves end-to-end (E2E) processes to deliver solutions. What is an end-to-end process? The end-to-end philosophy emphasizes eliminating middle layers and steps to increase efficiency, performance, and cost savings.

e2e 40

e2e Supply Chain Efficiency supply chain software solutions supply chain budgeting 40

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

ivalua

SEPTEMBER 13, 2020

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.

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e2e Procurement Budget Contract 147

Supply Chain Game Changer

APRIL 7, 2020

In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! The necessity for visibility started with store shelves being emptied of toilet paper , food, and various household items. Full visibility as to your whereabouts exists and is used every day.

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Supply Chain Visibility e2e Real-time Visibility supply chain software solutions 88

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

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supply chain software solutions Suppliers Management Purchase orders 134

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Supplier Receipt and acknowledgement ?Supplier

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Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

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e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

ivalua

MAY 30, 2022

To stay ahead of all of these risk factors and changing demands, organizations need to discard their linear supply chain models and embrace an autonomous, end-to-end connected ecosystem. High levels of visibility reduce supply chain risk and address sustainability initiatives, such as tracking a product’s full line of custody.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

ivalua

JUNE 17, 2022

In this regard, monitoring supplier performance, compliance, and the flow of materials from the lowest tier of supply to the end consumer is key to promoting end-to-end visibility. The majority of heads of procurement (65%) are investing in AI and RPA technologies to future-proof their organizations.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk Supply chain resilience 130

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.

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Procurement e2e Real-time Visibility Competitive bidding 169

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier.

Data 100

Data Suppliers Management Procurement 100

ivalua

OCTOBER 29, 2019

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. The public needs spend and supplier selection transparency. Why Ivalua for Public Sector?

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e2e Procurement Bidding Contract 113

Procurement Tactics

DECEMBER 7, 2022

It optimizes the cash flow that enables the business to lengthen its payment terms to its suppliers while providing an option for when a supplier will be paid. While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances. Ultimate Supplier Plotting Checklist 2022.

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

Procurement Tactics

MAY 22, 2023

It also requires close collaboration and coordination among all the stakeholders in the supply chain, including suppliers, manufacturers, distributors, and retailers. CERTIFICATE COURSES Related courses about this subject 1. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

ivalua

OCTOBER 6, 2021

Beeline Extended Workforce Platform will interact with Ivalua’s comprehensive spend management platform, enabling clients to acquire talent, manage contingent labor, and optimize their external workforce seamlessly from a complete source-to-pay platform which enables the management of all suppliers and spend categories.

e2e 130

e2e Spend management Suppliers Sourcing 130

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

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e2e Procurement Purchase orders Project management 133

IBM Supply Chain Blog

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

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e2e Suppliers Procurement Contract 130

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. It Pays to Partner!

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e2e Buyers Suppliers Supply chain 130

ivalua

JULY 21, 2021

“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We ABOUT CONSUS GLOBAL.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

ivalua

MAY 19, 2022

Having the complete source-to-pay journey within the Ivalua Platform will help our customers build stronger, reliable supplier relationships”, said David Khuat-Duy, Founder and CEO of Ivalua. All this is transparent across the payment journey, to the buyer and supplier. How does the solution remove friction in the supply chain?

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Procurement Tactics

JUNE 28, 2023

It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. Supplier Performance The quality, timeliness, and adherence to contractual commitments of suppliers shall be monitored. This approach promotes efficiency throughout the whole procurement process.

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

APRIL 6, 2021

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

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Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Leaders

JUNE 10, 2024

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. Which leaves 28% of those who responded admitting that the visibility they have is “not great” and, at best, goes as far as Tier-1. This is surprising.

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e2e Real-time Visibility Supply Chain Efficiency Raw materials 100

Supply Chain Game Changer

NOVEMBER 13, 2018

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 72

Real-time Visibility e2e Supply Chain Efficiency Supply chain 72

ivalua

OCTOBER 29, 2019

They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status. All systems must make it possible to track and report on what is being done with funds so that taxpayers have sufficient understanding and trust the decisions being made. Frankly, they are struggling.

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e2e Bidding Contract management Contract 145

HICX

FEBRUARY 19, 2024

This session will highlight best practices related to supplier onboarding and enablement including the use of supplier portals. Hackett research has shown that supplier onboarding is becoming more of a critical development area for companies particularly as organizations place a greater focus on managing supply base risks.

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Suppliers e2e Risk Management 52

IBM Supply Chain Blog

JUNE 30, 2023

Visibility. Visibility into other key inventory (e.g., Automate to ensure consistent service levels Without real-time demand sensing combined with visibility into performance across supplier networks, increasing grid/energy demands for consumers and growing communities can lead to product excess or shortages.

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e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Procurement Tactics

DECEMBER 20, 2022

By creating a unified and efficient process, companies and suppliers can save time and reduce errors when discussing contracts. . Most of this software is designed to provide visibility into corporate spending, create ways in making the contract process efficient, and lower administrative costs. Download Whitepaper →. .

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Contract Management e2e Contract management 130

ivalua

JANUARY 27, 2021

According to Walden, the three main barriers to digital transformation are a lack of supplier adoption, poor matching rates and broken process silos: Lack of supplier adoption: Suppliers have a wide variety of invoicing capabilities, depending on their level of technological maturity and the systems they use.

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e2e Real-time Visibility Suppliers Supply Chain Optimization 26

ivalua

JULY 14, 2021

In order to truly cross this chasm, your business does not require major construction, but simply a supplier self-service portal. Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier. This portal acts as a bridge between the Invoice and the Electronic Payment.

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Real-time Visibility e2e Suppliers Purchase orders 130

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility.

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e2e Sourcing Real-time Visibility Contract 98

Spend Matters

MAY 21, 2024

Our first practitioner-focused viewpoint came from Sören Petsch, head of procurement at end-to-end e-commerce solution Rithum — How intake cuts to the point. The idea was to keep time-tested S2P tools intact while enhancing visibility and efficiency in procurement.

e2e 104

e2e Procurement Contract management Leadership 104

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130