PROCUREMENT INSIGHTS
realise there is competition which encourages more competitive pricing .”
The company introduced Ivalua in 2016 . Prior to this it was using only traditional manual sourcing methods with no visibility on spend or central database for maintaining contracts beyond their expiry . Allowing it to manage a dual structure of internal stakeholders and external vendors , Blackberrys has embraced automated processing , lowering risk and increasing efficiency while utilising hassle-free tracking ( when issuing the PO to realise savings in the post sourcing process ) and renewal of contracts for improved control and transparency .
With annual spend of $ 100mn , Blackberrys introduced Ivalua in 2016 across six of its spend categories : New Store Projects , Packaging , Gifting & Events , Visual Merchandise , Contract Labour & IT Infra and
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