PROCUREMENT INSIGHTS
their solutions . “ Currently we ’ re using their tools for online negotiations . We have been tracking performance and this year are planning to introduce procurement to purchase order with Ivalua so we are able to achieve end to end tracking of what services have been awarded to our suppliers ,” reveals Gupta .
“ When I look at my theoretical savings versus practical savings there is a gap of almost 30 % – Ivalua can help with that when we make the transition from manual to system-based tracking of contracts which are awarded following online auctions with suppliers .” He concludes : “ The dynamics of the supply chain requirements for retail are changing on a daily basis so we ’ re open to further enhancing our digital capability for strategic sourcing .”
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