Ivalua’s Post

Continuing from yesterday’s post on P in Procurement (Planning + Partnerships), today it’s time to unlock the next letter: R. In procurement, R stands tall for Risk Management + Regulatory Compliance. Why? Because procurement doesn’t just buy, it safeguards. Risks are everywhere from supply chain disruptions to market volatility and compliance is the guardrail that ensures every decision is ethical, transparent and trusted. When risk awareness meets compliance discipline, procurement becomes more than a function . It becomes a protector of value, reputation and resilience. Stay tuned for tomorrow’s post as we continue decoding PROCUREMENT, one letter at a time! #DecodingProcurement #ProcurementExcellence #ProcurementSkills #ProcurementPlaybook #AcronymAdvantage #ProcurementInsights #ProcurementDecoded #ProcurementSimplified #Procurement101

Following on from yesterday’s post on R (Risk Management & Regulatory Compliance), let’s move to the next letter in our journey of decoding procurement. O stands for Optimisation + Outcomes. In procurement, “O” reminds me of a simple truth, doing things right is important, but doing the right things is where the real impact lies. Optimisation is about continuously refining how we work whether through smarter sourcing, streamlined processes or unlocking innovation with suppliers. It’s about creating efficiency without cutting corners. But efficiency alone isn’t enough. That’s where Outcomes come in. Procurement isn’t just about ticking boxes or closing contracts; it’s about delivering results that actually move the business forward. Strong supplier relationships, measurable savings, risk mitigation or sustainability impact, these are the outcomes that define success. A great “O” balances the two, efficient processes with meaningful impact. Stay tuned for the next letter tomorrow as we keep unfolding the story of procurement, one letter at a time. #DecodingProcurement #ProcurementExcellence #ProcurementSkills #ProcurementPlaybook #AcronymAdvantage #ProcurementInsights #ProcurementDecoded #ProcurementSimplified #Procurement101

🎉We’re proud to share that Prewave has been validated in the Spend Matters Fall 2025 SolutionMap for the second time in a row. 🎉 This recognises our strengths in both Third-Party Risk Management (TPRM) and Supply Chain Risk Management (SCRM):  ✅ Supplier Information Management – a single source of truth for supplier data ✅ Risk Modelling (Breadth & Depth) – from granular categorisation to multi-tier transparency ✅ Risk Monitoring – real-time alerts across 200+ categories ✅ Risk Mitigation – enabling procurement teams to act fast and reduce risks directly Hit the link in the comments to read more about our SolutionMap validation and how Prewave helps procurement teams anticipate risks, act faster, and build resilient supply chains. #SupplyChain #Procurement #RiskManagement #SolutionMap #SpendMatters #Prewave

🚀 The future belongs to those who can see around corners and anticipate disruption before it happens. Prewave has just been validated for the second time in a row in the 2025 Spend Matters SolutionMap, across both Third-Party Risk Management (TPRM) and Supply Chain Risk Management (SCRM). This independent validation is yet another proof point that we’re building the tools to make that future possible. Why is this important? The SolutionMap doesn’t grade on marketing spin. It benchmarks providers against real capabilities and customer outcomes (value). What stood out: ✅ Supplier Information Management – a single source of truth for supplier data ✅ Risk Modelling (Breadth & Depth) – from granular categorization to multi-tier transparency ✅ Risk Monitoring – real-time alerts across 200+ categories ✅ Risk Mitigation – enabling procurement teams to act fast and reduce risks directly This recognition reinforces what our customers already know: Prewave delivers clear, quantifiable value that directly impacts their bottom-line results. Knowledge is power 💪 #SupplyChain #RiskManagement #Procurement #SpendMatters #Prewave

What I hear often in conversations about a company's supply chain: "Yes, sometimes we hear about a disruption only after we're already affected, but we don't see another possibility with our current resources". However, it IS possible to see around corners and anticipate disruption before it happens. This independent validation from Spend Matters is just another piece of proof that we’re building the tools that make that future possible. What stood out: • Supplier information management → a single source of truth • Risk modeling (breadth & depth) → 200+ categories + Tier-N visibility down to raw materials • Risk monitoring → continuous oversight with 4.5M+ data points in real time • Risk mitigation → rapid actions to keep risk under control This recognition reinforces what our customers already know: Prewave predicts prevents and mitigates disruptions across their value chains.

🚨 92% of Global 2000 companies already use IT outsourcing. But scaling fast without the right risk frameworks can turn growth into fragility. 🔐 From intellectual property protection to compliance, turnover, and delivery reliability, risks are everywhere. The difference between success and failure isn’t mere cost savings, it’s governance. ✅ We built a comprehensive risk management checklist for executives, showing how to turn it into a growth enabler: https://bit.ly/46yGIt4.

💡 Procurement's value is shifting. It's no longer defined by how much you save, but by the capabilities you build. ✅ Governance that accelerates ✅ Supplier partnerships that co-create ✅ Data-driven visibility ✅ Risk management that builds trust These are the levers driving the impact of modern procurement. 💬 Which capability has made the biggest difference in your organization's procurement strategy? Hashtags: #Procurement #StrategicSourcing #SupplierGovernance #ProcurementTransformation #ProcurementLeadership #ValueCreation #InnovationEnablement

In a global context of constant disruptions, many companies are implementing dual-sourcing strategies to ensure the supply of key components. 🔍 What is dual-sourcing? 🔗 Combining a primary supplier with an alternative one, both approved. 🌍 Diversifying risks without duplicating costs. ⚙️ Ensuring operational continuity even in critical moments. 🤝 Strengthening negotiation and improving response time to incidents. 📈 Risk management starts with purchasing. Resilience is not improvised. #DualSourcing #IndustrialPurchasing #OperationalResilience #SupplierStrategy #TransportIndustry #RiskManagement

Every supplier relationship carries risk. Financial instability, compliance gaps, delivery failures—they can all impact your operations. We see three main risk categories: • Financial health • Compliance & regulatory • Operational performance Practical monitoring tools we recommend: • Regular financial checks • Compliance audits • Performance scorecards • Contingency planning Building resilience starts with visibility. Know your suppliers inside out. What's your biggest supplier risk challenge right now? #SupplierRisk #Procurement #RiskManagement #SupplyChain #VendorManagement #Compliance #BusinessContinuity #procurement #digitalprocurement #suppliermanagement #contractmanagement #sourcing

The Digital Operational Resilience Act (DORA) will reshape the way financial entities in the EU including those in the UK with EU links manage ICT and operational resilience. Are you ready? Green Tape helps organisations digitise procurement and contract management, creating a strong governance framework that aligns with DORA’s resilience and risk requirements. #DORA #DORACompliance #DORAandProcurement #DORAAlignedProcurement #GreenTapeProcurement #GreenTapeContractManagement #GreenTape