Spend Matters

SEPTEMBER 19, 2023

Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience. For Procurement teams, it is becoming more important to understand which suppliers are located in areas prone to experiencing natural hazards.

Supply chain 98

Supply chain Supply chain resilience Supply Risk 98

Arkestro

JULY 18, 2022

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. The good news is that these two goals are not mutually exclusive—in fact, sustainability can be a big part of building a more resilient supply chain. .

Supply chain resilience 52

Supply chain resilience Sustainability Supply chain Supply 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The 2011 Tohoku earthquake and tsunami caused a $210 billion in cost for Japan. had to shut down temporarily.

Risk management 52

Risk management Risk Suppliers Management 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. For example, cost-saving metrics can help identify opportunities to reduce expenses and increase profitability.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52