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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Responsible sourcing – Establishing trust and transparency in the value chain.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software. Profitability. Resilience.

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What Does Finance Think of Procurement?

Arkestro

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.