Remove Agile and Lean Supply Chain Remove Category management Remove Sourcing Remove supply chain budgeting
article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Focus on digital transformation and adopt procurement technology.

article thumbnail

Strategic Procurement — Everything You Should Know

Procurement Tactics

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Procurement Strategy This key element of strategic procurement is a long-term plan that ensures purchased goods and services from suppliers at the agreed terms, quality, and delivery time are cost-effective.

article thumbnail

The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

article thumbnail

Procurement Speakers 2022 – 10 Most Popular Experts

Procurement Tactics

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Trillion budget. . 10 Popular Procurement Experts Today. Sebastian Chua. Rajeev Karmacharya.

article thumbnail

Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

Spend analysis enables businesses to assess procurement spending data from internal and external data sources. It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. Detail the category ownership that turns sustainability into reality.