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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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What is Supply Chain Management? A Guide to Success

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Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. It can also help you with contract management and compliance processes.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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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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Procurement Tracking – Everything You Should Know

Procurement Tactics

It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

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The Opportunity — and Challenges — for Digital Transformation in MENA

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The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

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Supply Chain Powerhouse, Erica Patterson on Finding Her Voice, Mentoring, and Supplier Diversity

Let's Talk Supply Chain

With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supply chain can help the industry build its ranks and agility.