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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains. What Will Impact Procurement Processes in 2021?

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Why Predictive Procurement in Health and Pharma is the Future

Arkestro

Critical suppliers are deeply integrated with day-to-day operations, and it is the successful management of these suppliers that delivers a competitive advantage leading to greater business impact. Procurement and sourcing teams worked tirelessly to find solutions to disrupted supply chains. Take the Next Step.

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CPO Spotlight: Rachel Scarrett

Procurement Heads

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. I have a team of 30 people with end-to-end category management responsibility. Procurement and supplier management are carried out by separate teams under my leadership.

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4 Predictions on Procurement’s Top Trends in 2023

Arkestro

But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Procurement has had massive challenges and targets over the past year: Managing inflation.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

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. KPIs make the procurement process more transparent and manageable. That’s where KPIs come in.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.