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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. Increasing supply chain disruption meant that 28% of UK businesses lost revenue in the last 12 months, with these businesses estimating an average drop in revenue of 18%.

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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. These platforms bring key stakeholders together to address customer expectations, regulation compliance, supply risks, and much more. Digitization Benefit #3: Total Spend Management.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Furthermore, their rapidly shifting nature requires a new level of agility.

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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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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.