ivalua

FEBRUARY 24, 2021

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?

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

ivalua

DECEMBER 14, 2020

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.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Resiliency is now the name of the game for supply chains. Automation. Focus on eCommerce. Cloud-based Technology.

supply chain software solutions 96

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Supply Chain Trend

MAY 17, 2022

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. For middle management, ineffective decision-making reaches 68 percent.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

ivalua

APRIL 9, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

APRIL 8, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions. Cost analysis.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

JUNE 29, 2021

These programs are as familiar to procurement professionals as concepts like spend analysis or category management. This piece was a Harvard Business Review article in August 2020 that resonated with me and helped to reframe supplier diversity in terms of supply chain resilience.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supply chains, labor market shortages, strong consumer demand.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Arkestro

JANUARY 4, 2023

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.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Empowering CPO

JUNE 9, 2023

These are quantifiable measures used to track and analyze the efficiency, effectiveness, and quality of the procurement process. Defining Procurement Metrics Procurement metrics, in essence, are a system of parameters that quantify and evaluate the effectiveness, efficiency, and quality of procurement activities within an organization.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 14, 2023

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.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. CPOs in excellent procurement teams exhibit 3 recurring qualities: 1) Technologically Interested: The future of the CPO function contains procurement officers that have a stronghold on the technology at their disposal. Subscribe Here! Email Address. Infographic). 3) Master Communicators.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Empowering CPO

JUNE 27, 2023

This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring. Strategic Supplier Management: Digital tools enable comprehensive supplier performance monitoring and evaluation. This leads to significant cost savings and improved operational efficiency.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40