Remove Agile and Lean Supply Chain Remove Quality Remove Sourcing Remove Supply chain resilience
article thumbnail

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

article thumbnail

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?

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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.

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

article thumbnail

7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

article thumbnail

Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

ivalua

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. Some of these challenges include limited: .

article thumbnail

Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

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.