Remove Agile and Lean Supply Chain Remove Risk Remove Suppliers
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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Key takeaways from SolutionMap: Supplier risk, TPRM and SCRM

Spend Matters

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. The need for comprehensive risk governance further complicates matters.

Risk 116
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Developing future-fit supplier segmentation methods

Procurement Leaders

During that call, a leader in risk management for one consumer goods company shared their enhanced approach to supplier segmentation, which has helped them evolve how they undertake supplier management. Specifically, the capabilities they focus on and attempt to quantify are efficiency, agility and innovation potential.

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Safeguarding Your Supply Chain: Proven Strategies to Mitigate Risk and Maximize Agility

SCMDOJO

Consider this your business suddenly faces a major supply chain disruption. Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. Operational risks: Supplier bankruptcies, poor quality control, or delays in logistics.

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A procurement professional’s guide to risk events and mitigation strategies — FMCG

Spend Matters

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways.

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Navigating Tariff Turbulence: A Practical Guide for Supply Chain Leaders

SCMDOJO

Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. If not, it might be best to stop selling the product.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,