Remove Buyers Remove Procurement team Remove Supply Chain Visibility
article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Below, we list 8 steps that manufacturers can take to build a more resilient supply chain in a post-covid world. Work to achieve 100% supply chain visibility. Why is visibility so important? Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

article thumbnail

AI in procurement: How different industries are harnessing its power

Spend Matters

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. Maintenance, Repair and Operations (MRO) is also benefiting from AI.

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

Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.

article thumbnail

Adopting Supply Chain Efficiency Through Shopify CRM Integration

SCMDOJO

The article mentions the ways through which Shopify integration with CRM software can improve supply chain visibility, customer experience, and operational flexibility. This real-time visibility translates into faster issue resolution, enhanced forecasting, and vendor coordination. Check out this course by Vera Rozanova!

article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility.

article thumbnail

5 Chilling Challenges Facing Procurement Today

Arkestro

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full.

article thumbnail

5 Advantages of Supplier Relationship Management Software

Procurement Software

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain.