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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu.

Suppliers 130
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The Supply Chain Is Broken: How Buyers and Suppliers Can Fix It

Supply Chain Brain

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Buyers 119
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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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How Economic Uncertainty Is Changing the Buyer-Supplier Dynamic

Supply Chain Brain

Buyers and suppliers are forced to pivot in response to changes in inflation, interest rates and the general economic climate. And the balance of power between the two shifts accordingly.

Buyers 88
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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52
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Slow-Paying Buyers Are Threatening the Stability of Struggling Suppliers

Supply Chain Brain

In the midst of a growing supply chain crisis, suppliers are increasingly being forced to accept longer payment terms from buyers. Both sides are desperate to protect their cash, but the trend threatens to undermine the stability of suppliers, and can only serve to exacerbate the situation.

Buyers 98
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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.