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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.

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Supplier Collaboration Software — What You Should Know

Procurement Tactics

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. We will explore what they are, why they matter, and how they are being implemented across different sectors.

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What is supply chain resiliency?

IBM Supply Chain Blog

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?