This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChainResilience 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. Create speed and transparency.
From this discussion, we compiled a list of 8 critical supplychainmanagement activities that to improve, build, and maintain supplychainresilience now and in the years to come. But building an agile, resilientsupplychain doesn’t happen overnight; it requires forethought and planning.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychainmanagement activities that can help Procurement teams build and maintain supplychainresilience now and in the years to come. Create speed and transparency.
Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? What are the pros and cons, and what supplychain strategy will pave the way to higher margins, improved supplychainriskmanagement in healthcare and improved patient care?
Furthermore, inflation often leads to fluctuating prices and unstable supply and demand dynamics, making procurement more complex. This challenge is exacerbated by a lack of visibility in government supplychains, which hinders riskmanagement and makes it difficult to build a resilientsupplychain.
Compliance with national and international regulations is of course a pressing concern to avoid fines, disruptions to operations and reputational risk. These include riskmanagement and resilience in a volatile world. Companies want to avoid or mitigate disruptions to the supplychain and manage stranded assets.
Deep knowledge of procurement, sourcing, vendor management, and categorymanagement in different categories. Vera has delivered programs on “SupplyChainResilience,” “RiskManagement,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics.
Definitely areas like supplychainresilience, which is a big topic at the moment; we have undertaken a lot of supplychain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them.
We spend about a billion pounds each year through our supplychain of approximately 500 suppliers. I have a team of 30 people with end-to-end categorymanagement responsibility. Procurement and supplier management are carried out by separate teams under my leadership.
It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Categorymanagement can lead to better supplier selection, improved negotiation, and enhanced value delivery.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content