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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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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. Create speed and transparency.

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Procurement on the Thames: Ivalua’s London Summer Symposium

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Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Create speed and transparency.

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Innovative Procurement Models: Exploring Different Approaches

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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. Category management can lead to better supplier selection, improved negotiation, and enhanced value delivery.

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

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A purpose-built solution can enforce proper governance and standards, automate master data optimization activities, identify product standardization opportunities, and automate category management for strategic sourcing in supply chain. Demand planning capabilities. Best-in-Class Beats Single-Stack.