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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. . The Procurement team adds tremendous value in many areas, including operational performance, product quality, faster time to market and more. Unfortunately, this is not usually the case.

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The Big Interview with Emma Giles

Procurement Heads

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

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The Big Interview with Emma Giles

Procurement Heads

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Climate change is also a massive issue.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

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Hey Procurement! It’s Time to SELL!

Supply Chain Game Changer

A Strategic Procurement organization does everything stated above and much more. They have an end to end view of the Supply Chain. Strategic Procurement is focussed on how to drive innovation and unique capabilities to meet end Customer and stakeholder needs and requirements. ” Conclusion.

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Hey Procurement! It’s Time to SELL!

Supply Chain Game Changer

A Strategic Procurement organization does everything stated above and much more. They have an end to end view of the Supply Chain. Strategic Procurement is focussed on how to drive innovation and unique capabilities to meet end Customer and stakeholder needs and requirements. Keep Buying Procurement!