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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. .

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How is technology transforming global sourcing ?

Claritum

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Find out more.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical 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. Yet only 26% were able to confidently predict risk within their supply bases.

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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

Right now, companies aren’t doing enough to gain visibility into their supply chains. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.

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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

Right now, companies aren’t doing enough to gain visibility into their supply chains. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.

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If you can measure it then you can manage it

Claritum

True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. Providing at any point in time, a top level view of KPIs, yet at the same time to be able to drill down to a specific item within any one of the many supply chain domains. 4 Benefits. BOOK A DEMO.