ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. The study also found that suppliers will be vital for successfully ensuring supply continuity. About the research.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

ivalua

MARCH 24, 2022

Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P). Click here to download a copy of the report.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. There’s a much bigger dividend to obtain by automating the most boring, mundane tasks of your top sourcing professionals.” .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Templates

SEPTEMBER 14, 2023

Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability. It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber + Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

ivalua

JULY 8, 2020

Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis. Ability to collaborate, identify opportunities or issues and act.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

ivalua

APRIL 9, 2021

Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth. For many organisations, procurement was crucial to keeping supplies flowing during the pandemic and minimising the impact on profitability.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

ivalua

APRIL 8, 2021

Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. For many organizations, procurement was crucial to keeping supplies flowing during the pandemic and minimizing the impact on profitability.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. This system also fosters seamless collaboration with suppliers within our extensive network.

Procurement solutions 88

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 88

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Zycus Cognitive Procurement

DECEMBER 15, 2022

Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . To minimize risks and increase agility, several organizations are now turning towards agile supply chain ecosystems.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 24, 2023

2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

HICX

MAY 12, 2023

Driving supplier performance through increased collaboration  Reducing inconsistent adoption of sourcing and contract tools How to scale the digitalization value beyond procurement Sam shares how, in the third phase, they are really moving away from this being a ‘Procurement’ or ‘digital’ transformation into becoming a business transformation. 

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

ivalua

FEBRUARY 24, 2021

New platform release features a broad set of enhancements across Ivalua’s complete Source-to-Pay suite, including deep integration with Amazon Business. Out-of-the-box integration to Tealbook now enables customers to discover new suppliers with a single click and access a high-quality source of supplier information.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Innovation Supply Chain Optimization 100

Supply Chain Game Changer

MAY 5, 2021

For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. appeared first on Supply Chain Game Changer™.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. All of this has put inflationary pressures on the economy overall, driving costs up.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

Procurement Heads

DECEMBER 15, 2022

That could be operating model design, it could be sourcing activities, it could be supply chain support….the Constantly flipping between classic cost savings, and surety of supply and to new subjects like sustainable procurement and being able to bring those into the organisations as priorities.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. 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.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Empowering CPO

JUNE 27, 2023

Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities. Supplier Collaboration: Fostering closer collaboration and communication with suppliers through digital platforms and portals.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Introduction A. The Importance of Procurement in Business Procurement is the lifeblood of any business.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

With the increasing demands of global trade, organizations are starting to embrace digitization, standardization and collaboration to accelerate time to value and reduce costs. Technology is playing an important role in reprogramming the DNA of trade and supply chain financing.

Supply Chain Efficiency 88

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 88

Procurement Tactics

JANUARY 13, 2023

This is important when you are looking for collaborators and new ideas. The Gartner Supply Chain Symposium Xpo 2022 which was conducted in June of 2022 in Orlando, Florida, provided its attendees with new insights, strategies, and a framework to make bold moves and drive real impact in procurement. . Supply chain operations.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Arkestro

NOVEMBER 7, 2023

Rather than see the short turnaround and constrained supply as a challenge, Johnson & Johnson’s procurement team and suppliers partnered together to bring incredible innovation, delivering the vaccine to the broader public in record time.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Empowering CPO

MAY 8, 2023

These risks can arise from various sources, including suppliers, market conditions, geopolitical factors, and internal organizational processes. Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Supply Chain Action Blog

JUNE 29, 2016

In fact, the best value network structure for an individual product may itself be a portfolio of multiple supply chains. For example, fashion retailers sometimes combine a low-cost, long lead-time source in Asia with a higher cost, but more responsive, domestic source. Opalytics (I work here) delivers all of this.

Networking 45

Networking Supply Chain Optimization supply chain software solutions Supply chain 45

Supply Chain Action Blog

JUNE 29, 2016

In fact, the best value network structure for an individual product may itself be a portfolio of multiple supply chains. For example, manufacturers sometimes combine a low-cost, long lead-time source in Asia with a higher cost, but more responsive, domestic source. Focus on the Most Crucial Question – “Why?”

Networking 40

Networking Supply Chain Optimization supply chain software solutions Supply chain 40

Supply Chain Game Changer

MARCH 18, 2021

Porter’s Value Chain and modeling of the value chain became the widely-accepted model for strategically aligning an organization, cross-functionally, in order to deliver a valuable product or service to the market. Source: Procurement Leader 2017. Source: Deloitte CPO Flash Survey 2020. After many conversations….

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61