ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

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

Procurement Tactics

JUNE 7, 2023

Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience. Additionally, GEP SMART provides vendor collaboration dashboards, allowing suppliers to manage their profiles, catalogs, and pricing.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Software

APRIL 2, 2024

That’s fine if you’re leading a small-ish procurement team. May also have integrations with other data points, or offer vendor intake or contract management capability. This is the territory of automated negotiation, game theory, and multi-tier supply chain monitoring when it comes to third party risk and compliance.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Procurement Heads

DECEMBER 15, 2022

I then moved from there into procurement consultancy, which is where I have spent the last 10 years and that has been a fabulous journey. The other thing over recent times is sustainable procurement, it has become more and more of a priority and is a new topic for us as professionals.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Empowering CPO

MAY 8, 2023

By gaining a comprehensive understanding of their supply chain, organizations can proactively address risks and implement strategies to enhance supply chain resilience. Contract management solutions help organizations streamline the contract lifecycle, from creation and negotiation to execution and monitoring.

Risk management 52

Risk management Risk Procurement strategies Strategy 52