article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

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.

article thumbnail

Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Procure-to-Pay. 212-239-8594.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 264
article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

article thumbnail

7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Integrating flexible contracts. Enhancing supply chain resilience. Integrating flexible contracts: .

article thumbnail

Digital Procurement Tools: How much do they cost?

Procurement Software

S2C Simple, user-friendly and easy-to-implement RFQ, supplier repository, and contract administration platform designed for the SME market. This allows you to get a pretty heavy-hitting tool without signing a long-term contract. What you can get is some basic Source to Contract (S2C) software.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

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. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.