ivalua
JANUARY 31, 2022
How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. 5 Procurement Increasing Its Focus on and Use of Data.
Strategic Sourceror
FEBRUARY 3, 2023
Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.
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Procurement Tactics
AUGUST 23, 2022
Enhancing strategic sourcing through data analysis. Improving supplier relationship management through data transparency. . Establishing centralized contract management to connect contract data to other essential workings of the organization. . Enhanced contract visibility. The Contract Management Process.
Supply Chain Game Changer
OCTOBER 28, 2021
Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Data quality is pivotal.
Skill Dynamics
OCTOBER 19, 2023
Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges. Technology capabilities – updating tech knowledge such as software advancements in inventory management, supply chain optimization, and logistics.
ivalua
JUNE 1, 2022
Here are eight critical activities that can help procurement organizations build and maintain chain resiliency in a post-Covid-19 world: Work to achieve 100% supply chain visibility. Strategic sourcing professionals may end up doing tactical work, as well.
Procurement Software
MAY 9, 2022
Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. About Kodiak: .
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