ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

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

ivalua

JUNE 17, 2022

This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supply networks from future shocks to the supply chain. Taking Steps to Increase Resiliency.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk Supply chain resilience 130

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. 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.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Strategic Sourceror

JULY 24, 2022

Bloomberg reported that "modest improvements are showing up" in a number of industry forecasts, with the consensus among economists that the so-called supply strain is close to being under control. And that is what really matters. Brought to you by the StrategicSourceror.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . View Webinar Replay.

Procurement 130

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

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Procurement Software

APRIL 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

ivalua

DECEMBER 14, 2020

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. It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers.

Agile and Lean Supply Chain 130

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

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Spend Matters

OCTOBER 24, 2023

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Together, they manage an annual procurement volume exceeding $16 billion, engaging with more than 350,000 suppliers.”

Procurement solutions 89

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 89

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. But those in the health and pharmaceutical industries deal with particularly demanding circumstances. What Are the Biggest Procurement Challenges in Health and Pharma? Predictive Procurement: Solutions for Health and Pharma.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Zycus Cognitive Procurement

JANUARY 24, 2023

So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk.

Supply chain management 52

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

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Supply Chain Efficiency 130

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

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. This can range from raw materials for production, to office supplies, to strategic partnerships. Understanding Procurement Metrics To gauge the effectiveness of procurement activities, businesses rely on procurement metrics.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

SCMDOJO

JUNE 6, 2023

They can understand their supply chain operations with more precision. How does data analytics help supply chain optimization? Demand Forecasting & Planning Understanding data analytics is relevant as we continue to herald in the nouveau era of tech-powered automation and optimization. Why is it crucial?

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Supply Chain Game Changer

MAY 5, 2021

They’ve hired strategic Supply Chain professionals who can turn this data into actionable intelligence, and redesign the supplier, production, and transportation network to get products to market quicker and cheaper. Just-in-time” production has become a hallmark of today’s Supply Chains.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

Arkestro

JANUARY 4, 2023

But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Ensuring continuity of supply.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption. The post What are the best Supply Chain Strategies for 2021 appeared first on Ivalua.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical. Develop the supply chain.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Procurement Heads

SEPTEMBER 14, 2022

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. Procurement and supplier management are carried out by separate teams under my leadership. I also have accountability for the supply chain third-party management risk and environmental, social and governance (ESG) strategy.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

EazyStock

APRIL 18, 2023

Consequently, this means that they aren’t spending money, which should trigger demand fall, which should result in costs falling. When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. How do high interest rates and inflation impact supply chains?

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

JUNE 2, 2021

Subscribe to Supply Chain Game Changer. Resilience is the New Critical Supply Chain Strategy! Supply Chain resilience article and permission to publish here provided by James Liang from Power RFP. Our world lives in a hyper-global supply chain environment. Supply Chain Resilience.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Supply Chain Game Changer

OCTOBER 8, 2020

Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain. Digital Supply Chain Predictions.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

Arkestro

JANUARY 9, 2024

Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. Sustainable bidding.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Insights

JANUARY 18, 2024

Besides drawing parallels between Power Grids and Supply Chains, the post also provides the perfect and practical everyday-life understanding of the difference between agent-based and equation-based approaches to solving complex challenges. There is a lot to “unpack” here, David Shillingford.

supply chain software solutions 59

supply chain software solutions Supply chain Supply Demand 59

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

Real-time Visibility 40

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

Spend Matters

DECEMBER 28, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business.

Procurement solutions 56

Procurement solutions Procurement Chief Procurement Officer Procurement team 56

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions. Why is Supplier Information so important?

Suppliers 246

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

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Una

NOVEMBER 8, 2023

As China’s middle class continues to grow, so does the demand for higher wages and better working conditions. Supply Chain Resilience and Diversification The COVID-19 pandemic highlighted the vulnerability of global supply chains , particularly those heavily reliant on a single source or location.

Export 52

Export Raw materials Supply chain resilience Supply chain 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Transitioning from a fragmented to a data-driven supply chain In the past, we have traditionally seen manual, paper-intensive trade processes that have the potential to generate large amounts of data. Technology is playing an important role in reprogramming the DNA of trade and supply chain financing.

Supply Chain Efficiency 90

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 90