ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

Agile and Lean Supply Chain 61

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 61

ivalua

JUNE 17, 2022

Taking Steps to Increase Resiliency. Procurement leaders are under increased pressure to improve supply chain resilience. This is being driven by consumer demand for greater transparency, compliance demands, tougher regulatory enforcement, and the growing emphasis on CSR.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk Supply chain resilience 130

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

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. Let’s explore further.

Real-time Visibility 130

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

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Benefits of Supply Chain Collaboration. Enhanced ethical standards.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Arkestro

JANUARY 9, 2024

Take a look at how procurement teams will meet ESG goals in 2024: Technology and supplier intelligence. Improved reporting, analytics, and data will help inform decisions and enforce ESG policies with suppliers. Let’s review strategies for leverage data analytics in the new year: Predictive analytics for demand forecasting.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

JANUARY 31, 2022

Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. What can we expect in 2022? The Best Way Forward for 2022.

Procurement 130

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

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. Managing Risk Across the Supply Chain Remains Challenging.

Agile and Lean Supply Chain 264

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

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

IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 78

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 78

Barkers Procurement

MAY 22, 2024

In addition, stakeholders increasingly demand that ESG be an area of focus for businesses. Innovation: Organisations engaging in ESG will work with innovative suppliers, and those that actively select suppliers with ESG principles will strengthen their tender position for key contracts.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Stakeholder engagement Sustainability 52

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products.

supply chain budgeting 221

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

Zycus Cognitive Procurement

DECEMBER 15, 2022

Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Supply chain management has long been characterized by the need to source and aggregate goods from various vendors, manufacturers, and suppliers across a wide geographic area.

Supply chain management 52

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

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. This requires expertise across both people and process aspects, and the ability to build strong relationships with suppliers.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 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

World of Procurement blog

MAY 8, 2024

The ultimate goal of SCM is to reduce costs while satisfying customer demands. Effective SCM gives businesses an edge over the competition by being more responsive to demand changes and disruptions. It makes them more resilient and agile. Accurate demand forecasts enable effective supply chain planning.

Agile and Lean Supply Chain 40

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

EazyStock

DECEMBER 13, 2020

The best way to safeguard your supply chain will be by building resilience into your operations. Supply Chain Performance: Reviewing 2020. Take the time to reflect on your supply chain’s performance this past year. How did your demand change? How were your suppliers affected?

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Inventory 98

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

APRIL 27, 2023

Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Geopolitical manipulation on suppliers worldwide adds to the pressure. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Supply Chain Efficiency 130

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

ivalua

APRIL 27, 2023

Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Geopolitical manipulation on suppliers worldwide adds to the pressure. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. This requires expertise across both people and process aspects, and the ability to build strong relationships with suppliers.

supply chain software solutions 40

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

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. Increased supply chain resiliency.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 2, 2022

In fact, 89% of businesses encountered a supplier risk event in the last five years. That’s where supply chain risk management software comes in. It helps companies ensure they have enough raw materials and components to keep their production lines running, and it allows them to plan ahead for growth in demand.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Engaging with suppliers.

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. This is why supplier relationship management is a particular passion of mine.

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. Demand falls. This results in lower demand, which will affect the supply chain.

Supply Chain Optimization 52

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

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. Then came COVID-19.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

SCMDOJO

JULY 7, 2023

Late changes to the design of the vehicles, such as the headlights, caused disruptions in the supplier base and necessitated costly tooling changes. These supply chain issues not only delayed production further but also strained relationships with suppliers.

Supply Chain Efficiency 101

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 101

Procurement Software

APRIL 2, 2024

S2C Simple, user-friendly and easy-to-implement RFQ, supplier repository, and contract administration platform designed for the SME market. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 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

EazyStock

JANUARY 17, 2022

Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. In 2022, key supply chain management trends all lean towards building supply chain resilience. Improving Demand Forecasting and Demand Planning.

Supply chain management 52

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

Arkestro

JANUARY 4, 2023

Reducing supplier risk. Ensuring continuity of supply. This, coupled with the typical 30-plus years’ experience procurement veteran approaching retirement, companies are seeing their tribal knowledge about suppliers and processes walk out the door and not be replaced.”. scenario-driven demand plans. Reducing spend.

Supply Chain Optimization 104

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

Arkestro

DECEMBER 12, 2022

But those in the health and pharmaceutical industries deal with particularly demanding circumstances. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Limited Supplier Network. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

Supply Chain Efficiency 83

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 83

Spend Matters

OCTOBER 24, 2023

This system also fosters seamless collaboration with suppliers within our extensive network. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As Supply chain resilience is becoming increasingly critical.

Procurement solutions 84

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 84