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What is supply chain sustainability?

IBM Supply Chain Blog

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

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Transparency is the first step to securing global supply chains

SupplyShift

The coronavirus pandemic has disrupted supply chains around the globe and brought intense scrutiny to management strategies. Manufacturing industries such as apparel, auto parts and semiconductors have been hit particularly hard as factories shut down in China, followed by other global supply regions.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement Teams Step-up.

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Transparency is the first step to securing global supply chains

SupplyShift

The coronavirus pandemic has disrupted supply chains around the globe and brought intense scrutiny to management strategies. Manufacturing industries such as apparel, auto parts and semiconductors have been hit particularly hard as factories shut down in China, followed by other global supply regions.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. In the same survey, more than two-thirds (67%) of business leaders in finance departments sought out process automation because of its potential for increasing efficiency.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. We have also seen a need for change in category management, which was also ranked among the top drivers of digital transformation in procurement.

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What Does Finance Think of Procurement?

Arkestro

Without the right communication, priorities, and technology to help, managing the procurement-finance relationship can become unnecessarily complicated. We’ll break them down into two groups: efficiency and ROI. Efficiency Both CFOs and CPOs prioritize efficient spending down to the last dollar.