ivalua
JUNE 29, 2021
These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Global governments and businesses are now recognizing diversity programs as an effective “ethical” mechanism to increase community engagement and correct systemic issues or historic inequality.
Procurement Templates
SEPTEMBER 14, 2023
This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices. Additionally, organizations should work with legal experts to navigate complex compliance issues and ensure that their procurement practices align with legal and ethical standards.
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ivalua
MAY 6, 2021
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Smart software shifts from drilling down on existing data to alerting up, so managers can respond to events or trends in real time. .
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. Collaborations can help companies to access top supply chain talent. .
SCMDOJO
JUNE 6, 2023
What’s more, data analytics can help businesses implement ‘just-in-time’ (JIT) inventory management. What is JIT inventory management? Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. Download from the below link.
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. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”
Spend Matters
OCTOBER 24, 2023
Together, they manage an annual procurement volume exceeding $16 billion, engaging with more than 350,000 suppliers.” This aligns with the broader trend of responsible and ethical procurement practices. The resilience of supply chains will continue to occupy us in the future.
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