ivalua

JANUARY 8, 2023

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Procurement Tactics

APRIL 6, 2023

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Templates

MARCH 7, 2024

Risk management: Strategies for identifying and mitigating risks associated with procurement activities, such as supply chain disruptions, financial instability of vendors, and legal or regulatory compliance issues. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.

Supply Chain Optimization 77

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 77

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

Procurement Tactics

DECEMBER 21, 2022

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. . Defining Supply Chain Collaboration.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. What is ethical procurement? Guided by these principles, companies proactively eliminate unethical practices throughout the supply chain.

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

SCMDOJO

MARCH 25, 2024

Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Global Supply Chain Complexities: Nowadays, global supply chains have been subjected to a heightened need for dynamism, responsiveness, and online visibility.

Supply Chain Efficiency 76

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 76

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

IBM Supply Chain Blog

MARCH 25, 2024

Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain. Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content.

Supply Chain Optimization 103

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 103

World of Procurement blog

APRIL 24, 2024

Understanding the Procurement Process At its core, the procurement process is a strategic axis around which the efficiency, effectiveness, and ethical standards of a business revolve. Each of these processes requires a blend of analytical prowess, foresight, ethical consideration, and strategic acumen.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 52

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It ensures the smooth and efficient flow of physical goods from one point in the supply chain to another.

Supply Chain Efficiency 52

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

Skill Dynamics

JUNE 15, 2022

Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An ethics policy.

Ethics 52

Ethics Procurement Suppliers supply chain budgeting 52

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices. Moreover, transparency and communication are critical in supplier relationships.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

IBM Supply Chain Blog

NOVEMBER 3, 2022

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.

Supply Chain Efficiency 115

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 115

IBM Supply Chain Blog

MARCH 16, 2023

While these regulations make a bold step towards a more sustainable future, most fashion brands are now left to ponder how they can start to provide verifiable information about the sustainability of their clothing, given pervasive lack of insight into the sourcing of raw materials and complex supply chains.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Procurement Templates

NOVEMBER 26, 2023

The Current Procurement Landscape Procurement specialists, often the linchpin of supply chain operations, orchestrate the acquisition of goods and services, ensuring cost-effectiveness and timely delivery. Navigating Ethical Considerations One of the discussions around AI is that ethical considerations loom large.

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

IBM Supply Chain Blog

FEBRUARY 28, 2024

Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies. Blockchain technology ensures that it’s stored, accessed and shared quickly, accurately and transparently. How is sourcing strategy different than procurement strategy?

Sourcing 102

Sourcing Strategy Supply Chain Efficiency e2e 102

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

ivalua

JANUARY 13, 2023

This demonstrates that businesses increasingly recognize diversity as a global issue and these programs provide an “ethical” mechanism to connect with customers through community engagement. However, the ethical justification is no longer the totality of the value proposition as leaders now see the overall value for their business. .

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Skill Dynamics

JULY 22, 2022

Skilled negotiators must be able to communicate clearly and efficiently with the other party during the negotiation. Ethics and reliability. Ethical standards and reliability in a skilled negotiator stimulate trust for an effective negotiation to take place. Verbal communication.

Negotiation 111

Negotiation Supply Chain Efficiency Supply chain Procurement 111

SCMDOJO

FEBRUARY 14, 2024

How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

Supply Chain Optimization 52

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

Arkestro

SEPTEMBER 29, 2023

Procurement teams run at the highest level of efficiency with autonomous procurement. By leveraging the latest technology to improve efficiency, organizations can increase cost savings, reduce risks in the supply chain, and enhance overall performance. Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

Procurement Tactics

APRIL 25, 2023

Thus, you can give your employees a suitable working environment that will allow them to apply the best practices in procurement effectively and efficiently. It helps businesses by improving their finances and processes against a range of challenges that may disrupt the supply chain. Sustainable Procurement: What is it?

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

IBM Supply Chain Blog

JANUARY 25, 2024

Business leaders are eager to redesign their business strategies to better serve customers, patients, employees, partners or citizens more efficiently and improve the overall experience. Learn the principles of trust and transparency recommended by IBM for organizations to responsibly integrate AI into their operations.

Ethics 102

Ethics Strategy Risk Business strategy 102

Procurement Tactics

JUNE 6, 2023

In simple terms, sustainable procurement refers to how businesses can identify and reduce the environmental and social impacts on their supply chain. By integrating ESG considerations into the procurement process, organizations can foster sustainability, minimize risks, and increase transparency in their supply chain.

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

NOVEMBER 23, 2022

Corporate social responsibility (CSR) is the commitment of businesses to behave ethically and contribute to the development of the economy all while improving the quality of life of their workforce and their surrounding community. . Corporate Social Responsibility – What is it? Ultimate Supplier Plotting Checklist 2022.

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement strategies 240

Procurement strategies Sustainability Strategy e2e 240

IBM Supply Chain Blog

MARCH 29, 2024

Imagine a future where artificial intelligence (AI) seamlessly collaborates with existing supply chain solutions, redefining how organizations manage their assets. Your AI workflows should support responsibility, transparency, and “explainability.” Undoubtedly. But what if you could optimize even further?

Data 88

Data Supply Chain Efficiency Management Supply Chain Optimization 88

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

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

IBM Supply Chain Blog

DECEMBER 20, 2023

A robust AI strategy will enable these organizations to navigate the complexities of integrating AI, adapt quickly to technological advancements and optimize their processes, operational efficiency and overall growth. Establish ethical guidelines Understand the ethical implications of the organization’s responsible use of AI.

Strategy 77

Strategy Ethics Supply Chain Efficiency Supply Chain Optimization 77

Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183