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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. The supply disruption triggered in China sent shock waves all around and shut down the global economy.

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The Key Benefits of Outsourcing to Managed Procurement Services

Empowering CPO

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. For some businesses, it’s about cost savings and efficiency. This is where the concept of managed procurement services comes into play.

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What Do Procurement Organizations From Estee Lauder, Duke Energy, And Virginia Have In Common?

Procurement Insights

Companies leveraging this approach gain 612 months lead time to mitigate disruptions, optimize supply chains, and capitalize on emerging opportunities. Novartis (Pharmaceuticals) Industry: Global pharmaceutical company, reliant on R&D, global supply chains. Digital supply chain tools (e.g.,