Remove Import Remove Sourcing Remove Supply chain resilience Remove supply chain software solutions
article thumbnail

4 Ways Modern Software will Empower Digital Procurement

ivalua

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. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.

article thumbnail

How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. That’s where supply chain risk management software comes in. Subscribe Here! Email Address.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

article thumbnail

Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

ivalua

Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P). Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Suppliers 130
article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. 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.

article thumbnail

2021 Supply Chain and Inventory Management Trends

EazyStock

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Resiliency is now the name of the game for supply chains. Then 2020 was thrown into chaos by the global COVID-19 pandemic.

article thumbnail

Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. Supply chain planners and IBP teams will not escape this evolution.