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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. The post 10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021 appeared first on Ivalua.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

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5 Questions All Procurement Professionals Must Answer To Succeed In 2024

Procurement Insights

What do supply chain resilience and adaptability really mean? Given the growing significance of ESG factors and geopolitical uncertainties, the relationship with suppliers is more and more important. video above) In this video preview, you can have a glance at the interview we did with Jon Hansen.

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation. It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed.

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The Big Interview with James Ball

Procurement Heads

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them. I would probably say that.

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CPO Spotlight: Rachel Scarrett

Procurement Heads

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. Procurement and supplier management are carried out by separate teams under my leadership. This is why supplier relationship management is a particular passion of mine.

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4 Predictions on Procurement’s Top Trends in 2023

Arkestro

Reducing supplier risk. Ensuring continuity of supply. This, coupled with the typical 30-plus years’ experience procurement veteran approaching retirement, companies are seeing their tribal knowledge about suppliers and processes walk out the door and not be replaced.”. The Supply Chain Will Continue to Heal.