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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

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In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Below, we list 8 steps that manufacturers can take to build a more resilient supply chain in a post-covid world. Work to achieve 100% supply chain visibility. Why is visibility so important? By taking these steps, manufacturers will be better prepared to weather any future disruptions.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Digital Transformation is the Top CPO Priority. More on that here.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

Here are eight critical activities that can help procurement organizations build and maintain chain resiliency in a post-Covid-19 world: Work to achieve 100% supply chain visibility. Strategic sourcing professionals may end up doing tactical work, as well.

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Supplier Collaboration and Coordination. Who’s Your Role Model?

ivalua

As manufacturing executives continue to chart the future course of their companies, they often focus on reinventing the production line, improving the speed of innovation, evolving the skill sets of their labor force, achieving operational excellence, and so forth. Collaboration around margin enhancement.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Here are eight critical activities that can help procurement organizations build and maintain chain resiliency in a post-Covid-19 world: Work to achieve 100% supply chain visibility. Strategic sourcing professionals may end up doing tactical work, as well.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Data quality is pivotal. Integration is Pivotal. Budget is Foundational.