Remove Logistics Remove Strategic sourcing Remove Supply chain Remove Supply Chain Visibility
article thumbnail

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

ivalua

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.

article thumbnail

Visibility is crucial for supply chains

Strategic Sourceror

As any supply chain professional will tell you, managing various day-to-day operations and keeping track of everything going on in the supply chain are among the most difficult parts of the job. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

e2e 67
professionals

Sign Up for our Newsletter

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

article thumbnail

Role-Based Training for Procurement & Supply Chain Teams

Skill Dynamics

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

article thumbnail

Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

article thumbnail

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com. Women have made tremendous strides in the Supply Chain Management profession. Supply Chain is no longer a back-office, transactional function.

article thumbnail

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

ivalua

When incorporated into an efficient strategic sourcing process, collaboration can result in better visibility into total costs and a better negotiation position. It goes beyond type of materials used and includes suggestions related to process, production, logistics, and more. Collaboration around margin enhancement.

article thumbnail

The Reality of Automation in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Supply Chain Transparency. It lets the company know what is occurring at every level of its supply chain.