ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Zycus Cognitive Procurement

DECEMBER 9, 2020

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. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Spend Matters

JANUARY 29, 2024

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. The integration of the riskmethods application is a work in progress. GHG, human rights and PFAS).

Supply chain resilience 81

Supply chain resilience Supply Chain Efficiency Risk management Risk 81

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and Supply Chain processes.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Supply Chain Brain

MARCH 4, 2021

Supply chain failures continue to make news. What can third-party risk-management programs do to ensure that their vendors are resilient to continuing change?

Supply chain resilience 99

Supply chain resilience Supply chain Risk management Supply 99

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity. About Ivalua.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

Spend Matters

SEPTEMBER 19, 2023

In September 2017, Hurricane Maria battered the Caribbean Island of Puerto Rico, knocking out the main production facility of Baxter International, which supplies 41% of the saline solution used in the United States, leading to widespread shortages in hospitals across the country.

Supply chain 99

Supply chain Supply chain resilience Supply Risk 99

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Supply Chain Resilience vs Low-Cost Supply Chain.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Jaggaer

MARCH 2, 2020

Research reveals a rise in disruptive incidents deep in the supply chain. What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? of organizations experienced supply chain disruption in 2019 compared to 56.5% 2019 Disruption Levels 51.9%.

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

Empowering CPO

JUNE 30, 2023

This is where the concept of managed procurement services comes into play. Managed procurement services, a key facet of business process outsourcing, is a solution that allows businesses to delegate their procurement tasks to external experts. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

SCMDOJO

JUNE 6, 2023

What’s more, data analytics can help businesses implement ‘just-in-time’ (JIT) inventory management. What is JIT inventory management? This strategy reduces carrying costs, minimizes the risk of stockouts, and can improve cash flow— all thanks to data analytics. Download from the below link.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Procurement Insights

DECEMBER 1, 2023

What do supply chain resilience and adaptability really mean? Could you highlight the pivotal opportunities it presents and the potential risks that organizations should be mindful of? Jon thought those were “ universal questions all professionals should ask themselves “, so we decided to propose them to you!

Procurement 50

Procurement Supply chain resilience Sustainability Supply chain 50

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Risk & Performance Management.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

HICX

MAY 12, 2023

For example, the master data is now in place and they have managed to eliminate over 1,000 spreadsheets and reports over the past three years.  Particularly around risk listening. He gives an example in the area of supply chain resilience. Sam admits that there is still a lot to do.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

ProtoCast

APRIL 12, 2021

Total lifetime cost of operation for physical assets Risk management and supply chain resilience, and how it can actually translate into savings rather than cost increases. ** Protcocast is a part of the Proctopus network. Join our Proctopus LinkedIn Group here! Total lifetime cost of operation for physical assets.

Supply chain resilience 40

Supply chain resilience Risk management Sustainability Networking 40

Spend Matters

FEBRUARY 12, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. It tracks geopolitical risk, natural disaster risk and financial risk.

Risk management 96

Risk management Risk Suppliers Management 96

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. Contact Sales The post CTA appeared first on Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

Value Match

FEBRUARY 23, 2023

The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Risk 52

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. You can integrate systems in various ways, but the more you integrate and customize, the higher your risk.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Arkestro

MAY 30, 2022

Critical suppliers are deeply integrated with day-to-day operations, and it is the successful management of these suppliers that delivers a competitive advantage leading to greater business impact. By adopting this strategy, procurement teams build supply chain resilience and agility. Take the Next Step.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? But these additional warehouses and storage facilities need to be cost optimized to really reap the reward of distributed inventory, which puts focus on accurate demand forecasting among other inventory management techniques. Digital Twin.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

Procurement Heads

DECEMBER 15, 2022

I took a job at Digital, which became Compaq and Hewlett Packard, in the supply chain team, managing the inventory for the organisation. They gave me a really good insight as Group Procurement Manager into the healthcare industry for the next four years managing everything a hospital buys.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Procurement Software

APRIL 2, 2024

Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Along with niche category specific procurement tools, there are also project management and internal collaboration applications in this space.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. Managing Supplier Relationships. Managing risk. Managing costs. Ensuring quality.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Heads

SEPTEMBER 14, 2022

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. I have a team of 30 people with end-to-end category management responsibility. Procurement and supplier management are carried out by separate teams under my leadership. What are the main challenges you are currently facing?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

Barkers Procurement

FEBRUARY 27, 2023

Find out how we can support your AMP8 ambitions Book a meeting Asset Management Period 8 (AMP8) commences on 1 April 2025 affecting all English and Welsh Water companies. Effective Risk Management Historically the water industry has placed ‘innovation’ and ‘development’ risk within the supply chain, placing a strain on those organisations.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

Procurement Templates

SEPTEMBER 14, 2023

Here are some evaluation criteria to consider: Environmental Impact : Carbon Footprint : Evaluate suppliers’ efforts to reduce greenhouse gas emissions in their operations, transportation, and supply chain. Continuous Improvement : Assess suppliers’ commitment to ongoing sustainability improvements and goal attainment.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Zycus Cognitive Procurement

DECEMBER 16, 2022

There is an incessant need for going beyond “some-what digital” to “truly digital” operations for business continuity, risk management, and operational excellence. About 60% organizations are focusing on managing and reducing costs using procurement transformation and it is closely followed by increasing efficiency.

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Art of Procurement

NOVEMBER 30, 2023

“Did you ever think we’d be talking this much about supply chains?” – President Biden On Monday, November 27, 2023, The post The White House Council on Supply Chain Resilience appeared first on Art of Procurement.

Supply chain resilience 89

Supply chain resilience Supply chain Supply Procurement 89

Supply Chain Game Changer

APRIL 15, 2020

Sometimes, digitalization requires change management, process shifts, and organizational restructuring. So, with these statistics in mind, would you say that working w/ a startup is too big of a risk…? Adopting solutions that enhance risk management, transparency, visibility & compliance is more important now than ever before.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. KPIs make the procurement process more transparent and manageable. Case Study: Successful Application of Procurement KPIs A.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221