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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. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

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Digital Procurement Tools: How much do they cost?

Procurement Software

So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. We’re going to cover three different price points. Some platforms in this price range will also support e-auction capabilities. Usually priced based on spend amount being analysed through the tool.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

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.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. These insights can help identify bottlenecks, areas that need optimization and can detect inefficiencies in the supply chain. Download from the below link.

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability. For example, a product with a lower purchase price may have higher long-term operational and disposal costs.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. 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.”.

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Why Predictive Procurement in Health and Pharma is the Future

Arkestro

At the same time, digital acceleration and the need for agility have expanded the role of procurement and finance from cost-management functions to broader champions of risk management, strategic decision making, and business agility.”. . We all remember the early days of the pandemic and shortages in critical medical supplies.