Remove Price Remove Supply chain resilience Remove supply chain software solutions
article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 264
article thumbnail

The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions

SCMDOJO

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. Enhance visibility across the supply chain through structured reports.

professionals

Sign Up for our Newsletter

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

article thumbnail

Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174. This will free up more valuable time for users to manage critical issues around supply disruption, price volatility, as well as environmental, social, and governance risks.”.

article thumbnail

4 Ways Modern Software will Empower Digital Procurement

ivalua

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.

article thumbnail

Supplier collaboration software: A full overview

TYA Suite

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. This software enables companies to create more efficient and transparent relationships with their suppliers, improving the overall performance of their supply chain.

article thumbnail

Supplier Collaboration Software — What You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. Best Supplier Collaboration Software 1.

article thumbnail

Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. The global supply chain is undergoing an incredible transformation that will change the way we do business. 5 BU’s: Digital, Pharma, Supply Chain, Tissue, and Tobacco.