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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. It’s vital that supplies are predictable, so you can get the products and services you need. Supply Chain Visibility.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How to gain visibility and control of your indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.

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