ivalua
FEBRUARY 8, 2023
The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.
ivalua
JUNE 16, 2021
In fact, a survey conducted by the Economist Intelligence Unit (EIU) found that 96% of respondents from the Middle East region were reconfiguring their supply chains in October 2020 — much higher than the global average of 83%. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5
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ivalua
JUNE 1, 2022
In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning. Why is visibility so important?
ivalua
MARCH 16, 2021
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?
Skill Dynamics
OCTOBER 19, 2023
A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. This approach also helps with overall team development.
Arkestro
DECEMBER 12, 2022
During the pandemic, healthcare needed to treat people with COVID-19, and the pharmaceutical industry had to increase the production and distribution of medical supplies and vaccines. What Are the Biggest Procurement Challenges in Health and Pharma? Supply Chain Visibility. Avoid supply chain delays.
Supply Chain Game Changer
OCTOBER 28, 2021
The COVID-19 crisis highlighted the need to better understand the end-to-end supplier network and the risks that exist beyond direct suppliers” (Deloitte 2021). Possibly less of a ‘secret’, and more so something we all seem to turn a blind eye to, but the majority of procurement teams lack visibility beyond their tier-1 suppliers.
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