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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChainResilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychain management activities that can help Procurementteams build and maintain supplychainresilience now and in the years to come. Why is visibility so important?
These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supplychainresilience. Enhances AI-driven supplychainresilience. Provides end-to-end supplychainvisibility and real-time insights.
Building and maintaining supplychainresilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supplychain disruptions? Digital Transformation is the Top CPO Priority. More on that here.
As a public funded project, supplychain transparency is critical. This includes the procurement of materials, where they come from, and the conditions in which they were produced. In September 2021, the team developed a template to ensure a consistent, objective approach was taken to each of these one-to-one meetings.
As the procurement landscape continues to evolve, Chief Procurement Officers (CPOs) in 2025 will face a wide range of challenges and concerns shaped by technological advancements, geopolitical shifts, sustainability demands, and more.
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? SupplyChainVisibility. Avoid supplychain delays.
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