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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience 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. Create speed and transparency.

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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

For example, a product with a lower purchase price may have higher long-term operational and disposal costs. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. You can integrate systems in various ways, but the more you integrate and customize, the higher your risk.

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The Key Benefits of Outsourcing to Managed Procurement Services

Empowering CPO

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. Risk Management: Procurement involves a variety of risks, from supply chain disruptions to compliance issues.