Purchasing Risk management Supply Chain Visibility 
Spend Matters
JUNE 3, 2025
As Spend Matters explored in its series on tariff management , a comprehensive response framework typically includes: Assessing exposure across your supplier base and bills of materials, down to parts, origin countries and HS codes. Evaluating mitigation options , including: Advanced purchasing or inventory building to front-run tariffs.
Jaggaer
FEBRUARY 28, 2025
However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing. Maintaining revenue and profitability depends on a resilient and adaptable supply chain.
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NLPA (Next Level Purchasing Association)
MAY 8, 2023
Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.
ivalua
FEBRUARY 8, 2023
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. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.
ivalua
FEBRUARY 25, 2021
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?
Procurement Tactics
JUNE 5, 2023
This intricacy stems from factors such as geographical distance, cultural differences, legal compliance, supply chain visibility challenges, and the impact of political and economic instability. Successfully managing these complexities requires robust strategies and effective risk management measures.
TYA Suite
MAY 23, 2025
Collaborative efforts can also identify cost-saving opportunities, such as bulk purchasing or optimized logistics, resulting in overall cost reductions for both parties. Risk management collaboration involves working together to identify and mitigate potential risks in the supply chain.
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