article thumbnail

Global Supply Chain — Everything About Supply Chain

Procurement Tactics

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

article thumbnail

Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Understanding Supplier Risk Management.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developing a strong supply chain risk management strategy

Strategic Sourceror

The world is a difficult place to be as a supply chain expert today and will only get more difficult in the future. We're living in a time of near unprecedented uncertainty in the modern era and the risk it brings to supply chain management is immense. How to create a strong risk management strategy.

article thumbnail

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. Work to achieve 100% supply chain visibility.

article thumbnail

In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. How do these priorities impact the digital roadmap and future investments? Will digitization improve performance?

article thumbnail

Electrolux’s Mirela Boldu on managing supply chain threats through education and collaboration

Procurement Leaders

For Mirela Boldu, senior programme manager – supplier risk management, managing these threats is crucial to the function. “We are not only focused on cost-reduction, but also added value when we talk about sustainability, innovation and risk avoidance.

article thumbnail

UCB CPO Sebastien Bals on using technology to get ahead of supply chain disruptions

Procurement Leaders

That said, the biggest challenge remains going deep into your supply chain. UCB’s changing supply chain We have a categorisation beyond whether a supplier is strategic or not. It’s understanding the potential trade-offs that we might make from redesigning our supply chain.