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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. Work to achieve 100% supply chain visibility.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

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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. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. For example, a product with a lower purchase price may have higher long-term operational and disposal costs. LCAs can also reveal hidden costs associated with unsustainable practices.

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

Zycus Cognitive Procurement

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” 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.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.