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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. Digitization Benefit #3: Total Spend Management.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.

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8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Use these eight tips to optimize your SMD for smoother processes, more accurate information and better business value. This means optimizing in all directions.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah

ivalua

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials.

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JOB ORDER – Everything You Should Know

Procurement Tactics

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. To continue to optimize procurement processes, implement these lessons in future job orders.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Written by.