ivalua

MAY 21, 2025

On the flipside, automation ensures consistent policy enforcement and proactive risk mitigation without slowing down procurement activity. Compliance and risk are hard to monitor, and strategic planning is nearly impossible.

Real-time Visibility

Procurement Insights

JUNE 7, 2025

. – Structured Decision-Making: Each model provides a structured approach to decision-making, whether in risk assessment (Hansen) or product development (Bezos). This is especially applicable in risk management, policy planning, and industries subject to complex, interconnected disruptions.

Supply Chain Optimization

Let's Talk Supply Chain

MARCH 5, 2025

Join us as we delve into the intricate world of borderlands Mexico, where strategic planning and logistical prowess reign supreme in the ‍fight for economic resilience. in a dynamic trade environment, where tariffs can fluctuate rapidly, strategic planning is paramount for businesses operating in the region.

Agile and Lean Supply Chain

Procurement Insights

JULY 1, 2025

Hansen Fit Score The Hansen Fit Score , as detailed in the Procurement Insights article, is an AI-driven algorithm framework (used in RAM 2025 Levels 1 and 2) that assesses technology providers based on organizational alignment, leadership profiles, and strategic risk management.

Agile and Lean Supply Chain

Planergy

FEBRUARY 24, 2025

Set up cross-departmental procurement committees that include representatives from: Academic departments Administrative offices Financial management Technology services Facilities management Schedule quarterly strategic planning sessions to review the previous quarter and plan for the next one.

Procurement

Jaggaer

APRIL 9, 2025

Advances in machine learning and automation are making supplier management even more efficient and proactive. One key area where AI is making an impact is supplier performance and risk management. AI continuously analyzes supplier data to identify issues early, predict potential disruptions, and recommend corrective actions.

Strategy

Supply Chain Game Changer

JULY 15, 2025

Achieving efficiency in oil and gas production is the result of concerted efforts spanning advanced engineering, strategic planning, and technological integration. These risks underscore the importance of comprehensive risk management strategies. What are the key factors behind efficiency in oil and gas production?

Supply Chain Efficiency

Procurement Insights

APRIL 7, 2025

This level of technological integration enables proactive decision-making and strategic planning beyond the capabilities of traditional procurement orchestration models. Advanced Technological Integration: Metaprise leverages AI and big data to digitize profit models, automate workflows, and provide predictive analytics.

Real-time Visibility

Planergy

MARCH 19, 2025

Technology automates repetitive tasks like purchase approvals, order tracking, and invoice management, freeing up administrators time for strategic planning. Risk Management in Supplier Relationships Unforeseen challenges, like a supplier going out of business or supply chain disruptions, can severely affect schools.

Suppliers

Let's Talk Supply Chain

APRIL 20, 2025

Key Considerations when Managing Tariffs in the Supply Chain Analysis In the realm of ‍supply chain management, navigating tariffs is a crucial aspect that requires careful consideration and ‍strategic planning.

Supply Chain Efficiency

Let's Talk Supply Chain

FEBRUARY 25, 2025

Strategic Planning: A forward-thinking approach to supply chain management, including forecasting, risk management, and cost optimization, is crucial for long-term success.

Supply Chain Efficiency

Jaggaer

JUNE 25, 2025

Financial Services Whereas conventional AI has long been used for risk management, credit scoring and other predictive analytics, generative AI can be used to deliver reports on market trends for investors and analysts. Let’s set the scene by briefly describing some use cases across business.

Supply Chain Efficiency

Supply Chain Game Changer

JUNE 9, 2025

By automating routine tasks, banks can free up resources to focus on higher-value activities, such as customer service and strategic planning. RPA can also be used to improve compliance and risk management. Automated banking processes can also help banks improve risk management and compliance.

supply chain budgeting

Procurement Leaders

JANUARY 16, 2023

. “The executive team has acknowledged the procurement team’s work in keeping product on the shelf, managing cost and managing inflation. ” Leveraging long-standing risk management expertise. ” Despite the headwinds, Stroup is proud of her function’s risk management efforts.

Risk

Procurement Leaders

AUGUST 25, 2023

By benchmarking leading organisations alongside others, Procurement Leaders’ Strategic Planning Guide 2024 research reveals the measures procurement chiefs can take to ensure their functions perform at the highest possible level.

Procurement

Procurement Leaders

MAY 7, 2024

Planning for 2025, already Please look out for an invitation to participate in our 2025 Strategic Planning Guide survey, as I’ll be reaching out to you next week.

Strategic planning

Procurement Leaders

MARCH 6, 2023

Procurement Leaders’ Strategic Planning Guide 2023 found that, for the first time ever, cost was not considered to be the function’s most important priority – coming a close second behind reducing supplier risk. It’s always going to be sexy to save money. The question is: what are the other areas on which we can focus?”

supply chain budgeting

Procurement Leaders

JUNE 24, 2024

Benchmark against the best Just two weeks remain before we close the survey for our ever-popular Strategic Planning Guide , which provides timely insight at a key time of the year. The continued shift towards specialised procurement roles; highlighting leaders’ plans to hire dedicated digital, ESG and risk management staff.

Leadership

Procurement Templates

APRIL 15, 2024

Stage 6: Risk Management Days 51-60 Risk Assessment: Conduct a comprehensive risk assessment to identify potential risks related to suppliers, contracts, and operations. Mitigation Strategies: Develop and implement risk mitigation strategies to minimize exposure and ensure business continuity.

Procurement team

Procurement Heads

JUNE 28, 2022

Great businesses have always looked to procurement for a balanced scorecard across the strategic planning cycle. Procurement has become recognised as a key strategic element in operational success. Highly efficacious procurement and commercial risk management have never been more critical than it is currently.

Chief Procurement Officer

IBM Supply Chain Blog

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.

Data

IBM Supply Chain Blog

JUNE 29, 2023

Learn more about IBM Planning Analytics Integrated business planning framework Integrated Business Planning (IBP) is a holistic approach that integrates strategic planning, operational planning, and financial planning within an organization. Making up the IBP framework are six key pillars: 1.

supply chain software solutions

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing

Supply Chain Trend

SEPTEMBER 26, 2020

During this period of risk management, strategy focus will likely be dialed down too. With the help of cognitive automation, IBP will become both more agile and more strategic. Some supply chains leaders already have displayed these capabilities during COVID.

Agile and Lean Supply Chain

Supply Chain Game Changer

MAY 19, 2022

Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Either option creates opportunities for better consistency, improved risk management, and better professional relationships. Understanding the Labor Shortage. million in March 2022.

supply chain budgeting

SCMDOJO

JUNE 27, 2024

How Important Is Risk Management in the Oil Supply Chain? Identifying potential risks and developing strategies to mitigate them is crucial for maintaining steady supply chain operations. Identifying and Mitigating Risks in Oil Logistics Comprehensive risk assessments help in preempting logistical disruptions.

Supply Chain Efficiency

Procurement Leaders

JUNE 10, 2024

Benchmark against the best We are busily collecting data to support the production of our ever-popular Strategic Planning Guide , which provides timely insight at a key time of the year. Because of that, remaining laser-focused is priority number one.

e2e

Procurement Templates

MARCH 3, 2024

Risk Management : Market intelligence helps in identifying and mitigating various risks associated with procurement, such as supply chain disruptions, price volatility, geopolitical instability, and regulatory changes. Strategic Planning : Market intelligence informs strategic planning and decision-making within procurement.

Strategic sourcing

SCMDOJO

APRIL 22, 2024

Supply Chain Risk Management, or (SCRM for short), is an already expanding industry, and with artificial intelligence becoming more intelligent by the day, it’s going to be an integral part of any supply chain analysis. From natural disasters to cyberattacks and pandemics, the risks are varied and significant.

Agile and Lean Supply Chain

Zycus Cognitive Procurement

DECEMBER 15, 2022

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. Managing Supply Chain Risk. This can be achieved through a combination of effective risk management strategies and business continuity planning.

Supply chain management

World of Procurement blog

APRIL 23, 2024

Artificial Intelligence (AI) and Machine Learning (ML) AI and ML technologies are beginning to play a significant role in predictive analytics, risk management, and process automation. Risk Mitigation : Advanced analytics and real-time data enable proactive risk management and compliance monitoring.

Supply Chain Efficiency

World of Procurement blog

APRIL 23, 2024

Artificial Intelligence (AI) and Machine Learning (ML) AI and ML technologies are beginning to play a significant role in predictive analytics, risk management, and process automation. Risk Mitigation : Advanced analytics and real-time data enable proactive risk management and compliance monitoring.

Supply Chain Efficiency

Supply Chain Game Changer

NOVEMBER 14, 2018

While many of the basic functions that are performed in the Supply Chain, like order management, negotiations, supplier management and transportation will continue the way in which these skills, and more, are performed will be much more technologically advanced and informed. So what are some of the Supply Chain skills of the Future?

Agile and Lean Supply Chain

Skill Dynamics

OCTOBER 19, 2023

For example, advanced strategic planning skills are relevant to procurement managers, while data analysis proficiency is associated with sourcing analyst roles. Frequent skills gaps include: Risk management – key for avoiding supply chain disruptions. Robust risk management strategies.

Supply Chain Optimization

Supply Chain Game Changer

MARCH 2, 2021

This strategy plays into a larger lesson regarding disaster planning and risk management. Rather than dust off risk management documents once a year, then file them back in a drawer, Mike says supply chain professionals must take these preparations seriously and include them in ongoing strategy.

Supply Chain Efficiency

Zycus Cognitive Procurement

JANUARY 24, 2023

Procurement professionals who can define, execute and implement strategic planning processes are required for resilient and innovative procurement functions. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies

NLPA (Next Level Purchasing Association)

MAY 7, 2023

The executive component of S&OP is the eS&OP, where top management, middle managers, and specialists meet to balance supply and demand, align operational and financial planning, connect strategic planning with day-to-day sales and operations, and establish policy, strategy, risk, and budget changes via a disciplined discussion.

supply chain budgeting