ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

SCMDOJO

JUNE 6, 2023

What’s more, data analytics can help businesses implement ‘just-in-time’ (JIT) inventory management. What is JIT inventory management? This strategy reduces carrying costs, minimizes the risk of stockouts, and can improve cash flow— all thanks to data analytics. Download from the below link.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Procurement Insights

DECEMBER 1, 2023

What do supply chain resilience and adaptability really mean? How do you assess the impact of these changes on procurement strategies and supply chain dynamics , especially concerning alliances, trade, and potential risks?

Procurement 51

Procurement Supply chain resilience Sustainability Supply chain 51

ivalua

JULY 8, 2020

To get started and keep the process more manageable, many companies focus on a smaller subset of key suppliers. Source-to-Pay technology can help procurement teams establish and organize campaigns to collect & update supplier information and receive real-time supplier risk management updates on important risk factors (e.g.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Value Match

FEBRUARY 23, 2023

The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Risk 52

HICX

MAY 12, 2023

Sam explains that they identified five areas in Procurement where improvements could be made: Risk and master data processes  Increasing insights and value from the data in the supply chain  Reducing reactive risk management and moving to proactive risk management.  We do not need an end-to-end solution.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Arkestro

MAY 30, 2022

Ultimately, many of the findings explain the importance of predictive procurement , a strategy that will be critical to the future of health and pharma. . We all remember the early days of the pandemic and shortages in critical medical supplies. By adopting this strategy, procurement teams build supply chain resilience and agility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Procurement Templates

SEPTEMBER 14, 2023

One of the key strategies in sustainable sourcing is to promote local suppliers, reducing transportation-related emissions. Conclusion Procurement and sustainability are no longer separate entities but rather intertwined components of a modern, responsible business strategy.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

ivalua

APRIL 27, 2023

Tackling Today’s Procurement Challenges According to Roach, Procurement is experiencing a “triple squeeze” in today’s business environment as inflation, labor force shortages, and supply chain disruption continue to impact the value Procurement delivers to organizations. To do so, we need to get creative and curious.”

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Tackling Today’s Procurement Challenges According to Roach, Procurement is experiencing a “triple squeeze” in today’s business environment as inflation, labor force shortages, and supply chain disruption continue to impact the value Procurement delivers to organizations. To do so, we need to get creative and curious.”

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. How to report and analyze indirect spend to identify savings opportunities.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 16, 2022

There is an incessant need for going beyond “some-what digital” to “truly digital” operations for business continuity, risk management, and operational excellence. Developing supply chain resiliency. It is time procurement and sourcing leaders have a dedicated strategy for Next-generation procurement.

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Procurement Heads

SEPTEMBER 14, 2022

Procurement and supplier management are carried out by separate teams under my leadership. I also have accountability for the supply chain third-party management risk and environmental, social and governance (ESG) strategy. Where do our passions lie in the day-to-day of the role?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. Water companies need to build greater capability to understand risk.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Category management can lead to better supplier selection, improved negotiation, and enhanced value delivery.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

JULY 27, 2021

Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Subscribe Here!

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

Empowering CPO

JUNE 9, 2023

Understanding and implementing the right procurement metrics and KPIs can be the difference between a successful procurement strategy and one that falls short of its potential. They serve as the foundation upon which procurement strategies are built and evaluated.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Supply Chain Game Changer

APRIL 15, 2020

Following a digital roadmap, and building requirements based upon existing processes and strategies doesn’t always reflect what the market has to offer. It’s important to have a holistic approach and strategy, but if you don’t know when to narrow your focus, you may get caught up in the magnitude of a digital shift. Trust the Startups.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Empowering CPO

JUNE 27, 2023

Whether you are a procurement professional, business owner, or someone interested in the evolving landscape of procurement, this blog will provide valuable insights and actionable strategies to help you navigate the digital transformation journey effectively.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

EazyStock

FEBRUARY 13, 2019

This strategy involves keeping inventory in multiple distribution centers, strategically positioned near the customers, to be able to fulfill customer orders by delivering from multiple warehouses. Supply Chain Resiliency and Risk Management.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

Procurement Tactics

JANUARY 13, 2023

Procurement success in 2023 with our Strategy Course. The conference is said to deliver frameworks, strategies, and insights for chief supply chain officers and supply chain leaders to make a bold move and drive real impact in their organizations. . Lessen the risks and quickly respond to disruptions.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

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?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221