Remove Risk management Remove Supply chain resilience Remove Vendor relationships
article thumbnail

2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

article thumbnail

Dun & Bradstreet Offers Complimentary Supply Chain Evaluation

Let's Talk Supply Chain

This initiative comes at a crucial time when global disruptions have underscored the importance‍ of robust supply chains. By leveraging Dun & Bradstreet’s expertise, companies can proactively identify vulnerabilities, optimize their supplier networks, and strengthen overall supply chain resilience.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Procurement Trends 2025: Automation, Analytics & Strategy

Planergy

4] Automated Supplier Management is the New Standard: From onboarding to performance monitoring, automation tools are improving accuracy, compliance, and vendor relationships while easing the administrative burden. [5] 9] Risk mitigation is another driver.

article thumbnail

A guide to vendor due diligence: Process, policy, software & checklist

TYA Suite

This not only saves time but also ensures accuracy in vendor classification critical for risk profiling and meeting procurement regulations. SAP Ariba offers advanced supplier risk management features, integrating due diligence into a broader procurement ecosystem.

article thumbnail

CTA

ivalua

However that’s only part of the puzzle – strong vendor relationships are equally essential. As such, many organizations are increasing technology investments and digital transformation efforts to benefit from long-term cost savings and efficiencies.

article thumbnail

A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

However that’s only part of the puzzle – strong vendor relationships are equally essential. As such, many organizations are increasing technology investments and digital transformation efforts to benefit from long-term cost savings and efficiencies.