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In 2025, the world of supplychainmanagement continues to evolve, with technology playing an increasingly vital role in risk mitigation. As businesses face growing complexities in logistics, compliance, and…
The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supplychain.
In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
Subscribe to SupplyChain Game Changer. SupplyChainRiskManagement is a Cirque Du Soleil Calibre Act! In today’s world, supplychains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global SupplyChain — Everything About SupplyChain Global supplychain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
Supplychains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supplychain operations. Enhance visibility across the supplychain through structured reports.
Supplier Relationship ManagementSoftware — Everything You Should Know. Supplier relationship managementsoftware is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship managementsoftware?
Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychainsolutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
Like every industry Procurement & SupplyChainsoftware vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
This introduction to supplier riskmanagement outlines the importance of effectively identifying and managingrisks that may arise from suppliers. Supplier riskmanagement is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
Subscribe to SupplyChain Game Changer. Small Business Risks in Accepting Cryptocurrencies! This is why crypto riskmanagement is important to take your wealth off of exchanges and into your own hands. Risks of Crypto Exchanges. The post Crypto RiskManagement: Securing Your Funds! Conclusion.
Investing in Procure-to-Pay solutions is seeing the bigger picture. In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value. Procure-to-Pay Software mitigates financial risk.
Nikhil Gaur, Spend Matters Director, Strategic Projects & Research Analyst, summed up the achievement as follows: “Spend Matters tracks some 1,500+ procurement and supplychain technology and services providers. Solutions around ESG, risk, intake & orchestration come to mind.
In today’s competitive business landscape, optimizing supplychains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supplychain performance is fixed asset management.
American manufacturers are adapting to significant modulation in the nature of their supplychains as market forces and current global events promote operating “closer to home”. Transportation logistics softwaresolutions play a key role in effectuating this change. This strategy is not without its risks though.
Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement managementsoftware is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.
“Ivalua’s Risk Center brings actionable data and insights from across the supplier lifecycle together with complimentary external data so our customers can effectively manage supplier risk. The global supplychain is a breeding ground for hidden sustainability and CSR risks.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
Risks are guaranteed when dealing with a supplychain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supplychain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.
Procurements most valuable players Jesus Campos , CEO CorporateLATAM, once wrote on Spend Matters that procurement functions must address two key areas to navigate the uncertainty of global markets: riskmanagement and organizational structure the latter being relevant to our discussion on procurement transformation. The RiskManager.
In the intricate web of global trade, navigating through tariffs and supplychain compliance can feel like threading a needle in a storm. However, understanding the crucial role of supply chain and compliance in tariffs can serve as a guiding light in this complex terrain.
Sustainable SupplyChain Consulting — The Ultimate Guide. Sustainable supplychain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supplychain consulting firms are. What is Sustainability in SupplyChain?
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supplychainriskmanagement thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.
Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Tools like PLANERGY enhance supplychain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.
Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Procurement is no longer judged solely on cost savings but also on metrics like risk mitigation, supplier diversity, and innovation impact.
Subscribe to SupplyChain Game Changer. How Cloud Computing Can Help SupplyChain! The supplychain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supplychainmanagement.
Subscribe to SupplyChain Game Changer. Cyber Security and the Digital SupplyChain! Technology has mainly driven the growth of supplychain operations throughout the years. Supplychain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.
Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supplychainriskmanagement. The breach extended far beyond just SolarWinds, however, as the hacking strategy was a supplychain attack.
Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supplychain. Throughout my career, I have successfully led GTM strategies, built strong brands, and managed high-growth teams. The customer is demanding much more, they want everything fast!…
REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supplychain, procurement and finance business leaders on Effective Procurement Performance Measurement. About Ivalua.
The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate.
We conclude that different types of loans may help e-commerce supplychains. You benefit from them because your business receives help for managing peak seasons and overcoming competition for the top e-commerce positions. Source: [link] Well, it faces a few challenges: Management. in CAGR by 2030.
In today’s complex global business environment, effective supplychainmanagement (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supplychainmanagement and meet their business goals.
Today Im joined by CargoWise Landside , the leading cloud-based supplychain product that believes excellence in container drayage starts with the right software. CargoWise Landsides suite of logistics solutions are built to power the movement of containers by road, rail, and container exchange.
As procurement and supplychain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business. JAGGAER software automates much of the onboarding process to ensure that nothing is overlooked, and risk is minimized.
In today’s fast-paced business landscape, having an efficient supplychain department is more important than ever. A streamlined supplychain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.
The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. Demand Management: Work with internal stakeholders to understand their needs and identify opportunities to reduce consumption or find alternative solutions.
Categories: Industry News , SupplyRiskManagement , Sustainability Tags: PRO Today global supplychainriskmanagement data, software and services provider, apexanalytix, announced its acquisition of ESG Enterprise, an environmental, social and governance (ESG) SaaS and data analytics software provider.
(IO) Understanding AWS Marketplace in the context of procurement solutions Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. Read Lead Analyst of Downstream Procurement Xavier Olivera’s quick breakdown of the solution.
But what steps can you take to a more resilient supplychain during disruptions? If you’re ready to learn more about creating stronger supplychains, read below. As more industries face ransomware attacks, it’s a good idea for any supplychain company to hire cyber experts to prevent disruptions.
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