ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important?

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? At the start of the pandemic, many voices were calling for the shortening of supply chains and an equal number calling for the reshoring of products. Supply Chain Resilience vs Low-Cost Supply Chain.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 68

IBM Supply Chain Blog

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Purpose matters to consumers and drives profitability.

Supply chain resilience 75

Supply chain resilience Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 75

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

ivalua

APRIL 9, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

APRIL 8, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

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. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Agile and Lean Supply Chain 130

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

ivalua

JUNE 17, 2022

Taking Steps to Increase Resiliency. Procurement leaders are under increased pressure to improve supply chain resilience. In this regard, monitoring supplier performance, compliance, and the flow of materials from the lowest tier of supply to the end consumer is key to promoting end-to-end visibility.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk Supply chain resilience 130

HICX

OCTOBER 21, 2022

In a series of interviews which took place during World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought-leaders and experts from the Procurement and Supply Chain industries about their opinions on Supplier Experience Management (SXM) and the future of Procurement. And that is strategic empathy.”.

Suppliers 52

Suppliers Management Supply chain resilience Procurement strategies 52

HICX

OCTOBER 3, 2022

In a series of interviews which took place during World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought-leaders and experts from the Procurement and Supply Chain industries about their opinions on Supplier Experience Management (SXM) and the future of Procurement.

Suppliers 52

Suppliers Management Supply chain resilience Supply chain 52

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Game Changer

MAY 5, 2021

They’ve hired strategic Supply Chain professionals who can turn this data into actionable intelligence, and redesign the supplier, production, and transportation network to get products to market quicker and cheaper. Just-in-time” production has become a hallmark of today’s Supply Chains. Then came COVID-19.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

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

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

ivalua

JUNE 15, 2022

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. The global supply chain is undergoing an incredible transformation that will change the way we do business. Centralized and decentralized procurement & supply chain organization.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. After catching up with colleagues and acquainting ourselves with some new faces, we dove into solution breakout sessions.

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

EazyStock

DECEMBER 13, 2020

The best way to safeguard your supply chain will be by building resilience into your operations. Supply Chain Performance: Reviewing 2020. Take the time to reflect on your supply chain’s performance this past year. How were your suppliers affected? Prepare for Upcoming Supply Chain Risks.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Inventory 98

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Benefits of Supply Chain Collaboration. Horizontal Collaboration .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Businesses are either pausing staffing efforts or ramping up talent acquisition strategies depending on the industry. The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Procurement Templates

SEPTEMBER 14, 2023

Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation. It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

It exposed weak links in production strategies and supply chains of organizations. Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. Smith was let go.

Risk management 52

Risk management Risk Suppliers Management 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Supply chain management has long been characterized by the need to source and aggregate goods from various vendors, manufacturers, and suppliers across a wide geographic area.

Supply chain management 52

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

ivalua

JULY 8, 2020

Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis. Supplier Data Quality & Management in Decision Making. Risk & Performance Management.

Agile and Lean Supply Chain 26

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

ivalua

FEBRUARY 24, 2021

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. The post 10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021 appeared first on Ivalua.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

SCMDOJO

JUNE 6, 2023

This strategy reduces carrying costs, minimizes the risk of stockouts, and can improve cash flow— all thanks to data analytics. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience. This will benefit the entire supply chain.

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? The talent gap has been recurrently discussed in the Italian procurement realm.

Procurement 50

Procurement Supply chain resilience Sustainability Supply chain 50

ivalua

APRIL 5, 2023

Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap. For Ikea, digital transformation strategy and adaptability is the key to their growth and success. Karolina continued, “Don’t underestimate the magnitude of change.”

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

ivalua

APRIL 27, 2023

“We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Geopolitical manipulation on suppliers worldwide adds to the pressure.

Supply Chain Efficiency 130

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

ivalua

APRIL 27, 2023

“We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Geopolitical manipulation on suppliers worldwide adds to the pressure.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Procurement Heads

SEPTEMBER 14, 2022

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. 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.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

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

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Engaging with suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? When businesses start working with local suppliers, they become part of a growing cycle of economic development.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49