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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As

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5 New Year’s Resolutions for Procurement

Una

Survey all stakeholders, including your own team, end-users of your procurement systems, your suppliers, heads of other functions, and your leadership team. Without visibility of contract expiry dates and auto-renewals, procurement and their partners in IT miss out on the opportunity to change suppliers or renegotiate the contract.

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PRESS RELEASE: 2018 Sustainable Purchasing Leadership Award Winners Announced

SPLC (Sustainable Purchasing Leadership Council)

As a leader in sustainable supply chains, Bon Appétit helped define what it means to source local food through a number of local food programs and extensive partnership programs with nearly 1400 local suppliers. Leadership Award for Supplier Engagement: Royal Philips. Supplier Leadership Award: HP Inc.

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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

Effective risk management in procurement is crucial to ensure uninterrupted supply chains, maintain cost-efficiency, protect organizational reputation, and ensure compliance with legal and regulatory requirements. Steps in Procurement Risk Management Process A.