Remove 2023 Remove Suppliers Remove supply chain software solutions
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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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What does the German Supply Chain Act Mean for Procurement?

ivalua

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. This includes assessing the environmental and social impacts of their operations, as well as the working conditions of those involved in their supply chain.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC will aid our customers in establishing a more sustainable supply chain to reduce both greenwashing and green-guessing.”

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

per cent in January 2023, down from 9.2 One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Eurozone annual inflation was down 8.5 per cent in the previous month.

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Sales Order vs. Purchase Order – 8 Key Differences

Procurement Tactics

That’s why for today, we will explore the differences between the sales order and purchase order and highlight some software commonly used to manage these orders. A sales order is a confirmation document a supplier/seller issued to the buyer. A purchase order is a document created and issued by the buyer to a seller/supplier.

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2022 Summer of Supply Chain Legislation

Skill Dynamics

However, for supply chain professionals, it will also be remembered as a summer of environmental, social and governance (ESG) legislation. Last year, Germany passed its Act on Corporate Due Diligence Obligations in Supply Chains. Also slated for 2023, is the EU Supply Chain Law. Weigh up risks.