Remove Agile and Lean Supply Chain Remove Contract management Remove Real-time Visibility
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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

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Part II: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supply chain. .

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ Source-to-Pay is typically broken into two parts – upstream and downstream. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

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Leveling up from tools to systems: A holistic approach to third-party management

Spend Matters

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

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Leveraging Critical Factors for Supply Chain Success

NLPA (Next Level Purchasing Association)

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Flawed or outdated Technology and Equipment that limits visibility. These characteristics make it agile and able to rapidly deploy thought leadership and other vital assets to shifts in market pressures.