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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. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That makes agility a foundational part of your manufacturing strategy. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their supplierssuppliers—make up an organization’s multi-tier supply chain.

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The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships

Jaggaer

For example, AI can assess risks associated with a supplier’s capacity to meet contract terms, especially in high-risk categories or tight timelines. It also quantifies potential risks tied to suppliers with inconsistent performance. AI provides helpful assistance in identifying your supplier capacity and planning accordingly.