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

ivalua

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place. The platform empowers Manufacturers to quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

Sustainable bidding. Procurement can integrate eco-friendly practices into bidding strategies by setting clear sustainability criteria, prioritizing suppliers with established sustainability practices, and requesting detailed sustainability plans from suppliers.

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

ivalua

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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Could some of our UK counties be under water by 2050?

Value Match

Ensure supply chain resilience : Procurement teams can work with suppliers to ensure that their supply chains are resilient to the impacts of sea level rise, such as flooding and storms. This could include setting targets for reducing carbon emissions and encouraging the use of renewable energy sources.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics. Janice Marquardt Janice Marquardt has been a driving force in the supply chain sector for manufacturing and energy businesses since 2011.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Leverage e-procurement tools and online auctions to obtain competitive bids and pricing. Risk Management : With global supply chain disruptions, procurement is prioritizing supplier risk assessment and mitigation.