Bill of materials and Risk management - Purchasing & Procurement Zone

Everstream Analytics: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level.

Risk management

Risk management Supply Chain Optimization Risk Supply chain

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management.

Suppliers

Suppliers Bill of materials Procurement team Risk management

Every Manufacturer Should Ask… What’s in Our Risk Register?

ivalua

OCTOBER 15, 2015

Second, break your register into three classifications related to risks associated with your suppliers, bill of materials, and commodity. This will ensure you have a comprehensive view of risk and its impact on your business. Exploring product design changes in the face of rising component costs. Focus on it.

Risk

Risk Bill of materials Supply Chain Efficiency Suppliers

Webinars

Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

MORE WEBINARS

Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’

Procurement Leaders

DECEMBER 9, 2022

Our risk approach isn’t based on the traditional level of spend with suppliers, but on a number of risks we have based on our bill of material for a given product or service. What innovative initiatives have you put in place to help mitigate the impact of economic headwinds?

Suppliers

Suppliers Bill of materials Raw materials Supplier relationship management

New Goals for Procurement – Driving Revenue Growth Through Supplier Collaboration

ivalua

MARCH 29, 2019

First of all, to really make the most of what your suppliers can offer, you need to manage the basics of supplier management well. That means supplier master data management; spend and contract analytics; risk management and so on.

Collaboration

Collaboration Suppliers Procurement Bill of materials

Ivalua Now – So How Was The First Morning For You ?

ivalua

APRIL 11, 2019

He also outlined the road map for the next two years, and it’s clear Ivalua is seeking to be right up there at the leading edge of capability across the whole platform, from risk management to advanced sourcing options. The Future of Procurement” is not a wholly original title, but the next session from Natacha Tréhan was excellent.

Bill of materials

Bill of materials Raw materials Suppliers Procurement

Supply Chain Department – A Typical Structure

SCMDOJO

MARCH 19, 2024

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Materials Planner Forecasts material needs based on production plans and sales forecasts.

Supply Chain Optimization

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain

Cognitive Market and Supplier Intel - Kent Ledgerwood from LevaData

The Procuretech Podcast

JULY 8, 2020

They're a company who are facilitating easier access to supplier data to help buyers in their negotiation preparation, as well as more general risk management assessment activities related to sourcing and supplier management. In today's episode, I interview Kent Ledgerwood, VP of Customer Success at LevaData.

Suppliers

Suppliers Bill of materials supply chain budgeting Negotiation

Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Supply Chain Blog

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Innovation

Innovation Bill of materials Risk management Risk

Overcoming Construction Struggles With Predictive Procurement

Arkestro

MAY 23, 2023

Today, the right procurement software can streamline procurement processes and help procurement managers level-up their current methods of addressing common problems such as project delays, quality control, sustainability, and risk management. Risk Management Risk will always be a primary concern for the construction industry.

Procurement

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

MARCH 24, 2020

Bills of material should be scrutinized for opportunities to identify substitutes, relax specifications for form/fit/function, and use more commoditized/less unique materials. Real Time Risk Management Governance. lower pricing), when supply is disrupted all of these advantages disappear.

Agile and Lean Supply Chain

Agile and Lean Supply Chain Supply chain Supply Cost of ownership

The Control Tower – Is Yours Real or Smoke and Mirrors?

Supply Chain Game Changer

JANUARY 12, 2020

The advancement of digital technology enables the real-time, intelligent management of the Supply Chain. So even if you have a Digital Supply Chain how do you manage this complexity? Not only that, the increased speed of decision-making has real implications for risk management, cash flow and resource management.

Supply Chain Efficiency

Supply Chain Efficiency supply chain software solutions Supply chain Bill of materials

Does Direct Procurement Need Its Own Tech Stack?

Procurement Software

JULY 9, 2024

Risk Management Managing risks in direct procurement involves ensuring consistency in the supply of critical components essential to production. Technologies that support direct procurement provide predictive analytics and risk mitigation tools to safeguard against supply disruptions.

Raw materials

Raw materials supply chain software solutions Procurement Supply Chain Efficiency

Why is Procurement spend data so messy?

Procurement Software

OCTOBER 17, 2023

As long as lead times, bills of material and material specifications are maintained for direct materials, then the remainder is likely not a priority. Does Operations fundamentally care about purchasing data though? Also, we haven’t considered indirect procurement spend.

Data

Data Procurement supply chain budgeting supply chain software solutions

The 25 Hottest US Procurement Startups

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. The platform also offers supply and risk management insights.

Real-time Visibility

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency

Control Towers – Is Yours Real or Just Smoke and Mirrors?

Supply Chain Game Changer

NOVEMBER 10, 2018

The advancement of digital technology enables the real-time, intelligent management of the Supply Chain. So even if you have a Digital Supply Chain how do you manage this complexity? Not only that, the increased speed of decision-making has real implications for risk management, cash flow and resource management.

Supply Chain Efficiency

Supply Chain Efficiency supply chain software solutions Supply chain Bill of materials

How tech can eliminate free text POs, reduce costs and risk

Procurement Software

MARCH 11, 2022

POs for Materials. Raw materials and components parts used in manufacturing are usually inventoried and listed according to a bill of material (BoM). This means there is some master data created in the system which is both managed and maintained to a varying extent.

Risk

Risk Purchase orders Spend management Purchasing

How tech can eliminate free text POs, reduce costs and risk

Procurement Software

MARCH 11, 2022

POs for Materials. Raw materials and components parts used in manufacturing are usually inventoried and listed according to a bill of material (BoM). This means there is some master data created in the system which is both managed and maintained to a varying extent.

Risk

Risk Purchase orders Spend management Purchasing

Materials Management Objectives: A Strategic Approach

SCMDOJO

DECEMBER 16, 2024

Materials Requirements Planning (MRP) Materials Replenishment Planning is the knowledge of forecasting, demand planning, scheduling, and inventory management tools and concepts necessary to analyze the optimal placement and velocity of materials required in manufacturing and distribution.

Material management

Material management Management Supply Chain Optimization Agile and Lean Supply Chain

Responding to “Tariff Man”: Beyond the Rhetoric

Jaggaer

JANUARY 23, 2025

The ability to source a full bill of materials and compare various scenarios across (for example) US, EU or Asian suppliers, and by individual component rather than just the overall BoM, is critically important here.

Export

Export Supply Chain Efficiency Raw materials supply chain budgeting

Purchasing & Procurement Zone

Everstream Analytics: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

Webinars

Trending Sources

Every Manufacturer Should Ask… What’s in Our Risk Register?

Webinars

Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’

New Goals for Procurement – Driving Revenue Growth Through Supplier Collaboration

Ivalua Now – So How Was The First Morning For You ?

Supply Chain Department – A Typical Structure

Cognitive Market and Supplier Intel - Kent Ledgerwood from LevaData

Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

Overcoming Construction Struggles With Predictive Procurement

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

The Control Tower – Is Yours Real or Smoke and Mirrors?

Does Direct Procurement Need Its Own Tech Stack?

Why is Procurement spend data so messy?

The 25 Hottest US Procurement Startups

Control Towers – Is Yours Real or Just Smoke and Mirrors?

How tech can eliminate free text POs, reduce costs and risk

How tech can eliminate free text POs, reduce costs and risk

Materials Management Objectives: A Strategic Approach

Responding to “Tariff Man”: Beyond the Rhetoric

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