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Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

The release includes a broad set of innovations to empower Procurement and Supply Chain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. .

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

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5 Ways Predictive Procurement Is Transforming High-Tech Manufacturing

Arkestro

So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. Arkestro allows them to quickly adapt to changing market conditions and component availability and focus on quality and innovation within their complex manufacturing processes.

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ChatGPT Assesses McKinsey, Gartner, Busch, Hansen, and Barner

Procurement Insights

Focus on large-scale transformations, strategic frameworks, and cutting-edge technologies like AI and supply chain resilience. Offers insights into emerging trends and supplier innovation. Downsides : Heavy focus on technology; less coverage on broader supply chain challenges.

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What Lies Ahead for Procurement Innovation?

GoProcure blog

Not only do companies need to be focused on health and safety concerns, but they also will continue to face challenges like managing remote work, building supply chain resiliency and handling budget pressures.

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Supply Chain Disruptions in Schools: Challenges and Solutions

Planergy

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers).