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

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264
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5 Ways Predictive Procurement Is Transforming High-Tech Manufacturing

Arkestro

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. In fact, 74% of ERP implementations go Over Budget and they take longer to roll out. Best-in-Class Beats Single-Stack.

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Best Practices & Strategies for Supplier Risk Management

TYA Suite

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Let’s explore further.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. The Best Way Forward for 2022.

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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.