Remove Buyers Remove Price Remove Supply Chain Visibility
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How much supply chain visibility is too much visibility?

Procurement Insights

How does it impact the “savings passed on across the supply chain, resulting in higher or lower product costs for consumers?” So, how much supply chain visibility is “too much visibility” in relation to what happens at some unseen point down the chain?

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The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

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What is Contract Lifecycle Management (CLM)?

ivalua

Contract management software can help to improve contracting efficiency, enable better supply chain visibility and management of obligations, improve contract compliance and help to reduce exposure to risk. . If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier.

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

Jaggaer

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility.

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The New Look on Industrial Buying

The Good Spending

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. Straight Rebuy The buyer routinely reorders a product with no modifications.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.