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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Create speed and transparency.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction. Purchasing's value-add is more limited.

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Onventis makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists

Spend Matters

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Enhancing supply chain resilience: . Integrating flexible contracts. Focusing on customer centricity.

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Resilience is the New Critical Supply Chain Strategy!

Supply Chain Game Changer

For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. appeared first on Supply Chain Game Changer™.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. The relationship between buyers and suppliers remains at the forefront of the procurement process. Managing risk.

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The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups. Above all, LinkedIn Groups focused around procurement & sourcing keep you in large networks, amongst your peers. Source: Paua Ventures. What do you have to lose?