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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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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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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Related Content: How to Assess Potential Risks to your Supply Chain. Create speed and transparency.

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Procurement on the Thames: Ivalua’s London Summer Symposium

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Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Create speed and transparency.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. The result was a year-over-year savings of more than 3%.

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

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A purpose-built solution can enforce proper governance and standards, automate master data optimization activities, identify product standardization opportunities, and automate category management for strategic sourcing in supply chain. Demand planning capabilities. Best-in-Class Beats Single-Stack.

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Supplier Diversity: From Checking the Box to Driving Business Strategy

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These programs are as familiar to procurement professionals as concepts like spend analysis or category management. This piece was a Harvard Business Review article in August 2020 that resonated with me and helped to reframe supplier diversity in terms of supply chain resilience.