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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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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

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

ivalua

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

ivalua

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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Forestreet: Vendor Analysis — Supplier discovery solution overview, competitors, user considerations, analyst summary

Spend Matters

Nearshoring and ally-shoring arent just buzzwords anymore; theyve shot to the top of the agenda for anyone trying to keep supply chains resilient and businesses competitive. And one way to do that is to rethink where organizations source from.

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

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Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management. Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience.