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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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Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

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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.

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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

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Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture.

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Navigating Tariff Turmoil with Data-Driven Supplier Relationship Management – Institute for Supply Management News

Let's Talk Supply Chain

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.