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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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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

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Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Rise in demand for interim professionals

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Also, across broader manufacturing and private sector environments, there’s a lot of target operating model change, and people are looking at supply chain resilience. The sector is seeing the knock-on effect of Boris Johnson announcing a significant investment into defence in the last six to nine months.

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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

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Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).

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Friends not Foes, Supplier Relationships Made to Last

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Throughout the supplier’s lifecycle (tender, contract, goods receiving, annual review etc.), How to Achieve Supply Chain Resilience and Agility post Covid-19. It’s not just a few disparate tools that don’t work together–it’s an integrated software suite that lets you do it all.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.