Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Procurement Heads

OCTOBER 31, 2022

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.

Demand 246

Demand Supply chain Supply chain resilience Procurement 246

ivalua

MARCH 24, 2022

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).

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Let's Talk Supply Chain

FEBRUARY 27, 2025

Strategies to Mitigate the Impact of Inflation on Supply Chain Costs In the face of double-digit inflation, companies‍ in ‍the service supply chain industry need to be proactive in mitigating the impact ‍on supply chain costs.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience. What is Source-to-Pay?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

MAY 31, 2022

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.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

ivalua

FEBRUARY 27, 2023

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.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. It seems that the era of best-in-class supply chain solutions has arrived.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Lets dive into these critical issues and explore actionable strategies that help CPOs navigate the path forward.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. After catching up with colleagues and acquainting ourselves with some new faces, we dove into solution breakout sessions.

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

ivalua

JUNE 29, 2021

Government, which has been sponsoring diversity programs since 1969 on government contracts. 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. This mainstream awareness is directly attributable to the U.S.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. The past few years have been a boon for procurement, which has become increasingly strategic and critical to business.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical. Develop the supply chain.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Procurement Heads

OCTOBER 31, 2022

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.

Demand 130

Demand Supply chain Supply chain resilience Procurement 130

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Procurement Tactics

JUNE 7, 2023

The platform also helps track how well suppliers are performing, manage contracts with them, and analyze how much money is being spent on supplies. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Toyota’s defined target approach.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Jaggaer

OCTOBER 24, 2024

The result is improved business processes and the agility that makes you nimble—whatever comes. Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. Contact Sales The post CTA appeared first on Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

TYA Suite

NOVEMBER 15, 2024

This proactive approach can help identify potential issues early, allowing businesses to seek alternative suppliers or adjust their contracts accordingly. Factors such as machinery breakdowns, labor strikes, or disruptions in their own supply chains can lead to delays in delivery.

Risk management 40

Risk management Risk Suppliers Strategy 40

Procurement Insights

SEPTEMBER 30, 2024

With the DND, we created a resilient supply chain before introducing the technology. In short, supply chain resilience, in which we “maintained steady operations, protected revenue, and sustained customer trust in an increasingly volatile global environment,” wasn’t established with technology.

Supply chain resilience 52

Supply chain resilience Supply chain Procurement team Contract 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Heads

DECEMBER 15, 2022

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Integrating flexible contracts. Enhancing supply chain resilience. Integrating flexible contracts: .

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

APRIL 5, 2023

Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap.

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Procurement Insights

JANUARY 16, 2024

Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles? Like supply chain resiliency, negotiations must also have a certain fluidity to address the volatility we have experienced over the past few years.

Negotiation 52

Negotiation Supply chain resilience Contract Influencing 52

SCMDOJO

JUNE 28, 2024

Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics. Janice Marquardt Janice Marquardt has been a driving force in the supply chain sector for manufacturing and energy businesses since 2011.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

EazyStock

JANUARY 27, 2021

Even now, the global GDP for 2020 contracted by an estimated 4.3% Resiliency is now the name of the game for supply chains. Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021. Supplier Diversification.

supply chain software solutions 96

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

Una

JUNE 5, 2024

Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility? By fostering strong relationships and aligning on shared goals, you can build a more resilient and responsive network. The lesson?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52