Supply Chain Game Changer

OCTOBER 8, 2020

The focus is definitely on the efficiency of operations relating to technological applications. Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

OCTOBER 3, 2024

They come primarily from a cyber perspective, from an anti-bribery and corruption (ABAC) perspective, from an ESG and a supply chain resiliency perspective and, of course, data privacy. So AI has definitely become a big topic because of the liability associated with it.

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Supply Chain Trend

MAY 17, 2022

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. Figure 1 : Demand & supply balancing decisions in an IBP cycle. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

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

Supply Chain Trend

JULY 2, 2020

Knowing this, who wants a job in supply chain planning when you just finished your degree? How can supply chain attract the best talent when all you do is tying data together? Keeping a supply chain and company strategy intact and relevant in this environment is the main challenge in this new normal.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Optimization Innovation Supply chain 78

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Procurement Insights

MAY 25, 2024

Not The Who, But Definitely The What! During those 43 years, I have come to view supply chain resilience and adaptability not as a series of technological breakthroughs but as measured by the depth of experience and expertise behind the technology. A lot has changed technology-wise during that period.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

Supply Chain Game Changer

APRIL 15, 2020

These are definitely some tools that you should have in place to keep the backbone of your purchasing data-driven & keep your suppliers’ invoices paid in full. One of the best ways to support supply chain resilience is to ensure that you’re preemptive. That means you need to know your supplier.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Jaggaer

JUNE 28, 2024

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Arkestro

OCTOBER 3, 2024

Let’s dive into the definitions and the differences between the two. For these transactions, automakers and medium-to-large auto suppliers consider production supplier scorecards, supply chain resilience, geopolitical risks, ESG (environmental, social, and governance), and much more to make purchasing decisions.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

MAY 8, 2023

Definition of Procurement Risk Procurement risk refers to the potential threats and uncertainties associated with the acquisition of goods and services that may adversely impact an organization’s objectives, such as cost-efficiency, quality, delivery timelines, and compliance. Understanding Procurement Risk A.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Supply Chain Game Changer

MARCH 18, 2021

Procurement, in the context of Porter’s modeling, has a very narrow definition as a function: ‘Responsible for the acquisition of inputs, or resources, for the firm.’ The definition of insanity is doing the same thing over and over, and expecting different results”. Experimentation. How does the saying go…?

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Claritum

JULY 23, 2018

Another challenge is that executives often view diversity in supply as simply a tick-box exercise. Seeking to show diversity with absolute minimum change or stretching the definition of diverse to include suppliers that are blatantly not from a diverse background. Diversity of supply impacts upon many aspects of a business.

Supply chain 36

Supply chain Management Supply Suppliers 36

Procurement Software

APRIL 2, 2024

This segment is definitely playing in the middle towards the upper end of the mid-market range. But you can most definitely get robust, modern, user-friendly procurement software within this price range too. Third Party Risk Management Software Resilinc Resilinc offers a comprehensive solution for enhancing supply chain resiliency.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Quality Metrics Definition and Examples – Quality metrics evaluate the quality of goods and services procured.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Supply Chain Action Blog

JUNE 29, 2016

You may still want to engage experienced and talented consultants to assist you in this process from time to time, but the need for continuous evaluation and evolution of your value network means that delegating the process entirely to other parties will definitely cost you money and market share. . Competence Requires Capability.

Networking 40

Networking Supply Chain Optimization supply chain software solutions Supply chain 40

Empowering CPO

JUNE 14, 2023

Definition and Purpose of Procurement Procurement is a multi-faceted function that goes beyond the simple acquisition of goods and services. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

HICX

FEBRUARY 9, 2023

In a series of interviews that took place during the World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought leaders and experts from the Procurement and Supply Chain industries on their opinions on Supplier Experience Management (SXM) and the future of Procurement.

Suppliers 52

Suppliers Management Supply chain resilience Supply chain 52