Remove Eprocurement Remove Product development Remove Supply chain resilience
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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

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.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Technology-Driven Models eProcurementeProcurement, or electronic procurement, uses digital technology to automate and streamline procurement processes.