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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

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Procurement and supply chain teams will play a crucial role in making this vision a reality. With streamlined processes, purchasing products and services becomes faster, cheaper, and more efficient. It empowers organizations to simplify the procurement process, enhance productivity, and reduce expenses.

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

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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. Körber at a Glance…. Körber + Ivalua.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

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The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

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

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Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

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When Covid-19 hit, supply chains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. Procurement Teams Step-up. You can download Gartner’s full report here.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

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The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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Manufacturers can off-set the effects of inflation and avoid passing on price increases to their goods and services by maximizing the efficiency and effectiveness of the procurement function. Manufacturers, take charge of your supply chain! Let’s explore further.