ivalua

JANUARY 8, 2023

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. The new set of regulations add an additional layer of compliance and risk management to the procurement process.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Let's Talk Supply Chain

MARCH 2, 2025

In a whirlwind of developments in the world‍ of supply chain management, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute ‍for Supply Management has also made waves with their latest updates.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead. from artificial intelligence to sustainability, behold a glimpse into what’s in‍ store for the dynamic world of supply chain management in the year 2025.

Supply Chain Efficiency 52

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

Arkestro

AUGUST 27, 2024

As artificial intelligence (AI) continues to transform supply chain operations, it’s crucial for managers to understand not only the potential benefits but also the ethical implications and risks associated with adopting these powerful tools.

Ethics 74

Ethics Supply chain Risk Management 74

IBM Supply Chain Blog

APRIL 22, 2024

. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics Board member. Therefore, it is critical to design and manage systems sustainably.

Ethics 88

Ethics Sustainability Data Suppliers 88

IBM Supply Chain Blog

DECEMBER 4, 2023

“Organizations are responsible for ensuring that AI projects they develop, deploy or use do not have negative ethical consequences,” as per Gartner. Yet while 79% of executives say AI ethics is important to their enterprise-wide AI approach , less than 25% have operationalized ethics governance principles.

Ethics 74

Ethics Risk Networking Risk management 74

SCMR (Supply Chain Management Review)

MARCH 1, 2024

Procurement processes must now consider ethical sourcing as a key element, and one that can significantly harm the organization if not followed.

Ethics 89

Ethics Procurement Sourcing 89

IBM Supply Chain Blog

MARCH 27, 2024

Many have been doing this by leading the charge on responsible AI innovation, centered on ethics and transparency, throughout their entire careers. The post The “hidden figures” of AI: Women shaping a new era of ethical innovation appeared first on IBM Blog.

Ethics 88

Ethics Innovation Leadership Import 88

ivalua

JULY 12, 2021

The opportunity is around being able to leverage these regional initiatives and organizations to improve the corporation’s overall image, community engagement, and ethical spending as well as strengthening their global supply chain. This will place a strain on diversity and supplier management teams within these organizations. .

Suppliers 246

Suppliers Ethics Supply Chain Efficiency Sourcing 246

Skill Dynamics

DECEMBER 18, 2024

Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Effective Strategies for Managing Procurement Fraud Regular audits and continuous monitoring play a vital role in identifying procurement fraud. Lets take a look.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Procurement Tactics

NOVEMBER 21, 2022

Corporate social responsibility (CSR) is the continuing commitment by businesses to behave ethically and contribute to the development of the economy all while enhancing the quality of life of its workforce and their families as well as the surrounding community. . Starbucks’ commitment to ethical sourcing. But what is it? .

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

Procurement Tactics

NOVEMBER 24, 2022

Responsible sourcing or ethical sourcing is an approach to sourcing and supply chain done by companies to consciously source and procure products or services for their operations in sustainable and ethical ways. You can think of sustainable sourcing as the cousin of ethical sourcing. Key Drivers of Sourcing Responsibly.

Sourcing 193

Sourcing Ethics Sustainability Supply chain 193

Supply Chain Dive

JULY 10, 2024

A look at the ethical considerations of artificial intelligence technology in procurement, and the importance of investing in it.

Ethics 124

Ethics Data Suppliers Management 124

ivalua

JANUARY 13, 2023

This demonstrates that businesses increasingly recognize diversity as a global issue and these programs provide an “ethical” mechanism to connect with customers through community engagement. However, the ethical justification is no longer the totality of the value proposition as leaders now see the overall value for their business. .

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Procurement Tactics

NOVEMBER 23, 2022

Corporate social responsibility (CSR) is the commitment of businesses to behave ethically and contribute to the development of the economy all while improving the quality of life of their workforce and their surrounding community. . Corporate Social Responsibility – What is it? What is Sustainability in Procurement?

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Risk Management : Outsourcing exposes companies to risks such as supply chain interruptions, price fluctuations, or geopolitical issues. What is a Make vs Buy Analysis?

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

ivalua

APRIL 8, 2020

On the other hand, let us not forget a wise piece of advice from Procurement Management expert, Natacha Trehan , in her keynote last year at Ivalua NOW – every customer wants to collaborate with the best suppliers, which means that, eventually, the supplier chooses who they want to work with. At Urgo, they do. Let’s get started!

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Procurement Insights

JANUARY 3, 2025

Key metrics were tied to cost reduction and spend under management. 20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management.

Agile and Lean Supply Chain 52

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

ivalua

MAY 18, 2022

Effectively managing suppliers is now one of the most important factors in organizational success. Business leaders must adopt a new, holistic approach to supplier management. Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

JULY 28, 2020

Covid-19 amplifies the need for SRPM solutions to better manage suppliers. London, UK – July 28, 2020 – Ivalua, a global leader in cloud Spend Management solutions, today announced that it has been recognized as a Leader by Forrester Research Inc. Recent events have amplified the need.”.

Risk 26

Risk Suppliers Management Ethics 26

ivalua

SEPTEMBER 19, 2022

Rather than disrupt supply, let’s disrupt supplier management. A smarter approach to supplier management requires several changes. . To properly assess risk, reduce carbon emissions and avoid ethics violations, leaders must map and assess the multi-tier supply chain. Manage Risk, Create a Competitive Advantage.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Let's Talk Supply Chain

FEBRUARY 20, 2025

The ‍company’s commitment to efficiency and operational excellence will play a crucial role in managing tariff-related uncertainties,‍ ensuring sustainable growth and profitability in the long run. Through continuous analysis and proactive measures, GM is confident in its ability to adapt to changing trade dynamics.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply Chain Optimization 98

Let's Talk Supply Chain

MARCH 6, 2025

In ‍a rapidly evolving landscape where precision and efficiency are paramount, the realm of supply chain management is on the cusp of a groundbreaking change. leveraging advanced algorithms and predictive analytics, organizations can optimize inventory management, streamline logistics, and mitigate disruptions.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ultimately mutually beneficial relationships. Ivalua Supplier Risk and Performance Management Checklist.

Risk 130

Risk Suppliers Management Supply Chain Efficiency 130

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

Risk management 40

Risk management Risk Suppliers Strategy 40

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Its also vital that you effectively manage supplier contracts to reduce risk and maximize supplier value.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Planergy

MARCH 19, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Effective supplier management is essential for educational institutions. What is Supplier Management? What's PLANERGY? Never make decisions based on price alone.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

MAY 4, 2023

It is responsible for managing the procurement process and monitoring expenditures throughout the whole project lifecycle. This may include evaluating the supplier’s sustainability policies, adherence to labor standards, ethical business practices, and how they create their products.

Procurement team 216

Procurement team Sustainability Procurement Negotiation 216

Procurement Tactics

APRIL 25, 2023

However, it is important to work on the procurement policies with the managers and executives of the company to ensure their applicability of it to the business. Fair Operating Practices in Sustainable Procurement Fair operating practices refer to dealing ethically with other organizations, partners, suppliers, and customers.

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

ivalua

JUNE 29, 2021

These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Global governments and businesses are now recognizing diversity programs as an effective “ethical” mechanism to increase community engagement and correct systemic issues or historic inequality.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

TYA Suite

APRIL 13, 2025

AProcurement Management Systemis like a smart assistant for businesses. It helps organizations plan, track, and manage everything involved in purchasing goods or servicesfrom ordering office chairs to sourcing raw materials. What Is a Procurement Management System? How Does a Procurement Management System Work?

Management 40

Management Procurement Real-time Visibility Budget 40

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement strategies 240

Procurement strategies Sustainability Strategy e2e 240

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Procurement Insights

APRIL 14, 2025

Enhanced Decision-Making Hansen’s model integrates sophisticated real-time data analysis capabilities, offering procurement teams actionable insights into supplier performance, risk factors, and cost management opportunities. Challenges and Ethical Considerations 1.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

SCMDOJO

OCTOBER 30, 2024

This blog explores how MTSS platforms can be strategically utilized to build the competencies necessary for success in supply chain management. For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130