Procurement Templates
DECEMBER 11, 2024
Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations. Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Explore alternative sourcing models , such as consortium buying or global sourcing hubs.
Zycus Cognitive Procurement
DECEMBER 9, 2020
The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The supply disruption triggered in China sent shock waves all around and shut down the global economy. The increased complexity of supply chains and global nature has expanded the scope of supply chain risk management.
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ivalua
MAY 8, 2019
Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.
Supply Chain Opz
MARCH 21, 2014
As a result, issues in global supply chain management such as international trade, international transportation, global sourcing , regulatory compliance, risk management , humanitarian and sustainability won''t go away any time soon. Global supply chain environment is dynamic and many issues changes quickly.
ivalua
JUNE 2, 2016
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.
Spend Matters
JULY 24, 2023
It’s also unsurprising to see that under the current risk environment, 80% of CPOs cite Enhancing Risk Management as a business priority, shooting ‘supply risk analytics’ up the priority agenda, from 35% in 2021 to 51% today. Category management is the core engine for scaling processes.
NLPA (Next Level Purchasing Association)
DECEMBER 11, 2024
Thinking Globally to Stay Ahead of the Competition In an interconnected world, procurement teams cant afford to think small. Global sourcing remained a critical part of procurement strategies in 2024, allowing teams to reduce risks and seize new opportunities. Thats where the right preparation can make all the difference.
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