All Things Supply Chain

JUNE 1, 2020

Higher reliability, improved performance, and reduced costs: the expected benefits of automation have made it one of the most important industrial trends. Automation in production is so widespread now that…

Logistics 291

Logistics Risk Import 291

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Paraguay Import and Export Statistics Paraguay’s import and export activities open a positive outlook in 2023. Additionally, the country’s imports decreased by $320,100. and $1552166.00

Export 170

Export Import Negotiation Sustainability 170

Procurement Tactics

JUNE 1, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Vietnam Import and Export Statistics Vietnam’s import and export activities opened with a $58.49 Vietnam is an export-oriented country and these are its import and export activities according to the Trading Docket website: 6. billion 9.

Export 178

Export Import Sustainability Negotiation 178

Spend Matters

JANUARY 7, 2025

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. However, the cost avoidance from mitigating ESG-related supply chain risks, such as regulatory fines or disruptions, is equally important.

supply chain software solutions 114

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 114

Procurement Templates

NOVEMBER 21, 2024

Stay Updated on Regulations: Regularly review trade agreements, import/export rules, and labor laws. Audit Supply Chains: Identify and address environmental and social risks in the supply chain. Monitor Continuously: Use procurement dashboards to track risk indicators. Resources: Risk management certifications (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Supply Chain Risk Management (SCRM) complements this by systematically identifying and mitigating supplier risks, such as financial instability, geographic vulnerabilities and inconsistencies in supplier operations.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

Supply Chain Brain

APRIL 21, 2024

Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.

Import 145

Import Risk 145

Spend Matters

NOVEMBER 7, 2024

What is Halo Ai HaloAi is a third-party risk management (TPRM) solution that aims to be a one-stop shop for third-party risk so that organizations do not need multiple point solutions. Halo Ai uses AI models to connect, correlate and contextualize real-time data points to bring customers the full risk story.

Risk management 111

Risk management Risk Suppliers Vendor management 111

Spend Matters

OCTOBER 16, 2024

Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. What causes financial risk?

Risk 114

Risk Risk management Suppliers Raw materials 114

Spend Matters

OCTOBER 2, 2024

The interconnected nature of business networks, their systems and their data leaves suppliers and the primary organization open to threats and attacks that broadly fall under the category of supply chain cyber risk. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here.

Risk 111

Risk supply chain software solutions Supply chain Risk management 111

Skill Dynamics

DECEMBER 18, 2024

Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Understanding Procurement Fraud Risks Procurement fraud can occur in a number of different ways, each with its own set of significant implications for organizations. Lets take a look.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Pipefy

MARCH 25, 2025

This is why AI for risk management is one of the most powerful tools banks and fintechs can rely on to detect and prevent fraud in an automated way. But how is AI revolutionizing fraud risk management in the credit sector, and how can BPM and BPA optimize this process? What is the Role of BPA in Fraud Prevention?

Risk management 52

Risk management Risk Management Data 52

Spend Matters

SEPTEMBER 26, 2024

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM).

Risk management 117

Risk management Risk Management Procurement 117

Spend Matters

OCTOBER 23, 2024

The most high-profile risk events come from wars and revolutions, but even the less obvious ones, such as social unrest, political demonstrations and activism, can cause serious consequences for businesses and have major knock-on effects for customers. The disruption may also be caused by supplier issues further down the supply chain.

Risk 111

Risk Buyers Supply chain Suppliers 111

Procurement Leaders

JANUARY 27, 2023

In this interview, Snow talks to Procurement Leaders’ chief product officer David Rae about his approach to risk, the company’s evolving geographic footprint and how he prepares his team to deal with the ongoing polycrisis. So, we need to understand how we can mitigate them and the strategies we can employ in that mitigation.”

Risk 162

Risk Supply Chain Efficiency Management Supply chain 162

Procurement Templates

DECEMBER 11, 2024

Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. When committing an organisations spend, we are facing risks from all angles, consider whether if its a risk or an issue and how these can be mitigated early.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

MAY 23, 2024

There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. There’s simply too much complexity and risk to remain reactive.

Risk 120

Risk Supply chain Risk management Supply 120

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.

Risk management 40

Risk management Risk Suppliers Strategy 40

Spend Matters

MARCH 27, 2025

Too often, she told us, while these transformations are led by technically proficient teams, they underestimate the importance of properly defining the project from a business perspective from the outset. So before drafting your specifications, its important to ask yourself: will this IT system truly improve and simplify users daily work?

Change management 112

Change management Data Import Project management 112

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Procurement Leaders

MARCH 17, 2025

This time, a 200% tax on French wine and Champagne is being threatened as a backlash against EU plans to impose significant levies on the importation of American whiskey. There’s just as much risk that this will expand out, but the sources of supply aren’t [sufficient] from a local basis for a lot of that, the CPO continued.

Demand 130

Demand Sourcing Import Supply chain 130

Supply Chain Brain

FEBRUARY 17, 2025

To avoid or minimize the damage that supply chain disruptions can cause, its important for companies to assess potential risks and develop a plan to manage them.

Risk 98

Risk Supply chain Supply Import 98

Procurement Insights

FEBRUARY 14, 2025

Supply chain risk management is proactive and data-driven. The Future: Procurement as a Living Network Liquid networks are pushing procurement towards real-time, AI-driven, and automated ecosystems where: Supplier discovery is instant and dynamic. Procurement workflows are automated using AI & smart contracts.

Networking 59

Networking Import Procurement Buyers 59

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Why is visibility so important? Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

SCMDOJO

JANUARY 9, 2025

It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. The recent semiconductor shortage highlighted the importance of sourcing diversification. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Tactics

MARCH 16, 2023

Additionally, we will talk about the importance and how you can implement strategic procurement. When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Leaders

NOVEMBER 25, 2024

At the same time, he sought to instil common values and behaviours in his new team: a willingness to take risks, a collaborative mindset, being prepared to accept accountability and a pioneering mindset are among the traits he looks for in talent. The third secret – and a vital one – was to embrace an “all or nothing” mentality.

Leadership 130

Leadership Procurement Collaboration Price 130

Supply Chain Dive

AUGUST 22, 2024

An increase and early spike in imports such as toys, electronics and clothing was seen at the Port of Los Angeles, according to Executive Director Gene Seroka.

Risk 124

Risk Import 124

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2. and sustainability.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Procurement Tactics

APRIL 6, 2023

We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. Importance of Sustainable Supply Chain The nature of the supply chain involves energy-intensive production and transportation as goods are made and moved around the world. However, how do you do it? How can it be improved?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Leaders

DECEMBER 2, 2024

What’s not said is often more important than what is.” In the presentation, Tom and Naoki-san spent a significant amount of time sharing the progress they had made on procurement’s transformation – a programme structured around the seven ‘Ps’: people; processes; platforms; partnerships; planet; performance; and, most importantly, purpose.

Innovation 130

Innovation Procurement Suppliers Import 130

Procurement Leaders

MAY 7, 2024

In a complex, risk-riddled world, such visibility is crucial and can bring meaningful competitive advantage. Not surprisingly – and probably as a result – it’s an important focus point for investment. The reality, however, is that we’ve an awful long way to go. The remainder said they had poor visibility.

Strategic planning 236

Strategic planning Suppliers Supply chain Quality 236

Procurement Heads

OCTOBER 26, 2022

The environment, with high inflation, economic uncertainty, and difficult times – it is important to focus on resilience in the supply chain, mitigating cost increases and managing risk and compliance. It’s really important to get the balance right between selling yourself and not talking too much.

Supply Chain Efficiency 246

Supply Chain Efficiency Supply chain Sustainability Suppliers 246

Procurement Heads

FEBRUARY 15, 2023

An agency can handle all aspects of the recruitment process, from sourcing and screening candidates to negotiating salaries and contracts, freeing up your time and resources to focus on other important tasks. Reduced risk Working with a recruitment agency can help reduce the risk associated with hiring.

Procurement 246

Procurement Networking Risk Negotiation 246

Procurement Tactics

JUNE 6, 2023

However, how important is it in the supply chain? We will tell you its importance in the supply chain and how the blockage severely impacts the supply chain. Once you are done reading this article, you will know how important the Suez Canal is in international trade. In this article, we will discuss what the Suez Canal is.

Supply chain 204

Supply chain Supply Negotiation Import 204

Spend Matters

MARCH 25, 2025

Legal teams emphasize regulatory compliance, contract enforcement and risk mitigation. One of the most effective ways to achieve this is by using data-driven storytelling to showcase procurements role in cost savings, efficiency gains and risk management. IT departments prioritize system integration, security and usability.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. They aim to leverage the situation for benefit rather than viewing it solely as a risk.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79