Remove Influencing Remove Procurement strategies Remove Supply chain resilience
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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021. Procurement has a big role to play here. Next Steps.

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5 Questions All Procurement Professionals Must Answer To Succeed In 2024

Procurement Insights

For the next issue of our magazine , which will be out by the first half of December, we drafted some questions for Jon Hansen , Strategic Advisor from Procurement Insights. What do supply chain resilience and adaptability really mean?

professionals

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making. Advances in AI, automation, and other emerging technologies are helping manufacturing procurement teams further increase their sphere of influence, allowing them to do more with less.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

They act as a navigational tool, guiding the procurement team towards the achievement of their strategic objectives. Understanding and implementing the right procurement metrics and KPIs can be the difference between a successful procurement strategy and one that falls short of its potential.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Digital tools enable real-time insights and scenario modeling, enabling procurement teams to make data-driven decisions swiftly. By embracing digital tools and technologies for efficient spend analysis, organizations can unlock significant value, optimize procurement strategies, and drive sustainable growth in today’s digital age.

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Reshoring vs Nearshoring: Key Differences and Business Benefits

Planergy

Improved Quality Control and Assurance Physical proximity to production facilities influences error rate and consistency. Lets look at a comparison of business benefits: Cost Efficiency: Savings on shipping and reduced supply chain risk can help offset the higher labor expenses associated with reshoring.