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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions

SCMDOJO

Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages. Conduct a Supply Market Analysis: Use PESTEL and SWOT frameworks. Natural Disasters & Pandemics: Earthquakes, hurricanes, and health crises causing production halts.

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The Big Interview with Jo Meehan

Procurement Heads

Procurement doesn’t just buy from supply markets, procurement shapes markets. It could go a number of ways, I think the dominant way in which it is going at the moment is supply market concentration, which is concerning. What are the motivations of your students to go into supply chain and procurement?

professionals

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Should procurement teams aim for full maturity in all categories? Big bang or steady state? 

Procurement Leaders

Second, commodified indirects, such as IT, travel and logistics. These are categories that cover markets that offer uniform goods or services that can be rolled out relatively easily. The business quickly sees the savings and little engagement with complex supply markets is required.

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Thought leader: How to get early supplier involvement right

Procurement Leaders

Early supplier involvement is a term that has evolved since the 1990s, when the world discovered that Japanese automotive OEMs such as Toyota and Honda outperformed their competitors in terms of design quality and time-to-market.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3.

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High Prices and Low Availability Plague the Electrical Supply Chain!

Supply Chain Game Changer

The electrical supplies markets, with their global dependencies, were hit hard. As a contractor, you will need innovative strategies to navigate the resulting supply chain challenges. The market for electrical supplies, with its dependence on global supplier networks, felt new shocks. Overall outlook.

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SAP Spend Connect – See the bigger picture

Spend Matters

Beroe for supply market intelligence) that’s woven into the solutions to enhance better decision making. Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting.