ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

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supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. .

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SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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SCMDOJO

JUNE 14, 2024

Paul Denneman , a Master APICS® Instructor with over 20 years of experience, and Maryna Trepova , a renowned procurement expert, are just a few of the instructors leading the way. Actionable Skills for Real-World Impact: Go beyond theory and gain the practical skills you need to make a tangible difference. No problem!

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SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 73

Procurement Insights

JANUARY 3, 2025

It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.

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ivalua

APRIL 27, 2023

The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. She also explained how Ivalua was instrumental in making that happen.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. She also explained how Ivalua was instrumental in making that happen.

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Arkestro

JANUARY 9, 2024

Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. Sustainable bidding.

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. What Are the Biggest Procurement Challenges in Health and Pharma?

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SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. They can avoid bottlenecks and inventory shortages. Inventory Optimization As we’ve already stated, an optimized inventory is crucial to balancing costs and keeping customers satisfied.

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Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. Done Right, Going Digital Enables Procurement to Be Strategic to the Business.

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IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

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Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays.

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World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

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Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

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Jaggaer

OCTOBER 24, 2024

The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. Supply chain collaboration: a broader perspective Supply chain collaboration goes beyond linear relationships within a traditional supply chain.

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HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. In his words, “If we don’t have visibility of it, we don’t know where to go at it.”

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Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible.

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EazyStock

SEPTEMBER 14, 2022

In this post, we’re going to focus on WMS and how they can help improve supply chain resilience. They help oversee the receiving and storing of stock items, inventory management, stock counts, order allocation, picking, packing, scanning, shipping and resource management. Supply chain execution software modules.

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Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

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NLPA (Next Level Purchasing Association)

NOVEMBER 22, 2024

Tracking Every Shipment in Real Time : Lost shipments? Step 3: Build a Supply Chain That Can Take a Hit The real goal isn’t just surviving disruptions—it’s being ready to bounce back stronger. The time to prepare isn’t tomorrow—it’s today. No more overstocking—or worse, running out.

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Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

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World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Plan The planning phase focuses on forecasting demand to determine what products are needed, the quantities required, and timing of orders. Accurate demand forecasts enable effective supply chain planning. It improves product availability and order fulfillment rates.

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Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. The procurement team must always evaluate environmental risks created by contractors and suppliers. Project Organization Risk Also considered a planning risk, this occurs because you don’t have the right staff or tools in the right place at the correct time.

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