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One of the most effective strategies for building resilience is integrating projectmanagement into supplychain operations. A well-managedsupplychain does not just survive crises it thrives in them. This ensures all stakeholders remain updated on project timelines and deliverables.
Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: . Learn more at www.ivalua.com.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychainresilience and continuity, reduce costs and protect the bottom line. It can help securely share information, make communication more efficient and improve projectmanagement. .
The global supplychain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supplychainresilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY.
Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supplychainresilience. This allows you to tailor your learning to your particular needs.
Supplychainresilience and innovation to quickly respond to market disruption are more critical than ever amidst ongoing regulatory changes and geopolitical tensions. If you work in supplychain then you know that as long as theyve been around, theyve traditionally been used as a way to protect domestic industries.
Collaboration Tools Various types of ProjectManagement and internal stakeholder and supplier collaboration software platforms available within this price range. Along with niche category specific procurement tools, there are also projectmanagement and internal collaboration applications in this space.
Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supplychainresilience. : Execute, Manage, and Refine the Strategy : Implementation is where the rubber meets the road. Objectives should be specific, measurable, achievable, relevant, and time-bound (SMART).
Interestingly enough (as seen in the figure below), 47% percent of respondents in the 2020 Deloitte CPO Flash Survey said they are planning to expand their overall supply base, while 25% of respondents plan to consolidate. These individuals often have the title of transformation, process or development manager.
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