Remove Risk Remove Suppliers Remove Supply chain resilience
article thumbnail

Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations

Skill Dynamics

Global markets are facing significant uncertainty and negativity, with instability and continued risk expected to impact businesses for the next decade, according to the World Economic Forum. A resilient supply chain has the ability to mitigate key risks and help maintain operations when faced with unforeseen circumstances.

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Create speed and transparency.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

Suppliers 246
article thumbnail

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

article thumbnail

New Supplier Relationship Management Certificate  

All Things Supply Chain

The Association for Supply Chain Management (ASCM) has launched a new supplier Relationship Management certificate designed to help supply chain professionalsbuild strong supplier relationships. Strong supplier relationships help mitigate risk

article thumbnail

Procurement transformation 2025: Why invest in procuretech and how to make the case – Prewave

Spend Matters

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. On an environmental level, progress toward targets needs to be measurable: not just at the customers company, but across their entire supply chain.

article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.