ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important? Create speed and transparency.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Brain

APRIL 19, 2022

Supply chain professionals have never had more tools at their disposal, nor a more prominent stage to engage with their corporate leadership teams on risk mitigation and business continuity planning.

Supply chain resilience 131

Supply chain resilience Supply chain Leadership Supply 131

ivalua

JUNE 17, 2022

Taking Steps to Increase Resiliency. Procurement leaders are under increased pressure to improve supply chain resilience. In this regard, monitoring supplier performance, compliance, and the flow of materials from the lowest tier of supply to the end consumer is key to promoting end-to-end visibility.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk e2e 130

ivalua

JULY 8, 2020

This is where Source-to-Pay (S2P) technology can help, by enabling procurement teams to capture important information across the entire supply chain so they can identify potential issues early, initiate collaboration with the necessary parties and take action to support suppliers and mitigate potential issues. . Financial, etc.).

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Supply Chain Brain

AUGUST 25, 2022

To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.

Supply chain resilience 144

Supply chain resilience Data Supply chain Management 144

Supply Chain Brain

MAY 29, 2024

With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.

Supply chain resilience 126

Supply chain resilience Supply chain Supply Risk 126

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

The Network Effect

SEPTEMBER 24, 2024

The post Ensuring Supply Chain Resilience Through Enhanced Visibility appeared first on The Network Effect.

Supply chain resilience 82

Supply chain resilience Supply chain Supply Networking 82

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Spend Matters

FEBRUARY 12, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. First and foremost, it helps organizations identify and mitigate potential disruptions in their supply chain.

Risk management 111

Risk management Risk Suppliers Management 111

SCMDOJO

JANUARY 9, 2025

It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

ivalua

FEBRUARY 10, 2023

They should do this by regularly tracking changes in the economy and taking proactive steps to mitigate any potential risks associated with inflation. By tracking changes in the economy and taking steps to mitigate potential risks, they can ensure that their operations are sustainable in the long term.

Price 264

Price Strategy Sourcing Real-time Visibility 264

SCMDOJO

FEBRUARY 16, 2025

Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Helps businesses drive cost savings and mitigate procurement risks.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

Spend Matters

DECEMBER 30, 2024

What urgent trends will inform 2025 While points listed above are some of the primary drivers, some of the macro trends we see driving the urgency for ProcureTech are as follows: Sourcing disruptions and supply chain resilience Regulatory requirements for transparency and traceability Climate change and the Big Shift The Efficient Revolution: AI, Automation (..)

Supply Chain Efficiency 111

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 111

Supply Chain Brain

DECEMBER 3, 2020

Kris Timmermans, senior managing director and global lead for supply chain operations with Accenture, and David Simchi-Levi, professor of engineering systems at MIT, discuss their joint effort in creating a stress test for assessing the risks to supply chains of major disruptions.

Supply chain resilience 103

Supply chain resilience Supply chain Supply Risk 103

Supply Chain Brain

DECEMBER 29, 2024

Conventional metrics, like cost and annual spend, have historically guided supplier performance evaluations, but they miss the true operational risks posed by potential disruptions.

Supply chain resilience 98

Supply chain resilience Supply chain Management Risk 98

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Supply Chain Resilience vs Low-Cost Supply Chain.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

ivalua

JUNE 26, 2023

With streamlined category management, reliable data, optimization of strategic sourcing, standardization of processes, supplier compliance, and risk mitigation, procurement professionals can create a more sustainable and profitable procurement environment.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

Risk management 40

Risk management Risk Suppliers Strategy 40

SCMDOJO

FEBRUARY 15, 2025

Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions. A well-managed supply chain does not just survive crises it thrives in them.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Supply Chain Brain

MARCH 4, 2021

Supply chain failures continue to make news. What can third-party risk-management programs do to ensure that their vendors are resilient to continuing change?

Supply chain resilience 99

Supply chain resilience Supply chain Risk management Supply 99

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Supply Chain Brain

SEPTEMBER 10, 2020

The single greatest risk from supply chains is getting caught off guard.

Supply chain resilience 86

Supply chain resilience Supply chain Supply Risk 86

Supply Chain Brain

MAY 17, 2022

Let’s take a closer look at how companies can balance risk management and supply chain resilience — and what technology and transparency bring to the table.

Risk management 81

Risk management Risk Supply chain resilience Supply Chain Efficiency 81

Supply Chain Game Changer

JUNE 2, 2021

Subscribe to Supply Chain Game Changer. Resilience is the New Critical Supply Chain Strategy! Supply Chain resilience article and permission to publish here provided by James Liang from Power RFP. Our world lives in a hyper-global supply chain environment. Supply Chain Resilience.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

ivalua

MAY 31, 2022

This crucial data will give your team the tools to enact effective collaboration on critical issues–such as risk mitigation, performance improvement, corrective actions and innovation programs. How to Achieve Supply Chain Resilience and Agility post Covid-19.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Supply Chain Brain

AUGUST 14, 2023

Is your organization ready to become a supply chain resiliency leader? Read on to find more on how to do it, and what benefits you can expect!

Supply chain resilience 98

Supply chain resilience Supply chain Risk Strategy 98

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Wendy Tate, professor of supply chain management at the University of Tennessee, and coeditor-in-chief of the Journal of Purchasing and Supply Chain Management said it well , “Eliminating waste is good, but inventory isn’t necessarily the same as waste. Take out too much inventory, and you add risk.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Brain

DECEMBER 30, 2022

In 2020 several disruptive events shifted strategic supply chain priorities. An end-to-end approach for supply chain resiliency is imperative to tackle future industry challenges and disruptive events.

Supply chain resilience 52

Supply chain resilience Risk management Supply chain Risk 52

Jaggaer

MARCH 2, 2020

Research reveals a rise in disruptive incidents deep in the supply chain. The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) provides some fascinating insights. Supplier Risk.

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

SCMDOJO

MAY 2, 2024

Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! Importance of Supply Chain Resilience Resilient supply chains are better equipped to absorb shocks, respond swiftly to disruptions, and recover more efficiently.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

Arkestro

DECEMBER 26, 2024

To get ahead of risks, procurement leaders are expected to put heavier reliance on advanced AI-driven analytics to better analyze supplier data, market trends, regulatory and compliance requirements, and internal processes. To mitigate these risks, procurement leaders will need to embrace new, predictive , and prescriptive technologies.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

Risk management 96

Risk management supply chain software solutions Risk Management 96

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!

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 93

Let's Talk Supply Chain

FEBRUARY 27, 2025

Diversification: Diversify your supplier base to spread risk and take advantage of different pricing structures. One key aspect of navigating this inflationary surroundings is leveraging technology to enhance supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52