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

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 Supply chain resilience 130

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 103

Risk management Risk Suppliers Management 103

ivalua

JUNE 4, 2020

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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

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 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

IBM Supply Chain Blog

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1.

Supply chain resilience 67

Supply chain resilience Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 67

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

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

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

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 88

Risk Risk management Supply Chain Efficiency supply chain software solutions 88

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

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

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

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

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 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 97

Supply chain resilience Supply chain Risk Sustainability 97

HICX

SEPTEMBER 19, 2023

For example, if the supply chain is to be cost-efficient, then we must identify cost-cutting opportunities; if it is to remain compliant, then we must address supplier activities that pose risks. However, beneath every resilience factor, exists a common denominator. It’s all about visibility.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 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

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 87

Supply chain resilience Supply chain Supply Risk 87

Strategic Sourceror

JULY 24, 2022

"The bad news is that this looks to be occurring on the back of a slowing in the global consumer's demand for goods, especially discretionary goods, and thus may also signal rising recession risks."

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Spend Matters

JANUARY 29, 2024

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. The integration of the riskmethods application is a work in progress. GHG, human rights and PFAS).

Supply Chain Efficiency 88

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 88

Spend Matters

SEPTEMBER 19, 2023

In September 2017, Hurricane Maria battered the Caribbean Island of Puerto Rico, knocking out the main production facility of Baxter International, which supplies 41% of the saline solution used in the United States, leading to widespread shortages in hospitals across the country.

Supply chain 105

Supply chain Supply chain resilience Supply Risk 105

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 87

Supply chain resilience Supply chain Risk management Supply 87

The Network Effect

SEPTEMBER 13, 2017

The post Research Into Supply Chain Resilience appeared first on The Network Effect. I am sharing this research survey on behalf of Dr. David Nowicki of The Center for Logistics Education and Research.

Supply chain resilience 41

Supply chain resilience Supply chain Supply Logistics 41

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.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

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

Supply Chain Brain

AUGUST 15, 2022

Supply chain resiliency is the ability of an organization to avoid, absorb and recover from the business impact of disruptions through a risk-balanced approach to product, supply chain strategy and network design.

Supply chain 113

Supply chain Supply chain resilience Productive Supply Chain Supply 113

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

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

Supply Chain Brain

SEPTEMBER 10, 2020

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

Supply chain resilience 81

Supply chain resilience Supply chain Supply Risk 81

Spotlight on Procurement

JUNE 18, 2024

Ninian Wilson, Global Supply Chain Director & CEO Vodafone Procurement Co Sarl, discusses the challenges surrounding supply chain management, particularly focusing on geopolitical risks and supply chain resilience.

Supply chain management 40

Supply chain management Supply chain management Supply chain Supply chain resilience 40

SCMDOJO

JUNE 14, 2024

Inventory Management: Learn best practices for optimizing inventory levels to minimize costs, improve efficiency, and ensure product availability with this supply chain training track. Supply Chain Resilience: Learn how to design and manage a supply chain that can withstand disruptions and adapt to changing circumstances.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 105

ivalua

MARCH 24, 2022

Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P). Learn more at www.ivalua.com.

Suppliers 130

Suppliers Management Supply Chain Efficiency Supply chain resilience 130

Planergy

JANUARY 26, 2023

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52