This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Sourcing Strategy Supply chain resilience 
Skill Dynamics
JANUARY 7, 2025
Mastering resilience enables businesses to uphold efficiency, reduce costs, and improve overall performance even when dealing with disruptions. This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation.
ivalua
FEBRUARY 10, 2023
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
264 This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ivalua
FEBRUARY 8, 2023
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.
SCMDOJO
JANUARY 9, 2025
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. Click here!
ProcurePort
OCTOBER 6, 2021
For a long while, businesses have sought to minimize their fixed costs in sourcing. The post Supply Chain Resilience Strategy: Everything You Need to Know appeared first on ProcurePort Blog. The search for efficiency led to […].
Spend Matters
DECEMBER 11, 2024
Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.
ivalua
NOVEMBER 26, 2020
Supply Chain Strategies: What the Pandemic Has Taught Us So Far? At the start of the pandemic, many voices were calling for the shortening of supply chains and an equal number calling for the reshoring of products. Supply Chain Resilience vs Low-Cost Supply Chain.
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. There are many supply chain management lessons to learn from the Covid-19 crisis.
Jaggaer
FEBRUARY 5, 2025
Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.
ivalua
JUNE 1, 2022
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. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.
Let's Talk Supply Chain
FEBRUARY 20, 2025
Heading 2: Leveraging Supply Chain Resilience for tariff Adaptation General Motors (GM) has announced its confidence in its ability to navigate and mitigate the challenges posed by tariffs through strategic supply chain resilience.
ivalua
MAY 30, 2023
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Sourcing locally is not just beneficial for individual businesses but the entire local economy.
49 
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.
ivalua
JULY 8, 2020
Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis. These challenges in the direct material supply chain pose a real threat, especially in a time of crisis.
Let's Talk Supply Chain
MARCH 5, 2025
Join us as we delve into the world of GTF2025, where resilience meets innovation, and the sky is no longer the limit. Heading 1: Advancing Global Supply Chain Resilience Through GTF2025 Initiative In the pursuit of advancing global supply chain resilience,the GTF2025 initiative is poised to revolutionize the aviation industry.
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. They see the value proposition,” Kunnummal said.
ivalua
JUNE 26, 2023
Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!
ivalua
FEBRUARY 24, 2021
New platform release features a broad set of enhancements across Ivalua’s complete Source-to-Pay suite, including deep integration with Amazon Business. Ivalua has been increasingly recognized by analysts and other 3rd parties for the strength of its platform, product strategy and ability to execute. Sourcing Innovations: .
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.
Supply Chain Game Changer
JULY 27, 2021
Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Subscribe Here!
SCMDOJO
FEBRUARY 16, 2025
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective.
SCMDOJO
FEBRUARY 15, 2025
One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them. A proactive approach to scenario planning strengthens overall resilience and minimizes long-term risks.
ivalua
APRIL 9, 2021
Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth.
Procurement Insights
APRIL 4, 2025
Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. Its emphasis on actionable strategies (e.g., Supply Chain Tie-In: Present but secondary, ensuring procurement remains the core focus.
ivalua
MAY 31, 2022
Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.
246 
Procurement Insights
JANUARY 3, 2025
Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Integration with Sustainability Goals : CFOs began to value procurement’s contributions to corporate social responsibility (CSR) , particularly in sourcing ethically and supporting sustainability initiatives.
ivalua
APRIL 8, 2021
Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth.
Let's Talk Supply Chain
FEBRUARY 27, 2025
The impending transformation, outlined in a recent report by Supply and Demand Chain Executive, is set to reshape the vrey foundation of how goods and services are sourced, managed, and delivered. shifts in pricing strategies to maintain profitability.
ivalua
FEBRUARY 25, 2021
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? 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?
IBM Supply Chain Blog
SEPTEMBER 20, 2021
Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.
Arkestro
DECEMBER 26, 2024
While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. By automating routine work, procurement professionals can focus on high-impact tasks like strategic sourcing and relationship building with key suppliers.
Let's Talk Supply Chain
FEBRUARY 24, 2025
Through the strategic implementation of AI solutions, companies can unlock a myriad of benefits, including predictive analytics for demand forecasting, automated inventory management to minimize stockouts, and real-time monitoring for enhanced visibility across the entire supply chain.
Let's Talk Supply Chain
MARCH 2, 2025
Additionally, the Institute for Supply Management (ISM) news highlighted the growing focus on sustainability and ethical sourcing within supply chains. Embracing environmentally friendly practices and promoting ethical sourcing are becoming essential components of a modern supply chain strategy.
TYA Suite
NOVEMBER 15, 2024
Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks. Collaborating on risk mitigation strategies fosters a sense of partnership, making suppliers more willing to share information and work together to overcome challenges.
Arkestro
DECEMBER 5, 2024
How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience. Subscribe to news from Arkestro. You can unsubscribe at any time.
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.
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.
Jaggaer
FEBRUARY 28, 2025
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Lets dive into these critical issues and explore actionable strategies that help CPOs navigate the path forward.
ivalua
FEBRUARY 27, 2023
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.
Jaggaer
OCTOBER 24, 2024
The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. 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.
Procurement Insights
DECEMBER 3, 2024
QUESTIONS TO CONSIDER : When developing an ESG strategy, how many companies consider the alignment of the following stakeholder (agent) interests regarding priorities, challenges, and desired outcomes? When should you introduce technology into your ESG strategy process – before or after addressing questions 1 and 2?
EazyStock
DECEMBER 13, 2020
Prepare for Upcoming Supply Chain Risks. In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Optimize Inventory.
ivalua
JANUARY 31, 2022
Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Businesses are either pausing staffing efforts or ramping up talent acquisition strategies depending on the industry. The Criticality of the Supply Chain (and Suppliers).
130 
ivalua
FEBRUARY 24, 2021
To that end, you have to get better at building the data, knowing what assets you have, and bringing in unstructured data from sources that exist outside the four walls of the enterprise.” Once we have the data, we have to continue to refresh it and engage with it, and that’s where analytical skills come in, Sawchcuk added.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content