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.

Supply chain resilience 130

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

Supply Chain Brain

JUNE 22, 2023

The Medical Supply Chain Resiliency Act would allow the establishment of trusted trade partnerships to diversify the sourcing and procurement of medical devices as well as pharmaceuticals.

Supply chain resilience 98

Supply chain resilience Supply chain Supply Sourcing 98

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.

Supply chain resilience 130

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

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.

Agile and Lean Supply Chain 26

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

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

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!

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

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. Out-of-the-box integration to Tealbook now enables customers to discover new suppliers with a single click and access a high-quality source of supplier information. Media Contact.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

ivalua

MAY 30, 2023

By maximizing resource utilization and implementing careful procurement management, the government can source the best goods and services at the most competitive prices. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

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. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

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.

Supply chain resilience 52

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

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.

Suppliers 246

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

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

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

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.

Supply Chain Optimization 99

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 99

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).

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption.

Agile and Lean Supply Chain 264

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

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.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply Chain Optimization 98

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.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

MAY 7, 2024

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

Supply Chain Visibility 98

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

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. 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 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.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Strategic Sourceror

JULY 24, 2022

In addition, the shortages experienced within the supply chain in the last two years are likely to be dealt with in the near future, albeit that consumer demand for certain goods and services has also slowed, the news source said. Brought to you by the StrategicSourceror.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. There’s a much bigger dividend to obtain by automating the most boring, mundane tasks of your top sourcing professionals.” .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

ivalua

FEBRUARY 6, 2021

Maximizing Supply Chain Resiliency. Aurea has a degree on International Business, and within 20 years at Flex, has developed a career in several Supply Chain positions, currently as VP of Indirect Procurement. Aurea Jimenez. VP, Indirect Procurement. Customer Keynote.

Supply chain resilience 100

Supply chain resilience Supply chain Negotiation Procurement 100

Procurement Foundry

OCTOBER 24, 2023

But ‘having data’ in itself is not enough to build a resilient supply chain. AI needs massive amounts of data and even bringing data together from different sources poses challenges because of a lack of standardization and governance structures like policies, procedures and protocol. Data lies at the centre of AI.

Supply chain resilience 52

Supply chain resilience Supply chain Supply Data 52

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 107

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 107

Spend Matters

SEPTEMBER 19, 2023

, complete lockdowns on people’s ability to travel, work and create, wreak havoc on normal business operations with a compounding shockwave across supply chains. Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience.

Supply chain 107

Supply chain Supply chain resilience Supply Risk 107

Supply Chain Game Changer

JULY 27, 2021

Just saying you want to have a resilient Supply Chain doesn’t accomplish anything. According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. Source: www2.deloitte.com. So What’s the Problem?

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

APRIL 9, 2021

Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth. For many organisations, procurement was crucial to keeping supplies flowing during the pandemic and minimising the impact on profitability.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Strategic Sourceror

OCTOBER 27, 2022

Shoring up staff is a good way to increase supply chain resiliency, which companies are trying to do more of today to ensure theirs has what it takes to stay together when it's taxed in the future. Brought to you by the StrategicSourceror.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Procurement Templates

SEPTEMBER 14, 2023

Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability. It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52