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Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations

Skill Dynamics

This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. A lack of resilience can cause disruptions and delays to sourcing, transportation, or even manufacturing all of which lead to higher costs.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

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.

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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

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.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

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.

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Driving Supply Chain Resilience with Rolls Royce and Ivalua

ivalua

COVID-19 had an almost immediate impact on supply chains, as factories closed down and transport was restricted and organizations tried to pivot to remote work. Predicting demand and sourcing became difficult as the world’s markets were disrupted and buying patterns changed overnight. . View Full Replay.

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GM confident it can mitigate tariffs

Let's Talk Supply Chain

The ‍company’s commitment to efficiency and operational excellence will play a crucial role in managing tariff-related uncertainties,‍ ensuring sustainable growth and profitability in the long run. One key aspect of GM’s tariff mitigation strategy has been the implementation of innovative supply chain solutions.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.