Remove Strategic sourcing Remove Supply chain management Remove Supply chain resilience
article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

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.

article thumbnail

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

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. Create speed and transparency.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Tariff Turmoil with Data-Driven Supplier Relationship Management – Institute for Supply Management News

Let's Talk Supply Chain

Let’s set sail on a journey towards efficient and effective supply chain management. This innovative approach empowers organizations to strengthen collaboration with suppliers, enhance supply chain resilience, and ultimately achieve greater cost savings and operational efficiency.

article thumbnail

5 Procurement Industry Trends to Watch in 2025

Arkestro

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

article thumbnail

ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? They both do the same thing, or do they? Demand planning capabilities. Best-in-Class Beats Single-Stack.

article thumbnail

3 ways collaboration can make supply chains more durable

Strategic Sourceror

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.

article thumbnail

The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. Adopting solutions that enhance risk management, transparency, visibility & compliance is more important now than ever before. Publications.