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Supply Chain Optimization Supply chain resilience Sustainability 
ivalua
JUNE 26, 2023
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.
ivalua
FEBRUARY 25, 2021
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? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?
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Skill Dynamics
JANUARY 7, 2025
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.
ivalua
FEBRUARY 10, 2023
Additionally, by researching new suppliers every few months or so, they can ensure they’re always getting the best deal possible on the goods and services they need to sustain their operations. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.
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SCMDOJO
MAY 15, 2024
Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supply chain ecosystem.
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.
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.
SCMDOJO
JUNE 14, 2024
The global economy runs on efficient supply chains. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. It’s your one-stop shop for a complete supply chain management pathway.
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.
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IBM Supply Chain Blog
JUNE 30, 2023
The industrial sector is facing a perfect storm when it comes to their supply chains: an outdated reliance on manual processes, raw materials demand that will likely outpace supply, as well as potential resource constraints. Delays in repairs can often mean supply chain disruptions.
IBM Supply Chain Blog
SEPTEMBER 20, 2021
For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. 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.
SCMDOJO
JUNE 6, 2023
For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.
SCMDOJO
JUNE 28, 2024
In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.
IBM Supply Chain Blog
JUNE 30, 2023
In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.
Spend Matters
DECEMBER 30, 2024
Operational: The time saved and operational excellence improved by automation of tasks, improved data analytics and process optimization (> OPEX reduction/optimization) is greater than 20%-50% of total FTE. Customer requirements on more sustainable products/services, and/or requests for supply chain transparency/due diligence.
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
APRIL 27, 2023
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.
SCMDOJO
JANUARY 9, 2025
By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions.
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. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.
Procurement Tactics
JUNE 7, 2023
Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.
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.
Zycus Cognitive Procurement
DECEMBER 15, 2022
As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.
Supply Chain Trend
AUGUST 13, 2020
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.
Procurement Insights
JANUARY 3, 2025
Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. Analytics and insights from procurement data were minimal.
IBM Supply Chain Blog
JUNE 30, 2023
Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. However, maintenance inventory optimization is only part of the solution. 4 tips to help energy & utility supply chains avoid unexpected downtime 1.
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Arkestro
JANUARY 4, 2023
But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Ensuring continuity of supply. Driving sustainability. Reducing supplier risk.
Arkestro
DECEMBER 26, 2024
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.
EazyStock
JANUARY 17, 2022
The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. Supply Chain Digitalization.
Arkestro
JANUARY 9, 2024
As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Policy-Driven Sustainability Sustainable, environmentally friendly procurement practices are no longer nice to have — they’re a business necessity.
Finale Inventory
AUGUST 28, 2024
This year, supply chain disruptions have posed significant obstacles for small business owners. Understanding the 2024 Supply Chain Challenges Before we look at the key takeaways, let’s first understand the supply chain challenges that have dominated 2024.
Jaggaer
OCTOBER 24, 2024
Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?
ivalua
APRIL 5, 2023
Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap. They closed with the poignant statement–Share your ideas with other people and make something new—Just think “what if”!
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World of Procurement blog
MAY 8, 2024
What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.
Barkers Procurement
MAY 22, 2024
At Barkers our ESG Health Check concentrates on the activity within your supply chain. Assessing your supply chain performance is strategically important for your organisation as studies show that the majority (80%) of emissions and ESG risk lies in a business’ supply chain.
Zycus Cognitive Procurement
JANUARY 20, 2023
At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.
Procurement Insights
OCTOBER 8, 2024
As the procurement landscape continues to evolve, Chief Procurement Officers (CPOs) in 2025 will face a wide range of challenges and concerns shaped by technological advancements, geopolitical shifts, sustainability demands, and more. What are the Top 3 concerns for Chief Procurement Officers in 2023?
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.
World of Procurement blog
MAY 8, 2024
Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. What are the company's goals for growth, cost reduction, sustainability, innovation etc?
Zycus Cognitive Procurement
JANUARY 20, 2023
At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.
TYA Suite
JULY 17, 2024
Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Utilizes data analytics and market intelligence to optimize category performance and mitigate risks. However, the advent of digital procurement strategy has revolutionized the paradigm.
IBM Supply Chain Blog
MAY 17, 2024
Use case 1: AI for modernization and business model expansion AI-powered tools can be incredibly valuable in optimizing and modernizing business operations throughout the customer journey, but it is critical in the commerce continuum. This content includes product descriptions, images, videos and even interactive experiences.
HICX
SEPTEMBER 16, 2024
According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This is especially the case as supply chains become increasingly complex and digitalized.
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Empowering CPO
JUNE 14, 2023
It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. We will explore what they are, why they matter, and how they are being implemented across different sectors.
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