ivalua

JANUARY 29, 2020

Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. What does this mean for procurement and supplier management? However, supplier collaboration is much easier to talk about than implement.

Collaboration 65

Collaboration Innovation Procurement Supplier 65

ivalua

JUNE 7, 2021

It has been applied for decades in certain industries, notably automotive and aerospace, and is now recognised as a priority at most organisations. I recommend the following approach: Assess your current supplier collaboration capabilities/shortcomings. Digitise to enable effective collaboration across more suppliers and categories.

Procurement 52

Procurement Supplier Collaboration Price 52

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Unfortunately, collaboration with IT was identified as the top obstacle to improved supplier visibility. Enable effective, scalable collaboration. Digitizing collaboration is the key to success.

Supplier 52

Supplier Management Collaboration Supply Chain 52

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Achieving these goals requires maintaining complete visibility across your suppliers (into tier 2 and 3), and setting up processes for effective and efficient collaboration and transparency across the supply chain.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52