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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

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. It requires appropriate inter-personal and behavioural skills, as well as traditional skills such as commercial understanding and negotiation.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

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5 Steps Towards Modernizing Supplier Management

ivalua

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Yet, too few businesses do so well.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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Protecting profitability in the face of inflation isn’t about squeezing suppliers in negotiations, but working together to find ways to reduce costs in the full value chain. Ensuring supply continuity requires timely and open sharing of information. Second, map your sub-tier.

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Hong Kong Arbitration Week 2024: Defying Convention and Breaking New Ground

Kluwer Arbitration

Cristián Conejero highlighted significant growth and diversification in Latin America, particularly in sectors such as electricity, renewable energy, minerals (primarily copper), metals (including lithium), chemical products, agroindustry, ports, desalination plants, technology, and the automotive industry.