Remove Balance Remove Category Management Remove Procurement Team
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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Balance supply chain risk and resilience with ROI.

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What’s the Difference Between Direct vs Indirect Procurement?

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There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. .

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

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Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Balance supply chain risk and resilience with ROI.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

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What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

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Others may still be applied to help businesses better manage the effects of the crisis. Balance Procurement Objectives. Before diving into specifics, I feel it is important to note how the crisis has emphasized the importance of Procurement / Supply Chain leaders having a balanced set of objectives.