Remove Balance Remove Category Management Remove Strategic Sourcing
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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Balance supply chain risk and resilience with ROI. There are a few ways to balance supply chain risk and resilience with ROI: Diversification: One way to reduce risk is to diversify your supplier base so that you’re not relying on one supplier for all of your needs.

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Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

It’s a style of working that produced innovative thinking – but by its nature, could be hit and miss; where “miss” could have a significant negative impact to an organisation’s balance sheet. But now with strategic sourcing and category management, the process has become much easier to track, monitor and control.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

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. . What is Direct Procurement?

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

ivalua

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. Yes, cost still matters.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

Balance supply chain risk and resilience with ROI. Strategic sourcing professionals may end up doing tactical work, as well. Navistar is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and category management.

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

ivalua

Balance supply chain risk and resilience with ROI. Strategic sourcing professionals may end up doing tactical work, as well. Navistar is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and category management.

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what is the difference between public and private sector procurement?

The Procurement School

demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a category management perspective.