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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

Retailers have faced a tough year in the last 12-18 months, and while recovery seems to be in progress, they still have some work to do. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Rethink What’s Normal. Decentralize Procurement.

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A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

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. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

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ivalua

The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Companies are realizing that because they can’t foist all the risk and blame of supply chain failure to distribution and retail outlets, they have to start to perform,” he said.

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AWS solutions for use cases across public sector industries

AWS Public Sector

Retail Consumer expectations for personalized and seamless shopping journeys continue rising across retail channels. Fortunately, a multitude of use cases focused on computer vision and analytics are bringing new levels of customization and intelligence for retailers.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

Example: The construction industry in the UK, which relies on imported steel and aluminium, could see project delays if suppliers adjust their distribution to avoid tariff-heavy markets. However, this strategy must be balanced against the costs of storage and the risk of excess inventory.