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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

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How exporting weapons becomes risky for contractors who make the exports

Federal News Network

Interview Transcript: Tom Temin And we think of the defense industrial base has strained in terms of capacity to manufacture what’s needed around the world and, you know, missile systems and ammunition and so forth. With the fragmentation and trade in our financial systems and our alliances and our supply chains.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Similarly, crises like the COVID-19 pandemic or the Ebola Virus Disease outbreak, which disrupts supply chains and markets, may call for specific procurement strategies. Letter of Invitation (LOI) and Direct Negotiation Documents Restricted or Limited Bidding A method restricted to a preselected list of suppliers.

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

ivalua

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

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Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

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AI and All That – Ivalua Now Looks to the Future

ivalua

A recent Ivalua study with Forester identified capacity being consumed by operational and manual activities as one barrier, along with a lack of contextual access to insights, and poor data quality as other blockers. So, is AI the light at the end of the tunnel for overworked procurement functions? Will AI decimate procurement roles?

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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.