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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

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Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey.

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Are you a Supply Chain Visionary Vick or Laggard Larry?

ivalua

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. getting involved early on in the New Product Introduction ( NPI) cycle to ensure suppliers risk is being properly evaluated in production capacity and quality. The post Are you a Supply Chain Visionary Vick or Laggard Larry?

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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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5G: The Transformation of Defense Networks

FedInsider

But it also has value far away from the battlespace, such as 5G efficiencies in supply chain and warehouse logistics and support for open standards while maintaining secure networks. In his current capacity, he serves as a trusted advisor to a multitude of clients in throughout the world. and its allies and partners.

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The Future of 5G in Defense and Beyond

FedInsider

Outside of defense, 5G can enhance supply chain and warehouse logistics, support open standards and strengthen communications while maintaining secure networks. In his current capacity, he serves as a trusted advisor to a multitude of clients in throughout the world.

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How to Gain an Advantage in Challenging Times

ivalua

For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supply chains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .