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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

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. Work to achieve 100% supply chain visibility.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. This two-part series discusses the five steps of the procurement journey beginning with concept and development and continuing with posting, evaluation and award.

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

ivalua

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. Why is visibility so important? Set expectations with suppliers.

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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

ivalua

Some lessons regarding managing supply chain risk may still help in the near term as companies struggle to reconfigure their supply base to an evolving pandemic. First, category managers should look to investment professionals and take a broad portfolio view of supplier risk management.