Remove Category Management Remove Procurement Team Remove Supplier
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[Pod] Architecting and Enabling Amazing Procurement Teams w/ Fadi El Mouallem

Art of Procurement

“At the end of the day, procurement is a business enabler. No company can grow without its suppliers. The post [Pod] Architecting and Enabling Amazing Procurement Teams w/ Fadi El Mouallem appeared first on Art of Procurement.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Focus on digital transformation and adopt procurement technology. Navistar had a jump start on putting robust systems in place, but their suppliers didn’t.

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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. 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’s the Difference Between Direct vs Indirect Procurement?

ivalua

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. . Creating value isn’t enough though, the value still has to be captured. . Both are essential to the success of every business.

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2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight

ivalua

The success of any transparency strategy relies heavily on building a solid data foundation, particularly when it comes to suppliers. This places limitations on the value that procurement generates for your organization and impacts the resilience and agility of the supply chain. Ensure 360-Degree Supplier Visibility.