Remove Change Management Remove Procurement Remove Risk Management
article thumbnail

In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. On average, companies in this region plan to invest $1.5

article thumbnail

It’s Time to Rethink Supply Chain Risk Management

ivalua

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Procurement and supply chain teams need to continue building the analytical skills of their teams.

article thumbnail

Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

article thumbnail

JOLLIBEE FOODS CORPORATION successfully deploys IVALUA with CONSUS to transform procurement

ivalua

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. JFC leverages only best-in-class processes and technologies, with its full operational procurement system used over the years to support its rapidly growing store network in the Philippines.

article thumbnail

ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. Efficient warehouse management.

article thumbnail

The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. Opportunity Awaits.

article thumbnail

Embracing Data-Driven Change to Enhance Customer Experiences

FedInsider

This is an area where government agencies can begin to explore the impact that AI and other tools can have in driving improved customer and employee experiences while thoughtfully balancing human interaction, automation, and risk management. Roberts worked as a Functional Analyst Lead for contract writing at CACI, Inc.

Data 59