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Supplier Diversity Part III: Keeping Pace as an Organization

ivalua

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. The growth of supplier diversity initiatives in these regions (and others) provides unique opportunities and challenges for multinational corporations.

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Ivalua NOW Virtual Event to Showcase the Role of Procurement In Meeting Today’s Business Challenges

ivalua

Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. to a virtual event, taking place on May 5 and 6, 2020. to a virtual event, taking place on May 5 and 6, 2020. Redwood City, CA.

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Supplier information challenges in the automotive industry

ivalua

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.

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Supplier Motivation, A Key Component of Supplier Management

ivalua

As we have already seen in a former blog , enterprises often fail at maximizing the value of collaborating with smaller companies. Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. It all starts with building up a transparent relationship.

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AI, Military-Industry Collaboration Take Center Stage at Leidos’ 7th Supplier Symposium

GovCon Wire

Leidos (NYSE: LDOS) highlighted artificial intelligence and other emerging technologies at its seventh annual Supplier Innovation & Technology Symposium on Tuesday. The company said more than 170 partners and suppliers gathered at the event, which included discussions on how emerging tech can help address customer challenges.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

Moreover, 80% of UK businesses say that Black Swan events such as Brexit, COVID-19 and the War in Ukraine have “left supply continuity on life support”. Over half (59%) believe supply chain disruption has become normal, and that we’ll see more Black Swan events in the future. added Saric. ” About the research.