Remove Consumer Demands Remove Demand Remove Innovation
article thumbnail

How Procurement can help to drive Supplier-led innovation

ivalua

In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate.

article thumbnail

Mitigating Risks and Future-proofing the Supply Chain

ivalua

This is being driven by consumer demand for greater transparency, compliance demands, tougher regulatory enforcement, and the growing emphasis on CSR. Future-proofing Procurement Against Supply and Demand Shocks. How is your organization future-proofing against demand and supply shocks? .

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supply chains, labor market shortages, strong consumer demand.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Watch the full webinar on-demand here.

article thumbnail

How 2011 Prepared Us for Today

ivalua

89% of respondents judged to be “Innovative Performers” believed their organization was “effective” or “very effective” at leveraging these technologies. Automobile factories are curtailing production but the drop in consumer demand is influencing those actions as much as part shortages.