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What does the German Supply Chain Act Mean for Procurement?

ivalua

The Act demands that companies define, publish, and implement a complaints procedure that enables anyone affected or potentially affected by human rights violations, or aware of possible violations to report their concerns. For procurement organizations, the German Supply Chain Act presents both challenges and opportunities.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

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Webinar: Managing Risks, An Interactive Review

Oxford College of Procurement and Supply

Watch our latest Procurement on Demand webinar that provides an interactive review on how to assess risks and ways we might respond within an open and interactive forum. About the Trainer Fiona leads CIPS learning and education including relationships with Universities and Study Centres across the globe.

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Zara – The Benefits of Agile Procurement / Supply Chain

ivalua

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Zara’s Supply Chain Approach. Spare Capacity.

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Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come. Build a Data-literate Team. They should also be comfortable working with different types of data, including financial data, supply and demand data, supplier performance data, and more.