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CTA April 28, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by SupplyChain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. According to SupplyChain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.
During the pandemic, Procurement flexed its muscle, helping to mitigate supplychain disruptions and enable new channels for engaging with customers and fulfilling orders. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. Optimize New Spend
A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process. Tools like the RACI chart, often used by procurement consultants , are invaluable in this phase.
Bashar El-Jawahari, PwC’s Middle East Procurement and SupplyChain Leader, explored the findings unique to the region. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset. Striking the Balance between People, Process and Technology.
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supplychains. For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance.
During the interview, Jackson shares her management priorities for NASA procurement and reflects on how her 30-year career has influenced her approach to acquisition policy development. She also shares her views on effective leadership, offering insights into what makes leadership successful in the procurement field.
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