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What does the German Supply Chain Act Mean for Procurement?

ivalua

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. In closing, the German Supply Chain Act is a major development for procurement and supply chains in Germany.

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The Benefits of AI in Procurement

Oxford College of Procurement and Supply

AI can bring many benefits to procurement teams and their companies. In this post, we take a look at the benefits of using AI in procurement departments. Information AI allows procurement teams to mine huge amounts of complex data. This allows them to be extremely competitive and ultimately boost sales and revenue.

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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

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Organizations with an integrated strategic sourcing platform powered by automation can yield considerable benefits in terms of cost savings, efficiencies, and intelligent decision-making.

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CTA

ivalua

A recent webinar hosted by Supply Chain 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. When I say technology, I’m not talking about spreadsheets,” White said.

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A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

A recent webinar hosted by Supply Chain 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. When I say technology, I’m not talking about spreadsheets,” White said.

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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?