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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

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The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Körber at a Glance…. Körber at a Glance….

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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The Opportunity — and Challenges — for Digital Transformation in MENA

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The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

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In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

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

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The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

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During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain 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. About half of U.S.

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