ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging.

Supply Chain 105

Supply Chain Supplier Risk Management Inventory 105

ivalua

AUGUST 10, 2015

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.

Automotive 63

Automotive Supplier Manufacturing Quality 63

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

ivalua

AUGUST 10, 2015

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.

Automotive 40

Automotive Supplier Manufacturing Quality 40

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Supplier 40

Supplier Management Supply Chain Buyers 40

ivalua

NOVEMBER 23, 2020

One of the most important issues the pandemic exposed has been that most manufacturers have only a limited view into any of their suppliers beyond Tier One. Most have little understanding of who is supplying their suppliers or those suppliers’ suppliers. How do you assess that risk? Check supplier finances.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Supply Chain 69

Supply Chain Procurement Procurement Team Supplier 69

ivalua

JULY 22, 2020

According to the EBA guidelines, outsourcing an activity shall never: Transfer bank’s senior management responsibility of running core management functions (e.g, risk strategy & oversight of business operations). Impair risk management obligations. Perform a supplier due diligence.

Supplier 52

Supplier Risk Management Management Contract 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk Management 8

Risk Management Supply Chain Management Supplier 8

ivalua

SEPTEMBER 26, 2019

Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. Many countries have also introduced new regulations on sustainability (modern slavery, conflict minerals), or diversity, which add new risk factors in terms of compliance.

Supply Chain 40

Supply Chain Risk Management Management Import 40

ivalua

DECEMBER 1, 2022

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

ivalua

JULY 7, 2020

Be it stronger support or stricter policies around supplier management for sustainability and diversity or more efforts to improve the communities involved in and around a business. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind. Building Resilience.

Balance 52

Balance Supply Chain Supplier Procurement 52

Federal News Network

JANUARY 2, 2024

However, I can say that there’s incredible plans underway to continue to deliver more value to our citizens, to our customers, to create a much more equitable, inviting, successful marketplace for suppliers and to continue to make it easy for people who do business with the government. We asked a question of ourselves almost every day.

Supply Chain 104

Supply Chain Balance Supplier Data 104

ivalua

MAY 7, 2020

But the connections between that event and the current Covid-19 crisis are more prominent than most realize. . But few remember the stress the 2011 event placed on global supply chains. . Downstream customers were able to fill orders by finding substitute suppliers throughout the global ecosystem.

Supply Chain 52

Supply Chain Supplier Consumer Demands Procurement 52

ivalua

MARCH 14, 2019

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. Whether it’s geopolitical events like Brexit, or regulatory hurdles like GDPR – CPOs play a vital role ensuring compliance in an agile manner that causes minimal disruption. More Intelligence, Quicker Decisions.

Procurement 40

Procurement Supplier Capacity Risk Management 40

Art of Procurement

JUNE 6, 2023

Next week, Art of Procurement is hosting our first-ever event dedicated to direct spend. Direct spend is an area I’m. The post The Power of Direct Spend appeared first on Art of Procurement.

Procurement 52

Procurement Risk Management Supplier Management 52

ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Ivalua’s events have been consistently strong for several years now.

Supply Chain 18

Supply Chain Procurement Supplier Risk Management 18

Art of Procurement

AUGUST 31, 2023

In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.

Procurement 133

Procurement Risk Management Supplier Management 133

Art of Procurement

MAY 11, 2023

Cyber attacks have been on the rise since 2020, occurring with increasing frequency and having a more detrimental impact to. The post [Pod] Supply Chain Cyber Attack: Expeditors and iRobot appeared first on Art of Procurement.

Supply Chain 140

Supply Chain Procurement Risk Management Supplier 140

Art of Procurement

APRIL 6, 2023

In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.

Networking 136

Networking Procurement Risk Management IT 136

ivalua

OCTOBER 7, 2019

Supplier Management is a growing challenge for Supply Chains. In a world characterized by VUCA (volatility, uncertainty, complexity and ambiguity), there are daily reminders that risk management is no longer an option for Procurement and SupplyChain professionals. Ivalua team will be there to discuss this topic !

Supply Chain 8

Supply Chain Risk Management Logistics Supplier 8

Art of Procurement

JUNE 1, 2023

In his book, An Inquiry into the Nature and Causes of the Wealth of Nations, Scottish Enlightenment thinker Adam Smith. The post The Laws of Supply and Demand Meat at Tyson Foods appeared first on Art of Procurement.

Demand 128

Demand Procurement Risk Management Supplier 128

Art of Procurement

MAY 4, 2023

Bed Bath & Beyond was founded in New Jersey in 1971. Popular for its effective use of the ‘superstore’ concept, The post [Pod] Bed Bath & Beyond’s Decline from Superstore to No-more appeared first on Art of Procurement.

Procurement 130

Procurement Risk Management IT Supplier 130

Art of Procurement

AUGUST 10, 2023

Although we talk about ESG programs all the time, they actually haven’t been with us for very long. ESG initiatives. The post The Problem with Performative ESG appeared first on Art of Procurement.

Procurement 98

Procurement Risk Management Supplier Management 98

Art of Procurement

SEPTEMBER 14, 2023

The term “cold chain” was first used in 1908 to describe meat industry storage and transportation in and out of. The post The Cold, Hard Facts About Cold Chain Logistics appeared first on Art of Procurement.

Logistics 94

Logistics Transportation Transportation Procurement 94

Art of Procurement

SEPTEMBER 7, 2023

“You can’t unscramble eggs.” – J.P. Morgan U.S. Steel was formed in 1901 when J.P. Morgan financed the merger of. The post Nerves of U.S. Steel appeared first on Art of Procurement.

Finance 92

Finance Procurement Risk Management Supplier 92

The Coalition for Government Procurement

APRIL 11, 2024

The document, officially titled “Incident Response Recommendations and Considerations for Cybersecurity Risk Management: A CSF 2.0 The new draft guidance also shifts the focus away from “detecting, analyzing, prioritizing, and handling incidents” to incorporating incident response into overall cybersecurity risk management activities.

E-procurement 98

E-procurement Procurement Procurement Contracts Supply Chain 98

The Coalition for Government Procurement

OCTOBER 19, 2023

GSA Requesting Feedback on Draft Supply Chain Risk Management Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supply chain risk management (C-SCRM).

Price 52

Price E-procurement Supply Chain Procurement 52

ivalua

OCTOBER 24, 2019

Supplier failure and supply shortages are the biggest risks, yet many businesses are unprepared to mitigate these events in the future. The most common threats organisations faced include supplier failure (48%), supply shortage (46%) and environmental impact, such as pollution or waste (33%).

Supply Chain 8

Supply Chain Supplier Retail Telecommunication 8

Art of Procurement

JUNE 22, 2023

Human rights concerns are at the top of the priority list for supply chain and procurement professionals. Among the most. The post Are contracts obscuring U.S. child labor in your supply chain? appeared first on Art of Procurement.

Supply Chain 75

Supply Chain Contract Procurement Risk Management 75

Art of Procurement

AUGUST 24, 2023

On July 30th, 2023, Yellow announced that they would cease operations after 99 years and declared Chapter 11 bankruptcy just. The post Who is to blame for Yellow’s demise? appeared first on Art of Procurement.

Procurement 52

Procurement Risk Management Supplier Management 52

Art of Procurement

JULY 20, 2023

While researching a recent episode of Dial P, I came across material on the difference between Industry 4.0 The post Tracking Procurement from Industry 1.0 – 5.0 appeared first on Art of Procurement.

Procurement 40

Procurement Risk Management Supplier Management 40

The Coalition for Government Procurement

AUGUST 1, 2024

.” The White House also released an accompanying Fact Sheet that announces a “new goal to phase out Federal procurement of single-use plastics from food service operations, events, and packaging by 2027, and from all Federal operations by 2035.” ” Meeting these goals will require further rulemaking. SAM dot What??

Supply Chain 52

Supply Chain Bidding E-procurement Risk Management 52

The Coalition for Government Procurement

APRIL 25, 2024

With each passing day, we eagerly prepare to converge upon the Fairview Park Marriott for this two-day event that continues to explore last Fall’s theme of “What is Fair and Reasonable” when it comes to market conditions, contract terms, policies, and regulations. Watch the Full Video.

Supply Chain 52

Supply Chain E-procurement Thresholds Procurement 52

The Coalition for Government Procurement

JULY 25, 2024

In addition, this year’s event includes a Longest Drive/Closest to the Pin contest. The AISI will create evaluation tools, test AI models and safeguards, issue guidance on AI safety and risk management, and conduct technical research. Spaces are filling up quickly, so we encourage you to secure your spot by registering today!

Supply Chain 52

Supply Chain Evaluation E-procurement Manufacturing 52

ivalua

APRIL 11, 2019

It’s not many conference organisers who are praying for no-shows the night before the event. Registrations were closed last week, but not before the take-up had been way ahead of expectations and last year’s event. We have to move beyond cost and look at real value through goals such as improved time to market or growing revenues.

Supplier 40

Supplier Procurement Purchasing Category Management 40

The Coalition for Government Procurement

JULY 18, 2024

To learn more about the event and register, click here. During an event on Monday, Justina Gallagos, Deputy Director of the White House’s Office of Science and Technology Policy (OSTP), highlighted the increase. This year’s Joseph P. semiconductor and electronic sectors under the current Administration thus far.

Supply Chain 52

Supply Chain Data Price Thresholds 52