Remove Finance Remove Risk Management Remove Supplier
article thumbnail

Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management.

article thumbnail

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

ivalua

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. About Ivalua.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Supplier data improvements can reduce these costs and minimize the opportunity for error. Operations.

article thumbnail

The Secret to Effective Supplier Onboarding – Tiering 

ivalua

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

article thumbnail

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. alternatives.

article thumbnail

Nerves of U.S. Steel

Art of Procurement

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

Finance 92
article thumbnail

2021 Will Give Way to Big Changes in Supply Chain Practices 

ivalua

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 supplierssuppliers. How do you assess that risk? Check supplier finances.