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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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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. Why is visibility so important? Be proactive to mitigate supply chain risk by understanding your suppliers.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

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Think about all those retailers who no doubt thought they would eventually develop a decent online offering – but there was no rush, was there? For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. What does this mean for procurement and supplier management?

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

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Norway Public Sector Solution Details Jarrod McAdoo Director of Product Marketing Jarrod McAdoo brings over 26 years of procurement experience to Ivalua as a product expert for the Analytics & Insights, Supplier Management, Spend Analysis, and Environmental Impact Center Solutions.

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New research from Ivalua shows UK businesses’ cost focused approach with suppliers is blocking innovation 

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Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. The research , conducted by Vanson Bourne on behalf of Ivalua, found that 60% of UK businesses say they consider the role of suppliers important when it comes to driving innovation.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

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At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. 67% of respondents say it is limiting their ability to gain insights into spend and supplier management. About the study. About Ivalua. Tom Reynolds / Robert Fretwell.

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The Coronavirus Is Shattering Traditional Supply Chains

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Retail shops and eateries everywhere saw their business drop off precipitously. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. A retailer will have empty shelves.

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Duct Tape Can’t Fix Your Legacy Systems

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Ten years ago, when the current systems were selected and put in place, people were still primarily shopping at brick-and-mortar retailers. In the time that has passed, the traditional method has been surpassed, not just by online retailers such as Amazon, but the ability to place and track orders from a mobile phone.

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