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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

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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. Product recalls.

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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

For organisations, top-line growth is being limited by procurement systems that are too rigid to support new ideas (75%); processes and systems that don’t enable effective, scalable supplier collaboration (71%); and a lack of integration among source-to-pay systems (71%). Inaccurate data leads to inventory management challenges.

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Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research

ivalua

For organizations, top-line growth is being limited by procurement systems that are too rigid to support new ideas (75%); processes and systems that don’t enable effective, scalable supplier collaboration (71%); and a lack of integration among source-to-pay systems (71%). Inaccurate data leads to inventory management challenges.

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Zara – The Benefits of Agile Procurement / Supply Chain

ivalua

Deep Collaboration: Suppliers are all close to Zara factories and collaborate tightly, so Zara can order on an everyday-need basis. . Production Feedback: Everyday, store managers give customer feedback to the market specialists, who then pass the information along to production & design teams.

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

ivalua

Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. But in response to supply chain disruptions over the past year and a half, many store managers had to go rogue. Decentralize Procurement. Attack GNFR Spend.

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How Consultants Help Identify and Mitigate Risk

The Procurement School

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Inventory fulfilment rates were low. Supplier performance had never been measured.