Remove Inventory Remove Procurement Strategies Remove Quality
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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

However, the research reveals that many organisations feel their procurement strategies are being hampered by outdated technology: Organisations believe that overly dispersed (72%), unactionable data (70%), and a lack of embedded best practices (70%) are limiting overall value from technology solutions.

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

ivalua

However, the research reveals that many organizations feel their procurement strategies are being hampered by outdated technology: . If procurement leaders don’t overcome technology challenges now, they risk missing growth opportunities and ensuring resilience for the future.”. Inventory challenges are also slowing cash flow.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

This can cause disruptions in supply chains, affecting delivery timelines and quality standards. Implement Strategic Inventory Management Where feasible, stockpiling critical items before tariffs take effect can help manage costs. However, this strategy must be balanced against the costs of storage and the risk of excess inventory.