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

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

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Three ways supplier collaboration creates real value for manufacturers

ivalua

If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

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

ivalua

A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

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5G: The Transformation of Defense Networks

FedInsider

Agenda Learning Objectives Complimentary Registration Live Captioning CART Agenda Join us as thought leaders from government and industry outline the changes that 5G already is bringing to military networks, the role of cloud-native technologies, and the challenges ahead to achieve interoperability among the U.S. and its allies and partners.

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Three Ways Supplier Collaboration Creates Real Value for Manufacturers

ivalua

If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Prior to his time at Ivalua, Jarrod held various roles in category and supplier management—including strategic sourcing and procurement team management where he led teams to implement shared service procurement models and Source-to-Pay systems.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

But because we were proactive, we were able to build inventories ahead of time so that we had enough material in the pipeline before the crisis really hit peak.”. Strategic sourcing professionals may end up doing tactical work, as well. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.