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Using Digitization to Unlock Supply Chain Value for Manufacturers

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Most of the benefits that can be realized by manufacturing procurement organizations are gained through external collaboration with suppliers and partners – which ERP systems, internal portals, and Excel spreadsheets are not designed to handle. . Digitization Benefit #2: Strategic Sourcing Alignment.

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What’s the Difference Between Direct vs Indirect Procurement?

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Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Direct Procurement is made up of a series of related processes that span the full product lifecycle.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

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How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. 5 Procurement Increasing Its Focus on and Use of Data. More on that here.

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Canada’s Federated Co-operatives Ltd. (FCL) goes live with Ivalua’s Source-to-Contract (S2C) solution with seamless integration to TealBook’s AI-powered supplier data foundation

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It also increased the efficiency and speed to market for all sourcing users, while providing visibility and ability for procurement professionals in the center-led procurement team to provide strategic support. Together FCL and those local co-operatives form the Co-operative Retailing System (CRS).