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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

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The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight

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Through our sponsored Forrester research and experience working with hundreds of the world’s most admired brands, we have established several key strategies to create a more resilient supply chain: 1. You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier.

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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

It involves a set of principles which guide a company to proactively eliminate unethical practices throughout its supply chain. Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important?

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

What makes KPIs so vital to Procurement? Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. The benefits of KPIs are vast and include the fact that it gives the procurement team early indication of any potential issues.

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