Remove Procurement Team Remove Supply Chain Remove TCO
article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

article thumbnail

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

article thumbnail

4 ways IT & Procurement team collaboration increases resilience

ivalua

Procurement has been uniquely placed on the business front line of this crisis in helping to pivot supply chains from producing make-up to face masks and to finding thousands of items of remote working equipment overnight, or from manufacturing parts for car engines to ventilators. Blending of IT and procurement teams.

article thumbnail

Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process. Tools like the RACI chart, often used by procurement consultants , are invaluable in this phase.