Art of Procurement

MAY 11, 2023

The post [Pod] Supply Chain Cyber Attack: Expeditors and iRobot appeared first on Art of Procurement. Cyber attacks have been on the rise since 2020, occurring with increasing frequency and having a more detrimental impact to.

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Art of Procurement

FEBRUARY 21, 2023

Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. The post The Psychological Long Tail of Supply Chain Disruption appeared first on Art of Procurement. That has led to.

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Supply Chain Procurement Management Risk Management 134

The Procurement School

FEBRUARY 6, 2024

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field.

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Art of Procurement

JANUARY 25, 2024

In June 2023, the Journal of Economic Perspectives published a paper titled “How Far Goods Travel: Global Transport and Supply. The post Weight and Value x Distance: Studying Global Supply Chain Use and Cost appeared first on Art of Procurement.

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ivalua

FEBRUARY 8, 2023

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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Art of Procurement

JUNE 22, 2023

Human rights concerns are at the top of the priority list for supply chain and procurement professionals. child labor in your supply chain? appeared first on Art of Procurement. Among the most. The post Are contracts obscuring U.S.

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The Coalition for Government Procurement

DECEMBER 8, 2023

The Coalition for Government Procurement was invited to testify before the House Committee on Oversight and Accountability’s Subcommittee on Cybersecurity, Information Technology, and Government Innovation on November 29. The subject of the hearing was “Safeguarding the Federal Software Supply Chain.”

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ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

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GovCon Wire

DECEMBER 6, 2023

Bindi Patel, a more than two-decade consulting industry veteran, has been appointed vice president of contracts and procurement and corporate risk officer at Springfield, Virginia-based defense and space manufacturing company Ensco.

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ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Markus Leutert.

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ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

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ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

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Art of Procurement

MARCH 23, 2023

Procurement and supply chain professionals excel at. The post [Pod] The Next Phase of Dial P for Procurement Begins appeared first on Art of Procurement. Nothing that is simple is real, and nothing that is real is simple.

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ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Understanding Supplier Risk Management.

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ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. On average, companies in this region plan to invest $1.5

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Risk Management Supply Chain Procurement Management 52

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

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Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

NOVEMBER 23, 2020

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter. Supply chains have been badly disrupted.

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Art of Procurement

APRIL 4, 2024

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

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Supply Chain Buyers Procurement Risk Management 133

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

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ivalua

FEBRUARY 10, 2020

Beyond this enormous human toll, the Coronavirus and the efforts to control the spread of the virus is being felt throughout the world’s supply chain. This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain.

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Risk Management Supplier Supply Chain Management 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

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. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.

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Import Procurement Supplier Supply Chain 59

ivalua

SEPTEMBER 26, 2019

Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Make Risk Management Part of DNA.

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Federal News Network

OCTOBER 13, 2023

These efforts send a strong signal to companies interested in the federal contracting space: For those hoping to tap into the $700 billion market, cyber supply chain risk management (C-SCRM) must be a priority. The key is to start by making the effort and investments necessary to secure your cyber supply chain.

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Government Contracts Supply Chain Government Government 102

The Coalition for Government Procurement

APRIL 26, 2024

We are thrilled to provide a forum for Federal acquisition leaders and our members to continue to explore the theme of “What is Fair and Reasonable” when it comes to government market conditions, contract terms, procurement policies and regulations. We look forward to seeing you in May!

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ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

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ivalua

MARCH 16, 2022

Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. .

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Procurement Risk Management Supplier Procurement Team 52

Art of Procurement

APRIL 23, 2023

“The reality is that most companies will have some amount of modern-day slavery within their supply chains. The post [Pod] Enlisting Procurement in the Fight to Eradicate Modern Day Slavery w/ Tim Nelson appeared first on Art of Procurement. It’s whether they’re.

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Select GCR

SEPTEMBER 3, 2024

Navigating sole source procurement? When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks.

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Art of Procurement

APRIL 4, 2024

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

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Supply Chain Buyers Procurement Risk Management 52

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Incentivize procurement w/performance goals & KPIs that encourage supplier collaboration to drive meaningful changes in behavior.

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Supply Chain Procurement Supplier Collaboration 52

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

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ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

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ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

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ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

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Procurement Supply Chain Procurement Team Finance 52

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement. Opportunity Awaits.

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Supply Chain Eprocurement Procurement Team Supplier 52

Art of Procurement

MARCH 21, 2023

Procurement and supply chain professionals talk about agility and resilience so often, that I suspect both words have lost most. The post Learning to Practice Resilient Thinking In the Real World appeared first on Art of Procurement.

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Supply Chain Procurement Risk Management Management 52

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

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