This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The global supplychain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supplychain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber at a Glance…. Körber + Ivalua.
Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.
For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. Retail and tech expert Greg Petro says that, “ while the supplychain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”.
The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.
Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.
She was quick to take on new challenges in procurement, subcontracts, projectmanagement and compliance. By working closely with Legal, Finance, IT, and the operational business units, were embedding contracts into broader enterprise initiativesfrom go-to-market strategies to digital transformation and supplier innovation.
And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile. That includes quite a range of issues now, ranging from climate change and de-forestation to modern slavery or supporting diversity in our supplychains.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reduce costs and protect the bottom line. For example, today’s software can make recommendations based on past user or supplier behavior. 3) Optimize Decision-Making.
The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. As supplychains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.
Leader Forrester Supplier Value Management Platforms, Q1 2022. The group covered localizing suppliers, right shoring, ESG, and managing risk. They discussed new strategies and best practices to maximize and sustain supplychain agility and resilience in our last breakout session of the day!
What is also particularly interesting given the topic of our last article is that much of the innovation which led to this improvement came from close collaboration between the teams and their supplychains. Then we come to the “need for speed” when we interface with suppliers. the platform is for suppliers.
Selective Tendering Process Selective tenders restrict the invitation to tender to a suitable supplier or only the competent contractors that have been previously selected, usually on the basis of their past performance, financial stability, and technical competence. It defines the project’s requirements, scope, and selection criteria.
Legislative Language Within one year of enactment, the bills would require the NIST Director to issue guidance for federal agencies to incorporate the Framework into their artificial intelligence risk management efforts. COFC upheld the OHA decision. Register for the CMMC webinar here.
Legislative Language Within one year of enactment, the bills would require the NIST Director to issue guidance for federal agencies to incorporate the Framework into their artificial intelligence risk management efforts. COFC upheld the OHA decision.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content