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It’s Time to Rethink Supply Chain Risk Management

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In these instances, tradeoffs have been made, such as impeding carbon emissions reduction progress through the use of less sustainable products or carbon intensive transportation options. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases.

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

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Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. Supplier Selection.

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A Balancing Act: Drive Sustainability while Managing Cost and Risk

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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. Geopolitical manipulation on suppliers worldwide adds to the pressure.

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Accenture x Bulgari x Ivalua – Five immediate actions to take towards Sustainable Procurement

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Sustainability is one of the most evolving and growing trends of our time, and it will dominate procurement business discussions well into the foreseeable future. In fact, studies and ROIs are clearly showing sustainability is to be considered a new type of competitive advantage. Bulgari – Arianna Vetrugno. Sounds interesting?

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

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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. They may also lack visibility into overall spend, spend categories and suppliers. .

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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

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Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.

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3 Ways to Drive Value Through Supplier Diversity

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Supplier diversity is not a new concept. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk. With diverse suppliers generally being local, that meant supplier diversity competed against the core supplier strategy.