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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain 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% supplychain visibility.
From this discussion, we compiled a list of 8 critical supplychain management activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychain management activities that can help Procurement teams build and maintain supplychain resilience now and in the years to come.
It focuses on how public sector entities can enhance compliance and transparency. Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supplychain risks, and facilitate informed procurement decisions. What is Data Analytics in Procurement?
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Effectively managing costs and supplychain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.
The project, which was delivered in partnership with Efficio, the leading strategic procurement and supplychain consultancy firm, was focused on STG’s strategicsourcing process as the first stage of a longer term digital transformation.
Our customers have seen anywhere between 4-24% cost reduction across a portfolio of initiatives including reduction in procure to pay (P2P) cycle time, increased transparency in the complete procurement life cycle, access to alternate local and global suppliers and effective ways of managing supplychain risks.
They are integral partners that require management to reduce supplier risk, improve supplier performance, and foster supplier collaboration across the entire supplychain and throughout the complete supplier lifecycle. . Improve visibility across all levels of the supplychain. Drive competition and achieve savings.
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supplychain risks. “As Effectively managing costs and supplychain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc. We look forward to contributing to their Procurement cost optimization initiative”.
Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategicsourcing processes.
The conference is dedicated to supplychain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. Without good visibility and frankly, transparency, any collaboration is hard. It is sage advice. The next question is how?
Outside of defense, 5G can enhance supplychain and warehouse logistics, support open standards and strengthen communications while maintaining secure networks. These capabilities could span to military applications, providing global coverage from anywhere. Plus, 5G provides advanced security and resiliency. “5G
Sprint’s strategicsourcing transformation, presents a great example, in multiple ways. First, their approach digitized not just the sourcing process itself, but also requirements gathering from the business, providing transparency into the pipeline and prioritization across the company.
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