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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning. Considering automation for operations like manufacturing, raw material sourcing, distribution, and delivery is a good idea.

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Introducing EventWatchAI 5.0: 100M New Sources, Near Real-Time Reporting

Resilinc

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. Many of these new sources are small, medium, and large news outlets from outside the US: over 200 countries in 108 languages. Below is a look at the visual branding changes: EventWatch AI 5.0:

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Evaluating each step of the procurement process, identifying pain points, and seeking opportunities for improvement should also help to streamline workflows, eliminate bottlenecks, and establish clear guidelines for future operations. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

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Staying Ahead with Advanced Analytics in Supply Chain Management

Logility

Are your current supply chain systems sufficient to leverage new data sources and enable advanced analytics? Use the above guidelines to ensure your organization has adequate infrastructure in place to support your analytics expansion. Can you, and are you willing to, automate routine analytic activities?

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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

This support and partnership can come in the form of regulatory action, guidelines and targets, or nongovernment organizations (NGO). As more and more organizations, countries, and cultures embrace diversity programs, unique certifications and data sources will increase exponentially. Agile Procurement in Canada.

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Achieving Compliance with European Banking Authority (EBA) Guidelines on Outsourcing

ivalua

The revised European Banking Authority (EBA) Guidelines on Outsourcing came into effect on September 30 th of 2019. They update former guidelines on the subject from 2006 and specifications on cloud services outsourcing from 2017. Most IT and cloud services do. Failing to do so would imply severe consequences: . General principals.