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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

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The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

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Period of high financial risk to suppliers on the horizon

Resilinc

A proverb is recited in developing countries to describe how dependent their economies are on the United States: “When the U.S. ” Procurement and supply chain managers should take that adage seriously for the next year to 18 months, given the prospects of a recession in the United States. sneezes, the world catches a cold.”

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How the Semiconductor Shortage Could Have Been Averted

QAD

The good news is, according to an April 2021 survey conducted by Automotive News Research & Data Center , 42% of automakers and parts suppliers say they will change the way they manage supply chain risk due to the current global shortage of microchips. The following is the content contained in the six chapters of MMOG/LE (see Figure 1).

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How to get more from an EAM Implementation - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Asset Management and Dynamic Work Plan- Part II | Main | Oracle based Demand to Deliver Capabilities for High Tech Industries » How to get more from an EAM Implementation.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How Labor Shortages Have Hurt the Supply Chain. How Businesses and Supply Chain Professionals are Responding to Disruption. But, before we dig into the data – let’s start on a positive note: Supply Chain Statistics Show Challenges, but the Industry Remains Resilient. IATA data shows global demand for air cargo markets jumped 3.7%

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Collaborative Platform for Enterprise of Future - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Main | Importance of Proactive Master Data Maintenance in SAP SCM Support » Collaborative Platform for Enterprise of Future. Procurement Blog. Business Process Outsourcing.