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Sustainability in Procurement: Strategies and Challenges

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Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

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Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’.

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Procurement 2022: Out with the Old…In with the New

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Originally published on Inkopers Cafe . Joakim Lundgren is a partner at the Swedish consultancy Stretch and an Advisor and Consultant in the field of Value Chain Management & Development. He is also a Lecturer at the Stockholm School of Economics. .

Friends not Foes, Supplier Relationships Made to Last

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Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets.

Automating Freight Forwarding Processes with CargoWise Workflow

This training guide helps freight forwarders utilize the productivity capabilities of CargoWise. It covers 5 key CargoWise Workflow features, the importance of auditing your operation’s processes, and using automation for maximum productivity.

The Eco-Shortfall: Less than a Quarter of UK Businesses Have Plans in Place to Reduce Carbon Emissions or Adopt Renewable Energy

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Almost all UK businesses say sustainability-led innovation has become a priority, but most lack plans to improve the sustainability of goods and services. London, UK, 22 September, 2022.

It’s Time to Rethink Supply Chain Risk Management

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The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts.

Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

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With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption.

How to Manage Supplier Risk and Performance in an Uncertain Global Economy

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Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products.

SCOPE SUMMIT Procurement and Supply Chain Virtual

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The post SCOPE SUMMIT Procurement and Supply Chain Virtual appeared first on Ivalua

5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

Shockproof Your Supply Chain for the New Age of Disruption

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Carbon Neutrality by 2050: The Net Zero Journey

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As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track.

Net Zero pledges are reaching “critical mass”, but can they cause a Chain Reaction?

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Progress on sustainability is notoriously hard to measure for organizations, but the needle is moving in the right direction.

O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

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Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes.

Getting Started With Scenario Modeling in Supply Chain Network Design

To build your supply chain’s agility and responsiveness, you need to look at scenarios more frequently instead of relying on a single plan. Let’s explore how you can apply scenario modeling in supply chain network design.

Aegion Selects Ivalua to Digitally Transform Procurement

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Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement.

The Future of Supplier Management is Here, and it’s Holistic

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The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management.

Ivalua’s Procurement & Supply Chain Summer Reading List

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The post Ivalua’s Procurement & Supply Chain Summer Reading List appeared first on Ivalua

Delivering Step Change Improvements in ESG Performance

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Environmental, social and governance (ESG) initiatives are rapidly becoming boardroom priorities and companies are increasingly investing in these initiatives to achieve a competitive advantage in the marketplace.

Best Practices to Model Carbon Costs in Supply Chain Network Design

How to model carbon costs in your supply chain design? Make conscious choices by comparing scenarios indicating at which points in the supply chain carbon emissions occur and achieve the right balance between sustainability and cost.

Supplier Diversity Part III: Keeping Pace as an Organization

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In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space.

5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

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Procurement Leaders Webinar. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

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New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency .

What are the best Supply Chain Strategies for 2021

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Supply Chain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak.

Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

Solving complex business problems requires optimization modeling techniques and data to compare scenarios and make the best decisions. With AIMMS you can rapidly build an optimization app on top of your data and deploy it to the end-user in just a few clicks.

‘Emission’ Impossible – 4 Steps to Kickoff your Decarbonization Strategy

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In recent years, sustainability has increasingly become a top priority for many organizations. The UN Climate Change Conference UK 2021 (COP26) resulted in another wave of agreements and net zero commitments.

5 Strategies to Establish Supply Chain Continuity

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Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness.

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It Pays to Partner! Ivalua + C2FO: A Powerful Strategic Payments Pair

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With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . It Pays to Partner! Read our FAQ to get acquainted with our newest C2FO Partner collaboration! Why is this new C2FO partnership important?

Mitigating Risks and Future-proofing the Supply Chain

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This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supply networks from future shocks to the supply chain.

New Research: The State of Supply Chain Network Design in 2022

This report explores how the state of supply chain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice.

Gartner Supply Chain Symposium/Xpo

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

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Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. Session REPLAY. The global supply chain is undergoing an incredible transformation that will change the way we do business.

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement.

#1! Are you a Supply Chain Digital Champion?

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Digital Champion Best Practices. In today’s dynamic business environment, consumer behavior and expectations are changing dramatically. As the demands on supply chains continue to increase, so do the expectations of consumers.

Supply Chain Strategy (And Why Yours Isn't Working)

Speaker: Michelle Meyer, Founder and CEO of MatterProviders

Michelle Meyer is here to walk you through the future of supply chain strategy, and why your current approach is probably not working. In this exclusive webinar, she will explore ways to develop and perfect your new supply chain strategy in this post-pandemic era of uncertainty.

Is Your Procurement Data Fit for Purpose?

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Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. The 2021 report marked the fifth time they have completed this study and released the results.

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Part II: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

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Part 1 HERE. Amrest, a restaurant operations leader in Europe, has shown growth and resiliency despite economic downturns. By bridging their finance gaps, their business as seen significant growth and expansion. .

Five Strategies to Establish Supply Chain Continuity

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APAC Study: Mitigate Logistics and Supply Chain Disruptions

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The post APAC Study: Mitigate Logistics and Supply Chain Disruptions appeared first on Ivalua

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Gain a Competitive Edge: The Importance of a Supplier Diversity Program

Speaker: Rod Robinson, SVP of the Supplier Diversity Practice, Insight Sourcing Group

In this exclusive webinar, Rod Robinson, SVP of the Supplier Diversity Practice Lead & Center of Excellence at Insight Sourcing Group, dives into the key benefits corporations are seeing emerge from their supplier diversity programs, and how you can gain unique competitive advantages with a supplier diversity program of your own.