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3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Unlocking Supplier-Led Innovation. Strategies such as China + 1 represent a step in this direction. Extend visibility into sub-tiers.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. HWI uses an innovative way to produce and deliver monolithic products in 55-pound bags. HWI employed a crawl-walk-run methodology.

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Preparing your procurement team for the year ahead?

Proxima

To cut through the often-overwhelming noise in the procurement landscape – from geopolitics to supply disruption, digital to sustainability, and beyond – we consult leading CPOs to get their take on where we should be focussing efforts in the coming year. will be key for CPOs to translate innovation into action. And resilience.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.

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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis.

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Global Trends in the Metal Commodities Industry

Supply Chain Game Changer

Procuring and trading metal is big business, especially if you are in the construction or manufacturing industries. The metal commodities industry is driven by population growth, technological innovation and environmental regulations. China is driving the industry. Technological innovation. Environmental regulations.

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