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No Time Like the Present

Supply Chain Shaman

While one might argue that the availability of better data and insights can help companies make better decisions, let me share why I struggle with the analogy. The issues of process latency—a company’s ability to align on data to make a decision—are greater with the heightened levels of disruption. See the pattern?

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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Fines of up to €8 million .

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Making Procurement Autonomous: Embracing the Future in the Present

Jaggaer

For more, and to learn about all four steps of the autonomous procurement process, register for our webinar, “ Four Steps to Autonomous Procurement “ In modern procurement teams, many are wondering what will happen when AI technology is truly integrated into purchasing systems. Where Most Stand Today .

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.

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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. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing.

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How Green Supply Chain Strategies will help your Company Grow

ivalua

A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. How can large companies address sustainable Supply Chain strategies?