article thumbnail

Factoring Risk & Business Continuity into Holistic Supplier Management

Jaggaer

This is an issue we discuss at some length in our recently published white paper, Holistic Supplier Management: Orchestrating the Procurement Function for Maximum Benefit. It is not the level of spend or the tier level of a supplier that makes it strategic to your business.

article thumbnail

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

ivalua

But to address this, organizations must learn to collaborate more effectively and build a strong foundation with suppliers to ensure supply chain continuity.”. The study identified a new approach to supplier management being taken by organizations post-pandemic. About Ivalua.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. 67% of respondents say it is limiting their ability to gain insights into spend and supplier management. please visit: [link]. About the study. 0207 436 0420.

article thumbnail

5 Steps Towards Modernizing Supplier Management

ivalua

In fact, a recent study from Forrester Consulting commissioned by Ivalua identified only 13% of businesses as leaders when it comes to supplier management, defined by Forrester as having formal programs that are broadly applied across the supply base. Business leaders must adopt a new, holistic approach to supplier management.

article thumbnail

What Makes a Supplier “Strategic”? Not Spend Volume.

Jaggaer

Leverage your supplier management for maximum benefit with the white paper: How to Achieve Holistic Supplier Management. Strategic Supplier Management. Supplier ecosystems are increasingly diverse. Holistic Supplier Management. This puts suppliers into one of four boxes.

article thumbnail

Forgotten About This in Your Annual Supplier Meetings?

Jaggaer

Orchestrate your supplier management for maximum benefit. Download the white paper, “ How to Achieve Holistic Supplier Management.”. See a supplier meeting as an opportunity. Price structure is one thing, but you also need to think about the overall performance of your supplier.

article thumbnail

What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

You can also find templates for various procurement roles such as Director of Procurement, Category Manager, Procurement Performance Analyst, Procurement Operations Manager, Contract Management Analyst, Supplier Management Analyst, Master Data Analyst, and PO Administrator by clicking on the button below.