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Aker BP Goes Live with Ivalua to Digitalize Source-to-Contract (S2C) and Supplier Management

ivalua

Aker BP is listed on the Oslo Stock Exchange and is one of the largest independent listed oil companies in Europe. Global Media Contact Corporate Communications media@ivalua.com The post Aker BP Goes Live with Ivalua to Digitalize Source-to-Contract (S2C) and Supplier Management appeared first on Ivalua. Learn more at www.ivalua.com.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Europe Energy Crisis On February 5 th , 2023, EU banned Russian refined product imports—severing ties with its biggest external diesel supplier.

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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. I also looked at changes in exports by the US, Europe, and China. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. I see that as a positive. I don’t see that as a positive.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

For example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply. The port serves as a gateway for exporting coal to Europe, Asia, and South America, as well as importing coal from Canada and Colombia.

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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Europe relies on Russia for around 35% of its natural gas. Increased input costs: Russia is the second largest crude oil supplier in the world.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Ivalua CEO and Founder David Khuat-Duy and Ian Thompson , VP of Northern Europe kicked off the day with an introduction. They asked, what can organizations do to optimize their strategic sourcing processes? Sustainability and responsible sourcing were also central topics at the symposium. The answer is simple – automation.