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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

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IT Procurement: How to Purchase IT Products and Services Effectively

Precoro

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. Moreover, information technology enables remote work and open communication between different departments. What is IT procurement?

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

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IOT for Supply Chain Tracking

The Logistics & Supply Chain Management Society

The cost of internet-connected devices has also dropped significantly making IIoT solutions more affordable at scale. Modern cloud-based solutions offer cost effective analysis of data and require no infrastructure setup, enabling faster adoption of new technologies. Deliver a delightful purchase experience to end customers.

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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Let’s take a closer look at the current problem and its possible solutions.

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Predictive AI vs. Generative AI in Supply Chain Management

Resilinc

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.