Remove Inventory Remove Procurement Solutions Remove Supply Chain Risk Management
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Make Strategic Commitments During Supply Chain Disruptions During crises such as semiconductor shortages or other supply chain disruptions, make firm, long-term commitments to suppliers.

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No Balloons Needed: Practical Moves to Navigate Tariff Volatility

Logistics Viewpoints

So, what can supply chain leaders do right now? Instead of broad, theoretical solutions, we need to go deeper and identify the tangible levers companies can pull to adapt. Establish inventory reserves in key markets to avoid supply chain disruptions.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. There can be multiple reasons.

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Supply Chain Risk Management in 2021 and Beyond

Unleashed

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks. Analyse the risk.