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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

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Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?

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How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?

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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

The role that procurement plays in manufacturing organizations is a difficult one. Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

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S&OP Reimagined: Overcoming the New Normal with a Revamped S&OP Process

Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker

The still-persistent effects of the pandemic have made it clear that the skills and tools that characterize traditional S&OP are not enough to respond to unprecedented interruptions.

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Problem Solved: Boost Resilience with Supplier Diversity

Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group

Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. How can a supplier diversity program help you gain invaluable competitive advantages?