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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

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Trade Rules are Increasingly Environmental, Social and Governance Rules

Logistics Viewpoints

Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules. Typically, North America and other regions eventually create similar rules.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

What Will Impact Procurement Processes in 2021? The research encompasses organizations across industries and sectors, with focus on North America and EMEA. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

From the array of presentations shared during the conference, I have distilled several key insights: Fostering Collaboration: Disruptions, such as UAW strikes, COVID-19, and chip shortages, have become the new norm, occurring with greater frequency and magnitude.

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How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. The maximum MSRP for those products is $80,000. That’s right.