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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. 78% engage suppliers more collaboratively than they did 3 years ago.

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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study identified a new approach to supplier management being taken by organizations post-pandemic. About Ivalua.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

Stellantis Senior Procurement Leadership Change. The Detroit Free Press reported last week that global auto maker Stellantis announced a senior supply chain North America leadership change after the automaker was dinged in an unflattering report regarding supplier relations in North America.

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COVID-19: Five things Procurement Leaders need to be ready for post-pandemic

Proxima

Observations from EVP of North America – Dan Colling s, April 13th. During this time, Procurement teams have played a critical role in helping businesses manage these extremely challenging conditions – in some cases, they have enabled businesses to meet vast levels of demand. Procurement sector priorities will change.

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Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

They drive benefits such as improved business planning and improved sourcing, procurement and supplier management. George Fowler, Group Vice President, Spinnaker Supply Chain (North America). Digital twins can measure the impact of events such as port shutdowns and regulatory changes on the supply chain.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Technology companies in North America and Europe are especially dependent on contract manufacturing in China and just-in-time shipments.

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Businesses Responding to High Inflation and Supply Chain Inventory Concerns

Supply Chain Matters

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. cyberattacks.