Cerasis

NOVEMBER 19, 2018

But there are some risks. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Supply Chain Risk Management 176

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ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. Understanding Supplier Risk Management.

Risk Management 109

Risk Management Supply Chain Risk Management Supply Chain Disruption Procurement 109

Cerasis

APRIL 30, 2015

This post is the second in a series of “How to Spot Supplier Risk.” ” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Enhancing Supplier Risk Management Through On-Site Evaluations. The second article in our series on identifying supplier risk explores what to look for during on-site evaluations.

Risk Management 243

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ivalua

FEBRUARY 10, 2020

This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain. While many leading organizations have developed programs to manage and deal with supply chain disruption, this situation is a unique challenge for even those organizations with advanced risk management programs.

Risk Management 100

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Enterra Insights

OCTOBER 17, 2019

You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supply chain risk management process.[1] ” It is fair to say that companies using pre-digital age risk management processes may not be taking risk management seriously enough. Digital age risk management tools.

Supply Chain Risk Management 100

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Bristlecone

FEBRUARY 26, 2020

In our global economy, extreme complexity exists in today’s supplier management function, and there is great risk to supply chain continuity, particularly when little to no visibility exists. What are the financial, geopolitical, IT and supplier capability risks? What can poor supplier management lead to – and how do you prevent it? This white paper answers these questions and outlines strategies for supplier management and risk mitigation.

Risk Management 40

Risk Management Supplier Management Supply Chain Disruption Survey 40

Logistics Viewpoints

DECEMBER 16, 2015

We are entering an era where it is becoming possible to detect supply chain risks much more quickly. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […]. Supply Chain Risk Management Procurement/Sourcing Supply Chain Visibility supply chain sourcing Risk AGCO

Case Study 124

Case Study Supply Chain Risk Management Risk Management Study 124

Supply Chain Game Changer

JUNE 16, 2020

In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. Supply Chain Professionals, although not usually theatrical, also work in an environment in which they are managing a tremendous amount of risk. Supply Chain Risk Management.

Risk Management 46

Risk Management Supply Chain Risk Management Forecasting Reverse Logistics 46

Supply Chain Movement

MARCH 16, 2016

Supply Chain Risk Management Forum. URL: www.bisgrp.com/portfolio/conferences/other/supply-chain-risk-management-forum. Managing risk within supply chains is becoming a growing issue that merits focused attention because most organizations are facing significant challenges and they need to adopt a proactive approach towards managing these risks in order to reap competitive advantage through their supply chains.

Supply Chain Risk Management 65

Supply Chain Risk Management Risk Management Netherlands Pharmaceutical 65

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. 1.Investing in Procure-to-Pay solutions is seeing the bigger picture. Procure to Pay Uncategorized

Procurement 130

Procurement Software KPI Policies 130

ThroughPut

OCTOBER 1, 2020

What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is defined as the process of taking those strategic steps which can help manufacturers identify, analyze, assess, and finally mitigate the risk in the end-to-end supply chain.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Manufacturing Analytics 52

All Things Supply Chain

OCTOBER 29, 2018

Procurement and supply chain management are logical functions. Work through a process, and you can bring spend and transactions into a managed state. Apply a framework and you can bring… Supply Chain Management risk management supply chain management supply chain transparency

Policies 46

Policies Risk Management Supply Chain Risk Management Procurement 46

Enterra Insights

OCTOBER 10, 2018

” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. Lillian Ablon, an information scientist at the RAND Corporation, told Koebler and Cox, “Supply chain risk management is difficult enough for conventional threats (disruptions in operations caused by natural disasters, financial failures, poor quality, etc.).

Supply Chain Risk Management 100

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Enterra Insights

JUNE 12, 2018

Supply chain risk management teams know the world is full of challenges and complexity. Trying to prepare for every potential risk to supply chain operations is impossible; nevertheless, some preparation must be made in order to prevent or mitigate significant disruptions to operations. As more and more companies transform into digital enterprises and implement digital supply chains, cybersecurity has risen near the top of the risk management priority list.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Analytics Exercises 100

Enterra Insights

APRIL 4, 2018

It has also always had issues: supply chain complexity; global competition; information collection challenges; and greater risk from global events including natural disasters, port closures and anti-global sentiment. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.”

Risk Management 100

Risk Management Exercises Security India 100

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement. Most of the focus in the last decade was on indirect procurement. The opportunity is in the management of direct procurement. It is fall.

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Risk Management Procurement Manufacturing Comparison 278

Supply Chain Shaman

AUGUST 11, 2015

One of my favorites was the board game Risk. ” The rules have changed, and the risk increased. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks. This increases risk. Historically, the risk management focus was to reduce insurance costs. What is Risk Management? Not All Risks can Be Prevented.

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Supply Chain Movement

FEBRUARY 2, 2016

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply, in association with Chartered Institute of Procurement & Supply, has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Automation. Internet of Things (the impact on procurement). Risk Management & Legislation.

Procurement 60

Procurement Internet of things Conference Metrics 60

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit will provide: Educational seminars on the latest industry issues. Procurement Metrics.

Procurement 60

Procurement Internet of things Case Study Education 60

Supply Chain Movement

AUGUST 31, 2016

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. eWorld Autumn 2016 will take place at the QEII Centre central London on Tuesday 27th September and will focus on hot topics such as: Brexit: How to Prepare and What Does it Mean for Procurement?

Procurement 60

Procurement Internet of things Metrics Sustainability 60

Supply Chain Shaman

SEPTEMBER 13, 2018

Plot Your Supply Chain Risk. There are also the non-obvious risks Inland rivers are swollen. While most think of risk management as a set of supply side impacts, the issues of sensing and translating demand are even greater as risk for most companies. Risk Management Issues. Procurement Risk management Uncategorized disruption hurricane readiness risk management transportation

South Carolina 167

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Supply Chain Movement

APRIL 23, 2015

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. The UK’s most comprehensive business forum for Procurement, Sourcing and Supply Chain Technologies. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Improving collaboration across the enterprise Stakeholder engagement and change management.

Procurement 69

Procurement Conference Trends Strategy 69

Resilinc

MARCH 26, 2020

supply chain risk management SCRM Best Practices supply chain resilience supply chain risk Supply Chain Impact business continuity coronavirus update supply chain delays coronavirus impact The exchange

Procurement 48

Procurement Supply Chain Risk Management Risk Management Supply Chain 48

ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Next month, on May 5 th and 6 th , I’m looking forward to what looks like an interesting and worthwhile virtual Procurement conference – Ivalua NOW 2020 Virtual Edition. . Do you remember the days when we used to attend these things called “conferences”?

Procurement 30

Procurement Conference Government Innovation 30

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Maybe we are camouflaging procurement with language: if no-one else understands what we do (or say) we will be safe from being replaced or consumed by other functions.

Procurement 66

Procurement South Africa Africa Sourcing 66

ivalua

MARCH 31, 2020

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. 31 March, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. The post Ivalua Study: Tech Challenges Hinder Procurement appeared first on Ivalua

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Study Procurement North America Europe 100

Cerasis

APRIL 15, 2020

Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. Risk Management Supply Chain risk in the supply chain

Metrics 156

Metrics Procurement Capacity Supply Chain 156

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. Redwood City, CA – November 12, 2019 – Ivalua, a global leader in spend management , today announced the release of an enhanced third-party risk module, called Risk Center, available as part of its latest product release. The global supply chain is a breeding ground for hidden sustainability and CSR risks.

Risk Management 20

Risk Management Sustainability Procurement Global 20

ivalua

MARCH 14, 2019

Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. The question is then How can Smart Procurement help the Modern CPO to be successful and manage today’s uncertainty? Author Yasmine Brisson , EMEA Marketing Manager, Ivalua.

Procurement 100

Procurement Capacity Sourcing Innovation 100

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Check out this list of 25 Procurement and Purchasing questions and answers. What is risk management?

Procurement 66

Procurement Metrics Sourcing Comparison 66

EcoVadis

JANUARY 8, 2015

Now more than ever, risk management is a vital part of the procurement function, and hence the CPO’s responsibilities. What are the potential costs of failure for your company when it comes to supply chain risks? According to the 2013 Sustainable Procurement barometer developed by HEC/Ecovadis, risk management remains a critical driver with 80% of companies implementing a “Code of Conduct” and 58% focusing only on high risk suppliers.

Supply Chain Risk Management 40

Supply Chain Risk Management Risk Management Sustainability Metrics 40

Supply Chain Game Changer

FEBRUARY 5, 2020

As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. To top it off, there’s only 27% percent of procurement leaders considering AI/Cognitive technology, and 55% who haven’t considered it at all. AI + Data = Supply Chain Risk Management. Subscribe Here! Email Address.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Data Procurement 52

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. It’s important that procurement teams take into account the new risk reality and challenges that face them, their organizations and their value chains.

Procurement 58

Procurement Kentucky Benchmarking Sweden 58

Talking Logistics

NOVEMBER 23, 2015

Robinson , will discuss the following trends and questions: Economic Growth : How to manage costs in a slow-growth environment? Transportation Market : What are some creative solutions to managing transportation spend and capacity more effectively? Bid Season : How do you plan and execute a successful procurement event? Risk Management : Is outsourcing a risk management strategy? Live Episode: Thursday, December 3, 2015 at 12:00 pm ET.

Trends 122

Trends Logistics Capacity Risk Management 122

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age. Automation is focusing on risk management, driving innovation, improving cash and increasing revenue.

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Procurement Automotive Benchmarking Innovation 130