ivalua

JANUARY 8, 2023

In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain. This includes assessing the environmental and social impacts of their operations, as well as the working conditions of those involved in their supply chain.

Supply Chain Design Software 244

Supply Chain Design Software Optimal Sourcing Supply Chain Software Procurement 244

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Diversifying suppliers is necessary for meeting consumer demand and achieving supply chain resilience. Although supply chain managers have traditionally minimised the number of suppliers in their network to reduce operational and logistical complexity, this strategy is not equipped for unexpected disruptions.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Assessing Risk across the Supply Chain.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

AUGUST 24, 2023

In the latest WEF Global Risks Report , the authors note, “Present and future risks can interact with each other to form a ‘polycrisis’ — a cluster of related global risks with compounding effects, such that the overall impact exceeds the sum of each part.” What are the Risks? Who are its suppliers? 3] They are: 1.

Risk Management 246

Risk Management Supply Chain Planning Software Vendor Strategies Supply Chain Software 246

DELMIA Quintiq

APRIL 21, 2020

Typically, companies face two kinds of risks: Everyday risks and exceptional risks. Everyday risks are relatively easy to identify and manage. Exceptional risks, sometimes called black swan events, are situations that are not expected and are almost impossible to predict. End-to-end visibility. Quick recoveries.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

ivalua

JANUARY 31, 2023

This puts the Procurement function in a central role towards establishing a transparent emissions baseline using reliable data and collaborating with suppliers on carbon savings plans to meet reduction targets and for reporting and risk assessment. They can use these models to focus on high-emitting categories and products.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

ivalua

SEPTEMBER 14, 2022

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 also found that suppliers will be vital for successfully ensuring supply continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

ToolsGroup

JUNE 17, 2021

Today distributors are navigating increasingly unpredictable supplier lead times and availability. Smart planning alleviates risk of distribution supply uncertainty. Better planning helps distributors maintain service levels amid supply constraints and mitigate risk of future supply disruptions. Right-sizing inventory.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Logility

APRIL 29, 2021

Lack of supplier insight can result in your organization violating government regulations; working with providers who don’t share your company values; or getting caught up in trade embargoes, sanctions, and labor and social justice issues. It’s all about mitigating risk. Assess Your Current Process. The Costs of Non-Compliance.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

ivalua

NOVEMBER 28, 2022

Supply continuity has been left on life support after repeated blockages and restarts, resulting in supplier failure and organisations struggling to onboard new suppliers to kick-start supply. This is essential for continually assessing risk exposure, building a complete view of your supplier ecosystem and sharing information.

Supply Chain Disruption 279

Supply Chain Disruption Supply Chain Planning Software Gartner Agile and Lean Supply Chain 279

Resilinc

FEBRUARY 5, 2024

Learn how implementing an Enterprise Risk Management framework can help your company on the journey to operational resilience. Businesses have started to see risk management as a necessary facet of running a successful company. market size for risk management was valued at $0.44 market size for risk management was valued at $0.44

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98

Enterra Insights

OCTOBER 26, 2023

He explains, “We advise clients to focus on investments that will give the best resilience returns, given their risk profile. ”[2] He adds, “Businesses must develop strategies that focus on risk management, agility, and flexibility. .” .” What does Kay advise? He suggests using a bit of common sense.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

QAD

JANUARY 18, 2024

In the dynamic realm of the automotive industry, the importance of risk management has reached new heights, compelling us to revisit and enhance our insights. Tier 1 suppliers, in particular, navigate heightened risks due to a lack of transparency and control over lower tier suppliers.

Risk Management 96

Risk Management Automotive Material Savings Supply Chain Planning 96

AIMMS

JUNE 16, 2020

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Strategic Network Investments .

Modeling 361

Modeling Network Design Software Scenario Planning Network Design 361

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity. On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

ivalua

JULY 14, 2022

Moreover, companies slow to modernize face serious business risk as 90% of procurement leaders indicate that supply chain problems are a greater threat than competitive market dynamics by nearly 2 to 1. Notably, 71% of procurement leaders say they’ve had a supplier take advantage of supply chain problems to unjustifiably increase prices.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

ivalua

SEPTEMBER 22, 2022

The success of any transparency strategy relies heavily on building a solid data foundation, particularly when it comes to suppliers. Ensure 360-Degree Supplier Visibility. You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier. Take a Portfolio Approach to Category Risk.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

Logistics Viewpoints

OCTOBER 10, 2022

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial. targetP!

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Enterra Insights

AUGUST 29, 2023

2] With the world in a state of constant turmoil, supply chains risks abound. Whether it is a hurricane or factory fire, new trade regulation or an unexpected supplier bankruptcy, much of how products are made and moved happens outside of our control.”[2] Did we take on too much risk?'”[4]

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

ivalua

APRIL 13, 2021

Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Resource Reduction 130

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . The Message Center is an embedded chat functionality that will enable collaboration and contextual discussions amongst internal users and suppliers.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Procurement Solutions Gartner 130

Resilinc

MARCH 26, 2024

In this blog, we explore the different types of predictive AI models for supply chain risk management. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Instead, the company should be predictive rather than reactive.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Enterra Insights

MAY 27, 2021

Despite all our modern inventions, we haven’t been able to eliminate risk from our lives. That’s why business professionals pay close attention to risk management. ”[1] Even company executives who believed their firms had a robust risk management plan, found the pandemic uncovered areas of weakness.

Supply Chain Planning Software 130

Supply Chain Planning Software Gartner Supply Chain Strategy Supply Chain Planning 130

Precoro

JANUARY 29, 2024

That’s why developing an exhaustive procurement management plan is not just a strategic move to keep spending under control and mitigate financial risks ; it's also a necessity for navigating the complexity of changing markets and ensuring the uninterrupted flow of business operations. Risk assessment.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Logistics Viewpoints

AUGUST 29, 2022

Supply Chain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. AGCO’s risk notification and visualization solution came from riskmethods.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

ivalua

AUGUST 21, 2022

Among these practices are supplier identification through sourcing, relationship management, and reporting. Notably, 43% of our respondents also identified visibility into their sub-tier suppliers as an important strategy. An inflated assessment of where you stand today reduces the motivation to improve tomorrow.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

HICX Solutions

NOVEMBER 16, 2023

Learn all you need to know about supplier risk management with our comprehensive guide that’ll help ensure your organization identifies & manages risks. Benefits of SRM: Boost your organization by identifying and averting supplier risks for a resilient supply chain.

Risk Management 52

Risk Management Vendor Strategies Predictive Analytics Supply Chain Software 52

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua. 212-239-8594.

Optimal Sourcing 130

Optimal Sourcing Report Supply Chain Software Gartner 130

SupplyShift

OCTOBER 11, 2023

Biodiversity Assessment Are you struggling with the complexities of biodiversity reporting and looming regulations? GAUGE SUPPLIER MATURITY Utilize Supplier Maturity Scores to assess your vendors’ preparedness and efficacy in managing biodiversity impacts. trade restrictions. trade restrictions.

Material Savings 64

Material Savings Vendor Strategies Resource Reduction Supply Chain Design Software 64

Logility

DECEMBER 14, 2021

Effective governance requires real-time data to improve sourcing decisions, create and nurture a strong supplier network, and provide the transparency consumers demand. Manage corporate responsibility assessments as well as audits that relate to working conditions and environmental impacts. The Importance of a Good Strategy.

Supply Chain Planning Software 199

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 199

ivalua

JULY 13, 2022

Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling risk management, and also expected to contribute to the organization’s sustainability initiatives. . Supplier Selection.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Taulia

NOVEMBER 14, 2021

Complex supply chains, by their nature, always involve an element of risk. Given that global supply chains, and the complexity that comes along with them, are increasingly common, supply chain risks are more important to consider than ever before. What is supplier risk? Types of supplier risk.

Vendor Strategies 98

Vendor Strategies Sourcing Strategies Resource Reduction Supply Chain Planning Software 98

ivalua

JUNE 17, 2022

In this regard, monitoring supplier performance, compliance, and the flow of materials from the lowest tier of supply to the end consumer is key to promoting end-to-end visibility. This level of flexibility can be achieved with a comprehensive technology stack, a roster of alternative suppliers, and ready access to key data.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 130

QAD

MAY 4, 2023

The Automotive Industry Action Group (AIAG) and Odette International released the sixth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment on April 1, 2023. Supplier relationship management is key moving forward. batteries, semiconductors, lidar).

Supply Chain Planning Software 96

Supply Chain Planning Software Automotive Material Savings Scenario Planning 96