ViewingSupply Risk Management

Articlespage 1

The new Safe Supplier Operating Standard: ‘An industry-wide standard for excellence’
September 27, 2021 |Nancy Clinton

At the beginning of September, the supply management specialist State of Flux (SOF) launched the Safe Supplier Operating Standard. This is a global standard (methodology and process) developed to help organizations verify that their suppliers are prepared to operate during Covid-19 and other volatile environments without causing further supply chain disruption or breaching employee human…
Supply chain mapping and n-tier visibility for sustainability: Wholechain — ‘There is a growing consumer focus on ESG claims’
August 17, 2021 |Nancy Clinton

It’s all very well claiming to have visibility along your supply chain, but you have to be able to validate that. And if you are going to claim it, then you need full-tier visibility, from first mile to last. This summer, Spend Matters is exploring the topic of ESG and sustainability and how it relates…
Procurement in Practice recap: Being the CPO — the view from the top (Part 2)
August 10, 2021 |Nancy Clinton

Last year, we began the Procurement in Practice column — a foray into the everyday life of the chief procurement officer. We talked to (and will continue to speak with) CPOs from industries as diverse as Eastern European public sector rail, US third-sector humanitarian organizations, UK academic press, and large, well-known private corporations from all…
Western Europe flash flood alerts higher than the average worldwide for H1 2021, riskmethods says
July 28, 2021 |Spend Matters Team

The heavy rain in Western Europe has generated more water than what ground and sewage systems can absorb, flooding has forced domestic evacuation and industrial areas to shut down. Widespread disruption to logistics and manufacturing operations across Belgium, Luxembourg, parts of the Netherlands, and western Germany has ensued. A report by Everstream Analytics highlights some…
Unconventional Wisdom: SRM — Does it really matter as much to the supply chain as it does to procurement?
July 6, 2021 |Nancy Clinton

Does supplier relationship management (SRM) as a business discipline really matter? Why does it matter to the supply chain, or the supplier, or the buyer? Why does it matter right now? Surely in terms of value generation — for the supplier, for the buyer, for procurement — what matters is innovation, sustainability, digital, resilience, agility,…
How to weather the manufacturing supply chain’s risk storm
June 28, 2021 |Nancy Clinton

While certain data point to a resurgence, nay boom, for the manufacturing industry this summer, the supply chain is currently brewing up a storm of disruptions that could set it back, according to the CEO of LeanDNA, Richard Lebovitz. As the manufacturing sector, the factories within it and their supply chains become ever more complex,…
Deloitte and Coupa discuss how CPOs are leading the way on agility
May 25, 2021 |Nancy Clinton

Recently two leading organizations from a) a procurement transformation and b) a procurement technology perspective got together to talk through what they’re seeing with their customers regarding how digital is fundamental to making their business operations resilient, and how “agility” is core to making this happen. Deloitte Consulting and Coupa Software talked with Spend Matters…
Spend Friends podcast: Supply chains need offense and defense to monitor risk, CEO Gary Lynch says
April 19, 2021 |Sally Ehrmann

Offense and defense aren’t just terms relevant to sports. Business organizations are also looking for strong offense and defense in their supply chains, according to Gary S. Lynch, the CEO and Founder of The Risk Project. Although this type of offense and defense is related to cost and value rather than a baseball situation, like…
Defining and digitizing direct procurement (Part 2) — More on direct materials sourcing——(箴内容)
March 25, 2021 |Pierre Mitchell

In the previous installment of the introduction into the direct materials sourcing area (which itself is part of a broader direct procurement landscape), the focus was on direct spend analytics and design collaboration & early supplier involvement/innovation. In this Spend Matters PRO installment, the focus will shift toward the next five areas, which move from…
UK government gets vaccine procurement right — What can we learn?
February 23, 2021 |Guest Contributor

Spend Matters welcomes this post from Peter Smith, procurement expert and author. The UK government has taken a lot of flack over the past year in terms of its Covid pandemic-related procurement. However, in one spend area, the UK appears to have outperformed most countries, including the member states of the European Union. That is…
Aligning procurement and payables — The why and the how
February 15, 2021 |Spend Matters Brand Studio

For decades business has been talking about how procurement and finance must work closer together and the benefits of doing so, like improved decision making, better demand planning, a greater understanding of the vendor landscape, and faster, more efficient workflows. That’s because they both touch all areas of the business; they both see across all…
Silver linings from the pandemic — an analyst’s eye on procurement and supply chain predictions for 2021
January 12, 2021 |Magnus BergforsandNancy Clinton

刚刚完成了一系列procur花费问题ement and supply chain predictions for 2021, with commentary from about 20 leading procurement technology and intelligence providers. Together their foresight runs to 60+ predictions, with the majority of providers unsurprisingly backing supply chain risk mitigation as the forerunner to get firms through 2021 and beyond. Certain…

Older

SKU/Supplier Standardization in Procurement: Simple Best Practices:Diana Dengsaid : it is very important for standardnization. Combine volumn, increasing bargin power...

A History of Purchasing: From “Materials Men” to Today (Part 1: 1850s - WWII):Diana.Dengsaid : Purchasing play important role for company, for cost control, for VAVE change, risk control, marketi...

A History of Purchasing: From “Materials Men” to Today (Part 2: 1950s - Present):Diana Dengsaid : Purcahsing is very important for company, especialy for compliance, cost control, risk management, s...

A partner-first strategy is the future of procurement at Jaggaer:Adrianasaid : Esta bien...

Women in Procurement Wednesday: Angie Claeys on gaining confidence through learning your craft:The Brands Infosaid : Thanks for sharing this information. This is really a informative article....