Combat Volatility, Economic Uncertainty, and Supply Chain Headwinds
Supply Chain Resilience Through Source-to-Pay Technology and Trusted Expertise
AI’s Evolving Role in Procurement
Addressing the Complexities of Today’s Supply Chain Challenges Through Direct Procurement
Tools and Levers to Build Resilience
Recent years have revealed the fragility in operating models due to single sourcing, geographic concentration, and lengthy logistics routes. To stay competitive, organizations need to become more flexible and resilient.
Technical/Product
Remove complexity and rely on standards, not just in your own final product design but also in the inputs, such as tool design, enabling you to use alternative materials from different suppliers.
Value Chain
Build transparency beyond your first tier suppliers, as problems are just as likely to arise further down the value chain and you must have options should they occur.
End-to-end Planning Process
Put cross-functional teams together relatively quickly when disruptions arise, extending from sales and operations, who have access to vital information in their demand forecasting and planning, through manufacturing and supplier management to procurement.
Financing
Supply chain resilience cannot exist without the freedom to allocate resources not only to respond to disruption but also to adjust quickly once the disruption has come to an end and its impact receded, investing in future growth.
Watch Now: Navigating the Top 7 Direct Procurement Challenges
Click the resource on the right for a look at the biggest industry disruptors today and how your organization can mitigate these risks
Discovering a Competitive Advantage
How to move from a reactive strategy to a preventive strategy
What Success Looks Like
Success Stories
Let's talk about smarter supply chains
Discover how to streamline your procurement process, gain greater visibility into your supply chain, and make data-driven decisions that drive growth and success.
Resources for You
Discover the latest articles, videos, and more on how to build resilient supply chains through Source-to-Pay strategy and technology