Sourcing & Procurement: Build Resilience and Efficiency at the Same Time

Sourcing and procurement teams must evolve from supply chain management to value chain management.

Across industries, sourcing and procurement leaders are expected to:

• Drive cost efficiencies

• Efficiently manage inventories

• Ensure resilient delivery of goods in spite of supply chain disruptions.

Historically, these priorities have generally been at odds with each other. Optimizing for one would come at the expense of the other.

To optimize all three, sourcing and procurement teams must manage and act across their entire value chains. However, it is not possible to illuminate and take command over your global value chains manually, or with existing tools and processes.

Now is the time to take command of value chains.

The increasing frequency and severity of supply chain disruptions – from weather, to regulation, to geopolitical dislocations – leads to higher costs, inventory bullwhip effects, and supply chain interruptions.

As the world becomes more and more volatile, sourcing and procurement leaders must go beyond supplier management to take command of their full global, multi-tier value chains and continue to deliver on their core economic priorities in this changing world.

Altana, the world’s first Value Chain Management System, enables sourcing and procurement teams to manage their value chains from a collaborative control tower of their multi-tier network.

See across your extended supplier and distribution networks to build an integrated picture of capacity, inventory, spend, and material flows across your value chain networks.

Focus on what matters most with AI decision support, from calculating direct and indirect spend across your value chains for enhanced supplier negotiations, to coordinating supply and demand across value chains to smooth bullwhip effects, to real time event monitoring across multi-tier networks, to predicting and simulating disruptions to improve resilience.

Act through a collaborative control tower with internal stakeholders and external value chain partners to design and manage resilient, efficient, and sustainable networks. With value chains that are resilient to disruptions, and not simply inherited from your tier 1 suppliers, your business is in control and strategically positioned to meet commitments to customers, regulators, and investors.