article thumbnail

Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

article thumbnail

Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do ERP-centric environments help or hurt ProcureTech solution implementation Success?

Procurement Insights

Conversely, companies like Unilever leverage SAP + Ariba harmoniously to drive procurement efficiency, proving the upside when done right. The omission of involvement is a critical observation because most supply chain initiatives have their elemental roots in either an IT or ERP-centric finance department strategy.”

article thumbnail

What are the top 10 procurement predictions for 2030?

Procurement Insights

This integration will streamline strategic sourcing, reducing cycle times and enhancing efficiency. Ensuring data security across the supply chain will become paramount, with procurement professionals playing a key role in safeguarding against cyber threats.

article thumbnail

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! Digital Supply Chain evolve article and permission to publish here provided by Megan R. People often position the digital supply chain as essential for helping today’s businesses succeed. Email Address.

article thumbnail

What’s the Difference Between Blockchain and Supply Chain?

Supply Chain Game Changer

The 5 Levels of Supply Chain Transparency! The phrase “Supply Chain Management” was first coined in 1982. However as awareness and knowledge of the technology has been increasingly understood the words Blockchain and Supply Chain are more often used together. Subscribe Here! Email Address.

article thumbnail

The Oldest Procurement Blogs in the Procurement Industry

Procurement Insights

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Procurement Insights: Broad trends and ethical sourcing guidance for global supply chain management.