Spend Matters

SEPTEMBER 19, 2023

For example, the 2011 Tohoku earthquake and subsequent tsunami in Japan upended automotive supply chains across the globe, with car part facilities temporarily shutting down in the United States, Thailand, the Philippines and Indonesia. Besides natural hazard events, catastrophes caused by disease can also be debilitating.

Supply chain 93

Supply chain Supply chain resilience Supply Risk 93

Zycus Cognitive Procurement

DECEMBER 9, 2020

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The increased complexity of supply chains and global nature has expanded the scope of supply chain risk management.

Risk management 52

Risk management Risk Suppliers Management 52

Empowering CPO

JUNE 9, 2023

Procurement metrics can cover a wide range of aspects, from cost-saving measures to supplier performance, and are crucial for making data-driven decisions. These metrics are typically data-driven, ranging from numerical values like cost savings, to more qualitative assessments like supplier reliability and product quality.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Arkestro

JULY 18, 2022

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. The good news is that these two goals are not mutually exclusive—in fact, sustainability can be a big part of building a more resilient supply chain. .

Supply chain resilience 52

Supply chain resilience Sustainability Supply chain Supply 52