article thumbnail

The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

article thumbnail

The Value of Refrigerated Transport!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Refrigerated transport is a vital component of global supply chains. To further support how refrigerated transport is so valuable in a global supply chain, below are several more reasons: 1.

professionals

Sign Up for our Newsletter

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

article thumbnail

Nicole Glenn on the Power of Hope and Transforming the Logistics Industry

Let's Talk Supply Chain

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. Just this week, retail brands called for safe travel on the Red Sea amidst growing rates and delays and regional fighting that has cost over $80B in inventory. Yes, don’t forget the pirates.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Neil Southern, 2011).

article thumbnail

Why we need S&OP Vision, Culture, and Language

Supply Chain Trend

Their orientation is on supply chain, but there are needs for S&OP as a business-governing model in other areas. In his experiments on cooperative behaviour, Yochai Benkler (2011) found that 30% of people behave as though they are selfish. S&OP IS OUR END-TO-END BUSINESS MODEL, BUT WE TALK SUPPLY-CHAIN LANGUAGE.

article thumbnail

The ‘Why’ in S&OP: or How to Find More Meaning

Supply Chain Trend

Usually lead and motivated by supply chain who promises a great business governing model, there is some enthusiasm and support from other functions. Simon Sinek’s popularised finding meaning in his 2011 book and Ted Talk ‘ Start With Why ’. million Youtube views and millions of books sold he obviously hit a nerve.

article thumbnail

Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. There are interesting challenges within the AmRest business model at the supply chain level. Finally, Amrest owns its own brand of restaurants (like Blue Frog). Amrest + Ivalua.

e2e 130