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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.

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

SCMDOJO

Implementing tracking technologies such as barcodes, RFID, and blockchain provides granular data that enhances both forecasting capabilities and overall supply chain visibility. Nearshoring and establishing regional supply centers can reduce dependency on distant sources and enhance responsiveness.

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Procurement industry conferences, trade wars and Black Swan events – 2025 to 2030

Procurement Insights

20112015: Rising Professionalization Events like Gartner Supply Chain Symposium/Xpo and World Procurement Congress (nearing its 21st year by 2025) gained traction. ERP systems) and supply chain visibility needs. 2010 | 4 2011 | 4.5 Economic recovery post-2008 spurred interest, though data is anecdotal.

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How is outsourcing impacting IT investments in the pharma supply chain?

The Network Effect

Supply-chain visibility is an important if not essential enabler for the more advanced outsourcing approaches; therefore, IT investments and outsourcing must be considered simultaneously.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. If you’re seeking to take greater control over your supply chain visibility and ESG compliance, reach out to us to learn more about our supplier sustainability applications.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. If you’re seeking to take greater control over your supply chain visibility and ESG compliance, reach out to us to learn more about our supplier sustainability applications.

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Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

Posted on August 22, 2011 (Original post date May 2007) Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology – The Emergence of the Metaprise Each day for the next seven days I will be posting parts 1 through 7 from what is considered to be one of the most popular series in the Procurement Insights Blog’s history.