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Celebrating the 40th Anniversary of Supply Chain Management! (Or is that 4,000 years?)

Supply Chain Game Changer

It includes strategy, planning, end to end operational management from suppliers through to internal operations through to end customers. It was only in 2020, 38 years after the origin of the term, that “Supply Chain” became known in virtually every household in the world.

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Supply Chain Issues: Causes, Impacts & Mitigation Strategies

Finale Inventory

These disruptions translate directly to business pain: rising procurement costs, delayed order fulfillment, and lost Amazon Buy Box positioning when inventory becomes unreliable. Meanwhile, tier-2 supplier failures create cascading disruptions that are often detected too late, highlighting the need for multi-tier visibility.

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What is supply chain resiliency?

IBM Supply Chain Blog

Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex. One overarching lesson supply chain leaders have learned is that customers increasingly want full visibility of supply chains from inventory to last-mile logistics.

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Business process management (BPM) examples

IBM Supply Chain Blog

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

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The 10 Hottest German Procurement Startups

Procurement Software

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Key Data: Founder / CEO: André Petry Date Founded: 2020 Visit Tacto profile in our Software Finder 6.

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Decision Cycles & Decision Types In a 2020 Foresight article , I highlight the different horizons in common business planning cycles and how they are related. 2% of managers apply best practice decision methods.

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Don’t let the shipping container crisis ruin Christmas this year

IBM Supply Chain Blog

Ed Desmond, Executive Vice President of the Toy Association, says that more in-person shopping is expected this year than compared to the 2020 holidays, when the country was in the middle of a deadly winter surge of the coronavirus. Worldwide eCommerce retail sales in 2020 were 4.28 Prepare for more in-person shopping. IBM Sterling.