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Meanwhile, tier-2 supplier failures create cascading disruptions that are often detected too late, highlighting the need for multi-tier visibility. Common supplychain issues like SKU stock-outs directly impact customer satisfaction and revenue.
Subscribe to SupplyChain Game Changer. SupplyChainVisibility Has Never Been More Important! SupplyChainvisibility article and permission to publish here provided by Adam Miglio. And the limitations in supplychainvisibility seem to start right here. Subscribe Here!
Over the course of our brand new four-part series, we’re going to talk about why optimized and actionable data is more powerful than mere visibility; and why organizations need good data, not lots of data. What are the barriers to achieving true end-to-endvisibility? You have to give them the visibility.
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. When Covid-19 hit, supplychains across the globe nearly came to a halt. Procurement Teams Step-up.
SupplyChain Systems article and permission to publish here provided by Dave Joseph at veridian.info. E-commerce will continue to grow significantly through 2020 and beyond. Without collaboration, omnichannel supplychains would cease to exist, returning to their stale, siloed management styles.
After the initial supply shocks to certain commodities (think the toilet paper shortages of March 2020), consumers under lockdown began radically changing their spending habits in the medium-term to correspond to a shifting way of life. Prioritizing supplychainvisibility.
between 2018–2023 (MarketWatch 2020). More than $500M of venture capital was invested in procurement technology startups over the previous 6 years (Digital Procurement World 2020). Lack of Visibility Beyond Tier 1. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.
It’s certainly been an interesting past few months in the container shipping industry; from the upcoming IMO 2020 Low Sulphur Fuel requirements, Brexit (Yikes!), Their strategic partner Zim takes slots on 2M’s trans-Pacific service, while HMM’s three-year strategic partnership expires in April 2020 (more below).
SupplyChain is no longer a back-office, transactional function. According to the survey, the percentage of female Chief SupplyChain officers grew 6% from last year’s survey, where they only made up 11% of CSCO’s.
Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supplychain ecosystems had not been built to flex. As we come to terms with the fact that uncertainty is here to stay, there has been an awakening in the discipline of supplychain with respect to resiliency.
Key Data: Founder / CEO: Anam Rahman Date Founded: 2020 Visit Kavida.ai profile in our Software Finder 2. It covers quotes, tracking, production, and supplychain management, which considerably enhances efficiency for its users. Key Data: Founder / CEO: Adar Hay Date Founded: 2020 Visit Jiga profile in our Software Finder 5.
Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2. Additionally, analytics features grant you deeper visibility into your supplychain. Opstream aims to give users full visibility and control over spending.
Subscribe to SupplyChain Game Changer. SupplyChainVisibility Has Never Been More Important! In the face of depleted inventories and an inability to restore production to meet demand, we now have a chip shortage impacting the supply of automobiles. Subscribe Here! Email Address.
There are over 35 million cases and over 1 million deaths due to the Coronavirus pandemic as of the beginning of October, 2020. As the first wave struck in early 2020 unprecedented levels of personal and business disruption was experienced by most everyone. Digital SupplyChainVisibility. Disaster Planning.
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