Remove 2020 Remove Real-time Visibility Remove Supply Chain Optimization
article thumbnail

How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” According to one procurement leader we spoke to, all that changed around 2020. And Stephen is not alone.

article thumbnail

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

Supply Chain Game Changer

Supply Chain’s Moment of Truth Has Arrived! In 1982 Keith Oliver is credited with coining the phrase “Supply Chain Management” As I began my career in 1982 I can attest to the fact that the term Supply Chain was not in general use at that time. But this is my view of Supply Chain.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

article thumbnail

Understanding The Procurement Insights Archives And The Accuracy Models Of The Hansen Fit Score

Procurement Insights

Between 2007 and 2025, Procurement Insights archives reflect a remarkable evolution in the procurement and supply chain industry—from basic cost and operational concerns to strategic, tech-driven, and resilience-oriented priorities. Procurement team transformation and data/process digitization appear as timely themes by 2019.

article thumbnail

How AI Is Reshaping Supply Chain Strategy in the Face of Tariff Volatility

Supply Chain Brain

If you asked those same leaders what they wished they had in place and are now investing in heavily, the answer would be “supply chain analytics.” Companies that took 2020 seriously and invested in their data are now leading their industries in AI. Enter 2025, and we’re facing another major supply chain challenge.

article thumbnail

How Tariffs Are Reshaping Global Supply Chains in 2025

Supply Chain Brain

From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supply chain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supply chains. Tariffs also destabilize supply chain operations.

article thumbnail

The Future of Trucking: Change, Wins and Best Practices

Supply Chain Brain

At Optimal Dynamics’ recent Transportation Leadership Strategy Session, 25 industry peers gathered to exchange perspectives on how we’re all adapting to these pressures. Some teams are deploying AI-powered phone agents to handle routine load searches and shipment updates. Mobile apps are becoming control centers for the modern driver.