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Digitizing Your Supply Chain: An Imperative for 2021

Supply Chain Brain

Digitization promotes end-to-end supply-chain visibility, providing managers with intelligence on supply-chain performance, and also information on the nuts and bolts of their logistics operations.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. .

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!

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High Speed 2’s approach to building supply chain transparency

Procurement Leaders

Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. To address supply chain transparency, a new initiative, “SCM+”, was developed in the second quarter of 2021.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue. Predictive Procurement Supports Supply Chain Resilience and Visibility.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

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Supply Chain at a Crossroads – Back to the Shadows or into the Spotlight?

Supply Chain Game Changer

Supply Chain has historically been considered a back office function, necessary but lacking in prestige and strategic value. The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Supply Chain can be hard to truly understand so outsiders have a simplistic view of what it involves.