Remove Agile and Lean Supply Chain Remove Definition Remove Supply chain resilience
article thumbnail

What is supply chain resiliency?

IBM Supply Chain Blog

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. 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.

article thumbnail

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

professionals

Sign Up for our Newsletter

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

article thumbnail

Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this blog : a new role for supply chain planners. The new evolutionary challenge for IBP, and more specific for supply chain leaders, is to close the traditional IBP decision gaps.

article thumbnail

Being prepared for third-party risk events – Think big, start small, grow fast

Spend Matters

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. So AI has definitely become a big topic because of the liability associated with it.

Risk 112
article thumbnail

The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast). Procurious Procurement Leaders Chartered Institute for Procurement & Supply (CIPS).

article thumbnail

How to move IBP from a Tired Old Process to an Executive Decision Factory

Supply Chain Trend

A recent study suggests that supply chain planners spend 50% of their time on data gathering and tinkering with it. Knowing this, who wants a job in supply chain planning when you just finished your degree? How can supply chain attract the best talent when all you do is tying data together?

article thumbnail

The Evolving Role of Strategic Leadership in Procurement – Part 1: Control what you can, monitor what you can’t

Jaggaer

I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & Supply Chain Partner at KPMG. We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function.