SCMDOJO

APRIL 22, 2024

But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below. As of today, these wait times have since been nullified but the pandemic has shown the world the importance of having a backup plan for when disaster strikes.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important?

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Trend

SEPTEMBER 26, 2020

Although IBP remains tactical at the most, both IBP and S&OE cycles run well in a reasonable steady state supply chain, with the normal risks, variances, and errors we learn to expect as experienced supply chain professionals. During this period of risk management, strategy focus will likely be dialed down too.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply chain Strategic planning Demand 78

ivalua

NOVEMBER 23, 2020

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter. Supply chains have been badly disrupted.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply Suppliers 130

HICX

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Supply Chain Game Changer

MAY 9, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? There are a lot of companies in the supply chain, and they all work together to make almost every product that comes into contact with a customer. This is the idea behind supply chain management.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Efficiency Logistics Supply chain 92

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 76

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

SEPTEMBER 26, 2019

Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Reason #1: Risk is everywhere.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Risk Supply chain Risk management 100

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

ivalua

APRIL 13, 2021

Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories. Ensuring Supply Chain Agility. Agility is needed not just to avoid disruptions. Agility is needed not just to avoid disruptions.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

Let's Talk Supply Chain

NOVEMBER 9, 2023

 Last week on episode three of our WiseTech Global mini-series, we tackled one of supply chains most difficult, yet most important, topics – risk. One of the many lessons that the pandemic taught us was the importance of ensuring that robust risk management is incorporated into our supply chain strategies.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Change management 52

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Risk Management Through Commodity Trading, producers and consumers can be exposed to the price volatility of commodities.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Let's Talk Supply Chain

DECEMBER 4, 2023

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility supply chain budgeting Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Journey : Step 1 – The Vision! Getting anything done requires resources and management. Getting a digital transformation to take hold takes all of that plus bravery, resolve, unrelenting persistence, risk taking, tenacity and courage.

Leadership 52

Leadership Agile and Lean Supply Chain Supply Chain Optimization Supply chain 52

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

HICX

MAY 1, 2024

With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever. For the top 25% of organizations, this number is nearly double, with over 5,000 suppliers.

Suppliers 52

Suppliers Supply Chain Efficiency Risk management Supply Chain Optimization 52

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 130

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 130

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking: Why is it Important? Risk Mitigation In risk management, there is a key role to be played by procurement monitoring.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supply chain pose a real threat, especially in a time of crisis.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

ivalua

MAY 9, 2023

Furthermore, their rapidly shifting nature requires a new level of agility. Survey results in a new study by Forrester , commissioned by Ivalua, reveal several important lessons for procurement leaders to keep in mind as they adapt their departments for success. This is a particular risk, rarely discussed, with cloud-based solutions.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Barkers Procurement

FEBRUARY 26, 2024

I recognised that Sustainability would become an important area of focus for procurement functions and industry as a whole. But with increased awareness of ESG principles, supply chain risk management should now also encompass an organisation’s approach to the monitoring of scope 1, 2 and 3 emissions.

Sustainability 52

Sustainability Procurement Agile and Lean Supply Chain Supply chain 52

Arkestro

MAY 30, 2022

Ultimately, many of the findings explain the importance of predictive procurement , a strategy that will be critical to the future of health and pharma. . We all remember the early days of the pandemic and shortages in critical medical supplies. By adopting this strategy, procurement teams build supply chain resilience and agility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others. Finally, we work extremely closely with suppliers to reduce the impact of inflation.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

Supply Chain Opz

MARCH 9, 2016

The supply chain is evolving more rapidly than ever before due to outside factors such as geopolitical influences, an increase in natural disasters and the proliferation of technology. In such times of change, it is critical to have a supply chain manager in the catbird’s seat to help it navigate resource allocation.

Supply chain management 74

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 74

Barkers Procurement

JANUARY 26, 2024

The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. McKinsey has reported that supply chain disruption is costing companies 0.47% on average each year.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. McKinsey has reported that supply chain disruption is costing companies 0.47% on average each year.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Procurement Heads

SEPTEMBER 14, 2022

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. I have a team of 30 people with end-to-end category management responsibility. Procurement and supplier management are carried out by separate teams under my leadership.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Category management is the core engine for scaling processes.

supply chain budgeting 78

supply chain budgeting Budget Agile and Lean Supply Chain Risk 78

Una

APRIL 13, 2023

Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. What’s more, the relationship will be stronger, more stable, and the supplier will regard you as a customer of choice – an important benefit when supply shortages begin to bite.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59