This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supplychains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supplychain team is so important.
Global trade is complex, and supplychains are intertwined and interconnected. Supplychain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supplychains. Review your products and find ways to improve them.
Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supplychain enthusiasts’ diverse needs. As you know, the supplychain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
And for procurement and supplychain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supplychain for the year ahead?
Supplychains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supplychain operations. A well-managed supplychain does not just survive crises it thrives in them.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter SupplyChain Network Design — Everything About SupplyChainSupplychain network design helps businesses to mitigate disruptions by configuring the supplychain.
Supplychain reports offer a comprehensive view of your entire supplychain operation. They are powerful tools for businesses to identify areas for improvement, optimize processes, and gain a competitive edge. What are SupplyChain Reports?
How an agileSupplyChain drives a sustainable competitive advantage. As companies reassess their supplychains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. Zara’s SupplyChain Approach. Spare Capacity.
In this webinar, supplychain industry experts share insights and best practices for enhancing supplychainefficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supplychain maturity and save on costs.
Theres a growing demand for certified professionals in the supplychain industryin fact, the employment of logisticians is projected to grow 19% from 2023 to 2033. Supplychain certification equips companies and teams with the knowledge, tools, and techniques they need to design, manage, and optimize complex supplychains.
Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, SupplyChain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Audit SupplyChains: Identify and address environmental and social risks in the supplychain. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,
With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Share on Twitter. According to 2019 Definitive Healthcare data, U.S.
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. This leap in AI capabilities is revolutionizing industries, and AI-driven supplychain management is no exception.
Sustainable SupplyChain — The Ultimate Guide. The sustainable supplychain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supplychain?
Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
auto tariffs are being felt across global supplychains. This transformation marks more than a temporary adjustmentit’s a paradigm shift in supplychain thinking, where agility, sustainability, and real-time visibility are becoming top priorities. The ripple effects of U.S. Join us as we explore how U.S.
Effective and efficient tariff management is rooted in robust direct materials and supplychain risk management. SupplyChain Risk Management (SCRM) complements this by systematically identifying and mitigating supplier risks, such as financial instability, geographic vulnerabilities and inconsistencies in supplier operations.
As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supplychain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.
In an age where supplychains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supplychain leadership to pivot from reactive management to proactive strategy built on data. Take the example of inventory optimization.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychain visibility and monitoring solutions a top priority.
In the ever-evolving landscape of supplychain management, procurement leaders must stay ahead of the curve to ensure success in 2025 and beyond. In this article, we will explore four key strategies that procurement leaders can adopt to navigate the complexities of the future supplychain landscape.
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supplychain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua. Follow us at @Ivalua.
When you look behind the scenes of a global business operation, procurement strategy and supplychain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supplychain strategy and looks at how aligning the two leads to operational excellence.
Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supplychain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supplychain continuity. Build strong supplier partnerships for long-term stability.
In a world where the digital realm continues to shape the future of industries, the supplychain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.
Supplychain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supplychain skills are simply no longer enough for success.
In a rapidly evolving world where supplychain disruptions are becoming increasingly common, the question arises: can artificial intelligence finally provide the solution we’ve been searching for? Logility’s cutting-edge technology offers a promising glimpse into the future of supplychainoptimization.
A tapestry of economic growth and strategic planning, Saudi Arabia’s supplychain market is set to embark on a journey towards surpassing the US$ 970 million mark by 2033.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
In a bold strategic move set to reshape its operational landscape, Argentinas energy giant YPF is teaming up with Globant to integrate cutting-edge artificial intelligence technology into its supplychain processes.
Gathered around a table laden with insights and expertise, industry leaders recently convened at the institute for Supply Management to delve into the latest hot topics shaping the world of supplychain management.From procurement strategies to risk mitigation, the roundtable discussion was a lively exchange of ideas and perspectives.
In the YouTube video titled “tackling SupplyChain Challenges in Creative Ways ”, Sarah Barnes Humphrey delves into the world of supplychain collaboration and technology with Frasier from Beacon Technologies.as
In teh intricate web of global supplychains, resilience is the key to withstanding the unpredictable challenges of today’s dynamic business landscape. representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChain technologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.
Supplychain is the unseen backbone that keeps operations running smoothly. Dollar Tree, known for its affordable products, has recently made a strategic move by appointing a seasoned executive to lead its supplychain division.
In the ever-evolving landscape of supplychain management, a new player has emerged to revolutionize the industry: IBM. With agentic and generative AI at the helm, supplychain executives are discovering a competitive edge like never before.
As the demands on supplychains continue to increase, so do the expectations of consumers. Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Leveraging Technology to Transform The SupplyChain.
In an era of economic uncertainty and fluctuating market conditions, the service supplychain industry is bracing itself for a seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon on supplychain operations is profound and multifaceted.
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of SupplyChain and Procurement KPIs? Running procurement and supplychain without metrics is like driving blindfolded.
In an era where efficiency equates to competitive advantage, the oil industry’s supplychain management plays a pivotal role in determining a company’s profitability and sustainability. What Are the Key Components of an Oil Company’s SupplyChain?
The global supplychain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supplychain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content