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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Below, we list 8 steps that manufacturers can take to build a more resilient supply chain in a post-covid world. Work to achieve 100% supply chain visibility. Why is visibility so important? By taking these steps, manufacturers will be better prepared to weather any future disruptions.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important? Set expectations with suppliers.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Possibly less of a ‘secret’, and more so something we all seem to turn a blind eye to, but the majority of procurement teams lack visibility beyond their tier-1 suppliers. It’s no secret anymore… we know that better tier-visibility starts with a better means to collaborate, communicate & govern tier-1 suppliers.

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5 Advantages of Supplier Relationship Management Software

Procurement Software

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain.

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5 Advantages of Supplier Relationship Management Software

Procurement Software

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain.