Remove Consumer demands Remove Procurement Remove Real-time Visibility
article thumbnail

The New Procurement Reality: Thriving Amid Policy Shifts, Logistics Gaps & Demand Swings

Jaggaer

By the time I have finished writing this article, and certainly before it is published, the situation will have changed. One is reminded of the Chinese proverb, Better to be a dog in times of tranquility than a human in times of chaos. Procurement must adjust accordingly. And insight is what we got, in spades.

Demand 52
article thumbnail

At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?

Procurement Insights

EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. I obviously think what EiKO is doing regarding process visibility is great – kudos to the company for its progressive customer-centric thinking.

e2e 86
professionals

Sign Up for our Newsletter

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

article thumbnail

A complete guide to operational procurement

TYA Suite

This is where operational procurement proves its true value. But what exactly does procurement operations mean, and why is it so important? In this blog, well explore the true meaning of operational procurement, how it supports core business functions, and the impact it can have on overall performance.

article thumbnail

Supplier Collaboration: Driving Innovation and Competitive Advantage

Jaggaer

The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. This not only helps avoid stockouts but also reduces the need for excessive inventory, reducing overage and storage costs. leading to a more innovative and efficient final product.

article thumbnail

Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Understanding Supply Chain Risks Economic downturns act as stress tests for supply chains, exposing vulnerabilities that may have gone unnoticed during stable times.

article thumbnail

Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170
article thumbnail

Mastering Agility and Resilience in Your Supply Chain

SCMDOJO

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. Moreover, it facilitates proactive risk management and swift response to changes in demand or supply. Connect with her on LinkedIn!