Remove Consumer demands Remove Purchasing Remove Supply chain resilience
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Modest improvements point to supply chain resilience

Strategic Sourceror

Bloomberg reported that "modest improvements are showing up" in a number of industry forecasts, with the consensus among economists that the so-called supply strain is close to being under control. " Time will tell if the world is back on track but, for the moment, the signs are encouraging. And that is what really matters.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.

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Reshoring vs Nearshoring: Key Differences and Business Benefits

Planergy

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Not only did they create 80 to 100 new jobs in the area, but they also met consumer demand for Made in America products. Nearshoring facilities regional supply chain continuity without compromising too much on cost.

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

SCMDOJO

Supply chains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

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Top supply chain trends in retail for 2023

IBM Supply Chain Blog

The COVID-19 pandemic and recent global disruptions have exposed the vulnerability of supply chains, and perhaps no industry felt the impact more than retail. Learn how to build resiliency and intelligence into your supply chains The post Top supply chain trends in retail for 2023 appeared first on IBM Blog.

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The SUPPLY CHAIN effects all of us…Do Something About It…Deadline to sign-up THIS MONDAY – Wgnsradio

Let's Talk Supply Chain

In a world where interconnected global supply chains are the norm, a disruption in one part of the supply chain can quickly cascade into widespread ‍issues. Companies are facing ‍challenges‍ in sourcing raw materials, manufacturing products, and distributing goods to meet consumer demand.

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How Procurement Teams Can 3X Their Influence Without Adding Resources

Arkestro

Slow, Cumbersome Quote Processes In the digital era, markets, trends, and consumer demand change at lightning speed. Getting quotes, correcting errors, analyzing pricing, benchmarking, and approving purchases take weeks or even months far too long to keep up with modern times. In contrast, the RFQ process is unbearably tedious.