Remove Consumer demands Remove Suppliers Remove supply chain software solutions
article thumbnail

How Procurement can help to drive Supplier-led innovation

ivalua

In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Alex Saric, Chief Marketing Officer, Ivalua. Cost-focused approaches block innovation.

article thumbnail

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

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As

professionals

Sign Up for our Newsletter

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

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

article thumbnail

The Role of Loans in Scaling E-Commerce Supply Chains

SCMDOJO

We conclude that different types of loans may help e-commerce supply chains. Such a change was stirred by a consumer base interested in rising internet usage, and the smartphones worldwide appearance. “They allow us to meet increasing consumer demand without sacrificing a lot of high quality or speed.

article thumbnail

The Role of Email Hosting in Modernizing Retail Supply Chain Communication

SCMDOJO

Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Enhanced Collaboration Among Stakeholders Effective collaboration is crucial in retail supply chains, as it allows for swift decision-making and problem-solving.

article thumbnail

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

article thumbnail

Bullwhip Effect: How Does It Affect Supply Chain Management?

SCMDOJO

In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. Hence, it’s also referred to as demand amplification. inventory shortage).