Apple chip supplier cuts spending on soft consumer demand, delivery delays
Supply Chain Dive
OCTOBER 19, 2022
TSMC has struggled to meet demand for its most advanced technologies due to challenges obtaining the tools needed to make them.
How Procurement can help to drive Supplier-led innovation
ivalua
DECEMBER 5, 2019
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.
Innovation 
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Mitigating Risks and Future-proofing the Supply Chain
ivalua
JUNE 17, 2022
This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supply networks from future shocks to the supply chain.
CPFR in Supply Chain — Everything You Should Know
Procurement Tactics
MAY 8, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR?
Mastering Agility and Resilience in Your Supply Chain
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
What to Do When Supply Chains Break Your Heart
Una
FEBRUARY 13, 2023
What to Do When Supply Chains Break Your Heart Six helpful tips for what to do – and what NOT to do – when supply chains and supplier partners end up breaking your heart. By Anthony Clervi | February 14, 2023 Search We all know that supply chains can be fragile entities. Supply chain heartbreak is inevitable.
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Mastering Resilience in Your Supply Chain
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
4 strategic sourcing use cases to strengthen your supply chain
IBM Supply Chain Blog
FEBRUARY 13, 2024
In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.
Four Solutions to Achieving a More Transparent Supply Chain
Supply Chain Brain
JULY 23, 2019
Global supply chains are becoming increasingly complex, as businesses juggle multinational suppliers and service providers, constantly shifting regulations, and more informed consumers demanding increased responsiveness and sustainability.
New Year Insights for the procurement solutions and services marketplace 2024: Vizibl
Spend Matters
JANUARY 24, 2024
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.
3 ways inflation is impacting global supply chains
Strategic Sourceror
JANUARY 20, 2023
Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. over the previous 12 months. These include: 1.
New Opportunities for Students in Supply Chain!
Supply Chain Game Changer
MAY 24, 2021
Subscribe to Supply Chain Game Changer. Why is Supply Chain Such a Great Career Path? The world of supply chain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supply chain. GET our EBOOK HERE. Talent development.
Responsible Sourcing — Everything You Should Know
Procurement Tactics
NOVEMBER 24, 2022
Responsible sourcing or ethical sourcing is an approach to sourcing and supply chain done by companies to consciously source and procure products or services for their operations in sustainable and ethical ways. This includes knowing their suppliers, how they operate, and what standards they abide by. . Investors and consumers demand.
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Supply Chain and Digital Innovation in the Wake of Covid!
Supply Chain Game Changer
AUGUST 12, 2021
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! The pandemic had created a global emergency where the companies associated with the supply chain have abruptly moved into the limelight. Subscribe Here! Email Address.
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Ways to Make Your Supply Chain More Sustainable!
Supply Chain Game Changer
OCTOBER 6, 2022
Subscribe to Supply Chain Game Changer. Many companies are looking for ways to add more sustainability in all aspects of their supply chain. Sustainability is a whole process that takes time and will need a full plan with everyone involved to make your Supply Chain more sustainable. Subscribe Here! Email Address.
Supply chain, labor issues forcing candy makers to problem solve
Strategic Sourceror
AUGUST 5, 2022
Indeed, the industry employs close to 58,000 people working in various capacities to keep the candy supply chain flowing. But as with a number of other industries, the candy sector is in the midst of labor shortage, unable to produce as much product as they have in the past and at the pace of consumer demand.
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Key Trends and Themes for Supply Chain and Logistics in 2024
SCMDOJO
APRIL 24, 2024
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.
Webinar Recap: Procurement 2022, Big Trends and Predictions
ivalua
JANUARY 31, 2022
While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supply chains, labor market shortages, strong consumer demand.
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Episode 103: Seeing Opportunity Through an Executive Lens with Jeff Davis
Una
FEBRUARY 21, 2023
Jeff also has experience in global supply chain management, inflation-related disruptions, and changes in consumer demand. Highlights In this conversation, Jeff helps us think through how CEOs see the world and why it is so important for supply chain leaders.
Supply chain visibility in the energy and utilities industry
IBM Supply Chain Blog
JUNE 30, 2023
Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Many water utilities are struggling to obtain computer chips for their water trucks, as well as other vital daily supplies. Visibility. economy $150 billion annually.
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Challenges And Opportunities In The Food & Beverage Industry
The Thomas Blog
SEPTEMBER 6, 2022
But many major food and beverage (F&B) companies have shown that they are not as nimble as smaller companies when it comes to adapting to consumer preferences and there are still challenges the food and beverage industry faces. Consumer Demands of Millennials & Gen Z. Company Acquisitions To Supercharge The Industry.
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Supply Chain Management in Apparel Industry
SCMDOJO
APRIL 27, 2022
Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. Supply chain management can really be a deal-breaker for an apparel business.
Coach Owner Is Stockpiling Handbags to Prepare for Holidays
Supply Chain Brain
AUGUST 22, 2021
The owner of the Coach and Kate Spade brands is stockpiling its handbags and other accessories ahead of the holiday season to ensure it can meet consumer demand amid ongoing delays in the delivery of products from suppliers.
Understanding the bullwhip effect in supply chains
Skill Dynamics
JULY 8, 2022
An efficient supply chain management system is a necessity to the majority of organizations. It can result in competitive advantage as it helps to provide precise information to suppliers allowing them to maintain a continuous flow of products to customers. So what causes the bullwhip effect? Order batching. Free return policies.
High Prices and Low Availability Plague the Electrical Supply Chain!
Supply Chain Game Changer
SEPTEMBER 13, 2022
Subscribe to Supply Chain Game Changer. Supply Chains Are Broken. Have you found that the consistent supply and reasonable prices in the Electrical Supply Chain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted? Supply chain problems explained.
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The Market Speaks: Customer asks and challenges of the SxM digital procurement world
Spend Matters
OCTOBER 12, 2023
We spoke with Costas Xyloyiannis, CEO of HICX whose supplier experience management (SxM) platform removes the friction from supplier relations. Simply replacing one S2P platform with another will not make a substantial difference; a slicker interface won’t improve your processes or drive better adoption with your suppliers.
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At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?
Procurement Insights
NOVEMBER 21, 2023
In my December 2019 post , Sorry, Charlie, there is something wrong with the world’s seafood supply chain I talked about consumer demand for tracking the seafood industry from source to plate. Is there a delay in receiving products from suppliers to complete the build? Is it picking and packaging?
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How to Use Group Purchasing as a Cost Reduction Strategy
Una
AUGUST 9, 2022
Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. Two years later, we’re seeing the opposite end of the spectrum as consumer demand for things like fuel and new automobiles has now spiked.
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History and Evolution of Supply Chain and Logistics
SCMDOJO
MARCH 25, 2022
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. What is Logistics and Supply Chain Management?
5 Challenges Facing the VPs of Supply Chain & Manufacturing in 2023
Arkestro
JULY 18, 2023
Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.
What Importers Need To Know, And Do in 2022
Let's Talk Supply Chain
JUNE 27, 2022
The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard. Markets that were considered untouchable two years ago have been rocked by consumer demand that arose just as supply-side networks were thrown into flux due to Covid-19.
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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis
ivalua
DECEMBER 14, 2020
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.” Balancing New Priorities Makes Procurement More Valuable.
The Market Speaks: Customer asks and challenges of the SxM digital procurement world
HICX
OCTOBER 12, 2023
We spoke with Costas Xyloyiannis, CEO of HICX whose supplier experience management (SxM) platform removes the friction from supplier relations. Simply replacing one S2P platform with another will not make a substantial difference; a slicker interface won’t improve your processes or drive better adoption with your suppliers.
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How 2011 Prepared Us for Today
ivalua
MAY 7, 2020
But few remember the stress the 2011 event placed on global supply chains. . The interdependence of the global supply chain guaranteed the effects would extend far beyond the Japanese economy. . Thankfully, by 2011 the global supply chain had an arsenal of weapons to help combat the economic aftershocks of the disaster.
More truck deliveries expected in 2023
Strategic Sourceror
FEBRUARY 10, 2023
Well before the supply chain disruptions fueled by the the pandemic, the trucking industry was in the throes of a severe driver shortfall that hasn't yet abated. However, due to waning demand and improvements in the availability of various auto parts, motor carriers and other logistics entities should be able to make some headway in 2023.
The Market Speaks: Customer asks and challenges of the SxM digital procurement world
Spend Matters
OCTOBER 12, 2023
We spoke with Costas Xyloyiannis, CEO of HICX whose supplier experience management (SxM) platform removes the friction from supplier relations. Simply replacing one S2P platform with another will not make a substantial difference; a slicker interface won’t improve your processes or drive better adoption with your suppliers.
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AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success
Arkestro
OCTOBER 10, 2023
Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas companies have shifted dramatically since 2020. On top of these challenges, oil and gas companies are dealing with global inflation, supply shortages, and ever-mounting pressure to move toward low-carbon solutions.
Simplifying Sustainability for Procurement
SupplyShift
NOVEMBER 12, 2021
Without successful procurement processes, there would not be on-demand access to the goods and services we have come to rely on at both a commercial and consumer level. In recent years, as consumer demand has increased, so have the consequences. Provide standardized, user-friendly supplier scorecards.
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities
SCMDOJO
FEBRUARY 13, 2023
To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Procurement, on the other hand, encompasses all the steps involved in acquiring goods, services, and works from external suppliers.
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The Future of Procurement
Una
NOVEMBER 14, 2022
Now, CPOs and their procurement teams look to invest in more secure supply chains, addressing increased volatility in consumer demand and responding to the changing ways people work (i.e., By the 1980s, supplier competition allowed procurement organizations to focus on supplier quality and dependability.
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Everything You Need to Know About the Bullwhip Effect
Finale Inventory
SEPTEMBER 13, 2022
Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. In the phenomenon known as the bullwhip effect, retailers make larger orders in response to sudden fluctuations in market demand, leading to further disruption.
Building Sustainable Procurement: Integrating Environmental and Social Factors for a Greener Future
Empowering CPO
MAY 11, 2023
By choosing suppliers who adopt eco-friendly practices, organizations can minimize waste, lower greenhouse gas emissions, and conserve natural resources. Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions.
How the UK’s Favourite Supermarket Delivers Sustainability at Discount Prices
Positive Purchasing
DECEMBER 6, 2023
Consumers are discerning and are increasingly demanding evidence, so woe betide the brand that talks the talk but fails to walk the walk! Inevitably, there are some supply chains that are riskier than others. Jonathan: Are suppliers ready and willing to implement sustainability initiatives, or is it more complex than that?
SRM: How to secure the new value that sustainability can bring
Positive Purchasing
DECEMBER 6, 2022
In supplier relationship management (SRM), the fundamental question we ask ourselves is, ‘What do we need from our supply base?’. Surely our requirements are to have products or services supplied to the correct specification at the right time and at an acceptable price? Ignoring this is, quite simply, bad for business.
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