article thumbnail

CPFR in Supply Chain — Everything You Should Know

Procurement Tactics

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?

article thumbnail

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.

professionals

Sign Up for our Newsletter

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

article thumbnail

Mattel leverages diversified supply chain amid new China tariffs

Let's Talk Supply Chain

As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty. Openness: Enhance visibility across the supply chain to ensure adherence to ethical and environmental standards.

article thumbnail

Transform Your Supply Chain to Meet Consumer Demand

SCMR (Supply Chain Management Review)

Supply Chain White Paper, Manufacturers in 2023 need to adapt to uncertainty and resource limitations by implementing Unified Logistics, which optimizes manufacturing logistics networks, increases collaboration, and provides inbound and outbound visibility and control, ultimately giving them a competitive advantage in winning customers.

article thumbnail

Upskilling Supply Chain & Procurement To Gain Strategic Skills

Skill Dynamics

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

article thumbnail

IBM: Supply Chain Execs See Competitive Edge in Agentic, Generative AI

Let's Talk Supply Chain

In the ever-evolving landscape of supply chain management, a new player has emerged to revolutionize the industry: IBM. With agentic and generative AI at the helm, supply chain executives are discovering a competitive edge like never before.

article thumbnail

Supply Chain Management in Apparel Industry

SCMDOJO

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. There are countless benefits of having an optimized supply chain.