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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Having visibility into the status and location of goods as they move through the supply chain helps companies monitor supplier performance, identify bottlenecks and respond quickly to disruptions.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

It comprises all elements from the origin (the raw material) to the consumption networks (end users). Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. All this data has a timestamp.

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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? What measures, such as product value engineering or alternative raw materials, can be implemented to mitigate pressures? Questions such as: What vulnerabilities do current suppliers have?

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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? What measures, such as product value engineering or alternative raw materials, can be implemented to mitigate pressures? Questions such as: What vulnerabilities do current suppliers have?

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

Organizations may also choose to vet each supplier to ensure their own sustainability practices align—from the suppliers of raw materials for production to those who provide shipping boxes. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. And many consumers and advocacy groups are sensitive to the environmental impact of products or raw materials that may be harvested using forced labor.

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What Are The Pressures That Procurement Faces In 2023 And Beyond?

Barkers Procurement

What are the events impacting the end-to-end supply chain? How are suppliers managing the Cost of Goods Sold (COGS)? What measures such as product value engineering or alternative raw materials can be implemented to mitigate pressures? Questions such as: What vulnerabilities do current suppliers have?