article thumbnail

The Digitalization Journey at Mars DPW Amsterdam 2022 – Sam de Frates

HICX

In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. He gives an example in the area of supply chain resilience. We do not need an end-to-end solution.

e2e 52
article thumbnail

See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

professionals

Sign Up for our Newsletter

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

article thumbnail

Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue. Managing Supplier Relationships. Avoid supply chain delays.

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Lean and just-in-time principles eliminate waste and align supply closely with demand. Supply chain risk management is crucial to build resilience.

article thumbnail

The Resilient Supply Chain! Passing Fad or Long Term Strategy?

Supply Chain Game Changer

Just saying you want to have a resilient Supply Chain doesn’t accomplish anything. According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. So What’s the Problem? control towers). Conclusion.