Jaggaer

OCTOBER 24, 2024

A major pharmaceutical company might collaborate closely with its suppliers, distributors, healthcare providers, and consultants specializing in ethical best practices. Moreover, by involving suppliers in the initial stages of product development, companies can identify potential issues before they become costly problems.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

TYA Suite

MAY 23, 2025

Stronger risk management and supply chain resilience Effective collaboration provides greater visibility into potential risks, such as raw material shortages or market disruptions. In this type of collaboration, businesses and suppliers work closely together to design and develop new products or improve existing ones.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. This includes environmental protection, fair labor practices, ethical business conduct, and more. It requires trust, transparency, and a shared vision for success.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52