Remove Global sourcing Remove Risk management Remove Supply chain resilience
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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

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Do the MRO trends of the 2004 Acres of Diamonds paper endure in 2025?

Procurement Insights

This underscores the need for different procurement strategies, risk management, and technology solutions for indirect MRO spend versus direct materials 3 5. Supply Chain Disruption : “Material costs climbed by about 8.3 Supply chain disruptions, technology refresh cycles, and intermittent demand (e.g.,

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The Key Benefits of Outsourcing to Managed Procurement Services

Empowering CPO

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.