The Importance of Transparent Supply Chains — and How to Achieve Them
Supply Chain Brain
AUGUST 30, 2023
The key to ensuring supply chain transparency is having access to product data that is consistent and of the highest quality.
The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities
ivalua
OCTOBER 13, 2022
The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Supply Chain Efficiency vs. Effectiveness
ProcurePort
FEBRUARY 10, 2022
Is your supply chain optimized for efficiency or effectiveness? Efficiency is related to the traditional approach to supply chain management and optimization. The cost was always the important indicator of performance. Well, ‘what’s the difference?’ you would ask.
Supply Chain Network Design — Everything About Supply Chain
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.
How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech
Advertiser: GEP
Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?
High Speed 2’s approach to building supply chain transparency
Procurement Leaders
JUNE 13, 2022
It is the largest infrastructure project in Europe and the most important economic and social regeneration project in decades. was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts.
Food Chain Transparency – One of tomorrow’s most important supply chain goals?
All Things Supply Chain
FEBRUARY 18, 2020
A few weeks ago, I overheard a conversation in a rural private household about whether it would be worthwhile to keep their own laying hens in order to remain independent…
Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
Sustainable Supply Chain Analysis — Embracing Sustainability
Procurement Tactics
APRIL 6, 2023
In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?
Global Supply Chain — Everything About Supply Chain
Procurement Tactics
JUNE 5, 2023
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
UK Import and Export Statistics 2023
Procurement Tactics
MAY 11, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter UK Import and Export Statistics — 16 Key Facts and Figures According to the World Bank’s data, the United Kingdom with a population of 67 million people recorded a $3.2 billion in import goods in January 2023.
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The Missing Step to Most Supply Chains that Increases Efficiency
SCMDOJO
JUNE 14, 2023
As a business owner, you always seek ways to increase efficiency and decrease costs. As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost.
CPFR in Supply Chain — Everything You Should Know
Procurement Tactics
MAY 8, 2023
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. Why is CPFR Important? However, what is it?
The 4 Important T’s of Supply Chain Transparency
All Things Supply Chain
FEBRUARY 22, 2016
Supply chain transparency remains a hot industry topic, which is why we created this Transparent Tuesday series. The topic covers a wide breadth of issues, and transparency projects are often associated with sustainability measures. However, initiatives such as cutting CO2 … Continue reading →
The Importance of a Strong Supply Chain and Logistics Strategy!
Supply Chain Game Changer
AUGUST 21, 2022
Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Another important aspect of logistics is time.
"Why Supply Chain Sustainability Matters and How to Improve It"
World of Procurement blog
APRIL 24, 2024
As businesses increasingly recognize the importance of sustainability and the role they play in environmental and social issues, the focus is turning to the supply chain. However, implementing sustainable practices in the supply chain can be challenging.
How to Increase Transparency in the Medical Device Supply Chain!
Supply Chain Game Changer
FEBRUARY 3, 2022
Subscribe to Supply Chain Game Changer. The Mask Supply Chain! Medical Device Supply Chain article and permission to publish here provided by Claire Glassman. Some manufacturers have appealed for higher transparency so the burden of liability would be shared across the supply chain.
The Importance of Supply Chain in the Apparel Industry!
Supply Chain Game Changer
APRIL 20, 2022
Subscribe to Supply Chain Game Changer. Apparel supply chain management is a key factor in determining the success of the apparel business. In any industry, an efficient supply chain is important to make the product reach the customer on time, and in optimum condition. Subscribe Here!
Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement
ivalua
JULY 14, 2022
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.
A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains
ivalua
JANUARY 31, 2023
Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC will aid our customers in establishing a more sustainable supply chain to reduce both greenwashing and green-guessing.”
Warehouse Management — Everything About Supply Chain
Procurement Tactics
JULY 19, 2023
We will talk about the importance and the processes involved in managing your warehouse. Warehouse management means managing and controlling everything that happens in a warehouse to handle goods efficiently. Why is Managing Your Warehouse Important? However, what is it? So without further ado, let us now start!
KPIs in Supply Chain — Everything You Should Know?
Procurement Tactics
OCTOBER 5, 2022
KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. In this article, we will discuss what KPIs are and their importance in the supply chain. Supply Chain KPIs Explained.
What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.
Supply Chain Department – A Typical Structure
SCMDOJO
MARCH 19, 2024
In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.
Retail Supply Chain — Everything You Should Know
Procurement Tactics
NOVEMBER 14, 2022
Retail Supply Chain — Everything You Should Know. Retail supply chains around the world are under intense pressure due to global disruptions. However, what is the retail supply chain? This article will discuss what a retail supply chain is. The Meaning of Retail Supply Chain.
Best Supply Chain Management Software for Mac 2024
SCMDOJO
MARCH 27, 2024
The world of supply chain management is fast-paced. Performance for Supply Chain Management Software on Mac Have you ever run sophisticated supply chain management software on Mac? Hence, you should focus on an overlooked aspect of maximizing efficiency. However, it goes beyond mere listings.
What does the German Supply Chain Act Mean for Procurement?
ivalua
JANUARY 8, 2023
The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.
Supply Chain Collaboration — The Ultimate Guide
Procurement Tactics
DECEMBER 21, 2022
Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.
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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience
ivalua
JUNE 1, 2022
From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.
The Importance of Language Skills in Supply Chain and Operations Management
SCMDOJO
JUNE 7, 2023
The supply chain industry has been evolving rapidly since the pandemic outbreak. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management.
Finance Hacks: How to Reduce Supply Chain Costs
Procurement Tactics
NOVEMBER 8, 2022
Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. The management must focus not only on making the supply chain more efficient to improve the bottom line. Improve Demand Forecasting.
Streamlining supply chain management: Strategies for the future
IBM Supply Chain Blog
FEBRUARY 19, 2024
In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.
Supply Chain Forecasting — Everything You Should Know
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?
If You Want An Efficient Supply Chain, Don’t Mess With Your Suppliers
Let's Talk Supply Chain
FEBRUARY 8, 2023
The past few years have been challenging as far as supply chain goes, and it doesn’t look like things will improve any time soon. All three used to suffer from inefficient supply chains, which resulted from bad supplier relations. That’s precisely what these three companies used to suffer from.
Episode 108: Considering the Transparency and Control of Digital Currency with Kris Lance
Una
MARCH 29, 2023
EPISODE 108 Considering the Transparency and Control of Digital Currency with Kris Lance By Kelly Barner | March 29, 2023 The banking system has been in the news quite a bit recently, and not for good reasons. Everyone has learned a lot about the liquidity and transactions that make the financial system – and our economy – work.
Financial Supply Chain — The Ultimate Guide of 2023
Procurement Tactics
DECEMBER 7, 2022
Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.
The Importance of Supply Chain Collaboration
The Good Spending
AUGUST 16, 2022
Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.
Revolutionizing Warehouses with Robotics: A New Era of Efficiency
SCMDOJO
MARCH 25, 2024
Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Global Supply Chain Complexities: Nowadays, global supply chains have been subjected to a heightened need for dynamism, responsiveness, and online visibility.
Cost Effectiveness Vs Cost Efficiency — Everything You Should Know
Procurement Tactics
NOVEMBER 28, 2022
Cost Effectiveness Vs Cost Efficiency — Everything A Procurement You Should Know. Cost-effectiveness and cost-efficiency are often used interchangeably by many people. In this article, we will discuss what cost-effectiveness and cost-efficiency are. Cost-effectiveness is usually used as a synonymous word with cost-efficiency.
Blockchain for Supply Chain: A Comprehensive Guide for Businesses
SCMDOJO
MARCH 28, 2023
Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
The Next Chapter for the Supply Chain: The 3 most important topics shaping the future
All Things Supply Chain
SEPTEMBER 7, 2020
No-one could have predicted over a year ago that a global pandemic would shut down economies all over the world; throw supply chains into chaos due to panic buying and…
The Importance of Integrated Supply Chain Management!
Supply Chain Game Changer
JUNE 10, 2021
Subscribe to Supply Chain Game Changer. The Disintermediation of the Supply Chain! Integrated Supply Chain Management article and permission to publish here provided by Tyrone Fisher. Most businesses are aware how important a supply chain is to operations. GET our EBOOK HERE.
The Promise of Seeing Clearly: Why Supply Chain Visibility Is So Important for Your Business
Supply Chain Brain
JULY 14, 2023
Supply chain visibility is a major buzzword these days—helping to drive efficient operations, better decision-making, and higher customer satisfaction. But what does it actually mean?
Boosting Efficiency: Top 5 Inventory Optimization Strategies
SCMDOJO
MARCH 8, 2024
In the world of business, managing inventory efficiently can make all the difference between success and struggle. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. Here are five simple yet powerful strategies to optimize inventory and streamline operations: 1.
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