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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

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.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

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. Why is visibility so important? It’s really important to take this into consideration as part of your TCO calculations.”

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important?

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

Supply Chain Transformation is ongoing but never more important than in 2021. The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3.

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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

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However, the new plan involves co-locating engineers at the production facility, emphasizing the importance of collaboration and proximity in manufacturing operations. The implications of this decision are noteworthy for Rivian’s efforts to increase volume production and address ongoing supply chain component shortages.

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What is supply chain resiliency?

IBM Supply Chain Blog

According to Geraint John , Vice President Analyst with the Gartner Supply Chain practice, “Supply chain executives overwhelmingly recognize the necessity to make their networks more resilient and agile.” In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core.