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Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations

Skill Dynamics

Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.

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Cybersecurity Protocols That Improve Supply Chain Resilience

SCMDOJO

Supply chains are the lifelines of global commerce. From small manufacturers to multinational corporations, organizations depend on interconnected networks to deliver materials, goods, and services in a timely and cost-effective manner. Cyberattacks on supply chains are not new, but their scope and impact have evolved.

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Indirect Procurement: Why It Gets Mismanaged and How to Fix It

ivalua

While juggling decentralized requests, surprise renewals, and one-off contracts, enforcing policy and staying on budget is no easy feat. However, when left unchecked, mismanaged indirect procurement can cost a lot of money, pose audit risk, and a lack of transparency into who’s buying what – or why.

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The Importance of Packaging in Supply Chain!

Supply Chain Game Changer

Product Packaging Ideas to Reduce Costs! Packaging systems play an integral role in supply chain operations, from manufacturing to distribution of products to end users. This supply chain article will focus on the importance of packaging in businesses to help you determine the best packaging systems for your brand.

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7 Procurement Challenges Startups Will Face in 2025!

Supply Chain Game Changer

Subscribe Digital Procurement Improves Supply Chain! By anticipating supply chain fluctuations, securing backup suppliers, and improving communication with vendors, you can minimize delays and ensure a steady flow of materials. To stay ahead, regularly reassess your supply chain strategy. Diversification.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.