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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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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

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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. Navistar had a jump start on putting robust systems in place, but their suppliers didn’t.

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

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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. Focus on digital transformation and adopt procurement technology.

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

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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. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

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While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers).

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

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Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

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At the helm of this innovative venture is Rivian’s founder and CEO, RJ Scaringe, whose strategic decision to establish the company’s first factory in Normal has reshaped the town’s trajectory. These supply chain issues not only delayed production further but also strained relationships with suppliers.