Remove Inventory Remove Risk management Remove Supply chain resilience Remove Supply Chain Visibility
article thumbnail

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.

article thumbnail

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. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Balance supply chain risk and resilience with ROI.

article thumbnail

See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

However, they are also susceptible to disruptions and risks. 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.

article thumbnail

Supply Chain Management Trends 2019

EazyStock

Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Distributed Inventory. Distributed inventory reduces the lead time from a customer placing an order to the product being delivered while simultaneously reducing shipping costs. Digital Twin.

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Importance and Benefits of Effective Supply Chain Management An optimized supply chain is critical for business success and profitability.

article thumbnail

ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?