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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

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378: Achieve 360° Supply Chain Visibility for Greater Control and Optimization, with SDI

Let's Talk Supply Chain

15.29] How the landscape of just-in-time, just-in-case, and inventory management changed, from pre to post-pandemic; predicting demand in an unpredictable world; and how SDI’s Zeus software is helping clients move from a reactive to a proactive approach when it comes to FM and MRO supply chain.

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How Machine Learning is Transforming Supply Chain Management

Una

According to research by EffectiveSoft , 50% of supply chain companies will have invested in applications that support AI and advanced analytics capabilities by the end of 2024. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI.

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Role-Based Training for Procurement & Supply Chain Teams

Skill Dynamics

Because skills gaps can significantly impede performance and therefore supply chain success, it’s vital to address and overcome them. Frequent skills gaps include: Risk management – key for avoiding supply chain disruptions. Efficient and streamlined supply chain operations.

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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. alternatives. alternatives. consolidation. alternatives. Financing, hedging, and currency plays. Geographic. relocation. reductions. optimization. Plant & process.