NLPA (Next Level Purchasing Association)
MAY 8, 2023
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.
Supply Chain Game Changer
SEPTEMBER 5, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.
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IBM Supply Chain Blog
JUNE 30, 2023
Visibility into other key inventory (e.g., safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too. However, maintenance inventory optimization is only part of the solution.
EazyStock
JANUARY 6, 2023
If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. You will gain more supply chain visibility by connecting your ERP system to demand forecasting and inventory optimization software.
EazyStock
JANUARY 6, 2023
If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Increased supply chain visibility. Cybersecurity threats remain an increasing concern across the supply chain.
SCMDOJO
APRIL 29, 2024
Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.
Procurement Tactics
JUNE 5, 2023
These chains usually encompass the global movement of data, resources, and procedures. Organizations may also refer to them as global production networks or global value chains. The use of advanced technologies and logistics strategies is often necessary to manage the complexity and risks associated with a global supply chain.
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