Remove Logistics Remove Suppliers Remove Supply Chain Visibility
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Resilience in times of uncertainty and ‘permacrisis’: making the case for SCRM

Spend Matters

As businesses grow more dependent on geographically dispersed suppliers and partners, the need to manage this complexity becomes critical, especially in light of recent global events that have exposed vulnerabilities in even the most sophisticated supply networks.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Key Takeaways Procurement and supply chain management serve different functions, but when misaligned, they create costly inefficiencies and delays. Lack of shared data, visibility, and KPIs leads to disconnects, including poor supplier performance tracking and missed savings.

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Dollars Delayed, Suppliers Dismayed: The True Cost of Late Payments

Supply Chain Brain

Each tier, from raw-material providers to logistics firms, relies on predictable, timely cash flow. When a business fails to pay its suppliers on time, that delay ripples downstream, affecting everyone involved. That cash shortfall could mean delaying payroll, pausing production or missing supplier payments.

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Obstacles to Multi-Tier Supply Chain Visibility!

Supply Chain Game Changer

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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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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China’s Carmakers to Pay Suppliers on Time as Price War Curb

Supply Chain Brain

Chinese carmakers, embroiled in a domestic price war, have been seeking lower-cost components and delaying payments to suppliers by months, creating a form of quasi-debt financing. BYD took an average of 275 days to pay suppliers in 2023, Bloomberg compiled data show. Electric vehicle market leader BYD Co.

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

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.