This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supplychainresilience and agility in times of crisis. There are many supplychainmanagement lessons to learn from the Covid-19 crisis.
Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. One of the most effective strategies for building resilience is integrating project management into supplychain operations.
Maja Tepeh , Senior Brand Manager at supplychain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. However, the cost avoidance from mitigating ESG-related supplychain risks, such as regulatory fines or disruptions, is equally important.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
As a supplychain director, you want to ensure that your supplychainnetwork can withstand any disruptions and be optimized for peak performance. The global logistics market is growing, and companies need to prepare for the next generation of supplychainmanagement.
The company’s commitment to efficiency and operational excellence will play a crucial role in managing tariff-related uncertainties, ensuring sustainable growth and profitability in the long run. Cost-efficiency: Streamlining operations and optimizing supplychain processes to minimize tariff impact.
As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react. There are many supplychainmanagement lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Risk & Performance Management.
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? When you work with local experts and access nearby resources, you can ensure top-quality products.
In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. First and foremost, it helps organizations identify and mitigate potential disruptions in their supplychain.
The unprecedented changes in the last couple of years have caused disruption and flustered supplychainresilience. As a result, shippers are dealing with high freight costs, late shipments, lack of visibility, process inefficiencies, and other complexities.
auto tariffs are being felt across global supplychains. As the automotive industry grapples with mounting challenges, a new trend is taking shape a strategic shift toward cash flow management and financial resilience. Impact of US Auto Tariffs on Global SupplyChains Amid escalating tensions over U.S.
By fostering stronger partnerships and exploring sourcing options, the company aims to enhance its supplychainresilience in the face of evolving trade policies. The Way Forward As Clorox navigates the challenges posed by the $100 million tariff hit, it stands at a pivotal crossroads in its supplychain strategy.
Supplychain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. In this blog, let’s explore best practices that drive supplychainresiliency with this definition at the core. Why is supplychainresiliency important?
Supplychain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supplychain ecosystem.
His colleague, Jack Birch , Senior Manager – Interim Recruitment, shares his update on David’s insight and looks at: Why interims are still in demand IR35 – the repeal of the repeal and its impact Where we are currently seeing demand for interim procurement and supplychain professionals Current interim procurement professional day rates.
It is easy to address supplychainmanagement from a strict numbers mindset. An entire team of workers is trying to keep everything straight while managing tight deadlines. Third parties that don’t practice proper security open the entire supplychain to data breaches, compromised credentials, ransomware, and more.
Logility’s cutting-edge technology offers a promising glimpse into the future of supplychain optimization. let’s delve into the world of AI in supplychainmanagement and explore the potential of Logility’s game-changing innovation.
In the hyper-connected global economy of the present day, supplychains traverse continents, cultures, and myriad communication barriers. Having access to an audio translator can be the difference between quick resolution of issues and ballooning interruptions throughout the supplychain.
In teh intricate web of global supplychains, resilience is the key to withstanding the unpredictable challenges of today’s dynamic business landscape. One key advantage of using graph databases in inventory management is their ability to enhance the resilience of supplychains.
This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supplynetworks from future shocks to the supplychain. Taking Steps to Increase Resiliency.
As the procurement industry and supplychains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supplychainmanagement in the coming year.
Research reveals a rise in disruptive incidents deep in the supplychain. What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? of organizations experienced supplychain disruption in 2019 compared to 56.5% Transport network disruption (15.8%).
This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supplychainresilience by tackling both predictable and unpredictable risks. The integration of the riskmethods application is a work in progress. GHG, human rights and PFAS). GHG, human rights and PFAS).
Supplychains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supplychainresilience as well as supplychain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.
This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.
The post Research Into SupplyChainResilience appeared first on The Network Effect. I am sharing this research survey on behalf of Dr. David Nowicki of The Center for Logistics Education and Research.
Below is a ranking from highest to lowest focus on procurement and supplychain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. While supplychain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools.
Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor management has also improved, with automated tracking tools helping procurement professionals negotiate better terms, meet deadlines, and build trust with suppliers.[2][6]
“A 2023 survey by KPMG highlights this transition, revealing that procurement leaders are now focusing on supplychainresiliency (68%), introducing new products or expanding into new markets (65%), and improving margins through cost reduction (71%). The focus is on efficiency and control.
The SCMDOJO SupplyChain Track offers a comprehensive supplychain training program to equip you with the knowledge and skills to excel in this dynamic field. It’s your one-stop shop for a complete supplychainmanagement pathway. Learn more about the whole program. Start today!
By eliminating default trust and requiring constant verification, it protects sensitive data, prevents disruptions, and strengthens collaboration in todays increasingly complex and interconnected global networks. Zero Trust Security challenges the outdated idea of automatic trust in networks. So, Exactly What Is Zero Trust Security?
With a generous offer of complimentary supplychain evaluations, Dun & Bradstreet aims to empower enterprises with invaluable insights and guidance. This initiative comes at a crucial time when global disruptions have underscored the importance of robust supplychains.
2021 SupplyChain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supplychain and inventory management trends to adopt. Let’s look at the impact of each of these trends and see how you can incorporate them into your supplychain for 2021.
These pressures permeate supplychains, where vulnerabilities in one segment can rapidly cascade throughout the entire network. Understanding SupplyChain Risks Economic downturns act as stress tests for supplychains, exposing vulnerabilities that may have gone unnoticed during stable times.
This week, from January 20th to January 23rd, Logistics Viewpoints brings you a complete insight into the dynamic world of supplychainmanagement. Enhanced visibility across the supplychain is also crucial, as organizations look to minimize disruptions and improve overall operational efficiency.
Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills? The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.
In an age where supplychains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supplychain leadership to pivot from reactive management to proactive strategy built on data. Not sure where your supplychain stands?
Seamless integration with ERP and supplychain systems: MES synchronizes manufacturing operations with business planning, inventory management, and customer demand. ERP focuses on creating and managing work schedules, including production, material usage, delivery and shipment, and gathering information about the business.
Direct materials are usually managed with formal procurement processes and long-term contracts, which dampen price volatility and create predictability. This underscores the need for different procurement strategies, risk management, and technology solutions for indirect MRO spend versus direct materials 3 5.
This collaborative approach can take various forms, from co-developing new products to jointly managing risks and ensuring sustainability in the supplychain. Supplychain collaboration: a broader perspective Supplychain collaboration goes beyond linear relationships within a traditional supplychain.
It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supplychain.
In todays highly competitive market, where there is an expectation of rapid delivery, every link in the supplychain is critically important to ensure that products are manufactured efficiently, and waste is minimized. ERP systems), requiring a more integrated approach to supply flows.
Lack of Mentorship: Furthermore, women in the supplychain may encounter a lack of mentorship and networking opportunities, which are essential for career development and advancement. Stronger Teams, Better Decisions: Moreover, diversity in supplychainmanagement contributes to improved employee morale and engagement.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content