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What is supply chain resiliency?

IBM Supply Chain Blog

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

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Supply Chain Resilience and Sustainability – Partners or Adversaries?

Arkestro

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. The good news is that these two goals are not mutually exclusive—in fact, sustainability can be a big part of building a more resilient supply chain. .

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

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Protecting your supply chain against catastrophic events

Spend Matters

, complete lockdowns on people’s ability to travel, work and create, wreak havoc on normal business operations with a compounding shockwave across supply chains. Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience.

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What are the best Supply Chain Strategies for 2021

ivalua

While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist. Supply Chain Resilience vs Low-Cost Supply Chain.

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Top 4 Business Drivers for Investment in Procurement Transformation 2023

Zycus Cognitive Procurement

ESG Adoption and Integration: As the business dynamics continue to change, so do the sourcing and procurement mandates. Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience.

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Procurement Technology – What It Can & Can’t Replace In A Manufacturer’s Journey Towards Supply Chain Resilience And Agility

ivalua

Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis. Managing a Complex Network of Direct Material Suppliers. Supply Chain Resilience and Agility.