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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

Visibility into other key inventory (e.g., Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases.

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Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

One such thing is your suppliers and their ability to provide as and when needed. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Why now, you may ask.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). The annual rate of inflation in the United States hit 6.2%

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Global Supply Chain — Everything About Supply Chain

Procurement Tactics

For instance, if an organization in Europe sources raw materials from India, manufactures the product in China, and sells it to customers in its country, then its supply chain is global. 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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Top 6 Challenges Facing Supply Chain Executives!

Supply Chain Game Changer

Here’s a look at the top six challenges on the horizon, and how supply chain executives can embrace them. Crude oil prices are a simple litmus test for economic performance—namely in how they affect the cost of fuel prices, which affect freight rates. Rising fuel and freight costs. bbl to $68.50.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing risk.