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3 ways collaboration can make supply chains more durable

Strategic Sourceror

This was a sentiment shared by just about every product-based company during the pandemic, when the efforts designed to stamp out COVID-19 wound up wiping out supply chains more than anything else. Many of those supply chains remain in rough shape in a variety of respects, from raw materials being hard to come by to staffing shortages.

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Digital Procurement Tools: How much do they cost?

Procurement Software

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

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Resilience is the New Critical Supply Chain Strategy!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! Resilience article and permission to publish here provided by Sam White at Argentus. As everyone in Supply Chain Management knows today, the field has come a long way. Subscribe Here! Email Address. Get Our EBOOK HERE.

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How do rising interest rates and inflation affect global supply chains?

EazyStock

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Shortages in raw materials, energy, shipping, and labor required that CPOs performed at the top of their game to ensure business continuity. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way. Always have another supplier for any mission-critical raw materials in case there are issues of any kind with your primary suppliers.

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