Remove Real-time Visibility Remove Seminar Remove Supply Chain Efficiency
article thumbnail

Best Practices & Strategies for Supplier Risk Management

TYA Suite

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Building strong relationships fosters transparency and encourages suppliers to share information about their operations, helping to identify potential risks.

article thumbnail

Is Cisco Really Driving 21st Century Supply Chain Innovation? (Revisiting the 2007 Cisco Post in 2023)

Procurement Insights

Recognizing “the challenging piece” is linked” to understanding “the kind of interaction you want to resolve with customers and supply chain partners.” If Cisco has achieved a single source of truth visibility, maybe we should look at how they did it and emulate them? And this is the key to the Mendez statement.)

article thumbnail

Sometimes old dogs know more about today’s technology and the procurement profession and can teach the young ones a thing or two.

Procurement Insights

But through this voluminous wave of exciting breakthroughs and must attend seminars, occasionally one will grab your attention. Specifically, the reference to spend visibility and analytics as being much more complex, requiring data cleansing, rationalization, classification and other efforts. well you get my drift.