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Access the full recording to learn more about: Current supplychain challenges. Gaining insight into valuable supplychainanalytics. Improving resilience and relationship management. The post Driving SupplyChainResilience with Rolls Royce and Ivalua appeared first on Ivalua.
In an age where supplychains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. Organizations must anticipate risk, adapt faster, and recover smarter. Analytics allows organizations to move beyond intuition.
Supplier management involves selecting, onboarding, and maintaining relationships with tier 1 suppliers and those further up the supplychain (tiers 2 and upward). Effective supplier management ensures quality control, risk mitigation, and compliance with sustainability and ethical sourcing standards.
This means having the ability to improve the management of, working capital, optimize value network flows, minimize value network risk, plan for strategic capacity and contingency, and, perhaps most importantly, decision-making that is “in the moment” that spans the entire value network.
Here are the 7 supplychain management trends for 2023 – Building agile supplychain ecosystems. Managing supplychainrisk. Improving supplychainanalytics. Enhancing supplychainresilience. Improving supplychain sustainability.
It covers fundamental concepts, core supplychain functions, and advanced topics that include: SupplyChainAnalyticsSupplyChainRisk Management Sustainable SupplyChain Management Global SupplyChain Management Moreover, it’s important to note that the topics covered in a CSCMP certification may vary depending on the topic level and format.
Helps you stay proactive to mitigate disruption and risk According to the Business Continuity Institute , 72% of suppliers who dealt with a breakdown in their supplychain lacked the full, real-time visibility needed to come up with a fast and simple solution.
It makes them more resilient and agile. Risk Mitigation SCM minimizes supplychainrisks through careful planning and collaboration. Proactive risk management prevents major losses. Lean and just-in-time principles eliminate waste and align supply closely with demand.
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