article thumbnail

Supply Chain Network Design — Everything About Supply Chain

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.

article thumbnail

Global Supply Chain — Everything About Supply Chain

Procurement Tactics

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainable Supply Chain Analysis — Embracing Sustainability

Procurement Tactics

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?

article thumbnail

The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

article thumbnail

How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?

article thumbnail

S&OP Reimagined: Overcoming the New Normal with a Revamped S&OP Process

Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker

Now, as a variety of disruptive events cause supply chain challenges, companies are contemplating bold moves to keep business moving, including moving sourcing and manufacturing closer to home markets and maintaining a larger reserve stock to help manage the fluctuations in supply and demand.