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Bowman, SupplyChainBrain Watch: What’s in DOJ’s New Guidelines for FCPA Enforcement? More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.
If you asked those same leaders what they wished they had in place and are now investing in heavily, the answer would be “supplychainanalytics.” Moving from raw, unintegrated data to useful supplychainanalytics is expensive — and it takes time. Those that didn’t are scrambling to pay down technical debt.
A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. Effective warehousing strategies ensure that goods are properly stored, organized, and readily available for distribution when needed. Let’s explore some key strategies for optimizing supplychain management.
Guest Bio: As the Director of Digital SupplyChain Transformation at SDI, a pioneer in MRO and facilities maintenance solutions, John Delligatti stands at the forefront of driving digital innovation in supplychain management. 18.37] Why SDI created the ZEUS SupplyChainAnalytics Guidebook. “In
2) Real-time visibility is extremely valuable during times of crisis! In the supplychain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. What can we do for you? Please use this link to set up a time.
Risk Management and Mitigation Supplychains face risks like natural disasters, geopolitical events, labor disputes, supplier failures, and cyber attacks. Risk management strategies include supplier diversification, security stock buffers, business continuity planning, and scenario modeling.
It has been estimated that by 2020, 50% of all business analytics software will incorporate cognitive computing functionality in order to deliver business growth and remain competitive in today’s world. When we talk about supplychainvisibility, it does not simply mean visibility into your own supplychain.
2) Real-time visibility is extremely valuable during times of crisis! In the supplychain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. What can we do for you? Please use this link to set up a time.
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