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One area that manufacturers need to focus on is improving supplychainvisibility. Here we define visibility as having access to accurate, real-time data that enables better decision making and risk mitigation. Visibility all the way up the supplychain. Visibility into suppliercapacity.
For example, Ivalua’s supplier performance management capabilities offer a centralized view of performance and risk, enabling teams to act proactively instead of reactively. Such fragmentation can make it difficult to form a complete picture of supplier relationships, contract coverage, or spend patterns.
Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining suppliercapacity in a high-risk category, supplier collaboration works to your advantage.
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