article thumbnail

Protecting your supply chain against catastrophic events

Spend Matters

Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience. For Procurement teams, it is becoming more important to understand which suppliers are located in areas prone to experiencing natural hazards.

article thumbnail

The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics. Janice Marquardt Janice Marquardt has been a driving force in the supply chain sector for manufacturing and energy businesses since 2011.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Supply Chain Resilience and Sustainability – Partners or Adversaries?

Arkestro

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. The good news is that these two goals are not mutually exclusive—in fact, sustainability can be a big part of building a more resilient supply chain. .

article thumbnail

How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The 2011 Tohoku earthquake and tsunami caused a $210 billion in cost for Japan. had to shut down temporarily.

article thumbnail

Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. For example, cost-saving metrics can help identify opportunities to reduce expenses and increase profitability.