SCMDOJO

JANUARY 9, 2025

By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Click here!

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. This could involve joint product development, shared risk and reward models, or long-term partnerships. Case Studies of Innovative Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52