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7 Ways to Create Perfect Agile Supply Chain Machine

Supply Chain Opz

Agile Supply Chain concept has been discussed widely but the definition can be a bit vague. In this article, we will explain how agile supply chain theories were developed and 7 ways to create agility in your organization. Leagility In 1999, Naylor et al.

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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions

SCMDOJO

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. Enhanced Agility: Enables rapid response to unexpected supply chain changes.

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Why Agility and Creativity are the New Vital Procurement Drivers  (but don’t sacrifice “effectiveness”)

ivalua

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . But then we move on to our two other targets – agility and creativity, which define where Procurement needs to go in order to sustain its contribution into the future. . Effectiveness is a better word than “efficiency”, of course.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

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.

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The Science and the Art of Procurement

ivalua

Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates. But, as we move towards a new decade, perhaps the wind is shifting, and we may see a different focus in the next ten years.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) However, whats really missing hereneeds analysis.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?