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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Suppliers, in turn, benefit from improved demand forecasting and operational predictability.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

In response to increasing expectations from customers and stakeholders alike, some businesses are leveraging the transparency and immutable record of blockchain to uphold their ethical and sustainable sourcing practices. Try out cognitive intelligence free for 30-days. How is sourcing strategy different than procurement strategy?

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Procurement Tracking – Everything You Should Know

Procurement Tactics

This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities. These tools allow for automated, integration to suppliers and visibility in procurement data at any time.

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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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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

Companies can achieve remarkable levels of demand forecasting accuracy with AI forecasts and even ghostwriting services can do that. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. billion by 2026.