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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. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

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What is Contract Lifecycle Management (CLM)?

ivalua

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. .

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Contract Management Process — Everything You Should Know

Procurement Tactics

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . A contract is a legally binding document which is why it needs to be well-researched and properly prepared. Preparation.

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Exploring the Automotive Chip Shortage Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Here at Supply Chain Game Changer we believe that Supply Chain Visibility has never been more important. Further we believe that the future is unequivocally the Digital Supply Chain.

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High Speed 2’s approach to building supply chain transparency

Procurement Leaders

Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Supplier profile: The supplier profile provides visibility into: Headquarter location. Number of employees.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.