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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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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

professionals

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Building Resilient Supply Chains

Una

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays.

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Best Practices & Strategies for Supplier Risk Management

TYA Suite

If a supplier is struggling with cash flow or facing bankruptcy, it may not be able to fulfill orders on time or maintain the quality of its products. This involves regularly reviewing against established key performance indicators (KPIs), such as on-time delivery rates, defect rates, and compliance status.

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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain. Types of Procurement Risks Supply Risks – Supply risks involve factors that can disrupt the availability, quality, or timely delivery of goods and services.