Remove e2e Remove Events Remove Risk management
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AI in procurement: How different industries are harnessing its power

Spend Matters

Leading firms are using AI to model extended value chains, linking them with AI-assisted supplier intelligence to anticipate risks before they become problems. Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone.

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

However, they are also susceptible to disruptions and risks. 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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371: Going Beyond Visibility – From Risk to Resilience: How Technology Is Transforming Global Supply chains

Let's Talk Supply Chain

04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?” No-one was prepared! Mohan “Resilience is really about people.

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How AI and Automation are Transforming Manufacturing Supply Chains

Jaggaer

Key Challenges in Manufacturing Supply Chains and Solutions The world is currently going through an era of unprecedented challenges in supply chain management. Extreme weather events (hurricanes, floods, wildfires) increasingly impact logistics and production. AI-powered risk management platforms can predict disruptions (e.g.,

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A Toast to Technology this Thanksgiving

Jaggaer

Strategy —Goal setting and determining what a successful event look like and then modifying plans in order to improve the experience. Planning —Creating detailed plans for executing the event. Devising a budget and planning out logistics, headcount, sourcing, and estimating. The same is true in procurement.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. This new era is expected to explore new horizons in supply chain management. It manages pre-designed events for managing financial issues or transactions securely.

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The Reactive vs Proactive Supply Chain! Which Will Prevail?

Supply Chain Game Changer

The goal is to reduce these events and their impact, reduce the time to resolution, and increase the speed of recovery. Implementing several of these actions will reduce the incidence and duration of Supply Chain disruptions. The level of disruption was so extensive that even the best (eg. just in time) Supply Chains faltered. Conclusion.