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GM confident it can mitigate tariffs

Let's Talk Supply Chain

The ‍company’s commitment to efficiency and operational excellence will play a crucial role in managing tariff-related uncertainties,‍ ensuring sustainable growth and profitability in the long run. One key aspect of GM’s tariff mitigation strategy has been the implementation of innovative supply chain solutions.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. Learn to manage and control your suppliers to improve your purchasing efficiency and expand your supplier base. .

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Best Practices & Strategies for Supplier Risk Management

TYA Suite

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

Key metrics were tied to cost reduction and spend under management. Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Collaboration with finance was transactional rather than strategic. Analytics and insights from procurement data were minimal.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Introduction.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

But to more deeply understand how it can support business planning, we should differentiate the need for process and decision automation on one hand from the planning knowledge augmentation. Executive decision making in a business planning cycle will be best served by augmentation, not automation.

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Bridge the Gulf Between Supply Chain Planning and Finance

Supply Chain Brain

The majority of manufacturing companies manage planning through two separate teams. The operations team balances supply and demand and calculates future capacity and supply needs. Through such periods the financial and operations plans often diverge, sometimes dramatically.