Arkestro

DECEMBER 5, 2024

The technological advances that power Predictive Procurement make it a natural fit for fast-paced industries like high-tech manufacturing , which require high levels of precision, speed, and quality to meet exacting standards and regulations. In short, it is revolutionizing nearly every aspect of high-tech manufacturing.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

According to Geraint John , Vice President Analyst with the Gartner Supply Chain practice, “Supply chain executives overwhelmingly recognize the necessity to make their networks more resilient and agile.” In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 93

Jaggaer

FEBRUARY 13, 2025

Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience. At H&Z we have developed a three-step approach to addressing this challenge: First, measure the emissions related to the companys supply chain.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Product quality and safety.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

ivalua

MARCH 24, 2022

Having a complete view of all activities across the Source-to-Pay process is paramount to building effective and resilient supplier relationships. Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Let's Talk Supply Chain

FEBRUARY 23, 2025

Collaborative Partnerships: The company is actively engaging with suppliers to ‍foster stronger relationships, ensuring a more synchronized and responsive supply chain. The aerospace giant’s dedication to sustaining these improvements reflects its commitment to efficiency and quality in aircraft manufacturing.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 52

HICX

OCTOBER 23, 2023

However, each factor also stems from a common cause: murky supply chains. By fixing poor-quality supplier data, therefore, brands can empower themselves to be robust. Costas believes that pharmaceutical leaders who can achieve this balance, will futureproof their supply chains and gain true resilience.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

ivalua

FEBRUARY 24, 2021

Influence Over Spend: Spend influence is among the top measurements of procurement’s performance, leading to reduced purch asing costs, improved quality and better strategic outcomes such as product innovation. Procurement has a big role to play here.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Spend Matters

SEPTEMBER 19, 2023

, complete lockdowns on people’s ability to travel, work and create, wreak havoc on normal business operations with a compounding shockwave across supply chains. Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience.

Supply chain 107

Supply chain Supply chain resilience Supply Risk 107

ivalua

APRIL 9, 2021

Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth. If procurement leaders don’t overcome technology challenges now, they risk missing growth opportunities and ensuring resilience for the future.”.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

HICX

SEPTEMBER 19, 2023

However, beneath every resilience factor, exists a common denominator. Brands with poor quality supplier data therefore make themselves weak, whereas those with reliable data can be robust. Pharmaceutical leaders who want to tackle supply chain costs with a holistic approach to resilience, can read on.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

ivalua

JUNE 29, 2021

This piece was a Harvard Business Review article in August 2020 that resonated with me and helped to reframe supplier diversity in terms of supply chain resilience. These advantages include the increased competition that diverse suppliers bring to an organization, which can directly improve quality and drive down costs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

ivalua

APRIL 8, 2021

Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. If procurement leaders don’t overcome technology challenges now, they risk missing growth opportunities and ensuring resilience for the future.”.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

HICX

NOVEMBER 6, 2023

However, each factor also stems from a common cause: murky supply chains. By fixing poor-quality supplier data, therefore, brands can empower themselves to be robust. His view is that on the one hand, each factor has unique requirements, such as finding ways to cut costs or to stop risky activities. Read full article

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Jaggaer

OCTOBER 24, 2024

The quality, timeliness, and transparency of that collaboration can have a dramatic impact on manufacturing performance. Supplier collaboration is a business essential. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

TYA Suite

NOVEMBER 15, 2024

Risks may include financial instability, delivery delays, quality issues, or non-compliance with regulations. Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Financially, managing supplier risks helps control costs.

Risk management 40

Risk management Risk Suppliers Strategy 40

Jaggaer

OCTOBER 24, 2024

Supply chain resiliency & risk mitigation Resiliency has become a key concern for businesses in a dynamic market environment. By collaborating with suppliers to improve product quality, reduce lead times, and ensure on-time delivery, companies can enhance customer satisfaction, thereby increasing brand loyalty.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 77

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience. This will benefit the entire supply chain.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Procurement Tactics

JUNE 7, 2023

Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience. Supplier collaboration also leads to long-term commitment as both parties recognize the value derived from collaboration.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Achieving these goals would not only help Chassis Brakes control spend, it would improve product quality.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Arkestro

APRIL 2, 2024

The fluctuating economic landscape has forced many procurement departments to reassess and diversify their sourcing strategies to maintain supply chain resilience. While the hurdles appear formidable, this report outlines what well-prepared procurement teams stand to benefit in this environment. After years of focusing on cost.

Procurement 52

Procurement Chief Procurement Officer Procurement team Buyers 52

Supply Chain Trend

MAY 17, 2022

Any planning, forecasting, analytics, simulations, and insights must facilitate high quality, timely decisions. Figure 1 : Demand & supply balancing decisions in an IBP cycle. The decision role will cover decision preparation, facilitation, quality management and execution feedback. A NEW DESIGN FOR THE IBP TEAM.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

Una

JUNE 5, 2024

Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. 7 Emerging Supply Chain Risks Supply Chain Disruption Diversifying your supply chain One of the cornerstones of supply chain resilience is diversification.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

Arkestro

JANUARY 9, 2024

By using data to monitor and evaluate supplier performance, teams can improve KPIs like delivery times, quality metrics, and more over time. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. Supplier performance analysis. Cost analysis.

supply chain budgeting 52

supply chain budgeting Procurement Supply chain resilience Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 20, 2023

Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience. Organizations must build tough and robust supply chains to cope with these kinds of shocks and stay competitive in the long run.

supply chain software solutions 52

supply chain software solutions Procurement Supply Chain Efficiency Supply chain resilience 52

SCMDOJO

JUNE 28, 2024

Vera Rozanova Vera is a seasoned procurement & supply chain professional with 25+ years of experience in Planning, Supply Chain, Procurement, SOP+, and Quality across diverse industries. Strategic supplier-partner relationships/partnerships are essential. She holds a degree of MBA and MCIPS.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Procurement Templates

SEPTEMBER 14, 2023

It goes beyond the traditional criteria of cost, quality, and reliability, encompassing environmental and social considerations. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Trend

AUGUST 13, 2020

It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supply chain resilience. It’s about our creativity, our intuition, our human qualities that machines will always lack.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Arkestro

JANUARY 4, 2023

At the same time, they’ll need to watch and prepare for future economic downturns and supply chain disruption. Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Zycus Cognitive Procurement

JANUARY 20, 2023

Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience. Organizations must build tough and robust supply chains to cope with these kinds of shocks and stay competitive in the long run.

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain resilience 40

Spend Matters

OCTOBER 3, 2024

They come primarily from a cyber perspective, from an anti-bribery and corruption (ABAC) perspective, from an ESG and a supply chain resiliency perspective and, of course, data privacy. This means responsiveness is reduced and the quality of the data goes down.

Risk 107

Risk Risk management Supply Chain Efficiency supply chain software solutions 107