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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.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. Efficient order fulfillment processes ensure timely and accurate delivery, enhancing customer satisfaction.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Customers receive orders on-time without backlogs. Plan The planning phase focuses on forecasting demand to determine what products are needed, the quantities required, and timing of orders. Accurate demand forecasts enable effective supply chain planning. It improves product availability and order fulfillment rates.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. This one builds on the visibility level.

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How Cognitive Learning Changes the Game in Supply Chain

Solvoyo

Simply, a cognitive supply chain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. The benefit of a cognitive supply chain for businesses is that it eliminates noise, which in turn promotes insights and can lead to improvement.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Supply chain planning involves interaction with different types of information based on internal and external data sources.