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5 Biggest Mistakes Supply Chain Managers are Likely to Make in 2021

All Things Supply Chain

The recent worldwide turmoil due to the pandemic has forced organizations to rethink their supply chain strategy. Particularly, right now there is no room for supply chain managers to let…

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Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale. Companies with a…

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Data Privacy and Security in Supply Chain Management Systems

All Things Supply Chain

Data privacy and security are no longer optional in supply chain management systems. This is no longer simply associated with the risk of system hacking or data theft, but also…

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Machine learning adoption into supply chain management on the horizon – Pharmaceutical Technology

Let's Talk Supply Chain

In ‍a rapidly evolving landscape where precision and efficiency are paramount, the realm of supply chain management is on the cusp of a groundbreaking change. leveraging advanced algorithms and predictive analytics, organizations can optimize inventory management, streamline logistics, and mitigate disruptions.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Audit Supply Chains: Identify and address environmental and social risks in the supply chain. Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supply chain disruptions or quality issues. LEED Green Associate).

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Supply Chain Risk Grows Amid Ongoing Tariff Uncertainty – Business Wire

Let's Talk Supply Chain

As businesses‍ navigate these‍ turbulent waters, the stakes have never been higher, with the potential for unforeseen risks and ‍challenges at every turn. The fluctuating trade policies and geopolitical tensions have created a volatile environment, leading to a surge in supply chain risks.

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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. Learn More About Challenges Faced In Procurement Management And Their Solutions 5. and sustainability.