Remove Sourcing Remove Suppliers Remove Supply Chain Visibility
article thumbnail

Manufacturers Must Seek Better Supply Chain Visibility

ivalua

For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain.

article thumbnail

Risk management solution providers and what their customers really want – Exiger

Spend Matters

For example, if a supplier fails, there should have been leading indicators of their impending failure. Overall, customers want tech that integrates diverse data sources, speeds up risk analysis and offers clear guidance on potential mitigation steps. Finally, customers are worried about the lack of visibility into sub-tier suppliers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

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.

article thumbnail

Obstacles to Multi-Tier Supply Chain Visibility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.

article thumbnail

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

article thumbnail

Supply Chain Visibility Has Never Been More Important!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Toilet Paper Supply Chain! In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! Supply Chain visibility and the Digital Supply Chain has never been more important!

article thumbnail

7 Ways to Improve Supply Chain Visibility

Supply Chain Opz

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility.