October Marked Seventh Straight Month of Increased Spare Capacity
Supply Chain Brain
NOVEMBER 16, 2023
The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.
Supplier capacity Related Topics 
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Manufacturers Must Seek Better Supply Chain Visibility
ivalua
DECEMBER 16, 2015
Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk. There are two initiatives that we believe manufacturers should elevate to the top of the priority list for their company: tracing the upstream supply chain and supplier capacity management.
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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance
Jaggaer
OCTOBER 24, 2024
For example, regionalizing EV battery manufacturers or suppliers of microchips in lower-risk countries can decrease dependencies, yielding advantages even if the manufacturing costs of the new suppliers are higher. The importance of proactive engagement with suppliers should not be underestimated.
Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration
Jaggaer
OCTOBER 24, 2024
Another benefit is more resilient supply chains that can profitably weather disruptions when the best-laid plans are interrupted. Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage.
Procurement’s Role in Building Social License
Una
JUNE 6, 2024
To overcome this, procurement can: Quantify the long-term value of stronger community ties and brand reputation Benchmark against competitors to show the market rate for ethical/local sourcing Negotiate with preferred suppliers to keep costs competitive Explore creative financing options like social impact bonds.
5 New Year’s Resolutions for Procurement
Una
DECEMBER 8, 2022
Make yourself available to guide suppliers through your requirements and answer any questions. Look for contract hurdles that exclude small, diverse suppliers. Look for ways to help increase diverse suppliers’ capacity so you can work with them more.
The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships
Jaggaer
OCTOBER 24, 2024
For example, AI can assess risks associated with a supplier’s capacity to meet contract terms, especially in high-risk categories or tight timelines. It also quantifies potential risks tied to suppliers with inconsistent performance. AI provides helpful assistance in identifying your supplier capacity and planning accordingly.
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