This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Visibility is a massive challenge for most supplychains. Businesses often dont know whats going on past their tier-one suppliers, so disruptions and delays can hit suddenly and unexpectedly. As…
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supplychain complexity. One area that manufacturers need to focus on is improving supplychainvisibility. Visibility all the way up the supplychain.
Subscribe to SupplyChain Game Changer. SupplyChainVisibility Has Never Been More Important! SupplyChainvisibility article and permission to publish here provided by Adam Miglio. And the limitations in supplychainvisibility seem to start right here. Email Address.
Supplychains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supplychain resilience as well as supplychainvisibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.
Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association
In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supplychain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supplychainvisibility.
Subscribe to SupplyChain Game Changer. SupplyChainVisibility – 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 SupplyChainvisibility.
The release features a broad array of innovations to empower customers to better manage their spend and suppliers. Through its ease of use and native integration with the sourcing solution, SDC will empower any user to leverage optimisation and make smarter allocation and supplier selection decisions.
For today’s vendor viewpoint we asked Austin Fuller, Director, Product Marketing at supplychain risk management specialist Exiger Have you witnessed a significant change of appetite for risk-related tech over recent years from your customer base? Supplychain risk is also more complex now.
The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. Supplychains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. Procurement is at a crossroads.
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 supplychainvisibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.
Subscribe to SupplyChain Game Changer. The Toilet Paper SupplyChain! In the midst of the Coronavirus pandemic the need for complete, end to end SupplyChainvisibility has never been more important! SupplyChainvisibility and the Digital SupplyChain has never been more important!
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychainvisibility.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? Supplier Performance Evaluating supplier performance based on key metrics such as on-time delivery, quality of goods received, adherence to agreed-upon terms, and responsiveness to inquiries.
This leap in AI capabilities is revolutionizing industries, and AI-driven supplychain management is no exception. The Role of Agentic AI in SupplyChainsSupplychains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supplychains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supplychain team is so important.
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global SupplyChain — Everything About SupplyChain Global supplychain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
What would Simon Terry say about SupplyChainVisibility in 2023? To what degree has our visibility into our supplychains improved – for example, regarding Scope 3 emissions reporting, we now realize our lack of insight into Tier 2 and 3 suppliers.
SupplyChain Collaboration Solid relationships with suppliers can enhance supplychainvisibility. Supplychainvisibility with a responsive community is a fantastic combo that optimizes inventory and reduces obsolescence in the blink of an eye. Click here!
Primarily, our customers are prioritising supplychainvisibility, adopting proactive risk management strategies and staying compliant with evolving regulations. The need for robust risk management has never been greater, with companies increasingly focused on preventing reputational damage and avoiding regulatory penalties.”
Supplychains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable.
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supplychain.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supplychainvisibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supplychain.
Here are five critical “touchpoints” in the supplychain. How does “visualizing spending, benchmarking suppliers, and maximizing profits” impact the following areas individually and collectively? How about a client retail chain losing market share?
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychainvisibility and monitoring solutions a top priority.
In a whirlwind of developments in the world of supplychain management, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute for Supply Management has also made waves with their latest updates.
Download your IDC Spotlight to learn how to react quickly to supplychain disruptions, use tools to improve collaboration with suppliers and increase supplychainvisibility using a bu siness network.
SupplyChain Transformation is ongoing but never more important than in 2021. SupplyChain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supplychains. What Will Impact Procurement Processes in 2021?
Supplychainvisibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supplychain. By having a clear view of their entire supplychain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supplychain resilience, and modernizing outdated operating models. This involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
Why Do We Need SupplyChainVisibility? Supplychainvisibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses?
In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supplychainvisibility–and the changes that need to be made. By taking steps now to improve supplychainvisibility, procurement teams can position their organizations for success in the years to come.
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 supplychainvisibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.
Achieving supplychainvisibility isn't a matter of spending years to acquire a fixed view of suppliers, says Jack Dobson, commercial account lead with Palantir. It's about managing relationships that are in constant flux.
Categories: Procurement Systems & Architecture , SupplyChain , SupplyChain Management , SupplyChainVisibility Tags: EU , procurement systems and planning Food is a universal commodity, and most people take the fresh food supplychain for granted. Read more. ).
From this discussion, we compiled a list of 8 critical supplychain management activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers. You Appreciate the Real Impact of a Successful Supplier Diversity Program. alternatives. alternatives.
But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Early collaboration among engineering, sourcing, and suppliers brings better ideas to the table in terms of product design, features, and costs. Suppliers are always looking to hide sources of cost.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content