Remove living-in-a-vuca-world-volatility
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What is Economic Order Quantity & its Advantages

SCMDOJO

The model presupposes the following presuppositions, which appear to be problematic and unrealistic to any supply chain practitioner : That the demand is known, certain and constant over time : We live in a VUCA world (volatile, uncertain, complex and ambiguous). uncertainty in the lead time ( ā€œUā€ in the jargon ā€œVUCAā€).

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Supply Chainā€™s Next Decade of Dealing With the Unknown

MIT Supply Chain

What strikes me as different today is that the new challenges we face are turning points for supply chainsā€Šā€”ā€Šand, hence, the world. Other drivers, such as the growth of e-commerce and the changing world order of nations, are still in evidence today. One example is sustainability.

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Supply Chainā€™s Must Adapt Before Global Conditions Change

Enterra Insights

VUCA is a term first used in the military that started creeping into supply chain discussions several years ago. The acronym stands for Volatility, Uncertainty, Complexity, and Ambiguity and it certainly describes the world in which we live. Wake up to the new reality that VUCA is a new norm.ā€[1]

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The Third Supplier Experience Community: Exploring how to achieve more agility, less friction

HICX Solutions

The session featured a presentation from Andrea Sordi focusing on changing the nature of the buyer-seller relationship and an interactive workshop with a live brainstorm, discussion and summarization. Procurement in the age of VUCA. Three areas to focus on. Is it to remove friction points in that relationship?

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Resilience Post COVID-19: Planning to Win the ā€˜New Normalā€™

BlueYonder

This blog was co-authored by George Fowler, GVP at Spinnaker. To provide insights into the COVID-19 coronavirus pandemic and its impact on supply chains around the world, we are delivering a blog series to help anyone looking for support and advice. Blue Yonder is committed to helping its customers face the unexpected.

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Supply Chain Risk Management ā€“ far more than just getting out of the current crisis

SupplyOn

The next crisis is just around the corner. A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future The current coronavirus crisis clearly shows how vulnerable and susceptible to disruption supply chains are today. In this context, supply chain risk management plays a major role.

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Consumer Packaged Goods in the Digital Age

Enterra Insights

CPG leaders were already struggling to navigate a more volatile, uncertain, complex and ambiguous (VUCA) commercial landscape with fewer resources while leading an increasingly transient workforce. The COVID-19 pandemic has changed the way many of us live and shop forever, and digitally savvy consumers are constantly switching brands.

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