Enterra Insights

AUGUST 29, 2023

2] With the world in a state of constant turmoil, supply chains risks abound. Cybersecurity Risks Gary Stevens , an IT specialist, states the obvious, “The best way to preempt a cyberattack is to reduce the risks before the attack occurs. . Following are some of their suggestions.

Risk Management 130

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ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Today’s complex, global supply chains remain extremely vulnerable. Mitigating and Measuring Risk Impact.

Supply Chain Risk Management 130

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Resilinc

DECEMBER 5, 2023

In reality, supply chain AI has been helping to address the complexities of global supply chains for over the last decade. Yet, numerous global supply chains today still struggle with mapping their global suppliers. In some cases, it feels like AI is just starting to take off.

Supply Chain Risk Management 75

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Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? When you break down these two concepts into their various components, both involve mitigating risks in your supply chain—such as extreme weather , ESG risks , and geopolitical risks.

Supply Chain Risk Management 99

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Supply Chain Matters

APRIL 22, 2024

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Vietnam Visit Cook’s Vietnam visit was headlined by local and global media as pledging to buy or produce additional product components in that country. Is iPhone U.S.

Sourcing Strategies 52

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Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

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GlobalTranz

NOVEMBER 19, 2018

That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

Supply Chain Risk Management 189

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BlueYonder

OCTOBER 4, 2022

to the recent devastating floods in Pakistan , we’re witnessing a series of natural and humanitarian crises unfold as a result of global warming. Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Learn more at www.ivalua.com.

Optimal Sourcing 130

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ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. Understanding Supplier Risk Management.

Risk Management 147

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ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Striking the Balance between People, Process and Technology. Will digitization improve performance?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Enterra Insights

FEBRUARY 22, 2024

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. Today, nearly 90 per cent of global trade is carried by sea-going vessels. As a result, maritime shipping lies at the very heart of the global logistical system. ” How bad have things become?

Panama 130

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Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

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Resilinc

SEPTEMBER 24, 2023

However, as we learn more about how disruptions impact supply chains, it is time for companies and supply chain managers to reconsider the traditional view of black swan events. What are Black Swan Events in Risk Management? Globalization means that the impact of events is less localized and, therefore, more impactful.

Supply Chain Risk Management 58

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Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Today, ears are no longer deaf to the topic of supply chain risk management. … Yet, limited prior planning exists for a global pandemic such as Covid-19.

Supply Chain Risk Management 100

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Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

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Enterra Insights

DECEMBER 28, 2023

”[1] As they scan the geopolitical horizon, they see warning signs everywhere and they insist that “mitigating these business risks is a critical element for all markets.” ” They add, “Geopolitical risks … can severely disrupt the highly interconnected global economy.

Supply Chain Planning Software 130

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QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 83

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Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process.

Supply Chain Risk Management 255

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Enterra Insights

APRIL 4, 2018

Companies with global supply chains are scrambling to make them more resilient as protectionism increases, tariffs are levied, and rumors of trade wars heat up. Kearney executives Sean Monahan ( @SeanTMonahan ) and Johan Gott ask, “Is your global supply chain living dangerously?”[1] ”[2] Those risks are: 1.

Risk Management 100

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Supply Chain Opz

MARCH 21, 2014

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. Global supply chain environment is dynamic and many issues changes quickly.

SCM 263

SCM Global Supply Chain Resource Reduction 263

Elementum

MAY 10, 2017

Risk management is important in a company. A company cannot possibly define its goals for the future without first analyzing and identifying possible risks, challenges, or disasters it may encounter. Effective risk management strategies empower companies to reduce supply chain risks and maximize profit at the same time.

Risk Management 109

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Software 109

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ultimately mutually beneficial relationships.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. World economic growth was forecasted to slow from 3.5

Predictive Analytics Software 59

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LevaData

FEBRUARY 14, 2022

But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. Issues like torrential flooding to devastating hurricanes can (and will) affect environments in which materials are sourced, leading to decreased supply and price increases.

Sourcing 80

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HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. This has been acutely highlighted since the turn of the decade due to global events. The Global Supply Chain Landscape: What is the current situation?

Supply Chain Planning Software 52

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Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. Bob Ferrari Founder and Managing Director © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Predictive Analytics Software 52

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Manufacturers, retailers, and logistics organizations can leverage generative AI-powered knowledge management systems to optimize operations and make informed decisions.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

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Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. compared to the 48.7

Manufacturing Procurement 52

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Proxima

OCTOBER 10, 2023

All that has been highlighted so far has focused on the threats of supply chain risk, but what if we flipped this round? What if, instead of looking at these developments as threats, we viewed building supply chains that are resilient and transparent as a source of potential competitive advantage? The adoption of Industry 4.0

Modeling 59

Modeling Modeling Software Optimization Modeling Supply Chain Software 59

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

CH Robinson Transportfolio

JULY 22, 2016

Global Risk Management: Balancing Prevention and Response. Theft, political unrest, labor disputes, natural disasters , contract errors, insurance issues…all are issues that may be keeping you up at night and keeping your global shipments from their destinations. Accountability. Scorecards. Visual Mapping.

Risk Management 34

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ThroughPut

OCTOBER 1, 2020

A recent study by Deloitte revealed that almost 85% of surveyed global supply chains had experienced at least one disruption in the past 12 months. What is Supply Chain Risk Management? The Supply Chain Risk Management Lifecycle. Five Strategies to Proactively Manage Supply Chain Risks.

Supply Chain Risk Management 52

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The Logistics of Logistics

JULY 7, 2023

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logistics Network Optimization Software 234

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Taulia

MAY 18, 2022

Much has been researched and written about the global trade finance gap. In 2018, Taulia estimated that $14 trillion in working capital was locked up in global supply chains. At the other end of the spectrum, SMEs require greater capital consideration because they carry a higher financial risk.

Optimal Sourcing 98

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Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. BD, was using a supply chain risk management solution. Supply Chain Chaos is the New Norm.

Supply Chain Visibility 206

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