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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Management of the cash-to-cash cycle is critical to maintaining working capital. Some firms like Dell manage a negative cash conversion cycle.

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“You’re Only as Good as Your Worst Supplier”

Talking Logistics

As reported in the article, it appears that inadequate training was a contributing factor in this case too: “After the problems emerged, high-ranking Pratt executives spent weeks on the ground in Londonderry , training UPS workers who were unfamiliar with jet-engine parts [emphasis mine] and working out kinks in the companies’ inventory software.”.

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6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Increasingly, businesses are driven by the need to improve productivity, minimize costs, reduce inventory and drive up asset utilization.