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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. To side-step this issue, build planning processes to use market data. Shift in cycles.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

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The Procurement Economy in 2019: Bracing Yourself for the Future

Jaggaer

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Sales and Operations Maturity Model from 2005-2008. I also share data to try to convince you to join a guiding coalition to think bigger. Sales data has the greatest bias and error due to bonus incentives. Without clear governance, customer data never sees the light of day. We will not use data unless it is perfect.

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Navigating COVID-19: Mid-term Procurement Strategies for a Managing the Crisis

Jaggaer

Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Procurement teams need to be able to make decisions rapidly and relay them to suppliers immediately. Revise Your Contracts.

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Period of high financial risk to suppliers on the horizon

Resilinc

Procurement and supply chain managers should take that adage seriously for the next year to 18 months, given the prospects of a recession in the United States. In the 2008-2009 recession, export-dependent countries in Asia suffered a 15% drop in GDP in Q4 2008 due to their dependence on export markets, according to IMF analyses.

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Artificial intelligence & your data: 3 key takeaways from DMSCA2018

Xeeva

He also discussed what AI is and how it’s impacting manufacturing, supply chain, procurement, and other industries. Related: Get started with your procurement data using AI technology. Make the first step in getting started with your procurement data by downloading the whitepaper today. Change can be scary.