article thumbnail

What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist. Stalwarts of Business Planning Showing Cracks.

article thumbnail

Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

In 2021, The Hackett Group found in their Supplier Diversity Study that 69% of respondents had global supplier diversity programs with intentions to expand that program over the next several years. As new sources of data arise, our integration toolkit allows these sources to be integrated into the platform quickly and easily.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes.

article thumbnail

Global Supply Chains — A Source of Strength

Enterra Insights

For years, ‘faster, cheaper and more efficient’ has been the supply chain manager’s mantra. Shoring up their supply chains and shielding them against future shocks will challenge leaders to strike a new equilibrium between efficiency and reliability. But the challenge also opens up an important opportunity to create value.”[1]

article thumbnail

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor. Change of Leadership and Overall Business Strategy.

article thumbnail

Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

article thumbnail

A Holistic Smart City Strategy Requires a Digital Twin

Enterra Insights

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. “According to ABI Research, cities are expected to save $280 billion by 2030 for more efficient urban planning via digital twins.”[4]. ”[4].