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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. A Complex Supply Chain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. A Transformation Journey.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. However, because of the trend toward digital transformation, organizations have had to invest substantially in new technologies.

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Overcoming Hurdles to Supply Chain Transformation

Enterra Insights

.”[1] As a result, there has been more and more talk about the need for supply chain transformation. Any supply chain transformation effort worth undertaking should address organizational hurdles and position a company to take advantage of emerging opportunities. Supply Chain Transformation Hurdles.

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Supply Chain Transformation, Part One: The Transformation Imperative

Enterra Insights

He writes, “Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident. ”[2] He insists supply chain innovation today is not a choice, but an imperative.

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Post-Pandemic Supply Chain Transformation

Enterra Insights

He explains, “Localized supply chains can be more resilient and are not as susceptible to trade wars or other global events. This strategy only works if your suppliers are local and their materials are sourced locally too, otherwise global risks will remain in your supply chain.” ” 3.

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Supply Chain Transformation, Conclusion: Future-Proofing the Supply Chain

Enterra Insights

Gartner analysts insist supply chains can no longer afford to be reactive to changes in the business environment. In order to future-proof supply chains, they insist companies must be proactive. Resilience has replaced ‘single-source, just in time’ as the guiding principle of supply chain management.”

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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Mr. Rodríguez is the operations strategic planning manager and he leads a team focused on the company’s supply chain design.