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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity. About the research.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

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.

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances. Technology designed for manufacturers, such as ERP systems , provides organisations with improved visibility of the reliable local suppliers and their supply chains. The supply chain of the future.

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Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

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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. While many might clap their hands and exclaim the end of three-years of unprecedented supply chain disruption, I say, “Not so fast.” Over the past three years, supply chain cycles shifted.

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The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

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Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.