article thumbnail

How to Navigate ESG Risk with Supplier Management Software

QAD

Brands, however, have been slow to respond to consumer demand for ethically sourced products given that this effort could require ending decades-old supplier relationships, pricing, and established logistical processes and replacing them with entirely new ones.

article thumbnail

Top 4 Considerations for Supplier Management Software Solutions

EC Sourcing Group

So if you’re wondering, “What is supply chain management and why it is important?,” it’s imperative to manage every link in the supply chain, particularly your supplier relationships. Supply Chain Management Cloud Software: Long-Term Relationships. Supply Chain Management Cloud Software: Vendor Management Portal.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What are the Key Components of Successful Supplier Management?

HICX Solutions

Here at HICX we are championing the importance and value of evolved supplier management. Evolved supplier management focuses on moving beyond mere strategic sourcing and category management, and instead encouraging organisations to think differently about how they work with their suppliers.

article thumbnail

Seven Supply Chain Processes To Stop Doing In The Pandemic

Supply Chain Shaman

In my prior articles, I have written extensively on the need for outside-in demand sensing processes based on market consumption data. I have also written about the need for supplier development programs and building robust supply chain capabilities in value networks. (I We need to align the supply chain to market data.

article thumbnail

Smart Logistics Data: The intelligent supply chain

SupplyOn

Smart Logistics Data enables a change of perspective to look ahead instead of backwards A supply chain has to be agile, robust and resilient. All this requires the intelligent use of data. But how can we really make data “smart”? But how can we really make data “smart”?

article thumbnail

Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

The Criticality of the Supply Chain (and Suppliers). How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? 5 Procurement Increasing Its Focus on and Use of Data. 2022 will be a breakthrough year for data as companies start implementing tools like predictive A.I.

article thumbnail

What are the best Supply Chain Strategies for 2021

ivalua

Managing Risk Across the Supply Chain Remains Challenging. A clear recommendation at the start of the pandemic was for organizations to map their supply chains so they know where their suppliers and key logistic hubs are located. This includes information like locations, financial stability, and key logistics strategies.