Remove Demo Remove Procurement Remove Sourcing Remove Transportation
article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

article thumbnail

3 Main Benefits of Sourcing Locally

EC Sourcing Group

As consumers become more conscious of unethical supply chain practices and the impact of their purchasing decisions on local economies, companies are increasingly looking to local sourcing to support their communities and foster brand loyalty. Also, companies may need to invest in new infrastructure and processes to support local procurement.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

I still hold hope that SAP could get serious about supply chain planning, but I have given up on Oracle (with the exception of transportation management.)) Avoid pretty demos and RFP processes. Don’t run a selection process through procurement or finance. Source: Horse for Courses definition Oxford Dictionary

article thumbnail

What Are the Benefits of Procurement Software?

EC Sourcing Group

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

article thumbnail

What Are the Benefits of Procurement Software?

EC Sourcing Group

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

article thumbnail

Supply chain shockwaves from the Taiwan earthquake

Resilinc

If you want to learn more about how Resilinc can help your supply chain become ‘anti-fragile’ schedule a demo here. Multiple wharfs at the port suffered bulging. Disruptions that impact their competitors allow them to gain a competitive advantage in a time of crisis.

Taiwan 94
article thumbnail

5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. This allows companies to see what is in demand, source alternative materials, and negotiate new contracts with suppliers at opportunistic price points. This is where CommodityWatch AI can help.

Modeling 111