Remove Eliminating Excel in Purchasing Remove Information Remove Risk Management Remove Transportation
article thumbnail

Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

article thumbnail

Supply Chain Resilience. Really?

Supply Chain Shaman

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. I am currently doing research on inventory management. Today, this is not the case.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

article thumbnail

How to implement an efficient risk management system

SupplyOn

Efficient risk management is key to making supply chains and production capacities more resilient. Efficient risk management plays a central role in meeting these challenges. Yet: without data consolidation, there are no meaningful results for risk assessment. Which specific transport is impacted?

article thumbnail

What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? Which gets me to the question, “What is supply chain management?

article thumbnail

5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually.

article thumbnail

Freight Data Trends for 2019 and How a TMS Will Grow in Value

GlobalTranz

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.