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Supply Chain Resilience. Really?

Supply Chain Shaman

I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management.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. In the research, I ask inventory planners to define resilience. Is this a risk to resilience? Today, this is not the case.

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Supply Chain Executives are building “Centers of Excellence” – because they support business strategies!

NC State SCRC

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”. Thesystemsthinkingreview.co.uk.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

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Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. It’s ironic, isn’t it? The reason?

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

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Auto Supply Chain Prophets Podcast Wrap-up: Eps. 46-50

QAD

Episode #46: The Crucial Role Of Risk Management In Future Supply Chains Natural disasters, cybersecurity threats, global trade issues, equipment failure; supply chain disruption comes in many forms for automotive suppliers and companies can’t afford to take the pedal off risk management activities.

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Supply Chain Department – A Typical Structure

SCMDOJO

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability.