Remove Eliminating Excel in Purchasing Remove Metrics Remove Risk Management Remove Shipping
article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Initially, the output was published to procurement to design strategic buying strategies. Dwell times grow as more and more ships sit in the ocean waiting to unload.

article thumbnail

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. Source E2open Shipping Index). Focus on Cost.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Source E2open Shipping Index). Focus on Cost.

article thumbnail

Supply Chain Department – A Typical Structure

SCMDOJO

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Enroll Now!

article thumbnail

Top 3 Challenges Facing High-Tech and Semiconductor Supply Chains

Resilinc

There are so many regulations like UFLPA and the German Due Diligence Act and others that are impacting global logistics and shipping. For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices.

article thumbnail

From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available.

article thumbnail

The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.