article thumbnail

How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

article thumbnail

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

NC State SCRC

In many cases, this is known as “off-shoring”, when these services are located in places like Bangalore, India one of the more common locations for shared services. There are two arguments for sharing services: [2] The ‘ less of a common resource’ argument and the ‘ efficiency through industrialization’ argument.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Relieving Consumer Pain Points on the Digital Path to Purchase

Enterra Insights

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain. times India.”[4]

article thumbnail

Trends 2024: Risk Management

Enterra Insights

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Recently, Thibaud Molin , a partner at the KYU, told reporters at a press conference, “The world has entered a zone of uncertainty.”[1] “China reported only 5.2% It is expected to further decelerate to around 4.5%

article thumbnail

The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . That’s where omnichannel retail trends enter the equation.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

Prediction Background In our prior 2023 predictions published a year ago, we included two separate predictions related to how supply management and their strategic sourcing teams would encounter an added focus on business strategy alignment. Added Evidence Data According to U.S. exports to China declined 2.2

article thumbnail

Geo-Political Forces Become More Complex for Industry Supply Networks

Supply Chain Matters

is making investments to enhance domestic sourcing and production within noted strategic and economic industry sectors. As Supply Chain Matters pointed out in our March industry specific commentary , both China and India have been strategically posturing to become legacy semiconductor fab production global hubs over the coming years.