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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

In addition, 26% of respondents agree their organizations lack adequate systems for defining and triggering a response to supply chain disruption, while a quarter (25%) have an inability to effectively assess the risk of individual suppliers. The study also found that suppliers will be vital for successfully ensuring supply continuity.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

The Detroit Free Press reported last week that global auto maker Stellantis announced a senior supply chain North America leadership change after the automaker was dinged in an unflattering report regarding supplier relations in North America.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

That must span the full breadth of information required throughout the product and supplier lifecycle, from product design details to planned orders and forecasts. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source. The remaining 27% felt they performed in line.

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Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

They drive benefits such as improved business planning and improved sourcing, procurement and supplier management. George Fowler, Group Vice President, Spinnaker Supply Chain (North America). Digital twins can measure the impact of events such as port shutdowns and regulatory changes on the supply chain.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. Technology companies in North America and Europe are especially dependent on contract manufacturing in China and just-in-time shipments.

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Businesses Responding to High Inflation and Supply Chain Inventory Concerns

Supply Chain Matters

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Sources indicated to Nikkei that Samsung desires to more closely review its inventory levels to ensure that stocks are manageable. cyberattacks.

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Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. As a sourcing professional, big data can help you automate and streamline your job – if you have the right tools. Now let’s turn to why you, as a sourcing professional, should care more about big data.

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