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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. In order to stay ahead of inflationary trends, procurement teams need to be proactive and continuously adjust their strategies.

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Analyzing Supply Chain Risk

Enterra Insights

Supply chains are a mess, inflation is on the rise, the pandemic lingers, natural disasters are intensifying, fraud is growing more prevalent, and global tensions are increasing. James Johnston ( @JamesA_Johnston ), Regional Vice President at Cloudera, notes, “Supply chains can be considered the lifeblood of the global economy.

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The New Retail Paradigm with Ali Raza

The Logistics of Logistics

Ali is a theory of constraints (TOC) practitioner who founded a company to help supply chains to improve throughput. an AI-Powered software to help companies run leaner, faster, smoother, and safer operations out of the box. Ali joined his first tech startup while still an undergraduate student at the University of Pennsylvania.

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Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

While my town in Pennsylvania is releasing restrictions, and people are starting to gather again in large groups, I say, “We cannot be too careful.”. Supply chains were ill-prepared for the pandemic. As supply chain professionals, we have never managed the supply chain through a pandemic. The answer?

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The Appointment of Hershey’s First CTO

Supply Chain Matters

One of the areas that the Supply Chain Matters blog has focused on since our inception is bringing visibility to how a background in the many functional areas that make-up supply chain management can lead to other senior business leadership roles.

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Digitization and the Future of Supply Chains

Enterra Insights

” People who live in Pennsylvania are familiar with anachronistic encounters with the Amish who still traverse busy streets riding in horse-drawn carriages. When motorized vehicles became commonplace, horse-and-buggy supply chains found they couldn’t compete with modern transportation systems. ”[1].

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Consequently, staying on top of these financial trends gives manufacturers a critical edge in predicting their bottom line. How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy.