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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

Shift in the centers of gravity of the demand: As of the beginning of April 2022, about four million Ukrainians have left the country for neighboring countries such as Poland, Romania, Slovakia, Hungary and Moldova. You will need to engage your procurement, sourcing, and finance teams as part of such an effort.

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ABB’s Daniel Helmig: “We are moving to virtual centres of expertise”

Supply Chain Movement

Daniel Helmig, head of ABB’s Supply Chain management, is currently busy implementing supply chain transformation throughout the company’s 450 plants and many project sites as the company consolidates back end processes and establishes ten global transportation management centres. “It I’ll be fully committed to this for the next two years.”.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. . An uncertain picture relative to ongoing labor unrest among supply chain workers coupled with ongoing uncertainty relative to global and domestic transportation and logistics services provides additional challenges for supply network and supply management professionals.

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This Week in Supply Chain Management Tech September 8 2022

Supply Chain Matters

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 Co-founded in 2017 by CEO Kevin Frechette, COO Tarek Alaruri, and CTO Victor Kushch, the company is headquartered in Boston, Massachusetts and has offices in New York and Poland. Expands C-Suite Amid Increased Technology Demand.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. Whereas the coming four months are generally viewed as a peak period for production and global transportation resource needs, we sense far more muted levels with added risks of excess capacity prevalent. Uncertainty remains a keen factor in planning and resource assessments.

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GrandVision: “We are changing completely as we become demand driven”

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. And we are still on a journey with many more opportunities,” the Vice President Supply Chain says. It is a very significant change.

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NFTs & Supply Chain: What Are The Applications?

SCMDOJO

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. Streamlining Procurement Operations. To streamline the procurement operations, a critical point is to have 100% transparency from the supplier’s and buyers’ sides.