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How Tariffs Disrupt Supply Chains: A Closer Look at Strategy, Inventory, and Resilience

RFgen

Imagine a mid-market fitness equipment company sourcing metal frames from Taiwan. We advocate for continuous innovation as a key tool in future-proofing supply chains. Thats why companies are investing heavily in visibility tools. A sudden 20% tariff hits, raising costs overnight. None of those choices are cheap or fast.

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Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The concept of using Total Cost of Ownership models to inform Procurement sourcing decisions is to take all of these different factors in to account, beyond just price. Subscribe to Supply Chain Game Changer.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Overcome supply chain challenges – and maximize margins in the face of inflation – with retail planning software and demand forecasting tools. Material Handling & Logistics ).

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Case Study: Ewellix

Procurement Academy

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. The results Ewellix launched the training to their procurement and supply chain team in early November 2022 and have already seen results.

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The Hackett Group 2024 CPO Agenda

Jaggaer

A Response (Part 1) The annual CPO Agenda from the Hackett Group always makes fascinating reading, as it reveals the changing priorities of the world’s procurement leaders. This is impossible using manual methods or rudimentary tools. Cost reduction is back in the top spot, as it was in 2021.

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Top 5 Factors that Impacted Commodities in 2022

Resilinc

Resilinc’s customers use the service to plan purchasing strategies, identify cost arbitrage opportunities, leverage pricing negotiations, and gain competitive advantages. But the AI-powered tool empowers supply chain and sourcing teams to monitor and forecast supply and pricing trends and use that intelligence for strategic advantages.

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What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

Most companies weren't buying from China or Taiwan or Malaysia like they are today. They're actually complex adaptive systems (CAS), but software really likes linear processes. As late as the late 80s, at least for the majority of North American companies, supply chains were predominantly local and, perhaps, nationwide at most.