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Supply Chain Risk Report: Ukraine-Russia Conflict

Resilinc

As people in the Ukraine and around the world anxiously monitor the threat of war with Russia, supply chain managers must take stock of the risks to their supply chains and focus on potential mitigation measures. Russia produces about 12% of the world’s oil and is Europe’s largest natural gas supplier.

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Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

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

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Increased input costs: Russia is the second largest crude oil supplier in the world.

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The Role of Data in Sourcing Success

LevaData

It's difficult to source and buy direct materials at scale. Due to resource constraints, procurement organizations are forced to concentrate on a few main categories: items that are either incredibly risk-prone or of significant strategic importance. The post The Role of Data in Sourcing Success appeared first on LevaData.

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The war in Ukraine and the role of supply chain professionals

Procurement Academy

Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Energy : Russia was the second-largest global exporter of oil and has been supplying over 30% of Europe’s gas. However, there is always more that can be done to address the ongoing humanitarian crisis.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.