Remove Procurement Remove Russia Remove Sourcing Remove Supply Chain
article thumbnail

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.

Russia 104
article thumbnail

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. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Logistics Viewpoints

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supply chains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.

article thumbnail

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. War in the region was always going to have a dramatic effect on global supply chains, and there are three areas where this is already evident – or likely to manifest. What can supply chain practitioners do?

Ukraine 98
article thumbnail

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

Supply Chain Matters

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. Restoring More Direct Control in Materials Sourcing.

article thumbnail

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.

article thumbnail

Transforming the Automotive Supply Chain: It’s Time to Be Brave

BlueYonder

The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation.