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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. Increasing supply chain disruption meant that 28% of UK businesses lost revenue in the last 12 months, with these businesses estimating an average drop in revenue of 18%.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. The peak disruption was in December 2021. Unrest in Sudan.

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Leverage Technology and People in a Time of Supply Chain Disruptions 

Logility

Respond quickly, maximize benefits, and identify supply chain opportunities and threats. Supply chain disruptions. Smart organizations have embraced supply chain management platforms that provide complete transparency. The Human Component of Digital Supply Chains.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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What to Expect When You’re Expecting Supply Chain Disruptions

QAD

Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. These help shorten supply chains and get goods closer to end customers.

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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

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The State of Data and Insights in Healthcare Logistics

Amid significant regulatory and compliance changes around the world, they've had to contend with massive supply chain disruptions caused by the pandemic. Increasing demand for specific products is also causing supply chain shortages.