ThroughPut

JULY 24, 2024

But before that… What is Supplier Risk Management? Supplier risk management is the process of identifying, assessing, and managing risks that could arise from working with third-party suppliers. The main goals of supplier risk management are straightforward. Continuous Monitoring never stops.

Risk Management 52

Risk Management Supply Chain Planning Software Optimal Sourcing Analytics Software 52

Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? When you break down these two concepts into their various components, both involve mitigating risks in your supply chain—such as extreme weather , ESG risks , and geopolitical risks.

Supply Chain Risk Management 93

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 93

American Global Logistics

FEBRUARY 15, 2024

By taking a proactive approach to supply chain risk management, your business can protect itself from disruptions and maintain its competitive edge. Disruptions in transportation infrastructure and evolving consumer demands pose additional challenges that require proactive management.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 52

ivalua

JUNE 10, 2020

That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. Understanding Supplier Risk Management.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks. Who needs to understand supply chain risk management?

Supply Chain Risk Management 76

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Design Software 76

Kinaxis

NOVEMBER 11, 2016

states, obvious disruptions to supply chains and supply chain risk management were a given. This involved in some cases, diverting some inventory bound for other regions. Up to date inventory status. The post Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster? Use analytics.

Supply Chain Risk Management 275

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Software 275

Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Today, ears are no longer deaf to the topic of supply chain risk management. During a pandemic the ability to shift to alternative sources could prove crucial.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 100

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 61

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 61

RFgen

APRIL 6, 2023

Key Takeaways: 89% of Digital Inventory Report respondents say data security is important to extremely important to their inventory operations. Supply chain risk management begins with an understanding of the risks to your organization and a strong proactive plan to mitigate risk.

Supply Chain Planning Software 52

Supply Chain Planning Software Risk Management Supply Chain Software Security 52

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 83

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. Quantifying the Threat With Luminate Risk Manager. From raging wildfires in the Western U.S.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Sourcing Supply Chain Optimization 88

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. Risk Management.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

ThroughPut

JULY 19, 2024

As an inventory planner, you’re constantly navigating a catch-22. You need buffer inventory to protect against emergencies and unexpected demand spikes, but excess buffer stock ties up valuable working capital and risks becoming obsolete. What’s the Connection Between Buffer Inventory and Supply Chain Resilience?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 52

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Game Changer

JUNE 16, 2020

While most jobs are not life threatening the level of risk is still prevalent. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. I didn’t know it at the time but this was Supply Chain Risk Management.

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

ThroughPut

JUNE 29, 2024

As a retail inventory planner, you strive to deliver precise replenishment plans—ensuring the right quantity of stock is available at the right time and place. Yet, managing inventory through multiple spreadsheets linked by complex formulas, or using disparate point solutions that don’t integrate, complicates your task.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 52

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

LevaData

FEBRUARY 14, 2022

But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. Issues like torrential flooding to devastating hurricanes can (and will) affect environments in which materials are sourced, leading to decreased supply and price increases.

Sourcing 80

Sourcing Procurement Supply Chain Planning Software Supply Chain Design Software 80

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Is this a risk to resilience?

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Logistics Viewpoints

JUNE 21, 2023

In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list. Simply put, supply chain operations are under strain with pressures coming from multiple sources. And they must be capable of adapting to various demands.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 267

Logility

FEBRUARY 23, 2016

I became very familiar with risk management early in my professional career. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for. Each stretching of the envelope generates unique risks.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Strategy Supply Chain Planning 100

Resilinc

JANUARY 19, 2022

Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs. As reported in a recent Resilinc blog , supply chains for EV batteries and electric motors are also challenged by ethical sourcing concerns.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. BD, was using a supply chain risk management solution. Supply Chain Chaos is the New Norm.

Supply Chain Visibility 228

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 228

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Many Companies Falling Short on Supply Chain Risk Management.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

DELMIA Quintiq

APRIL 21, 2020

Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supply chain risk management. Contingency plans and supply chain risk management.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Logistics Viewpoints

OCTOBER 17, 2024

In order to effectively manage risks in the current unstable global marketplaces, many suppliers have a thorough understanding of their own suppliers as well as supply chain bottlenecks that extend past the top tier of suppliers. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. There is a natural conflict between risk mitigation and supply chain efficiency.

Supply Chain Planning Software 267

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Supply Chain Strategy 267

ThroughPut

DECEMBER 1, 2023

With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains. What is Demand-driven Inventory Replenishment? Traditional systems maintain the water level (inventory) based on past rainfall data (historical demand).

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 281

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

Logistics Viewpoints

SEPTEMBER 26, 2022

So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. Many companies work to conserve cash by paying their vendors more slowly. Rising unemployment appears to be inevitable.

Vendor Strategies 231

Vendor Strategies Forecasting Long Beach Supply Chain 231