Remove Manufacturing Procurement Remove Scenario Planning Remove Sourcing
article thumbnail

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.

article thumbnail

Build Political Capital to Drive Supply Chain Planning Success

Supply Chain Shaman

How should a global manufacturer make a decision? And how can supply chain planning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. I am also writing the new edition of the Supply Chains to Admire. What defines a feasible plan? Focus on Value.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.

Modeling 262
article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

article thumbnail

Supply Chain Network Design: The Ultimate Use Cases eBook

This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. Scenario analysis and optimization defined. Creating a strategic digital twin (digital representation) of your supply chain network. Diversifying sourcing and manufacturing.

article thumbnail

Respond to Volatile Supply Conditions with “What-if” Scenario Planning  

Logility

Supply variability today. It’s tempting to think of supply variability as a recent phenomenon caused by COVID-19. Supply chain professionals know better. Supply disruptions are as old as trade itself. Averaging across industries, companies can now expect supply chain disruptions lasting a month or longer to occur every 3.7

article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.