Comprehensive information about global sourcing and procurement strategies, covering software, spending analysis, order management, supplier evaluation and e-Procurement.
Monday, January 8, 2024 · Jason Miller and Yemisi Bolumole
The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.
Disruption has significantly altered the landscape for procurement leaders, challenging their ability to maintain stable supply chains and make strategic decisions. There are some options, though, to help mitigate the challenges.
While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns, which can lead to road closures or weight reductions.
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.
Thursday, December 21, 2023 · Jeffrey H. Schutt, PhD, director of ProvisionAI
Volatility is costly and disruptive to operations. Consumer packaged goods supply chains face volatile transportation flows due mostly to variations in consumer behavior, but technology can help smooth those flows.
Wednesday, December 20, 2023 · Heather Wheatley, Senior Director Analyst, Gartner Supply Chain
Risk councils bring together supply chain risk owners and other subject matter experts to analyze current risks, plan for emerging ones and evaluate control effectiveness.
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