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In last week’s blog , I began discussing telltale signs that you have entered the new age of strategicsourcing. Leading manufacturers have proven that best-in-class strategicsourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.
But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Best-in-class manufacturers have proven that a true culture of collaboration creates earlier involvement, less redesign, joint problem solving, and win-win outcomes for all parties involved.
Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process. Digitization Benefit #1: Inter-Enterprise Collaboration .
Outside of defense, 5G can enhance supply chain and warehouse logistics, support open standards and strengthen communications while maintaining secure networks. Plus, 5G provides advanced security and resiliency. “5G I can really focus that to the individual user, I can support multi-tenancy in a way that it could not before.”
The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. In essence, his point was that supplier collaboration is not altruistic. Without good visibility and frankly, transparency, any collaboration is hard. It is smart business. I screamed at him, in my head.
How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Last year, 62% of enterprises that made an investment in supply management technology over the past two years took the suite-based approach (strategicsourcing suite or full Source-to Settle suites. More on that here.
Your participation played a key role in fortifying the partnership between industry and the Federal Government through insightful dialogue, shared visions, and effective collaboration. We would like to sincerely thank our speakers for sharing their insights into the latest policies and programs that shape the Federal procurement landscape.
Telita Crosland to deliver the Lunch Keynote Address to share her strategic vision and priorities for the agency moving forward. We are thrilled to have assembled this engaging agenda of healthcare acquisition leaders and look forward to the collaborative discussions at the conference. James Peake , M.D.,
The full agenda explores the theme of “What is Fair and Reasonable,” with acquisition leadership from multiple agencies, including the VA, Defense Health Agency (DHA), and Defense Logistics Agency (DLA). Be sure to click the link below to join our event list and stay updated. You won’t want to miss these insightful sessions!
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