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Manufacturers Must Seek Better Supply Chain Visibility

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For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Balancing New Priorities Makes Procurement More Valuable.