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But according to Kunnummal, to achieve true supply chain resilience and maintain it over the long-term, processes must emphasize speed and transparency, and that requires leveraging platform-driven workflows that complement and standardize investments in process re-engineering.
One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.
One such organization was Navistar, a leading manufacturer of commercial trucks, busses and proprietary engines that recently participated in a series of CPO interviews conducted by Ivalua and Art of Procurement. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.
Examples of these causes are (1) acts of God or of the public enemy, (2) acts of the Government in either its sovereign or contractual capacity, (3) fires, (4) floods, (5) epidemics, (6) quarantine restrictions, (7) strikes, (8) freight embargoes, and (9) unusually severe weather. For example, in the old U.S. FAR 52.249-14(a).
surveyed 113 “supply chain leaders,” and found that “[n]inety-seven percent of respondents say they have applied some combination of inventory increases, dual sourcing, and regionalization to boost resilience.” [86] ” [85] In March to April 2022, McKinsey & Co. 86] Hence, supply chain realignment is well underway. .”
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