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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supplychain and procurement industries. Avoid the Instability of International SupplyChains. This gives you greater control over the details involved in your supplychain.
From this discussion, we compiled a list of 8 critical supplychain management activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychain management activities that can help Procurement teams build and maintain supplychain resilience now and in the years to come.
A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. So, when its supplychain broke, the ripple effects came about quickly.
The petition cited specific conduct alleged to target the maritime, logistics, and shipbuilding sector, including “by directing mergers between favored state-owned companies, disapproving alliances by foreign competitors, denying berthing rights to foreign-owned ships, controlling freight rates and capacity allocations, supporting the development (..)
He states, “there may be circumstances where an accommodation can be reached by mutual agreement of the contracting parties, perhaps to address acute impacts on small business and other suppliers[.]” [52] Now, he is getting to the heart of the issue, which is what to do about fixed-price contracts already in existence. FAR 52.249-14(a).
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