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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain 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% supply chain visibility.

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Zara – The Benefits of Agile Procurement / Supply Chain

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How an agile Supply Chain drives a sustainable competitive advantage. As companies reassess their supply chains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. Zara’s Supply Chain Approach. Zara & fast-fashion.

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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. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain.

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Three ways supplier collaboration creates real value for manufacturers

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Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

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The Coronavirus Is Shattering Traditional Supply Chains

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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 supply chain broke, the ripple effects came about quickly.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.