President Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide.
The procurement digitization process is occurring over three emerging phases: react, reevaluate and future-proof. Procurement teams may find themselves in a different phase based on their operational setup prior to COVID-19.
No matter how well your team has done its supply chain planning, it seems like exceptions keep arising and you’re constantly in fire-fighting mode. In the case of supply chain, the issue isn’t so much about operations, it’s about the ability to collaborate quickly and effectively when an exception deviates from the established plan. This is why forward-thinking organizations are creating Centers of Excellence for their supply chain.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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