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Risks to Watch if you're in Sourcing, Procurement, or Supply Chain
Companies are facing many challenges in the years to come. In 2019 specifically, we face a looming global economic slowdown, reduced internal resources/headcount, increasing material costs, and rapid technology changes just to name a few challenges.
It’s up to sourcing, procurement, and supply chain professionals to constantly understand and deal with all these challenges every day. But how can you quickly identify, deal with, and even turn these challenges into your advantage?
Join SupplyChainBrain and Resilinc to gain an understanding of:
Global supply chain visibility has been an elusive goal for over 20 years, but today’s “Amazon Effect” coupled with the capacity crisis is creating more pressure on supply chains than ever before. This means the ability to view, analyze and communicate multimodal visibility data in real time is critical to improving financial and service KPIs.
Utilizing new technologies such as ELDs, telematics, and logistics networks will help produce results and enable dramatic visibility improvements; driving fundamental changes to the modern supply chain.
You will learn to:
We’re in a major component shortage. The electronics industry is currently experiencing the most extreme component scarcity in over a decade. Lead times on passive-components products have drastically increased as a result, with some suppliers quoting as far out 52 weeks +1. The shortage and its impact is so widespread that the Electronic Components Supply Network (ECSN) is urging electronics buyers to “review their outlook on lead times for components amid surging global demand and reports of allocation risks on certain products.” This is a long-term sourcing challenge that industry analysts see lasting beyond the new year. Many organizations have responded to the supply deficit by double- and triple-ordering components, but this has only aggravated the problem further. Suppliers are starting to allocate their inventory, resulting in massive lead times and increased prices. A shortage of this magnitude isn’t simply caused by increased demand. Industry experts see a number of large-scale changes that are contributing to a “perfect storm” of product scarcity.
In this webinar we'll explore the following:
Pay attention to your supply planning processes—or risk financial and regulatory peril.
The consequences of failing to connect the loss of control of the supply plan to regulatory problems is often overlooked by pharmaceutical manufacturers. It’s the “dirty little secret” few people in the industry ever acknowledge.
As a result, companies fail to fix supply planning problems. The implications of this failure can be devastating to customer service, financial performance, and stock price.
Presenter Tom Strohl will explore how poorly functioning supply planning processes almost always lead to supply chain disruptions and serious compliance flaws. Symptoms of poor supply planning processes will also be examined.
You will learn what good business processes look like, allowing you to gain control of your business, by examining:
Learn how IoT technology is improving real-time supply chain visibility for increased supply chain performance and efficiency. Implementing proactive solutions to track, manage, and induce action – in real time – mitigates the risks associated with supply chain disruptions during transit.Read More
Learn how PepsiCo leverages SAP Integrated Business Planning for inventory to identify inventory reduction opportunities while maintaining customer service levels. You will also hear from SAP experts, who will address the new paradigm of Digital Business Planning, enabled by technologies like the Internet of Things, machine learning and artificial intelligence, and predictive analytics.
In this webinar, you will learn how PepsiCo utilizes Integrated Business Planning for inventory to:
Join us to learn how using artificial intelligence (AI) applications can transform supply chains, boosting top-line and bottom-line value. We’ll share how to best leverage AI capabilities and give examples of how humans and AI working together can create optimized and more responsive supply chains.Read More
Learn how OpenText enables organizations of all sizes to bridge the digital gap with suppliers. With multiple options for supplier digitization, learn how you can improve automation and visibility in order to eliminate cumbersome manual processes and maintain superior supplier relations.Read More
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