ON-DEMAND WEBINAR
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:
ON-DEMAND WEBINAR
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:
ON-DEMAND WEBINAR
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.
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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.
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