Today’s end customer demands a level of service that can only be achieved through deep collaboration among partners. And the role of the marine terminal — with its reliance on state-of-the-art technology, innovative cargo-handling methods, and deep expertise in optimal routing — is more critical than ever before.
Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials. However, the company lacked adequate visibility and transportation management over it’s 60,000 purchase orders per year, resulting in incomplete deliveries, poor shipment-status insights and high administrative and process costs.
The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again.
Vendor risk management, also called supplier risk management or third party risk management, describes the efforts of managing the risks posed by the companies who sell you products and services. This white paper from riskmethods will help you identify, assess and mitigate the risks posed by your vendors or other third parties.
Challenge: With Europe shutting down amid the COVID-19 pandemic, a global automotive parts supplier needed to convince a key client that it had visibility to avoid potential disruption in its supply network.
Tuesday, December 1, 2020 12:00 to Monday, March 1, 2021 12:00
The supply chain as we know it is evolving quickly. Plan, execute, and sense-and-respond processes are more often happening concurrently and continuously—spurring the transformation of the supply chain into a true digital ecosystem. The driving force of this evolution is the need for end-to-end visibility—to enable openness, connections, and collaboration across the value chain. This level of visibility empowers organizations to optimize operations, reduce costs, improve working capital, and increase supply chain velocity. A more resilient and agile supply chain can act as a strong competitive differentiator.
Join Infor supply chain thought leaders to discover how to ignite your supply chain through transformation, digitalization, and optimization.
John Shorter, SVP Sales Transformation, Infor
Heidi Benko, VP of Product, Infor
Andrew Kinder, VP, Industry Solution and Strategy, Infor