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Think Tank
Sourcing/Procurement/SRM: Page 117
Five Problems With Today’s Demand Planning — and How to Solve Them
With the coronavirus pandemic and its lingering effects, companies have now experienced how challenging it can be to plan and maneuver their supply chains around uniquely disruptive, once-in-a-lifetime events. But the unfortunate truth is that less severe events overwhelm or undermine supply planning all the time. Legacy tools are no longer up to the task of getting supply where it is needed most.
U.S. Manufacturing Remains Robust While Price Pressures Build
A measure of U.S. manufacturing remained robust at the start of the year, though pandemic-related supply-chain disruptions are restraining production and driving up prices.
Traditional Furniture Sellers Struggle to Meet the Demands of E-Commerce
The surge in e-commerce has exposed serious deficiencies in the furniture industry’s supply chain.
The Power of Mutually Beneficial Supplier Relationships
It might be tempting for businesses to use their procurement or market power to position themselves to survive the pandemic. However, new and uncertain economic realities will mean the old notions of power and market strategy won’t work.
Sustainable Sourcing Is Key for Next-Generation Procurement
Despite the many disruptions this past year, organizations are doubling down on their commitments to sustainable sourcing — and finding tangible benefits in terms of efficiency, speed and risk mitigation.
Risk Management Remains an Untapped Resource in Procurement
The pandemic revealed vulnerabilities within organizations that did not build strong relationships with suppliers or leverage robust monitoring systems to track and assess risks.
The Benefits of Data Sharing With Supply-Chain Partners
Technology continues to transform business operations and outcomes, especially in supply-chain management.
How Fed Policy Impacts Manufacturer Profits and Supply-Chain Costs
A perfect storm of currency debasement, higher taxes, and declining purchasing power is driving manufacturers to focus on overall spend, cost-cutting, and the need to optimize cash conversion.
Three Steps to Securing Supply Chains Under Pressure
The challenge of securing increasingly complex, flexible, and responsive supply chains has grown enormously over the past year.
Watch: President Biden’s Trade Priorities for 2021
Clifford Sosnow, co-chair of the Trade and Investment Group of the Fasken law firm, reviews the pressing international trade issues that will confront President Biden in the early months of his administration.
Automating Contracts Is a Key Step Toward Digital Supply-Chain Evolution
Large companies often use various solutions to manage hundreds of thousands of contracts and documents — covering years of work across the supply chain.
Why Digital Supply-Chain Integration Is Vital for Rebate Management
The more closely suppliers are able to work with distributors, the easier it will be for both parties to eliminate costly inefficiencies, adjust to changing market conditions, and secure growth.
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