Communicating across the inbound supply chain is more complex than ever. Supply chains are more global, involve more parties, and goods move across more modes of transport – manual processes to manage them are becoming too complicated to continue.
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Over the past year and a half, we have heard the term “New Normal” being used in all facets of life. As we have seen, the new normal for your supply chain unfortunately means more frequent disruption. COVID-19, along with its direct impacts (lockdowns, border closures, etc.), has sent a domino effect of related disruption, including supply shortages and financial distress – but these aren’t the only threats in town. We are now also seeing an increasing amount of extreme weather events, new laws (Biden Executive Order, EU Supply Chain Due Diligence, etc.) and sustainability requirements.
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With the goal of increasing sales volumes and expanding supply chain networks, many organizations fail to properly track and manage supply chain data to make informed decisions. To add to this madness, supply chain managers go head to head with the complexities of multiple disconnected systems that result in poor data quality.
That doesn't have to be you! Combat these issues with master data governance, helping you to gain greater confidence in your decision-making.
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Procurement is expected to deliver a strategy that brings stability & resiliency to the supply chain during times of disruption. But what are the best ways to identify the biggest risks during moments of crises? And how do you navigate effective vendor management at the same time?
Watch this webinar to unpack strategies designed to give you immediate visibility into the health of your supply chain to focus your efforts on initiatives that bring vendor management back under control.
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