How to Improve Real-Time Supply Chain Visibility Through Stakeholder Collaboration
September 11, 2024 - 9 minutes read
Learn MoreA recent Deloitte survey spotlights the growing importance of collaboration in supply chain management, with 69% of Chief Procurement Officers (CPOs) prioritizing risk management and resilience and 61% identifying supplier collaboration as a key strategy. This emphasis on collaboration reflects a shift in how businesses view their supply chains — not just as transactional networks […]
10 Supply Chain KPIs and Metrics You Should Track to Improve Efficiency [+Examples]
August 29, 2024 - 10 minutes read
Learn MoreIn a volatile global environment marked by increasing customer expectations and inevitable disruptions, managing supply chains requires a fine-tuned blend of speed and accuracy. The margin for error is slim, and missteps can trigger a chain reaction of negative consequences. The stakes have never been higher — a recent PwC survey revealed that only 37% […]
Digitizing For End-to-End Supply Chain Visibility
July 29, 2024 - 7 minutes read
Learn MoreRecent global disruptions have emphasized the urgent need for end-to-end supply chain visibility, yet KPMG studies show that a mere 43% of organizations have some sort of visibility into tier one supplier performance. This lack of multi-tier visibility poses significant challenges in identifying and mitigating risks, ensuring regulatory compliance, and achieving ESG goals. With the […]
What Is Supply Chain Digitization and Why Does It Matter
July 5, 2024 - 5 minutes read
Learn MoreDigitization has been discussed in almost every industry vertical in recent years. With the rapid development of new technology, globalization, and the legacy of the pandemic, most sectors have realized the importance of going digital, either partially or entirely. Growing customer demands and disruptions are becoming the new normal. That’s why global supply chains are […]