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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. All the products and services purchased by procurement and supply chain organizations can be categorized into this two-by-two matrix.

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For Many, the Annual Freight Bid Season is Not “The Most Wonderful Time of the Year”

Logistics Viewpoints

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Flexibility to schedule rate bid events based on business needs. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency.

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COVID Has Fundamentally Changed the Profession of Supply Chain Management

Logistics Viewpoints

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. Multinationals knew that events could occur that could cost them tens, or hundreds of millions of dollars. But these events were not predictable – they might happen, they might not.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. Of course it would!

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

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Banking Collapses: UK Businesses Urged to Collaborate

Logistics Business Magazine

With recent events at Silicon Valley Bank and Credit Suisse rocking international finance systems , the experts at global supply chain risk management solution Resilinc are urging UK businesses to collaborate with suppliers to reduce uncertainty.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

Here are some interesting highlights: Justification Is Key Interestingly enough, one of the most important drivers for market intelligence is justifying procurement decisions or operational decisions to internal stakeholders, like executive teams, or to customers. This was, of course, an extremely popular use case for market data.

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