Global trade is riddled with uncertainties. Trade agreements have long existed to try to reduce some of that uncertainty, create a more even playing field, or to create mutually advantageous trade conditions between specific countries. The significant increase in tariffs proposed by the upcoming Trump administration adds to the challenge of businesses working to safeguard […]

Harvard Business Review recently published an article, “To Build Resilience, CEOs Need to Become Supply-Chain Experts”. They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities. In this article, we wanted to […]

Changes are inevitable. One way by which we may have to change is our coffee drinking habits. According to Bloomberg, the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. Traditional, linear […]

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part […]

Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. Resiliency, which is the ability to withstand supply chain shocks and bounce back quickly, has become […]

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, […]

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. Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often […]