A new study by SAP and Oxford Economics on managing procurement spend finds that the discipline is well behind the curve in shedding manual processes and embracing automation.
Proactivity and reactivity aren’t opposing schools of thought in supply chain risk management. They’re distinct parts of a complete, holistic strategy.
For all the differences between procurement, with its pragmatic, quantitative and best-price-for-best-supply mindset, and human resources, with its qualitative approach to the organization’s people and relationships, a lot more thought should be given to where they come together.
Why it's more important than ever for manufacturers and distributors to automate their supply chains, or pay the high costs associated with not going digital.
Abe Eshkenazi, chief executive officer of the Association for Supply Chain Management, discusses the findings of a new report by ASCM and the Economist Intelligence Unit, examining how more than 300 publicly listed companies withstood and responded to supply-chain shocks of the last year.