Businesses need to rethink how they renegotiate contracts — on an as-needed basis rather than a time-based schedule — to optimize deals for both sides.
Changes brought on by COVID-19, resource shortages and heightened demand for goods have all increased awareness about the value of global logistics digitization, and accelerated its impact.
To meet our planet’s increasing demand for sustainable production while coping with supply chain disruptions, food and beverage industry players are turning to new technologies.
So you’ve locked in your supply chain plan and network design? Good luck with that. In today’s global supply chains, unpredictability has become — well, predictable.
A survey conducted by HICX, a supplier experience platform provider, revealed that most suppliers are struggling to put their best foot forward for major manufacturers.
Supply chain companies can proactively prepare for and prevent cyberattacks, and respond if vulnerabilities are detected, with the help of pen testing as a service (PtaaS).
The manufacturing supply chain has been bruised and battered in the last few years, and the hits keep on coming: the pandemic, extreme weather, geopolitical challenges, the Great Resignation, and a wave of retirements – and now, global inflation.
Lone hackers, rogue nations and cybercrime syndicates have a big agenda in common: Alone or collectively, they can bring the global supply chain to its knees.
To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.