Procurement orchestration plays a crucial role in ensuring the efficient and successful acquisition of products and services. But very little of the past few years could be called efficient and successful.
Consumers worldwide will buy or boycott a brand solely based on its level of compliance with environmental, social and corporate governance (ESG) requirements.
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.
Cybersecurity threats are on the rise for manufacturers, with the industry accounting for 65% of all ransomware attacks in 2021, but 61% of those surveyed do not have a plan in place for operational disruption.
Overcoming the challenges of supply chain disruptions means retailers need to go deep into their supply chains, fostering relationships with suppliers and service providers in order to get timely data about potential problems, says Jenny Roman, director of solutions consulting with e2open.
The country’s prime minister, Anthony Albanese, has launched a review of a lease to operate the Darwin Port that was granted in 2015 to a unit of China’s Landbridge Group.
A congressional advisory body is urging legislators to strengthen U.S. defenses against China’s growing control of digital information related to global shipping and cargo, warning it could undermine national security and businesses.
Most of the recent talk surrounding high-tech manufacturing supply chains has been about the severe shortage of microprocessors. But equally important is the supply of printed circuit boards.