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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Criticality of PO Collaboration for Direct Spend Management PO collaboration plays a pivotal role in managing direct spend efficiently.

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Empowering Vendors to Reduce Pre-Shipment Delays

Talking Logistics

Streamlining pre-shipping efforts creates efficiency and visibility In an IDC research survey, supply chain executives agree, “visibility, agility, supply diversification, and collaboration strategies” are the top responses for companies to mitigate supply chain risk from disruption.

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Supply Chain Executives Face Growing C-Suite Complacency

Logistics Viewpoints

This is a clear shift from pandemic-era strategies when agility and resilience were priorities. While supply chain executives largely realize how critical collaboration and effective supply chain technology are. 74% of supply chain executives say external collaboration contributes to resilience.

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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. Mapping down to the subtier level offers complete visibility into your supply chain.

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8 Supply Chain Technology Trends for 2022 and Beyond

Supply chain visibility, collaboration, and orchestration are now the top priority for executives. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.

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Supply Chain Resilience from Transparency and Collaboration

Logistics Business Magazine

Current surveys show that in Germany, for example, on average only one in ten companies is able to respond to a serious disaster within 24 hours. read more Improve Supply Chain Resilience in Infrastructure Project Delivery The post Supply Chain Resilience from Transparency and Collaboration appeared first on Logistics Business.

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FedEx CIO Attests to Data-Driven Strategies in Pandemic Times

IoT World Today

As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.

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8 Supply Chain Technology Trends for 2022 and Beyond

Supply chain visibility, collaboration, and orchestration are now the top priority for executives. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.