Planning for peak holiday seasons is an all-consuming task for major e-commerce shippers. While there are expectations for 2022 to be less disruptive than in recent years, e-commerce shippers must still be prepared. Organizations should have airtight plans for the stress that will come from demand on Black Friday, Cyber Monday, and the days that follow.
The recent disruptions around the globe have exposed the importance of end-to-end visibility and control to build the resiliency required to manage these major disruptions in the market. Today, more than ever, companies require control tower capabilities driven by real-time data and artificial intelligence (AI) that cut across departmental silos and go beyond basic visibility.
Free trade agreements, foreign trade policies, sanctions and restrictions are making headlines more than ever in the past few decades.
When introducing new products, changing suppliers or components or sourcing from new regions, procurement teams need to take into account several factors.
Collaboration across multiple tiers of supply is no longer a “nice to have” when it comes to advanced sourcing and procurement. In this timely article published by McKinsey and Co, Taking supplier collaboration to the next level, they take a deeper look into the value of network collaboration and stress the importance of why companies need to seek out innovation that helps their supply chain become more resilient through collaboration.
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