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How Do You Implement A Supply Chain Control Tower?
As part of APQC’s annual research into priorities and challenges for the upcoming year, Marisa Brown conducts a global survey and interviews supply chain stakeholders from various industries and organizations. One of the people she spoke with this year, Stew Stremel, told her about an organization…
Why is Supply Chain Benchmarking Important?
Supply chain benchmarking is important because managers need to: understand how their supply chains compare to competitors’, evaluate “as is” conditions before they can determine what to fix, encourage innovation, compare performance across business units, and leverage data for…
How Do You Manage Supplier Risk? Via Business Continuity Planning
The best time to build a business continuity plan was before the COVID-19 pandemic, but the second-best time is now. Your organization—and especially your procurement team—should be armed with a robust, actionable business continuity plan that they’re continually refining and improving to prepare…
Supply Chain 2022: Focus on the Foundation
In 2021, battered and bruised supply chains got back in the game. In retrospect, it looked a lot like what the sports world calls a “rebuilding year”—one with a lot of change, a lot of attention, and muted expectations. A rebuilding year can be exciting at times, but it’s mostly exhausting, and…
How Reverse Logistics Slows 2022 Supply Chains
Media coverage of supply chain disruptions during the COVID-19 pandemic has made the “average Jane or Joe” more aware of what supply chains are than ever before. Port congestion has been an almost-nightly topic on the news. But reverse logistics, or returns, is much less talked about. I recently…
How to Transform Procurement
We’ve made it through 2021, and 2022 is already 8 percent complete. Crazy? That is, I think we may all be a bit crazy after the insane year we just finished. To keep supply chains and organizations moving while facing longer lead times, slower transit times, and demand outpacing supply, procurement…