In 2021, supply chain and procurement leaders were faced with supply chain disruptions, labor shortages and geopolitical barriers. If these challenges taught us anything, it’s that the rules of the game have changed in fundamental ways.
Facing this shift, supply chain and procurement leaders need to know how to navigate the changing landscape and rethink their approach to thrive and stay ahead of the competition.
February 05, 2021 | Procurement Software
The year 2020 changed how enterprises view procurement and supply chain management, perhaps forever. Accelerated digital transformation and adoption of latest technology and data analytics in procurement became top priority as enterprises looked for ways to survive and thrive in a post-pandemic world.
In 2021 too, the priorities are expected to remain the same: make procurement agile and future-proof through cutting-edge software solutions. Here are some technology trends likely to influence the choice of procurement software platforms in 2021 and beyond:
January 27, 2021 | Supply Chain Software
When you think of a dashboard, you might think of the one in your car. It’s great at giving you a quick glance at important information about where you’re going, how fast you’re getting there, and how the internal systems are running. Useful, but ultimately limited information.
January 15, 2021 | Supply Chain Software
When governments shut down their economies this past spring to contain COVID-19, the resulting stress on supply chains lead ultimately to shortages for consumers and high levels of volatility and uncertainty for companies. With the pandemic still wreaking havoc on the global economy, how to build supply chain resilience is a hot topic for multinational companies.
January 07, 2021 | Supply Chain Software
The past year compelled businesses to rethink their sourcing strategies as the COVID-19 crisis exposed the cracks in global supply chains. Amid supply chain disruptions, businesses have had to reassess inventory needs and management. Now, with a view to future-proof their operations, they seek ways to build an agile and resilient supply network.
