For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...
The forces expected to shape procurement functions this year are already redefining how teams manage risk, technology and ...
Historically, in its most simple definition, the “supply chain” division of retail was the one in charge of getting stuff in, maybe storing it for a while — maybe not (cross-docking) — and then ...
The primary supply chain function is to ensure availability of supplies, equipment, and services at the best available rates, the top supply chain officer at RWJBarnabas Health says. The key to ...
After mergers or acquisitions, health systems typically look to move select hospital functions into a corporate organization, including those in the supply chain. While this strategy may make good ...
McKinsey & Company experts say health systems should focus on three areas to boost the performance of their supply chains. A recent article produced by McKinsey & Company provides advice on how health ...
However, barriers remain, as fewer than 10% of surveyed companies have reached near-full automation of key supply chain functions, and over 45% remain below the 25% digitization mark. Bridging the gap ...
It’s easy for supply chain professionals to view staffing and scaling as a binary, black-and-white decision: Either you do it in-house, or you hire a third-party logistics provider to handle it. But ...
As geopolitical, economic and cybersecurity issues continue to pose risks to health system supply chains, leaders at top organizations weighed in on a shared priority – making supply chains more ...
At GM, debate is a risk management tool, says its supply-chain chief.
A decade after releasing its landmark national cybersecurity framework, the National Institute of Standards and Technology on Monday released version 2.0, an updated document that emphasizes ...
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