@Risk

Ninety-four multinational companies recently participated in A.T. Kearney’s global survey of indirect procurement, and the results suggest that unfortunately, many firms remain resistant to updating analytics techniques.

Specifically, the data showed that even though indirect procurement categories like IT, marketing and advertising, facilities management, MRO, Logistics and professional services, have become increasingly important to Chief Procurement Officers and their organizations, most companies are adopting new practices at a much slower rate than analysts expected.

For example, A.T. Kearney found that: (more…)

If you want to successfully compete in today’s complex, global, and increasingly unpredictable business environment, your company needs supply chain strategies that can respond quickly to changing market conditions.

But, how do you go about improving your supply chain agility so that you can better respond to both opportunities and threats? Are there certain steps you should follow to develop the flexibility that’s now required? For starters, take a look at your supply chain alignment. There’s no question that a supply chain that aligns your company with its suppliers, partners, and customers creates end-to-end efficiencies, strengthens your core business, and helps you gain competitive advantage.

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