Car makers, battery makers and material suppliers have come together in a
blockchain pilot program to address concerns in strategic mineral
Digitally Transform Your Supply Chain Management
Shift your supply chain operations from the traditional linear supply chain model to an integrated Digital Supply Chain network. Gain more insight into how your technology is being used to improve processes and efficiently react to unplanned shifts in demand.
What is an Integrated Digital Supply Chain Network?
The Digital Supply Chain is an interconnected web of digital supply networks. A supply chain network, compared to a siloed channel, allows for quicker reaction times, better planning, less waste and less potential for missed delivery dates. It measures a business’s ability to handle various demand challenges and what is needed to mature the ability over time.
What is supply chain management (SCM)? Mastering logistics end to end
Supply chain management enables enterprises to source the materials necessary to create a product or service and deliver that product or service to customers. Here’s how to make the most of your SCM strategy.
3TIME FOR A NEw RESPONSEThe future calls for bolder moves, both strategically and tactically, and for most, a reinvention of how M&M companies view their core businesses. To address this industry shift, M&M companies will need a different kind of supply chain – one that is much smarter. By this, we mean a supply chain that is far more
Destroy disruption with a digitized supply chain
Supply Chain Analytics
Organizations utilize supply chain analytics to anticipate shifts in demand, proactively manage resources, mitigate potential risks, and improve efficiencies throughout their entire supply chain ecosystem.
- Transaction Cost Analysis. …
- Channel Coordination. …
- Network Perspective. …
- Materials Logistics Management. …
- Theory of Constraints. …
- Customer Relationship Management. …
- Requirements Chain Management. …
- Supply Chain Roadmap.
Manage Third-Party Supplier Risk with AI-Driven Intelligence
In the midst of increasing geopolitical and macroeconomic risk, it’s becoming more difficult to effectively mitigate third-party risks to meet regulatory, compliance, and reputational requirements. It’s more important than ever to monitor and protect against third-party risks and to understand who you’re doing business with.
D&B Risk Analytics is a dynamic, easy to use, supplier risk intelligence solution with a new era of focus on business resilience that enables you to most effectively screen your company’s suppliers for potential risks and actively monitor supplier risk with near real-time updates. Harnessing business data and insights on over 400 million businesses from the Dun & Bradstreet Data Cloud, D&B Risk Analytics helps supplier and compliance teams take a more consistent, proactive, and automated approach to decision-making for effective third-party risk management.
D&B Risk Analytics Features:
THE SMARTER SUPPLY CHAIN OF THE FUTURE
Find out 5 keys to supply chain management success and how big data will shake up the supply chain. | Peer into the future of logistics with “AI in the supply chain: Logistics gets smart.” | Get the latest insights by signing up for our CIO newsletter. ]
Making—Supply chain managers coordinate the activities required to accept raw materials, manufacture the product, test for quality, package for shipping, and schedule for delivery. Most enterprises measure quality, production output, and worker productivity to ensure the enterprise creates products that meet quality standards.
Delivering—Often called logistics, this involves coordinating customer orders, scheduling delivery, dispatching loads, invoicing customers, and receiving payments. It relies on a fleet of vehicles to ship product to customers. Many organizations outsource large parts of the delivery process to specialist organizations, particularly if the product requires special handling or is to be delivered to a consumer’s home.
Returning—The supplier needs a responsive and flexible network to take back defective, excess, or unwanted products. If the produce is defective it needs to be reworked or scrapped. If the product is simply unwanted or excess it needs to be returned to the warehouse for sale.
Planning—Enterprises need to plan and manage all resources required to meet customer demand for their product or service. They also need to design their supply chain and then determine which metrics to use in order to ensure the supply chain is efficient, effective, delivers value to customers, and meets enterprise goals.
Sourcing—Companies must choose suppliers to provide the goods and services needed to create their product. After suppliers are under contract, supply chain managers use a variety of processes to monitor and manage supplier relationships. Key processes include ordering, receiving, managing inventory, and authorizing supplier payments.