If the past few years have shown businesses anything, it’s that they need the agility and resilience to adapt to volatile market conditions. However, that’s easier said than done — supply chains are exceptionally complex, and there’s little visibility into key data as well as insufficient means for collaboration and communication. This makes it difficult to respond to commodity fluctuations and price changes, estimate and understand full product and component costs, and quickly secure alternative supply sources.
How can enterprises optimize costs and operations while adapting to market conditions and taking the sting out of volatility? By having the solutions and tools in place to gain a clearer understanding of direct material sourcing.
In this webinar, GEP experts will explore direct material cost improvement best practices and how a mix of services, tools and software can help enterprises source efficiently and build resilience.
On the Agenda:
- Discover how innovative solutions can help you realize higher savings, enhance supplier performance, and effectively manage risks while fostering innovation
- Explore how leveraging insights from the GEP Global Supply Chain Volatility Index can empower you to reduce uncertainty and make informed decisions that directly impact your category strategy
- Dive into the latest technology solutions that can revolutionize collaboration across your supply chain, provide real-time visibility, and offer deep insights into your spending patterns