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The Importance of Welcoming Suppliers in Digital Supply Chain Change

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The Importance of Welcoming Suppliers in Digital Supply Chain Change

by Raxer X.
01/07/2025
in Industry, Supply Chain

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As digital tools for supply chains continue to improve, how companies bring on new suppliers has become essential for smooth integration. A great example of this is Molex, a worldwide electronics manufacturer. By using SAP’s Business Network, they boosted collaboration with their suppliers and increased the rate at which suppliers confirmed orders from 30% to an impressive 88%. This process focused on making organized changes, engaging suppliers, and using advanced tools like Celonis to monitor performance. This approach made their operations more efficient, shortened wait times, and provided clearer insights into their supply chain performance.

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#Molex #SAPBusinessNetwork #Celonis #SupplyChainIntegration #SupplierCollaboration #DigitalSupplyChain #BusinessNetwork #SupplyChainEfficiency #PerformanceMonitoring #SupplierEngagement #OperationalEfficiency #AdvancedTools #TechInSupplyChain

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The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

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  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.