{"id":47835,"date":"2023-01-05T07:58:39","date_gmt":"2023-01-05T12:58:39","guid":{"rendered":"https:\/\/simfoni.com\/?p=47835"},"modified":"2023-01-05T08:59:13","modified_gmt":"2023-01-05T13:59:13","slug":"5-ways-to-improve-supply-chain-management-strategy-in-2023","status":"publish","type":"post","link":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/","title":{"rendered":"5 Ways to Improve Your Supply Chain Management Strategy in 2023"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"47835\" class=\"elementor elementor-47835\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b0b887a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"38460\" data-id=\"b0b887a\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-551b4ee\" data-eae-slider=\"56398\" data-id=\"551b4ee\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-914dcfa elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-widget elementor-widget-blockquote\" data-id=\"914dcfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tBottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better <a href=\"https:\/\/simfoni.com\/supply-chain-management\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Supply Chain Management\" target=\"_blank\" rel=\"noopener\">supply chain management<\/a> in 2023\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Simfoni.com<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Bottlenecks%2C+demand+swings%2C+and+unpredictable+weather+brought+challenges+for+everyone+during+the+2022+holiday+season.+Here+are+some+takeaways+and+a+path+to+better+supply+chain+management+in+2023+%E2%80%94+Simfoni.com&amp;url=https%3A%2F%2Fsimfoni.com%2Fprocurement-strategy%2F5-ways-to-improve-supply-chain-management-strategy-in-2023%2F&amp;via=simfoniapps\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-twitter\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bb72ef elementor-widget elementor-widget-text-editor\" data-id=\"9bb72ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW266125013 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW266125013 BCX9\">In 2022, holiday staples such as turkey, wine and Christmas trees were in short supply due to worldwide supply chain issues. Traditional popular holiday retail sectors, such as electronics, experienced a 5.3 percent drop in overall spending due to issues in the supply chain that resulted in lower product availability. Manufacturing companies experienced major delays in delivery and were forced to delay shipping or stop selling products altogether. Some manufacturers even went out of business because they were unable to find alternative sources of supply.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e67c94 elementor-widget elementor-widget-text-editor\" data-id=\"8e67c94\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW146304229 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW146304229 BCX9\">Global supply chains are clearly still feeling the effects of shutdowns and other disruptions due to COVID and socioeconomic factors. In addition, the lack of <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">supply chain visibility<\/span> and&nbsp;savings management&nbsp;limits <a href=\"https:\/\/simfoni.com\/procurement\/\" target=\"_blank\" rel=\"noopener\">procurement<\/a> and supply chain leaders&rsquo; ability to take a holistic view in framing strategies and making informed decisions. As we look back on the 2022 holiday season through the lens of supply chain management best practices, some important lessons can be learned and applied early on in 2023&mdash;so your supply chain is prepared to handle anything that comes your way this year.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-db7806e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"10620\" data-id=\"db7806e\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-744151f\" data-eae-slider=\"87466\" data-id=\"744151f\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4adc296 elementor-widget elementor-widget-heading\" data-id=\"4adc296\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How the Holiday Season Impacts Supply Chain Management and Your Business<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb2a737 elementor-widget elementor-widget-text-editor\" data-id=\"eb2a737\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW126427507 BCX9\">After about two years of global supply chain issues, the current detangling of the supply chain is only the tip of the iceberg. While the situation has improved drastically from peak disruption last November, there are some lingering issues to deal with going into 2023. According to the Institute for Supply Management (ISM), trade uncertainty is still pervasive and will negatively impact business conditions throughout the rest of the year, particularly during the holiday season. Tariffs and high transportation costs are also expected to increase in 2023. Here are some of the biggest factors that likely affected your holiday supply chain in 2022, and likely will in the upcoming holiday season without a strong supply chain management strategy in place <\/span><span class=\"NormalTextRun AdvancedProofingIssueV2Themed SCXW126427507 BCX9\">early on in the<\/span><span class=\"NormalTextRun SCXW126427507 BCX9\"> year.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-3e88233 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"9084\" data-id=\"3e88233\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-111f533\" data-eae-slider=\"66012\" data-id=\"111f533\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-89f6478 elementor-widget elementor-widget-heading\" data-id=\"89f6478\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Early Season Shoppers:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5249aff elementor-widget elementor-widget-text-editor\" data-id=\"5249aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW18356522 BCX0\"><span class=\"TextRun SCXW46401515 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW46401515 BCX9\">Rising <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">inflation<\/span> in 2022 created challenges for retailers as consumers looked for deals earlier as prices steadily rose throughout the year. Consumers are now looking for the best deals and available products as early as late summer, causing a strain on your inventory before the large shopping days in November and December. Without a proper supply chain management strategy in place, you can find your merchandise stretched thin and your suppliers unable to keep up with orders to supply you with the items you need to properly restock shelves during big shopping events.<\/span><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89dba34 elementor-widget elementor-widget-heading\" data-id=\"89dba34\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Predicting Consumer Demand:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9c2da4 elementor-widget elementor-widget-text-editor\" data-id=\"e9c2da4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW156205827 BCX0\"><span class=\"TextRun SCXW203245738 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW203245738 BCX9\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Inflation<\/span> also caused many difficulties in predicting consumer demand this year, as certain products were more difficult to find at an appropriate price without sacrificing <span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>margin<\/span>. What you think will be the hottest holiday gift turns out to be a slow mover in your business. On that same token, a slow inventory product suddenly trends in a big way, forcing you to dust off boxes and check inventory to see if you can meet rising customer demands.<\/span><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45bd7e9 elementor-widget elementor-widget-text-editor\" data-id=\"45bd7e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #ff6600;\"><strong>Read More:-<\/strong><\/span>&nbsp; <strong><a href=\"https:\/\/simfoni.com\/procurement-strategy\/5-things-procurement-should-lose-in-2023\/\" target=\"_blank\" rel=\"noopener\">5 Things Procurement Should Lose in 2023<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-66b21d7\" data-eae-slider=\"23195\" data-id=\"66b21d7\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ada380 elementor-widget elementor-widget-text-editor\" data-id=\"1ada380\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<iframe src=\"https:\/\/simfoni.com\/web-stories\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\" width=\"auto\" height=\"550px\"><\/iframe>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b9c26da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"89782\" data-id=\"b9c26da\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10d6e50\" data-eae-slider=\"52265\" data-id=\"10d6e50\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d1d376f elementor-widget elementor-widget-heading\" data-id=\"d1d376f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Communication Issues:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4440ad0 elementor-widget elementor-widget-text-editor\" data-id=\"4440ad0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW129353164 BCX0\"><span class=\"TextRun SCXW158824524 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW158824524 BCX9\">Even with careful planning, communication between retailers and suppliers is often complicated by last-minute changes or demand spikes that weren&rsquo;t factored into original forecasts. Suppliers, manufacturers, and third-party <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">logistics<\/span> companies are all striving to keep every business client happy during the holiday season, yet it only takes one changed invoice and missed communication to cause havoc with your supply chain.<\/span><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-44893cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"47685\" data-id=\"44893cb\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31dfe52\" data-eae-slider=\"4918\" data-id=\"31dfe52\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ec7da7 elementor-widget elementor-widget-heading\" data-id=\"4ec7da7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Weather-Related Issues:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdf845e elementor-widget elementor-widget-image\" data-id=\"cdf845e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1800\" height=\"942\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2.jpg\" class=\"attachment-full size-full wp-image-47847\" alt=\"Weather-Related Issues in Supply Chain\" srcset=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2.jpg 1800w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2-300x157.jpg 300w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2-1024x536.jpg 1024w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2-768x402.jpg 768w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2-1536x804.jpg 1536w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/2-150x79.jpg 150w\" sizes=\"(max-width: 1800px) 100vw, 1800px\"\/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e8e6c0 elementor-widget elementor-widget-text-editor\" data-id=\"7e8e6c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW163646101 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW163646101 BCX9\">There is no way to predict when inclement weather will strike and which suppliers it will affect, leaving you scrambling to make other <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">contingency plan<\/span>s. For instance, grocery stores in Buffalo, NY had to deal with a bomb-cyclone blizzard that knocked out power and cleared shelves amidst the Thanksgiving and Christmas grocery rush, on top of Western New York&rsquo;s recent truck ban limiting supply across the region, which left stores at a standstill with no new product coming in and current product not moving due to storm-related closings.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c874e77 elementor-widget elementor-widget-heading\" data-id=\"c874e77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Disruptions to Vendor Supply Chains:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48d3617 elementor-widget elementor-widget-text-editor\" data-id=\"48d3617\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW186895453 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW186895453 BCX9\">While your supply chain may be on track for the holiday season, there can be significant disruptions to your vendor&rsquo;s supply chain with their manufacturers. Factories can close, limit production lines, or send fewer shipments which can put a strain on suppliers. If you rely only on one source, you can see significant issues that will slow down your supply chain capabilities.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-f210047 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"36529\" data-id=\"f210047\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d3aba39\" data-eae-slider=\"96198\" data-id=\"d3aba39\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e189fd8 elementor-widget elementor-widget-heading\" data-id=\"e189fd8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Path to Better Supply Chain Management in 2023<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecf9bdb elementor-widget elementor-widget-text-editor\" data-id=\"ecf9bdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW264252127 BCX9\">To avoid these issues, your business needs to rely on an experienced partner to provide you with the robust solutions and flexible terms you&rsquo;ll need for an effective supply chain management plan during the holiday season.&nbsp;Composable <a href=\"https:\/\/simfoni.com\/procurement\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Procurement\" target=\"_blank\" rel=\"noopener\">procurement<\/a> solutions offered by <\/span><span class=\"NormalTextRun SCXW264252127 BCX9\">Simfoni<\/span> <span class=\"NormalTextRun SCXW264252127 BCX9\">ensure<\/span><span class=\"NormalTextRun SCXW264252127 BCX9\"> you have the insights needed to handle seasonal surges while maintaining visibility and control across your entire supply chain. Here are some suggestions for ensuring you have a strong supply chain management plan in place for 2023 and beyond:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-8787dd0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"66062\" data-id=\"8787dd0\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-c4f22ea\" data-eae-slider=\"94843\" data-id=\"c4f22ea\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d3a5e7 elementor-widget elementor-widget-heading\" data-id=\"7d3a5e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Integrate all of your data into a single platform:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c2ade6 elementor-widget elementor-widget-text-editor\" data-id=\"8c2ade6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW106830746 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW106830746 BCX9\">Integrate <\/span><span class=\"NormalTextRun AdvancedProofingIssueV2Themed SCXW106830746 BCX9\">all of<\/span><span class=\"NormalTextRun SCXW106830746 BCX9\"> your data into a single platform<\/span><\/span><span class=\"TextRun SCXW106830746 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW106830746 BCX9\">&nbsp;so you can proactively manage your supply chain and avoid delays caused by unexpected events. The increased visibility will allow you to quickly identify trends and adjust your business strategy as needed to optimize performance along the entire <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">value chain<\/span>.<\/span><\/span><span class=\"EOP SCXW106830746 BCX9\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c679f26 elementor-widget elementor-widget-heading\" data-id=\"c679f26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Decrease the complexity of your supply chain:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-094b488 elementor-widget elementor-widget-text-editor\" data-id=\"094b488\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW233116281 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW233116281 BCX9\">Decrease the complexity of your supply chain<\/span><\/span><span class=\"TextRun SCXW233116281 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW233116281 BCX9\"> by consolidating all of your vendor contracts into a single agreement that offers flexible terms and pre-negotiated rates.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-626ee4c elementor-widget elementor-widget-heading\" data-id=\"626ee4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Forecasting and <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">demand planning<\/span>:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1845610 elementor-widget elementor-widget-text-editor\" data-id=\"1845610\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW180174625 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW180174625 BCX9\">Forecasting and <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">demand planning<\/span><\/span><\/span><span class=\"TextRun SCXW180174625 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW180174625 BCX9\">&nbsp;can help mitigate the impact of unexpected events on your supply chain and better prepare you to meet customer expectations. By closely monitoring seasonal trends and working closely with your suppliers and other stakeholders, you can identify potential issues before they arise and develop backup plans if needed.<\/span><\/span><span class=\"EOP SCXW180174625 BCX9\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2180e3d elementor-widget elementor-widget-text-editor\" data-id=\"2180e3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong><span style=\"color: #ff6600;\">WEBINAR:<\/span><\/strong> <strong><a href=\"https:\/\/simfoni.com\/business-impact-analysis\/supply-chains-and-their-impact\/\" target=\"_blank\" rel=\"noopener\">Supply Chains and their Impact<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-c9c051c\" data-eae-slider=\"51601\" data-id=\"c9c051c\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e49f3 elementor-widget elementor-widget-text-editor\" data-id=\"73e49f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<iframe src=\"https:\/\/simfoni.com\/web-stories\/5-things-procurement-should-lose-in-2023\/\" width=\"auto\" height=\"550px\"><\/iframe>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-21a5818 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"89320\" data-id=\"21a5818\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e63063\" data-eae-slider=\"11758\" data-id=\"7e63063\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22c94cf elementor-widget elementor-widget-heading\" data-id=\"22c94cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Use <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">predictive analytics<\/span>:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76971d6 elementor-widget elementor-widget-image\" data-id=\"76971d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1800\" height=\"942\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1.jpg\" class=\"attachment-full size-full wp-image-47846\" alt=\"Use predictive analytics\" srcset=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1.jpg 1800w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1-300x157.jpg 300w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1-1024x536.jpg 1024w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1-768x402.jpg 768w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1-1536x804.jpg 1536w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/1-150x79.jpg 150w\" sizes=\"(max-width: 1800px) 100vw, 1800px\"\/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf35ef2 elementor-widget elementor-widget-text-editor\" data-id=\"cf35ef2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW38059567 BCX9\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW38059567 BCX9\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Predictive analytics<\/span> can help anticipate customer demand during the holiday season by analyzing past sales patterns and customer behavior to identify trends and help companies better understand how changes in economic conditions and weather might affect customer demand. With this information, companies can develop <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">contingency plan<\/span>s and adjust their supply chain management strategy as needed.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-921683a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"92669\" data-id=\"921683a\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3385abe\" data-eae-slider=\"86843\" data-id=\"3385abe\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2c168a elementor-widget elementor-widget-heading\" data-id=\"f2c168a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Leverage your existing supplier relationships:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3b1700 elementor-widget elementor-widget-text-editor\" data-id=\"c3b1700\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Leverage your existing supplier relationships<\/span><\/b><span data-contrast=\"auto\">&nbsp;to create new revenue streams and reduce overall costs by allowing you to more quickly and efficiently meet customer demand.<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p><p><span data-contrast=\"auto\">The time to prepare for the next holiday season is now, while the takeaways from 2022 are still top of mind. With a technology and <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">innovation<\/span>-driven approach and deep knowledge of procurement, <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">logistics<\/span>, and supply chain, Simfoni has built a robust platform that helps our customers set a strong foundation for their supply chain management strategy by allowing greater visibility into their data.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02f5c7f elementor-widget elementor-widget-text-editor\" data-id=\"02f5c7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h5><a href=\"https:\/\/simfoni.com\/demo\/\" target=\"_blank\" rel=\"noopener\"><strong><span class=\"TextRun SCXW54586313 BCX0\" lang=\"EN-US\" style=\"color: #ff6600;\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW54586313 BCX0\">To learn more about how Simfoni&rsquo;s powerful and intuitive procurement platform can help you build and optimize <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">supply chain resilience<\/span>, schedule a demo today!<\/span><\/span><\/strong><\/a><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023 Simfoni.com Tweet In 2022, holiday staples such as turkey, wine and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":47839,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[530],"tags":[2775],"class_list":["post-47835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement-strategy","tag-sustainable-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>5 Ways to Improve Supply Chain Management Strategy in 2023<\/title>\n<meta name=\"description\" content=\"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Ways to Improve Supply Chain Management Strategy in 2023 - Simfoni.com\" \/>\n<meta property=\"og:description\" content=\"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023\" \/>\n<meta property=\"og:url\" content=\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Simfoni\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SimfoniApps\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/SimfoniApps\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-05T12:58:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-05T13:59:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"942\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simfoni\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\"},\"author\":{\"name\":\"Simfoni\",\"@id\":\"https:\/\/simfoni.com\/#\/schema\/person\/afc4d1749ccc888582602619fc5b02b8\"},\"headline\":\"5 Ways to Improve Your Supply Chain Management Strategy in 2023\",\"datePublished\":\"2023-01-05T12:58:39+00:00\",\"dateModified\":\"2023-01-05T13:59:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\"},\"wordCount\":1170,\"publisher\":{\"@id\":\"https:\/\/simfoni.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg\",\"keywords\":[\"Sustainable Procurement\"],\"articleSection\":[\"Procurement Strategy\"],\"inLanguage\":\"en\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/simfoni.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\",\"url\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\",\"name\":\"5 Ways to Improve Supply Chain Management Strategy in 2023\",\"isPartOf\":{\"@id\":\"https:\/\/simfoni.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg\",\"datePublished\":\"2023-01-05T12:58:39+00:00\",\"dateModified\":\"2023-01-05T13:59:13+00:00\",\"description\":\"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023\",\"breadcrumb\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage\",\"url\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg\",\"contentUrl\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg\",\"width\":1800,\"height\":942,\"caption\":\"5 Ways to Improve Supply Chain Management Strategy\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/simfoni.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 Ways to Improve Your Supply Chain Management Strategy in 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/simfoni.com\/#website\",\"url\":\"https:\/\/simfoni.com\/\",\"name\":\"Simfoni\",\"description\":\"Spend Intelligence and Spend Automation\",\"publisher\":{\"@id\":\"https:\/\/simfoni.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/simfoni.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\/\/simfoni.com\/#organization\",\"name\":\"Simfoni\",\"alternateName\":\"Simfoni\",\"url\":\"https:\/\/simfoni.com\/\",\"logo\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SimfoniApps\/\",\"https:\/\/x.com\/simfoniapps\",\"https:\/\/www.instagram.com\/simfoniapps\/\",\"https:\/\/www.linkedin.com\/company\/simfoni\/\",\"https:\/\/www.youtube.com\/@simfoni\",\"https:\/\/g.page\/r\/CTMP26g2qypHEBM\/\",\"https:\/\/www.capterra.com\/p\/206211\/Spend-Analytics\/\",\"https:\/\/www.g2.com\/products\/simfoni-spend-analytics\/\",\"https:\/\/www.glassdoor.com\/Overview\/Working-at-Simfoni-EI_IE3290778.11,18.htm\",\"https:\/\/sourceforge.net\/software\/product\/Simfoni\/\",\"https:\/\/news.google.com\/publications\/CAAqBwgKMMaWxAsw6bHbAw\"],\"description\":\"Simfoni is an AI-powered procurement and spend management platform designed to help enterprises gain complete visibility into organizational spend and turn procurement insight into measurable financial impact. The platform combines advanced spend analytics, intelligent sourcing automation, and tail spend management to enable procurement teams to identify savings opportunities, execute sourcing strategies efficiently, and improve supplier performance across global operations. Built for modern procurement organizations, Simfoni supports Chief Procurement Officers, strategic sourcing leaders, and finance teams who are responsible for driving cost optimization, supplier governance, and operational efficiency. By consolidating procurement data across multiple systems and suppliers, Simfoni provides a unified view of enterprise spend and enables organizations to prioritize sourcing initiatives that deliver measurable savings. Simfoni\u2019s platform integrates spend intelligence with automated sourcing execution, allowing procurement teams to scale sourcing activities without increasing headcount. The system helps organizations manage indirect spend, improve supplier engagement, and strengthen procurement governance through data-driven decision making. Trusted by global enterprises, Simfoni enables organizations to transform procurement from a reactive cost center into a strategic value driver by delivering visibility, automation, and measurable financial outcomes across the procurement lifecycle.\",\"legalName\":\"Simfoni\",\"foundingDate\":\"2015-08-25\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"201\",\"maxValue\":\"500\"},\"address\":{\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-place-address\"},\"telephone\":[\"+1-973-718-7071\",\"+44-208-098-2115\"],\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"00:00\",\"closes\":\"23:59\"}],\"email\":\"info@simfoni.com\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/simfoni.com\/#\/schema\/person\/afc4d1749ccc888582602619fc5b02b8\",\"name\":\"Simfoni\",\"description\":\"Simfoni Delivers Next-generation Digital Procurement Transformation Through Spend Intelligence, Spend Automation &amp; Spend Analytics Software.\",\"sameAs\":[\"https:\/\/simfoni.com\/\",\"https:\/\/www.facebook.com\/SimfoniApps\/\",\"https:\/\/www.instagram.com\/simfoniapps\/\",\"https:\/\/www.linkedin.com\/company\/simfoni\/\",\"https:\/\/x.com\/simfoniapps\",\"https:\/\/www.youtube.com\/@simfoni\"]},{\"@type\":\"PostalAddress\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-place-address\",\"streetAddress\":\"90 Washington Valley Road\",\"addressLocality\":\"Bedminster\",\"postalCode\":\"07921\",\"addressRegion\":\"New Jersey\",\"addressCountry\":\"US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo\",\"url\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2021\/10\/Simfoni.com-Logo.jpg\",\"contentUrl\":\"https:\/\/simfoni.com\/wp-content\/uploads\/2021\/10\/Simfoni.com-Logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"Simfoni\"}]}<\/script>\n<meta name=\"geo.placename\" content=\"Bedminster\" \/>\n<meta name=\"geo.region\" content=\"United States (US)\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"5 Ways to Improve Supply Chain Management Strategy in 2023","description":"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/","og_locale":"en_US","og_type":"article","og_title":"5 Ways to Improve Supply Chain Management Strategy in 2023 - Simfoni.com","og_description":"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023","og_url":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/","og_site_name":"Simfoni","article_publisher":"https:\/\/www.facebook.com\/SimfoniApps\/","article_author":"https:\/\/www.facebook.com\/SimfoniApps\/","article_published_time":"2023-01-05T12:58:39+00:00","article_modified_time":"2023-01-05T13:59:13+00:00","og_image":[{"width":1800,"height":942,"url":"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg","type":"image\/jpeg"}],"author":"Simfoni","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#article","isPartOf":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/"},"author":{"name":"Simfoni","@id":"https:\/\/simfoni.com\/#\/schema\/person\/afc4d1749ccc888582602619fc5b02b8"},"headline":"5 Ways to Improve Your Supply Chain Management Strategy in 2023","datePublished":"2023-01-05T12:58:39+00:00","dateModified":"2023-01-05T13:59:13+00:00","mainEntityOfPage":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/"},"wordCount":1170,"publisher":{"@id":"https:\/\/simfoni.com\/#organization"},"image":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg","keywords":["Sustainable Procurement"],"articleSection":["Procurement Strategy"],"inLanguage":"en","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/simfoni.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/","url":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/","name":"5 Ways to Improve Supply Chain Management Strategy in 2023","isPartOf":{"@id":"https:\/\/simfoni.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage"},"image":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg","datePublished":"2023-01-05T12:58:39+00:00","dateModified":"2023-01-05T13:59:13+00:00","description":"Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023","breadcrumb":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#primaryimage","url":"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg","contentUrl":"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/01\/5-Ways-to-Improve-Supply-Chain-Management-Strategy.jpg","width":1800,"height":942,"caption":"5 Ways to Improve Supply Chain Management Strategy"},{"@type":"BreadcrumbList","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/simfoni.com\/"},{"@type":"ListItem","position":2,"name":"5 Ways to Improve Your Supply Chain Management Strategy in 2023"}]},{"@type":"WebSite","@id":"https:\/\/simfoni.com\/#website","url":"https:\/\/simfoni.com\/","name":"Simfoni","description":"Spend Intelligence and Spend Automation","publisher":{"@id":"https:\/\/simfoni.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/simfoni.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":["Organization","Place"],"@id":"https:\/\/simfoni.com\/#organization","name":"Simfoni","alternateName":"Simfoni","url":"https:\/\/simfoni.com\/","logo":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo"},"image":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo"},"sameAs":["https:\/\/www.facebook.com\/SimfoniApps\/","https:\/\/x.com\/simfoniapps","https:\/\/www.instagram.com\/simfoniapps\/","https:\/\/www.linkedin.com\/company\/simfoni\/","https:\/\/www.youtube.com\/@simfoni","https:\/\/g.page\/r\/CTMP26g2qypHEBM\/","https:\/\/www.capterra.com\/p\/206211\/Spend-Analytics\/","https:\/\/www.g2.com\/products\/simfoni-spend-analytics\/","https:\/\/www.glassdoor.com\/Overview\/Working-at-Simfoni-EI_IE3290778.11,18.htm","https:\/\/sourceforge.net\/software\/product\/Simfoni\/","https:\/\/news.google.com\/publications\/CAAqBwgKMMaWxAsw6bHbAw"],"description":"Simfoni is an AI-powered procurement and spend management platform designed to help enterprises gain complete visibility into organizational spend and turn procurement insight into measurable financial impact. The platform combines advanced spend analytics, intelligent sourcing automation, and tail spend management to enable procurement teams to identify savings opportunities, execute sourcing strategies efficiently, and improve supplier performance across global operations. Built for modern procurement organizations, Simfoni supports Chief Procurement Officers, strategic sourcing leaders, and finance teams who are responsible for driving cost optimization, supplier governance, and operational efficiency. By consolidating procurement data across multiple systems and suppliers, Simfoni provides a unified view of enterprise spend and enables organizations to prioritize sourcing initiatives that deliver measurable savings. Simfoni\u2019s platform integrates spend intelligence with automated sourcing execution, allowing procurement teams to scale sourcing activities without increasing headcount. The system helps organizations manage indirect spend, improve supplier engagement, and strengthen procurement governance through data-driven decision making. Trusted by global enterprises, Simfoni enables organizations to transform procurement from a reactive cost center into a strategic value driver by delivering visibility, automation, and measurable financial outcomes across the procurement lifecycle.","legalName":"Simfoni","foundingDate":"2015-08-25","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"},"address":{"@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-place-address"},"telephone":["+1-973-718-7071","+44-208-098-2115"],"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"00:00","closes":"23:59"}],"email":"info@simfoni.com"},{"@type":"Person","@id":"https:\/\/simfoni.com\/#\/schema\/person\/afc4d1749ccc888582602619fc5b02b8","name":"Simfoni","description":"Simfoni Delivers Next-generation Digital Procurement Transformation Through Spend Intelligence, Spend Automation &amp; Spend Analytics Software.","sameAs":["https:\/\/simfoni.com\/","https:\/\/www.facebook.com\/SimfoniApps\/","https:\/\/www.instagram.com\/simfoniapps\/","https:\/\/www.linkedin.com\/company\/simfoni\/","https:\/\/x.com\/simfoniapps","https:\/\/www.youtube.com\/@simfoni"]},{"@type":"PostalAddress","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-place-address","streetAddress":"90 Washington Valley Road","addressLocality":"Bedminster","postalCode":"07921","addressRegion":"New Jersey","addressCountry":"US"},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/simfoni.com\/procurement-strategy\/5-ways-to-improve-supply-chain-management-strategy-in-2023\/#local-main-organization-logo","url":"https:\/\/simfoni.com\/wp-content\/uploads\/2021\/10\/Simfoni.com-Logo.jpg","contentUrl":"https:\/\/simfoni.com\/wp-content\/uploads\/2021\/10\/Simfoni.com-Logo.jpg","width":1000,"height":1000,"caption":"Simfoni"}]},"geo.placename":"Bedminster","geo.region":"United States (US)"},"_links":{"self":[{"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/posts\/47835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/comments?post=47835"}],"version-history":[{"count":0,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/posts\/47835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/media\/47839"}],"wp:attachment":[{"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/media?parent=47835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/categories?post=47835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simfoni.com\/wp-json\/wp\/v2\/tags?post=47835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}