Remove 2001 Remove Manufacturing Remove Manufacturing Procurement Remove Quality
article thumbnail

Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

article thumbnail

How Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development

Arena Solutions

Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.

article thumbnail

Boeing 737 MAX Door Plug Incident- Expanding Implications

Supply Chain Matters

The Reuters report indicates that Alaska Airlines had indicated that the airline “ engaged in a candid conversation ” with Boeing CEO Dave Calhoun and the plane maker’s leadership team regarding quality improvement actions. Inside Boeing’s Manufacturing Mess ( Paid subscription ), was far reaching in the implications of the latest incident.

Alaska 52
article thumbnail

Industry 4.0 and the Long Game

Enterra Insights

Nigel Duckworth ( @nigelduckworth ), a marketing strategist at One Network Enterprises, notes it can be difficult for manufacturers to concentrate on the long game with a swirl of new technologies constantly vying for attention. Sixty-four percent of the manufacturers surveyed are looking for increased market share in their existing markets.