Remove 2001 Remove Procurement Remove Quality Remove Sourcing
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

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.

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

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

The Logistics & Supply Chain Management Society

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. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

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. The Journal report makes reference to a white paper published in 2001 penned by a then Boeing aerospace engineer.

Alaska 52
article thumbnail

Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

The idea of marketing talking cross-functionally to supply chain, quality, and customer service teams to discuss even customer quality feedback weekly is in itself a new concept. ” The social signals for both companies were in the twitter feeds for months before they picked up product quality problems. Absolutely!

article thumbnail

The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

1/ Managing the quality of information. In the absence of good product data quality, non-compliant supplier orders systematically result in poor product availability, one solution to this problem is to set up an efficient communication system with the purchasing and supply divisions that can reduce data update times up to 90 %.