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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. Yes, we have achieved greater normalcy in transportation. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Unrest in Sudan.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

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Four Key Strategic Sourcing Benefits

QAD

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Manufacturing Plant Site Selection: Where to Locate Your Manufacturing Plant

GlobalTranz

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. download ebook. Do nearby factories emit dust?

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Sustainable Manufacturing: Balancing Costs, Profits & the Customer Experience

AFFLINK

A recent study by McKinsey revealed that two-thirds of an average company’s environmental, social, and governance (ESG) footprint lies with suppliers. For procurement leaders, this finding indicates marked potential for making an environmental impact. What Forces Are Driving The Demand For Sustainability In Manufacturing?

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost.