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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?

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

The Logistics & Supply Chain Management Society

Some companies look for legal loopholes to help avoid or reduce duties without shifting production to other countries. Any of these creative ways to reduce tariffs payable by companies should be used carefully. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. Buying forward.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. To understand the phenomenon , the 2019 GDP was 2.16%. Focus on Cost.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. To understand the phenomenon , the 2019 GDP was 2.16%. Focus on Cost.

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Should We Celebrate this Marriage?

Supply Chain Shaman

I consider her the best in the biz for transportation management consulting. At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. Ellen’s was to design and execute the transportation planning logic. Manugistics is now owned by JDA.).

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

This technology company is headquartered in Friedrichshafen, Germany. Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. This manufacturer has 188 production locations across the world. The ZF supply chain is complex.

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Our Walk In The Fog

Supply Chain Shaman

Companies talk about customer-centric supply chains, but most leaders are more comfortable in the world of supply than demand. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. It does not.