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Sourcing and Procurement: One but Not the Same

Precoro

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. We started the conversation with sourcing. Data Sharing and Procurement.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. We started the conversation with sourcing. Data Sharing and Procurement.

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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.

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If Only There Were More Choices

Supply Chain Shaman

The hype cycle was my favorite Gartner model when I was a Gartner analyst in 2001-2003.) Most of this effort will be with best-of-breed solutions, and I predict we will see an increase in the use of open source data techniques–Hadoop, Spark, Kafka– with more focus on schema on read.

Gartner 202
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Industry 4.0 and the Long Game

Enterra Insights

manufacturers should focus on long term goals instead of being swept up by the abundance of new technologies, such as cloud, big data, IoT, mobile, location, additive manufacturing, edge computing, miniaturization, augmented and virtual reality, artificial intelligence (AI), automation, and robotics.”[2] artificial intelligence).

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

ZF has been working with a supply chain solutions provider called SupplyOn since 2001. Sourcing from more local suppliers and having shorter supply chains is part of the answer. Mr. Sobeck has high hopes for collaborative, open data ecosystem for the automotive industry based on common rules for data sovereignty according to GAIA-X.