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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

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7 Rules of Fashion Supply Chain Management

Supply Chain Opz

When QR strategy has become saturated, companies have to find the ways to differentiate themselves, some adopt ERP system, others adopt Just-in-Time manufacturing concept. 5) Keep production in-house : Zara tries to stay away from low-cost country sourcing and make an investment in the in-house manufacturing as much as possible.

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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. . When comparing this outbreak with the outbreak of SARS in 2003 it is striking to see how quickly Coronavirus has eclipsed SARS in the number of infections.

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Cutting Out the Middleman with Mike Nervick

The Logistics of Logistics

In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors. Mike then founded Sleek Fleet in 2017, which is now Sleek Technologies.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance. Three key elements are suggested.

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Labor Strike Targeting U.S. Automakers- Update Five

Supply Chain Matters

Ford has elected to partner with South Korean based battery manufacturer SK Innovation , in building and the joint operating of three battery production facilities, two in Kentucky and one in Tennessee. The further notion is cited data from the Bureau of Labor Statistics indicating that since 2003, the average hourly wage for U.S.

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SCRC Partner Profile: A Textbook Transformation at Biogen-Idec

Supply Chain View from the Field

In addition, much of the power in decision-making lies in the hands of clinical trials scientists, who often have power over procurement decisions. The company discovers, develops, manufactures, and markets biological products for treating conditions such as multiple sclerosis and non-Hodgkin’s lymphoma.