How 2011 Prepared Us for Today

ivalua

The Japanese Earthquake of 2011 and resulting tsunami are not exactly top of mind these days. On Friday March 11, 2011, at about 2:45PM local time, the most powerful earthquake ever recorded in Japan struck. You may remember the death and destruction from 2011 and draw a connection to the toll of the current coronavirus pandemic. But few remember the stress the 2011 event placed on global supply chains. . Most Procurement organizations are not yet advanced.

Japan 100

International Procurement in Emerging Markets

SCM Research

Procurement companies that are sourcing in emerging markets realize great opportunities and competitive advantages. However, procurement companies face challenges and risks in emerging markets. The study International Procurement: Challenges and Opportunities in Emerging Markets provides insights into approaches by top performers in dealing with these challenges and analyzes what it is that raises them above their competitors in their sourcing activities in emerging markets.

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Avoiding Procurement Malpractice – #3 Process Rules

Supply Chain Network

So far in this series on Avoiding Procurement Malpractice, we’ve examined spend visibility and analysis as critical elements of best-in-class procurement practices. The complexity of today’s trading partner relationships and business volatility combine to increase the pace and pressure on procurement organizations to make the “right” decisions when choosing suppliers. Want to learn more about how to avoid procurement malpractice?

Who said supply chains are boring?: Social Media and Supply Chains

Supply Chains Rock

Thursday, April 28, 2011. But.social media can be used within the "supply chain firewall" of the procurement, logistics, fulfilment and manufacturing teams. Have procurement buyers from around the world Tweet each time they found a new supplier or are bidding for a new part or product to see if they can combine orders. Who said supply chains are boring?

SCM 146

Escaping the Cold

Logility

OK, enough about dreaming of warmer days … Connections 2011 is set to be our largest user conference to date with record registrations and 25 percent more sessions to accommodate our growing audience. The weather, even here in Atlanta, has been crazy and the thought of Spring and its warmer temperatures makes me long for my childhood home in South Florida. Just the other week we saw upwards of 7 inches of snow here, which closed the city for four days!

Who said supply chains are boring?: IBM 2011 Corporate.

Supply Chains Rock

IBM 2011 Corporate Responsibility Report Out with Supply Chain Goodness. Billion Total in 2011. 2011 Supplier Spending by Category. In 2011, approximately 90 percent of IBMs global spend in Production and Logistics Procurement (in support of our hardware and logistics business operations) occurred with 50 firms. In 2011, IBM conducted $3.2 Who said supply chains are boring?

Kenya 100

Three Steps to a Better Supply Chain

Logility

Product and category managers, procurement departments and other groups within the organization understood how their practices impacted the overall success of the business. Yes, a better supply chain is just three steps away. And, no, I am not going to try to sell you a companion book for $29.95 plus shipping and handling. It is no secret there is increasing pressure from customers, competitors, internal management, and others to create additional efficiency throughout the supply chain.

Purolator wins Third-Party Logistics Sustainability Award for its work with Echo Global Logistics

Supply Chain Network

Purolator, Canada’s leading integrated freight and parcel solutions provider, is pleased to announce that it was recently awarded Logistics Quarterly’s 2011 Third-Party Logistics (3PL) Sustainability Award for demonstrating leadership in sustainable supply chain practices. This year, Echo has procured transportation and provided logistics services for more than 22,700 clients across a wide range of industries, such as manufacturing, construction, consumer products and retail.

HCL Tech signs global alliance agreement with JDA Software Group

Supply Chain Network

The alliance addresses the unique supply chain challenges for business in the areas like planning, procurement, production, distribution, warehousing, inventory, transportation and customer services. Emerging Trends Information Technology News & Info Professional Communications Supply Chain Management cloud distribution inventory planning procurement production transportation warehousing

Who said supply chains are boring?: Oscars of Supply Chain

Supply Chains Rock

Wednesday, June 29, 2011. Honoring excellence and innovation within the supply chain profession, the CHaINA Awards offer organisations across all industries and sectors the opportunity to showcase the best in supply chain, sourcing, procurement and logistics projects, products, applications, services and initiatives in Asia. Be sure to submit your awards entry by October 15 2011 to join the awards winners circle. Who said supply chains are boring?

SCM 109

Supply Chain Management:The Real Headline for the 2011 Holiday.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. As we approach the latter stages of the 2011 holiday buying season, the uptick in online buying has indeed occurred. Recent estimates from comScore indicate that online sales are tracking up 15 percent thus far in 2011.

Supply Chain Management:The Upcoming 2011 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. As we approach the 2011 holiday season, the environment has somewhat changed, requiring retailers to adjust their supply chain fulfillment strategies.On Procurement Blog.

Kraft Foods Names Daniel Myers Executive Vice President, Supply Chain

Supply Chain Network

Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. “This expertise will complement our current End-to-End Cost Management initiatives, including Project SAVOR in Procurement and Lean Six Sigma in Manufacturing.

What will it take for your company to establish a Sustainable Procurement Policy?

EcoVadis

which effectively persuaded the largest toy company in the world to promise to establish a sustainable procurement policy. Why Mattel did not establish a formal sustainable procurement policy after their first major supply chain issue in 2007 is somewhat hard to say. Another reason is that they were strictly focused on product safety in their supply chain, and rightfully so considering their product users are children, rather than on sustainable procurement as a whole.

Healthcare Supply Chain Costs: A Tough Pill to Swallow

Inbound Logistics

Organizations all along the healthcare supply chain are taking a dose of smarter procurement and logistics practices to cure high costs and treat ailments in other areas of the business

Auto Manufacturers, Supply Chain Sustainability and Conflict Minerals

EcoVadis

At the Business for Social Responsibility 2011 Conference in San Francisco earlier this month, a panel of experts including Monique Oxender, Global Manager for Supply Chain Sustainability at Ford Motor Company, spoke on a panel about Conflict Minerals and discussed how to deal with this issue. Collaboration will be central to how businesses take on Conflict Minerals, just as it is central for how companies engage in sustainable procurement. “If you want to go quickly, go alone.

The UK Bribery Act: Law as a tool for Sustainability

EcoVadis

It’s an example of law being used as a way of compelling companies (and notably their supply chains) to embed CSR & sustainable procurement practice in key issue areas. As a CSR analyst, I’ve seen a number of Code of Ethics and anti-corruption policies in the last year that outline the UK Bribery Act to employees. In many ways this can be seen as the first step in a company’s due diligence procedures required by the legislation. It’s also a demonstration that it’s working.

Tools 40

Production of Lead-Acid Batteries Indefinitely Suspended in China

EcoVadis

From the statics of ILBF CHINA 2011 (8th International Lead Battery Fair), China’s annual output of lead-acid batteries in 2009 was about 120 million kVA, with a total sale of more than 100 billion yuan. Yet, one means to avoid collateral damage to the supply chain is to implement sustainable procurement systems cross-checks. Recently, Chinese authorities launched a national wide campaign to fight against the lead pollution of the battery industry in China.

China 40

Textile industry suppliers’ environmental violations in China

EcoVadis

As mentioned by Greenpeace, big brands should take more efforts along their outsourcing and supply chain management and their sustainable procurement programs should take steps to go beyond ensuring that suppliers comply with local standards.

China 40

Best Practices For Supplier Sustainability Evaluations

EcoVadis

Sustainability jargon can be complex and notions which appear obvious to Corporate Sustainable Procurement Managers such as CSR, biodiversity or climate change may not mean a whole lot to a SME located in Central America or even to some of your local procurement teams, for that matter. Integrate sustainability into the procurement process.

New challenges for electronics Supply Chain

EcoVadis

The IT and telecommunications sectors have long been at the forefront of sustainable procurement, yet the pressure to successfully actualize sustainable practices along each stage of the supply chain (raw materials, manufacturing and end-of-life recycling) is intensifying.

Pressure Mounting in EU Regarding Sustainable Supply Chains

EcoVadis

The International Chamber of Commerce defines it as “voluntary”, whereby nothing is holding companies to take sustainable procurement actions. Promote Responsible Supply Chain Management through public procurement – Finally, of course it is not just companies who should take action on Responsible Supply Chain Management, but public entities should also establish policies and measures to ensure they are sourcing sustainably.

Trade and Kyoto and Emissions, Oh My! Taking Responsibility for Carbon Emissions in the Supply Chain

EcoVadis

This report demonstrate the critical importance of Sustainable Procurement initiatives, where Companies start to monitor and reduce CO2 emissions associated to their global trade, in particular suppliers in emerging countries. A recent publication by the Centre for International Climate and Environmental Research in Oslo, concludes that figures on CO2 emissions based on the Kyoto Protocol do not relay the true distribution of carbon emissions between North and South.

Healthcare Supply Chain Costs: A Tough Pill to Swallow

Inbound Logistics

Organizations all along the healthcare supply chain are taking a dose of smarter procurement and logistics practices to cure high costs and treat ailments in other areas of the business

Supply Chain Management:Retailer Multi-Channel Operations.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season. Today is Cyber Monday and we provide our first update to our previous commentary on how retailer multi-channel operations (MCO) capabilities will be challenged in the current 2011 holiday buying season. Procurement Blog. December 2011.

Supply Chain Management:The Role of Information Sharing in.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A large apparel, footwear and golf equipment manufacturer implemented key features of collaborative supply planning and procurement execution tool to achieve forecast analysis and collaborative workflows on the planning side and firm order collaboration with vendors on the procurement execution side. Posted by: Vijai | November 13, 2011 5:34 PM.

Supply Chain Management:Order Fulfillment From The Dark Stores

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Posted by Pankaj Sudhakar Patil on September 17, 2011 11:42 AM | Permalink. Posted by: Kunal Telawane | September 26, 2011 5:22 PM. Posted by: Narasimha Rao | September 28, 2011 10:24 AM. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2011. November 2011. October 2011. September 2011.

Supply Chain Management:Fulfillment Options - Recent Trends

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. For the holiday season of 2011, Toys R Us offered an interesting variation to the store pick up service. Posted by Amit Ambekar on December 23, 2011 5:35 AM | Permalink. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2011. November 2011. October 2011. September 2011. August 2011.

Supply Chain Management:Use of Rapid Application Development.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In addition to product knowledge, I believe that one of the key things in getting this right is to understand the agile and non-agile aspects of the implementation and treat them on their own merit For e.g. infrastructure design with its upfront investment and procurement period is non-agile. Posted by Bharat Rajagopalan on September 25, 2011 5:07 PM | Permalink.

Supply Chain Management:Demand Planning in CPG industry.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities | Main | Factors Influencing Delivery Address Amendment » Demand Planning in CPG industry - Practising the Best Practices. Posted by Umesh Sonawane on November 11, 2011 8:06 AM | Permalink. Procurement Blog. December 2011. August 2011.

Supply Chain Management:Fraud vs Customer Centricity - III

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Posted by Prasad Acharya on December 8, 2011 12:07 PM | Permalink. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2011. November 2011. October 2011. September 2011. August 2011. July 2011. June 2011. May 2011. April 2011. March 2011. February 2011.

Supply Chain Management:The 'Cash on Delivery' Payment Option!

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Posted by Amit Ambekar on September 17, 2011 10:22 AM | Permalink. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2011. November 2011. October 2011. September 2011. August 2011. July 2011. June 2011. May 2011. April 2011. March 2011. February 2011.

6 Lessons for Procurement Digitization

ivalua

Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurement innovation is going to require strong leadership and expert guidance. Seeking to light the way on the journey, Procurement Leaders, Covéa and Ivalua joined forces on a recent webinar to inspire Procurement leaders as they boldly go where few Procurement teams have gone before. There are 3 steps in the Procurement Digitization Journey.

Procurement Fact File

Claritum

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement. source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). Outsourcing of non-core procurement activities.

Corporate Sustainability: Why Procurement Should Pave the Way

Jaggaer

Procurement is at the core of many companies’ efforts to increase green practices. ” For many organizations, green procurement is something of a wouldn’t-it-be-nice idea. As far back as 2011, Material Handling & Logistics reported that more than 50% of large businesses and 25% of their suppliers found that carbon reduction activities actually reduced costs. The post Corporate Sustainability: Why Procurement Should Pave the Way appeared first on Jaggaer.