This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The difference between sole source vs. single source is on the surface. In single sourcing, your company selects a single supplier exclusively , even though there are other capable suppliers on the market. In sole sourcing, you don’t have a choice —only one supplier can provide what you need. The reason?
In 2011, Yannis Skoufalos became the Global Product Supply Officer at Procter & Gamble. Discontinued in 2011. 2011-Divestiture of Pringles to Kellogg for 2.7B$ 2014-Sale of IAMS to Mars for 2.9B$ 2015-Sale of 43 P&G Beauty Brands to Coty for 12.5B$. Yannis transitioned from the role after eight years in 2019.
in turn, is a boutique procurement consultancy. The main take aways from the presentation earlier this year were the following: The auto industry has made supply chain risk management a priority since the Fukushima nuclear disaster in 2011. This intermediate step is more related to Procurement and supply chain transparency.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.
Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.
PO Collaboration involves close coordination with suppliers to procure materials based on order specifications, tracking delivery timelines, and aligning production schedules to meet customer delivery expectations. Make to Order: Here, products are manufactured based on specific customer orders. Nari Viswanathan is currently Sr.
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. A New Vision for Amrest. Where to begin?
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. A New Vision for Amrest. Where to begin?
As a result, it remained profitable, gained market share, and became a leading example of recession-resilient supply chain management (Saxena & Sharma, 2011). Diversify and Strengthen Your Supplier Network for Reliable Sourcing Overreliance on a single supplier or geographic region increases vulnerability during economic disruptions.
In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. Consider the investment in outside-in planning processes using market data and orchestrating source, make, and deliver based on a holistic design process. Procurement was operating in isolation from supply chain.
One boasting point worth noting – Petro says that, via crowdsourced gaming technology, First Insight identified the gown Kate Middleton wore to her 2011 wedding to Britain’s Prince William before she revealed it on the big day. “We We can help you understand what people actually want,” Petro says.
While the previous points of criticism are valid and worth considering, EOQ might help procure both; the repetitive items and the MRO (maintenance, repair and operation) items. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,
In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing.
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.
In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing.
The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. In 2011 Oracle tried to introduce a competitive product and failed. Traditionally E2open sold to the procurement organization. The Company has a checkered past. It is a new buyer.
Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. They have less dramatic operational consequences, but expose the problem just the same. . Who can provide them?
Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Neil Southern, 2011). Neil Southern, 2011). However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses.
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.
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. The post Corporate Sustainability: Why Procurement Should Pave the Way appeared first on Jaggaer. Register now.
Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement.
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. Customer Service.
As the tsunami that devastated parts of Japan in 2011 and dislocated supply chains worldwide underlined, companies need to be better prepared to respond to a widening array of potential disruptions. But persuading managers, and notably procurement professionals, to build supply chain risk into their decisions can be an uphill battle.
Although strategic sourcing capabilities are well established in industries ranging from automotive to electronics, they are still in the formative stages in the biotechnology sector. In addition, much of the power in decision-making lies in the hands of clinical trials scientists, who often have power over procurement decisions.
These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. To counter Oracles PeopleSoft acquisition, SAP acquired SuccessFactors, a leader in human capital management (HCM), in 2011. So, we have skin in this game! Now lets declare a disinterest.
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. Business Process Outsourcing. Customer Service. Human Resources.
Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. With the EU and US introducing CO2 emission limits for trucks, the design of these transportation networks needs to change.
LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. As I wrote following the earthquake and tsunami that devastated Japan in March 2011, the reality is that there is relatively little companies can do right now to minimize the impact of these disruptions. Convey Closes $8.25
Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular. Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular.
Procurement is always thinking about cost savings, year over year. What if, for example, procurement has a budgeted amount for 4.5 cents, so procurement declares victory and says they saved their organization a lot of money: 3 cents per unit! Vel Dhinagaravel, CEO of Beroe , thinks this is the wrong way to measure procurement.
SupplierPay builds on the federal government’s QuickPay program started in 2011. Traditional methods of supplier risk mitigation involve diversifying risk, multiple sourcing, or switching suppliers, which are not effective in situations where entire regions, industry segments, or supply chains are experiencing financial distress.
In March of 2011, I had the opportunity to join fellow supply chain management bloggers Trevor Miles and Lora Cecere in a Kinaxis sponsored thought-leadership webcast focusing on the potential of the social supply chain.
After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. We needed to digitize as many of our source to pay processes as we possibly could.
ESG in Procurement Course Enroll Now Fundamentals of Systems Costs Enroll Now Introduction: Lean & Cultural Changes Enroll Now « ‹ › » page 1 / 16 Citations: [1] McKinnon, A. Key Constraints / Issues for Vehicle Utilisation. Freight Transport Association. Retrieved from [link] [2] Banister, D. Routledge. [8]
The information your trade team uses to determine landed costs or admissibility of goods should be shared with procurement teams, so that you always purchase goods at the lowest possible price. This same information can be used by your global trade compliance team to ensure that a sale can proceed.
The acquisition will also significantly boost SAP’s cloud applications portfolio with the addition of Ariba’s leading cloud-based procurement solutions. percent annual growth in 2011. Industry experts estimate the cloud-based enterprise network and procurement segment at a current size of $5 billion in revenue.
Redwood City, CA January 18, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , and Optis Consulting , a trusted implementation partner, today announced that Parkland Corporation has deployed Ivalua’s Source-to-Pay suite. We are excited to celebrate our deployment of another leading brand in Canada.
Acquisition in the federal government has been identified as a major source of potential savings in the future, as in the private sector, but a recent set of workshops and interviews identified some major challenges that exist. For instance, the website claimed 0 dollars spent on Medicare in 2011 and 2012.
Sean Thompson ( @seantho ), Executive Vice President of network and ecosystem for SAP Procurement Solutions, insists one of the problems preventing organizations from cutting through the fog of business is the whole notion of a “linear supply chain.” ” Improving Supply Chain Situational Awareness. ” Footnotes. [1]
The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. miles per gallon in 2011, and fuel economy for super-single tractor-trailer combinations was 7.35 The 8 Rights To Achieve Lean Transportation Practices. Right Service.
So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Sourcing Innovation. This was the result. wsjlogistics. JOC Daily Newswire.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content