Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing. One is the thought process around best-cost sourcing versus least-cost sourcing.

How Many Slaves Are in Your Supply Chain?

Talking Logistics

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.”

This Week in Logistics News (October 7-11, 2013)

Talking Logistics

Exclusive: Cisco, Google, SAP discussing BlackBerry bids – sources ( Reuters ). The information shall act as the basis for a “single source of truth” to help retailers optimize branding, marketing, promotions, pricing, merchandising, inventory management processes and more. .

Responsible Sourcing Insights

SCM Research

Sedex is a nonprofit organization dedicated “to driving improvements in ethical and responsible business practices in global supply chains” Their new six-part “Responsible Sourcing Insights Films” series tackles key challenges in responsible supply chain management.

This Week in Logistics News (October 28-November 1, 2013)

Talking Logistics

Reports 2013 Third-Quarter Results. Con-Way this week reported 2013 third-quarter net income of $30.6 One of my predictions for 2013 was that we would see increased adoption of alternative fuel vehicles. Source: Presentation by Bill Lee, VP at Breakthrough Fuel.

Global Manufacturing Outlook 2013

SCM Research

The Economist Intelligence Unit’s Global Manufacturing Outlook 2013 , written on behalf of KPMG, is out now. It is based on an international survey of more than 300 senior executives from five industries. The report demonstrates that competitive advantage can be secured by enhancing supply chain networks for efficiency and innovation.

This Week in Logistics News (August 5-9, 2013)

Talking Logistics

uses embedded business intelligence analyzing input from multiple data sources to provide allocators with better insight and recommendations. . Tweet The post This Week in Logistics News (August 5-9, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (April 15-19, 2013)

Talking Logistics

In the meantime… SAP Announces First Quarter 2013 Results. SAP reported that total revenues and net profit increased 7 percent and 17 percent, respectively, in Q1 2013 compared to Q1 2012.

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This Week in Logistics News (June 3-7, 2013)

Talking Logistics

In this week’s news… UPS Freight Announces 2013 Rate Adjustment. Cass Freight Index Report for May 2013. Amazon plans big expansion of online grocery business: sources ( Reuters ). The rate adjustment will take effect on June 10, 2013, and applies to minimum charge, less-than-truckload (LTL) and truckload (TL) rates, and accessorial charges.”. Rates have still remained quite flat as they have most of 2013. Welcome to June.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices.

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Local Sourcing, Global Supply Chain

BluJay Solutions

Yet the company is at pains to make it clear this is part of a global operations strategy, with devices continuing to be assembled in China and Brazil and components presumably continuing to be sourced from emerging markets based on cost and quality.

Ariba: At the Intersection of Social and Business Networks

Talking Logistics

Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement.

7 Megatrends Supply Chain People Should Watch

Supply Chain Opz

Background Expert opinions appear to be the most important source of information for a trend prediction. 5) Industry is blurring : technology alone is rarely a source of competitive advantage but it''s the combination of technology and the new business model.

7 Supply Chain Tips from Superheroes!

Supply Chain Opz

In private sector, robust strategy means something that works under any circumstances, for example, part standardization and multiple sourcing. Supply chain management is everywhere and even the superheroes can give you some lessons!

7 Principles of Supply Chain Management Explained

Supply Chain Opz

Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll.

Supply Chain Talent: The Missing Link in Your Future?

Supply Chain Shaman

It is the sourcing and development of mid-management talent. Today, I finished up a report on supply chain talent. After doing the analysis of the results, I even more firmly believe that supply chain talent is the missing link in the supply chain.

7 Supply Chain Transformations at SAMSUNG

Supply Chain Opz

Today Samsung Electronics has proven to be one of the most successful global brands to follow. In supply chain management context, they has demonstrated the operational excellence that leads them to the supply chain hall of fame. In this article, we will explain to you how they do it.

What Do We Do Now?

Supply Chain Shaman

” Supply chain planning roles have the largest number of vacancies with the longest time to source. Supply chain talent is a growing gap for leaders. The impact is great. The biggest issues are in mid-management roles. Let’s examine some of the facts from recent research.

Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. Some components are currently obtained from the single or limited sources. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll.

7 Ways to Improve Supply Chain Visibility

Supply Chain Opz

Padmanabhan and Seungjin Whang Information is then grouped and converted in the infographic as below, 7 Ways to Improve Visibility 1) Shorten pipeline : the prevalent use of outsourcing, global sourcing in particular, increase the members of supply chain including related processes.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector. Today, I am proud to launch the Supply Chain Index.

7 Rules of Fashion Supply Chain Management

Supply Chain Opz

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.

Value Chain Analysis for Superior Supply Chain - SupplyChainOpz

Supply Chain Opz

Only 9 of out 20 articles cite Porter as the source of the concept (only 3 of them explain the concept appropriately, the rest of them do value system analysis using unknown methodology). Then, Original Porters Competitive Advantage is use as source. NAVIGATE. Basics. Case Studies.

Remembering Ronald Coase (Dec 29, 1910- Sept 2, 2013)

Supply Chain View from the Field

It is true that with the rise of global sourcing, the internet, and globalization of supply chain networks, transaction costs have indeed fallen. Ronald Coase passed away this past week, at the ripe old age of 102 1/2.

What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Yesterday, I finished a post on supply chain planning maturity. A client had asked me, “How do I know if we have a mature supply chain planning organization?”

7 Supply Chain Cost Saving Ideas from SpaceX

Supply Chain Opz

2) Keep product design in-house : Musk knew from the start that the product design is a very critical mission because it dictates type of materials, manufacturing processes and source of supplies.

2013 Third-Party Logistics Study

Supply Chain Movement

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains. 3PLs and shippers each see themselves as the largest sources of innovation within their relationships.

Training for the Next Triathlon. Insights for You?

Supply Chain Shaman

Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing. I have never been an athlete. At the age of 58, I buried my mother in November 2012. She died of complications from Alzheimer’s disease.

Talk Doesn’t Cook the Rice

Supply Chain Shaman

It will be launched during a webinar on April 25, 2013 and through a series of reports that will run in our May newsletter and throughout the summer. Selection of our Global Summit speakers: On September 11-12, 2013, we will be holding our first Global Summit.

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. So the alternative sources should be in totally different locations or ideally, in the different countries. NAVIGATE. Basics.

Who wants to become a demand-forecasting expert? (Part 2)

DELMIA Quintiq

Quintiq (@Quintiq) September 19, 2013. Combine multiple sources of information to improve accuracy of forecast. Quintiq (@Quintiq) September 19, 2013. Welcome back to the present (assuming you’ve just been to the future and back)!

Chief Analytics Officer Conference 2013: A brief history of Big Data analytics according to Tom Davenport

Supply Chain View from the Field

Given this genomic data and complex large unstructured data sources, a new role called the Data Scientist began to emerge. I had the opportunity to attend the CAO conference in Chicago this week where I sat on a panel discussing the topic “Creating an Analytics Culture.”. The session was kicked off by Tom Davenport, the recognized ‘guru’ of analytics who has written several books and many articles on the subject.

Emerald Citation of Excellence 2013 for supply chain innovation article

Supply Chain View from the Field

I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. As papers need at least three years to accumulate citation data, the 2013 Awards have been selected from papers published in 2009. A full list of the 2013 winners, as well as lists of previous winners, is available at: [link].

Things Have Changed: What Do We Do NOW?

Supply Chain Shaman

The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence.

3PLs, What’s More Valuable Than Another Twitter Follower?

Talking Logistics

Supply Chain Risk Management Challenges Companies Face (Source: Adelante SCM). Source: Adelante SCM web survey, 2011.

Changing Mental Models

Supply Chain Shaman

The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. Published by Supply Chain Insights in January 2013.

Bait and Switch

Supply Chain Shaman

Source Merriam-Webster Dictionary. The definition is: An adaptive network focused on a value-based outcome that senses and translates market changes (buy- and sell-side markets) bidirectionally with near real-time data latency to align sell, deliver, make and sourcing operations.