Vanilla Sourcing in Madagascar

SCM Research

Practice Africa Corporate Social Responsibility Procurement Relationship Supply Chain Management Supply Chain Sustainability Video In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds.

Understanding Your Sourcing Footprint is the Key to Procurement Analytics

Supply Chain View from the Field

Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics

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Supply Chains By the Numbers

Supply Chain Shaman

Intellectually, while I will know that year has changed, I will screw-up time, and time, again by writing 2014 on documents for many, many months. In the mid-1980s, leaders like Colgate, Intel, and Procter & Gamble defined supply chain organizations where source, make and deliver functions reported through the same organization, and had a common leader. … this is the last blog of 2014. Tomorrow starts a new year. It will take me awhile to adjust.

eWorld Procurement & Supply

Supply Chain Movement

eWorld Procurement & Supply. eWorld Procurement & Supply in association with The Chartered Institute of Procurement & Supply (CIPS), is the UK’s leading event focusing on the use of leading-edge technologies and techniques within the procurement & supply chain functions. Soft skills for procurement professionals. Intelligent sourcing & risk management. Sustainable procurement strategies. Social Media and procurement.

The Links between Product Lifecycle and Supply Chain Management

Logistics Viewpoints

Procurement/Sourcing Production Supply Chain Planning I wrote a Logistics Viewpoints article in October that discussed how Diageo has transformed its supply chain from a cost savings function to an enabler of growth-driving innovation. This case discussed how supply chain was elevated to a strategic level due to its critical role in executing new product introductions. I found the connection between […].

Is Procurement a True Profession….Yet?

Supply Chain View from the Field

Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. There is certainly a lot of work to be done, and this exciting project that we’ve been traveling through will I believe provide some provoking ideas to drive the profession of procurement to new heights.

Efficient Financing Options Help Enhance Factory Standards in Emerging Markets

Logistics Viewpoints

Procurement/Sourcing Supply Chain Planning Supply Chain Risk Management financial supply chain GT Nexus IFC The financial supply chain needs more attention than it usually gets. Traditionally, the focus of supply chain management is on the movement of finished goods and raw materials across the value chain. But companies also need to pay attention to the flow of money. The movement of money happens in the form of bank credits […].

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Procurement Comes of Age in Financial Services and Insurance

Supply Chain View from the Field

And that’s is where procurement is suddenly playing a role – because nowhere is there more of a need to find savings than in the area of indirect spending in banks. For example, a large insurance company recognized that they needed category specialists to understand the current state and provide advice to lines of business on sourcing options: “We had to hire an IT specialist to work with the IT group to assist in building their IT category strategy.

Innovative Approaches to Supply Chain Risk

Kinaxis

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Adding to this challenge is the reluctance of suppliers to share their sources with their customers for competitive reasons.

Misnomer

Supply Chain Shaman

The team was organized around the functional silos of source, make and deliver. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution. Today, 60% of sourcing organizations and 45% of manufacturing organizations report through the supply chain organization.” Misnomer (n): A wrong name. The misuse of a term or name. Merriam-Webster Dictionary.

Leading Healthcare Systems Respond to Obamacare by Making Supply Chain a Critical Differentiator

Logistics Viewpoints

Pharma & Life Sciences Procurement/Sourcing RFID & AIDC The health care industry in the US is undergoing transformation driven by the Affordable Care Act (Obamacare) and the increasing impact of consumerism. Healthcare providers historically have had prepaid plans where the cost of care was paid up front and the more procedures a hospital did, the more they got paid. Consequently providers felt little […].

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“The Procurement Value Proposition”: Guest Post by Gerard Chick Part 1

Supply Chain View from the Field

I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change. Procurement has two types of people working in it – doers (the buyers) and enablers (the value adders).

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). For related commentary, see Insights from Ryder Innovate 2014. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. — Adrian’s Supply Chain and Logistics Predictions for 2014. Trade agreements, protectionism, and threat of port strike will dominate global trade news in first half of 2014.

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How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

This Week in Logistics News (September 6 – 12)

Logistics Viewpoints

Consumer Packaged Goods (CPG) Food & Beverage Industry Global Trade Procurement/Sourcing Retail This Week in News We’ve written a lot about the truck driver shortage here at Logistics Viewpoints and the impact that this could have on the global supply chain moving forward. Often times we forget about, or simply don’t think about, everything and everyone that makes it possible for us to get the goods we desire. The shortage could […].

Do You Know How Much Your Company is Spending? A Spend Analytics Checklist

Supply Chain View from the Field

Spend analysis does not need to occur only on an annual basis, but can be applied also to reviews of a category or subcategory of spend that occurs when a contract is being negotiated, or when a strategic sourcing project is initiated for a particular category group. Spend analysis is also a critical component of effective budget planning, and setting key performance indicators for sourcing teams to consider in their assigned duties.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years.

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Why the supply chain should be more social

The Network Effect

Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supply chain. No company has ‘truly’ modeled the full relationship set between how companies interact with other companies upstream and downstream in the supply chain.

Upstream Unconventional Oil and the Chemicals Used in Drilling: A Supply Chain in Need of Improvement

Logistics Viewpoints

Business Intelligence Chemical Industry Inventory Management Mobile Technologies Procurement/Sourcing Unconventional Oil includes shale oil and oil from tar sands. In producing oil, chemicals are injected into the ground to increase flow. The amount of chemical treatment is tied to the oil and gas production rates; treatments need to be adjusted as production rates vary. In many situations production treatment chemicals represent the second highest […].

How Are Counterfeit Drugs Procured?

Supply Chain @ MIT

A new approach focuses on the way these products are procured. The research explores a new approach to combating drug counterfeiters: devising mitigation strategies based on the way dispensers procure medicines. The research was carried out by Laura Wagner for her PhD thesis Sourcing Decisions for Goods with Potentially Imperfect Quality Under the Presence of Supply Disruption. Counterfeit cures.

Procurement’s Value Proposition: Gerard Chick Guest Post Part 2

Supply Chain View from the Field

I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change. Our book, The Procurement Value Proposition , will be released in December. And yet procurement has much expertise to offer, which can provide substantial financial benefits.

10 Commandments of Inventory Management

Supply Chain Opz

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? Conclusion Inventory management is never about pure theories but it''s the interface of various practices in inventory controllers, sales, production, procurement and warehouse, don''t you think so

Apple: Still a Penny Wise and Pound Foolish?

Talking Logistics

For example, here are a couple of the contract terms he references in the declaration: - The pricing for sapphire [which GTAT was to produce] was the lesser of (i) the price agreed between the parties, (ii) the “not to exceed” price listed on a schedule, (iii) 95% of the lowest price offered by GTAT to any of its customers or (iv) 99% of the quoted price in a bona fide offer to Apple from another qualified source.

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit will provide: Educational seminars on the latest industry issues.

Supplier Financial Health: Don’t Wait for the Worst, Reach out and Talk!

Supply Chain View from the Field

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. BRIC Supply Chain Procure to Pay Strategic Sourcing Supplier Relationship Management Supply Chain Management Supply chain Relationships Supply Chain Risk Working Capital Management

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Date: 28 – 30 April 2014. In 2014, more than 7,000 high-calibre visitors attended. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers. To see the list of companies that visited in 2014, please click here. Multimodal 2015. Venue: NEC Birmingham. Organiser: Clarion Events.

Do No Harm…

Supply Chain Shaman

Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. These tools allow us to look at sell, source, make, and deliver together. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream.

Lars Syberg : “Taming Tigers’ supply chain is a real challenge”

Supply Chain Movement

I’ve been setting up a simple S&OP process that involves the expansion, procurement, finance and supply chain departments. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East. I need to reduce lead-time, improve forecasting, sourcing and risk assessment and I need to model all these things into a system. If you’ve not been into a Tiger store yet, it probably won’t be long before you do.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

The Atlanta-based company demonstrated that companies focusing “heavily on supplier diversity” generated a 133% greater return on procurement investments than the typical business. These companies spent an average of 20% less on their buying operations, and the number of their procurement staff is less than half of their peers who do not have supplier diversity programs in place. More than just charity.

Job opening: International Category Manager – Logistics at Rockwool

Supply Chain Movement

Can you deliver added value and cost savings from a supply chain, optimise and develop procurement processes, manage a wide range of suppliers internationally and identify new supply sources? In order to strengthen our international procurement team, we are offering a Sourcing & Procurement position in logistics with both professional challenges and personal perspectives. You will be joining ROCKWOOL’s Global Sourcing & Procurement organisation.

Modular production requires comprehensive optimization

DELMIA Quintiq

And instead of having either a small or large facility, modularization lets companies build production containers that are flexible for set-up wherever they are needed – for example, near the customer or near the procurement sources for upstream products. We are seeing many developments in the chemical industry. New and innovative processes for modularization of production are putting both production and logistics structures to the test.

Small Business Manufacturing in America: Innovate, Design, Develop and Manufacture

Supply Chain View from the Field

To begin with, there needs to be a fundamental shift away from price-based procurement, to target costing. Category Management Design for Supply Chain Organizing for Supply Chain Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Innovation I had a remarkable interview with a medium sized supplier today, that has truly found a business model which I believe holds a promise for a new industrial revolution in North America.

Winning Student Posters Focus on Visibility, Total Cost of Ownership, and Procurement Processes

Supply Chain View from the Field

Bayer Crop Science – Internal Procurement Audit – Undergraduate Team: Hamilton Brewer, Emily Ciriano, Scott Gray. Strategic Sourcing Manager – Tires, Wheels, and Mounting Systems. We had another great set of student projects during our Spring SCRC student poster session. Students presented a total of 26 projects, including both practicum projects from our undergraduates, our MBA, and the new Local Food Systems Class.

USDA releases study on Biobased Economy

Supply Chain View from the Field

We spent a good deal of time collecting research from a variety of different sources, to put together a picture of what the biobased economy looks like. Congress mandated the upcoming study in the 2014 Farm Bill. Biobased Products Commodities forecasting Emerging Issues in Supply Chain Procurement Sustainability Sustainability The USDA released a new study that I worked on with Jay Golden from Duke University this past summer.

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Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

I was amazed at the speed and convenience of the technical solutions emerging in the procurement area, based on the discussions I had with the individuals present. Anu formerly worked in procurement at Kaiser Permanente, and also pointed out how increasingly young physicians want to do everything on iPads (including accessing patient records) – and this will be a problem as patient confidentiality regulations can inhibit the ability of physicians to be electronically productive.