Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The abstract notes that the research paper “ documents that shifts in the pattern of U.S.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Enterra Insights

JUNE 11, 2018

.”[1] What Potts discovered was that people living near the lake used tools made from obsidian and the nearest source of that stone was over a hundred miles away. The amount of obsidian discovered near the lake makes it unlikely the local population was self-sourcing. ” IT Pro , 17 November 2017. [8] Principle 3.

Supply Chain Planning Software 113

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Optimization 113

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. For more on pharmaceutical procurement, register for our upcoming webinar. Sourcing teams can launch a full RFQ to select a provider. RFQ, Contract, and Risk. JAGGAER is here to help.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

NC State SCRC

AUGUST 23, 2016

A new post discussed the development of a sustainable procurement standard developed by the International Standards Organization. It’s about time that the concept of sustainable procurement has a standard established around it. Establish dollar savings goal of X for disposal of old parts.

Procurement Analytics 40

Procurement Analytics Material Savings Waste Reduction Optimal Sourcing 40

Unleashed

OCTOBER 27, 2020

The European Union’s Medical Device Regulation (MDR) – formally known as Regulation (EU) 2017/745 – which sets out rules for medical devices sold in the EU. These are medical products that deliberately/fraudulently misrepresent their identity, composition or source. It roughly aligns with ISO 13485 without being equivalent.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

6 River Systems

JULY 9, 2019

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Some companies go beyond simply providing criteria, conducting periodic audits or requesting documentation verifying suppliers’ compliance steps.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 40

Supply Chain Shaman

SEPTEMBER 23, 2016

As fall becomes winter, supply chain leaders are planning their budgets and building strategies for 2017. With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Precoro

AUGUST 9, 2022

Founded in early 2017 and in partnership with entrepreneurs, industry, and leading academics, Ridgeline has already created and managed several successful companies, including Black Diamond Therapeutics, Monte Rosa Therapeutics, and Bright Peak Therapeutics , which now operate independently. Ridgeline's Initial Procurement Process.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Waste Reduction 52

Material Handling & Logistics

JUNE 8, 2018

The 100 Best Corporate Citizens list documents 260 data points of disclosure and performance measures in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy & community support. . . Also in 2017, 76% of the company’s 10 priority ingredients were sustainably sourced.

Waste Reduction 40

Waste Reduction Company Manufacturing Procurement Material Savings 40

NC State SCRC

MARCH 22, 2019

Some of the typical complaints I hear from procurement colleagues are the same ones I heard 20 years ago, and it seems as if nothing has changed. “Procurement doesn’t get any respect! I can’t get people in the business to listen to what I want to propose to them, and they don’t show up to my category meetings.”

Procurement Solutions 58

Procurement Solutions Negotiate Pricing Modeling Software Negotiating Skills 58

Supply Chain Shaman

JANUARY 9, 2017

I believe we need to move to Open Source tech. One dinner participant laughed as he said, “The more efficient we try to make procurement, the more we screw it up!” This transition from closed and proprietary solutions to open source capabilities will not happen quickly. Document Sharing. What do I mean?

Supply Chain Software 105

Supply Chain Software Supply Chain Network Software Pharmaceutical Supply Chain 105

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Procurement Blog. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories. Banking Suite. Cloud & Big Data. Customer Service. Distribution.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

HICX Solutions

APRIL 29, 2020

Many have had to completely rethink the way they buy goods and services, which has lifted procurement as a theme up the organisational hierarchy. This is partly due to the vast amount of data that flows through procurement departments. All-in-one suite or bespoke procurement system?

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Modeling Software Supply Chain Software 52

Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in million in 2017 and is expected to reach approximately USD 666.61 million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). Source: Accenture. Source: Accenture. in the coming years. Blockchain in Logistics.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Enterra Insights

JUNE 13, 2018

The cited passage reads, “Most CEOs continue to ignore supply chain management and sourcing. In the best companies, she explains, “The focus is outside-in, from the customer back, and demand-orchestrated across the silos to guide procurement decisions. ” Supply Chain Digest , 10 August 2017. [2] Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Shipchain

OCTOBER 16, 2018

According to Freight Waves , the threat of employee fraud, counterfeit products, and illegal business practices, forced companies to increase their expenditure on risk analytics by 35 percent in 2017. Future applications of blockchain may even encompass whole supply chains, from procurement, all the way to a product’s end-of-life-cycle.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Resource Reduction Waste Reduction Supply Chain Planning Software 96

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. What is the food supply chain? Food supply chain challenges and issues.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Talking Logistics

FEBRUARY 9, 2017

As I’ve said before, the ability to exchange timely, accurate, and complete data, documents, and other information with external business partners — and do so in a scalable, flexible, and cost-effective way — is one of the foundations to enabling supply chain visibility, control, and innovation. Source: RevCascade website.

Supply Chain Network Software 150

Supply Chain Network Software Supply Chain Planning Software Shipping Supply Chain Software 150

Logistics Bureau

DECEMBER 9, 2019

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. International shipping is complicated, and documentation requirements hard to understand.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

Provenance

AUGUST 13, 2018

Lack of standardised sustainability reporting makes it difficult to compare sustainability performance between source mines, set sustainability targets and reward best practice. In other words you cannot physically differentiate a sustainably sourced REE from a non-sustainably sourced REE without the use of tagging.

Modeling Software 56

Modeling Software Supply Chain Design Software Demand Planning Software Supply Chain Network Software 56

IQMS

MAY 1, 2018

Perfect order performance is calculated by taking the (% of orders delivered on time) * (% of orders complete) * (% of orders damage free) * (% of orders with accurate documentation) * 100. Many manufacturers evaluate this metric every 90 days with all suppliers to evaluate relative quality levels by product and sourcing area.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

Unleashed

JUNE 23, 2021

Cloud technology is nothing new anymore, but as the technology continues to grow and becomes increasingly easy to set up and use, its adoption rates keep climbing – global spending on cloud services grew from US$145 billion (2017) to $332 billion (2021), and is expected to reach $397 billion in 2022 ( Statista ). Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. As of December 2017, Terex was planning to integrate the yard management solution with its ERP platform to enable even greater functionality.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Supply Chain Game Changer

NOVEMBER 18, 2018

Source: [link]. Source: Wikipedia [link]. Source: [link]. Source: [link]. ” Source: [link]. The analogy I like best in describing how a Blockchain works involves either a Spreadsheet, a Contract, a Word document or a Powerpoint presentation for instance. Blockchains are transaction ledgers.

Sourcing Strategies 84

Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement Material Savings 84

Unleashed

DECEMBER 20, 2022

The global book market is expected to see revenues of $112 billion in 2023 – the highest amount since 2017. An eCommerce business should have all the necessary policy documents in place before launching. The best way to ensure the accuracy of supplier promises is to get them written up into a supplier agreement or contract.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

Supply Chain Game Changer

MARCH 20, 2019

The whole eco-system knows exactly what the source of the information was and the technology enables the authentication, thus, removing the need to verify the information again through the use of test certificates, bill of lading or letters of credit as an example. Some of the simple applications are: Procure Materials.

Supply Chain Software 79

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Network Software 79

Exiger Perspectives

JULY 19, 2023

By fostering a more ethical business environment, regulations aim to prevent and address modern slavery, promote responsible sourcing practices, and mitigate human rights abuses in supply chains. Companies must take proactive measures, implement risk management systems and document supply chain activities.

Supply Chain Software 40

Supply Chain Software Supply Chain France Canada 40

Material Handling & Logistics

OCTOBER 26, 2018

Instead of using Google to search scientific literature, imagine hundreds of women using massive mainframe computers searching for physical documents based on key words submitted by scientists. SCOTT: Obviously tariffs, if implemented for the long-term, will impact global supply chain strategies—sourcing, nearshoring versus offshoring, etc.

Pricing Training 54

Pricing Training Supply Chain Design Software Purchasing Training Negotiating Skills 54