What Does “Good” Look Like: Strategic Sourcing

ivalua

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category. If Procurement follows a Strategic Sourcing process flow like a checklist, then all Strategic Sourcing projects will start and end in the same way.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing

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Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Over the last month, I have been working on the 2019 Supply Chains to Admire analysis. The source data for the analysis comes from Ycharts.). Please join me in congratulating the winners of the Supply Chains to Admire for 2019. Supply Chains to Admire 2019 Top-Performing Supply Chains. . Long-term balance sheet improvement requires a focus on a balanced scorecard and the alignment of sell, deliver, make, and source to drive value.

Using Satellite Imagery as a Data Source to Improve Supply Chain Management

Logistics Viewpoints

The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. Supply Chain Planning Satellite imagery

End to End Supply Chain Visibility - Solving The Data Problem

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions. in this case, responsible sourcing. Source Smarter. Source: Purina. Source: Nestlé. procurement #sourcing #purchasing.

Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019

ivalua

Ivalua CEO David Khuat-Duy on Tuesday kicked off Ivalua NOW 2019 Chicago, at the Renaissance Chicago Downtown Hotel and welcomed hundreds of customers, prospects and partners. The post Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019 appeared first on Ivalua. “We have this long-term strategy of building a very big company with a fantastic product that we can offer to the market. And this is our vision,” .

Trends 2019: Manufacturing

Enterra Insights

Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] Accordingly, manufacturing supply chains will become more intelligent in 2019, as well.”[6].

Trends 100

QAD Cloud ERP 2019 and Other Solution Innovation Highlights

QAD

As of April 2, 2019, we are pleased to announce the availability of QAD Cloud ERP 2019, the latest version of QAD’s flagship ERP solution that includes the Channel Islands User Experience (UX) and the QAD Enterprise Platform. QAD Cloud ERP 2019 Highlights. Additional innovations were made in the areas of sourcing, inventory and order visibility within depot repair and related material management processes.

Regional Carriers Are Great Source for Owner Operator Trucking Jobs

Kane is Able

Owner-operators are freedom-loving entrepreneurs. They own their trucks and want to earn a good living, while remaining independent. Some may choose to hunt profitable freight on load boards, while others align with carriers to provide dedicated capacity. In recent months, Kane Freight Lines has had an increasing number of inquiries from drivers seeking owner-operator trucking jobs. That’s because currently, in the spot market, load-to-truck ratios are down and rates are down.

Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

From their social feeds to eCommerce, more customers are buying products right from the source. Expect to see that market share increase in 2019. What are your retail predictions for 2019? Customer Experience Innovation Retail AI artificial intelligence automation customer experience machine learning ML retail Retail trends for 2019 supply chainIt’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up.

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Proving sustainably-sourced ingredients in health and wellness foods

Provenance

Food brands have always recognised the importance of sourcing the right ingredients. Communicating sustainable sourcing at Balance Festival. In an industry that has struggled against contaminated products and lack of sourcing visibility , she wanted to prove that her honey was sustainably-sourced from family beekeepers in Bulgaria. Knowing the source of ingredients will only continue to increase in importance as market demands grow.

Understanding the Importance of Strategic Sourcing

USC Consulting Group

Sourcing is a key component of your Supply Chain – perhaps the most important part. That’s where Strategic Sourcing comes into play. By overhauling sourcing frameworks and opting for an integrated approach, enterprises can foster closer vendor relationships, reduce the total cost of ownership, and lay the groundwork for sustainable success. Are you getting the most out of your current sourcing vendor relationships?

Supply Chain Optimization: What does it mean in 2019 and beyond?

River Logic

The value of predictive analytics allows companies to view the history of a seasonal product’s raw materials, for example, and predict how procurement needs to source the upcoming season’s inventory. Procurement gets a win for reducing costs, but the company doesn’t necessarily benefit if the product has overall lower margins than other SKUs, which could have been promoted. Prescriptive Analytics Supply Optimization Supply Chain Supply Chain Optimization

3 Supply Chain Trends to Keep on Your 2019 Radar

Logistics Bureau

3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019. Source : Logistics Management 2018 Distribution Center Survey. . 2019: Another Big Year for Supply Chain Technology.

2019 Transportation Industry Trends

GTG Technology Group

6 Transportation Industry Trends to Look for in 2019. 2018 has ended and 2019 is here! Below are the notable trends for 2019. These are just some of the major trends that will affect the transportation industry in 2019. Sources: [link]. The post 2019 Transportation Industry Trends appeared first on GTG Technology Group. New opportunities in the transportation industry are thriving.

The things we’ve seen, in 2019

DELMIA Quintiq

we at Dassault Systèmes want to take some time to reflect on our 2019. We shared a lot of their stories this year: including IMC Toys , Spark Racing Technology and the European Spallation Source (ESS) to mention just a few. We hosted and attended many events in 2019! We proudly received some awards in 2019. 3DEXPERIENCE 2019 3DEXPEIRNECE platform customer stories events Making a Difference Medidata sustainability

Sourcing Tips: How to Find the Right Food Service Supplies

AFFLINK

Make a comprehensive list of the equipment that you need before you begin sourcing these items. Many restaurants go through a separate distributor for their regular food items and baked goods, as they can source baked goods locally that are fresher. Restaurants often run on very lean profit margins, and they need to be able to source their products reliably.

Is Amazon In-Sourcing or Creating a New Service? You Already Know

Cerasis

The post Is Amazon In-Sourcing or Creating a New Service? E-Commerce Logistics Freight Logistics amazon in-sourcingAmazon didn’t get to where it is today (hit a market cap of $1 trillion in Sept. 2018) by resting on its laurels. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon.read More. You Already Know appeared first on Transportation Management Company | Cerasis.

Global Sourcing and Improving Supply Chain Visibility

Supply Chain 24/7

When comparing today's retail environment with the past, it isn't surprising that the industry remains focused on improving visibility in the supply chain (again

Managing Threats And Opportunities With Cognitive Sourcing

LevaData

As digital innovation takes the forefront when it comes to customer experience and engagement, new connections between brand managers, manufacturing, and sources of supply are rapidly emerging. Organizations will begin to move away from calendar-based sourcing events to an as-needed process that allows for more agile management of their supply chain. First of all, the search for socially responsible, regulatory compliant sources of supply is already daunting.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

Therefore, 2019 was a challenging year for businesses to improve their supply chain, as they try to keep up with technology evolution pace. However, the level of AMR adoption changed in 2019. Source ) Even though Warehouse Management System (WMS) has been playing a crucial part in supply chain management, the emergence of autonomous mobile robots in optimizing picking process has become increasingly competitive. The market for cloud SCM grows in 2019. Source) 6.

Bristlecone Flash – September 2019

Bristlecone

BRISTLECONE PULSE AT MIT 2019 – IT’S A WRAP! We’re pleased to announce the winners of our annual Customer Excellence Awards, which were presented recently during Bristlecone Pulse at MIT 2019. With SAP Ariba Supplier Lifecycle and Performance (SLP), Sourcing and Contracts now in its production environment, the company has taken a major step toward realizing its strategic objectives. The post Bristlecone Flash – September 2019 appeared first on Bristlecone.

How transparency in the supply chain leads to sustainable sourcing

Pivot88

According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Where do they source their products? The post How transparency in the supply chain leads to sustainable sourcing appeared first on Pivot88.

Supply Chain Brain Q&A: Future of AI for Strategic Sourcing

LevaData

Richard Barnett, LevaData’s VP of Marketing and Alliances sat down with Supply Chain Brain to discuss AI’s growing role in strategic sourcing. Supply Chain Brain has the full interview , which covered a variety of sourcing-related technology topics: A growing role for AI suggests that managers will be forced to either adopt cognitive sourcing technology, or find themselves left behind.

Moving to Continuous Sourcing: Real-Time Opportunity Sensing

LevaData

This explosion has rippled through supply chain and sourcing as access to useable data sources has increased. This data has the potential to revolutionize the way sourcing is conducted. Unfortunately, lean teams and limited resources mean a lot of sourcing teams struggle to manage this data effectively and so don’t reap the benefits of their digital bounty as a result. Increasing Agility With Cognitive Sourcing. That puts a lot of pressure on sourcing teams.

This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub. The post This Week in Logistics News (January 28 – February 1, 2019) appeared first on Talking Logistics with Adrian Gonzalez. I was in Orlando, Florida this week moderating workshops for a logistics service provider client.

This Week in Logistics News (April 22-26, 2019)

Talking Logistics

link] pic.twitter.com/d9AjhfPNN1 — Daniel Sinclair (@_DanielSinclair) April 25, 2019. Now It’s Paying Off (Bloomberg) BluJay Gains Momentum with Record Number of Companies Selecting its Supply Chain Technology Solutions Manhattan Associates Reports Record First Quarter 2019 Performance Locus Robotics raises $26 million for warehouse automation (TechCrunch) GV-backed KeepTruckin nabs $149M at $1.25B valuation (TechCrunch) ATA Truck Tonnage Index Fell 2.3%

Mid-Continent Instruments and Avionics uncovers sources of growth with Halo’s Advanced Analytics

Halo

Mid-Continent Instruments and Avionics uncovers sources of growth with Halo's Advanced Analytics. With Halo we’ve been able to identify sources of growth and attack those items and give them the diligence that they need.". The post Mid-Continent Instruments and Avionics uncovers sources of growth with Halo’s Advanced Analytics appeared first on Halo.

Bristlecone Flash – February 2019

Bristlecone

BRISTLECONE DEPLOYS SAP ARIBA STRATEGIC SOURCING SUITE. By automating everyday tasks and increasing visibility into the procurement process, the company is now positioned to enrich its supplier relationships, generate significant savings through better sourcing decisions, and improve contract monitoring and compliance. MARK YOUR CALENDAR FOR PULSE 2019. Don’t miss your chance to get in on the customer-centric antifragility conversation at Pulse 2019!

What Does It Take To Make Sourcing Truly Strategic?

USC Consulting Group

Marketplace pressures have forced procurement professionals to abandon traditional sourcing practices and implement more responsive strategies designed to promote organizational efficiency, agility and flexibility for growth, not to mention cost reductions. For businesses on the outside looking in, it might be difficult to understand how strategic sourcing differs from other long-established procurement practices. The post What Does It Take To Make Sourcing Truly Strategic?

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Did you make any New Year’s Resolutions for 2019? There are five rides you can choose from this year: La Crosse, WI: August 8 – 11, 2019 Sonoma, CA: August 22 – 25, 2019 Saratoga Springs, NY: September 12 – 15, 2019 Amelia Island, FL: October 3 – 6, 2019 Death Valley, CA: October 17 – 20, 2019. The post This Week in Logistics News (January 7-11, 2019) appeared first on Talking Logistics with Adrian Gonzalez.

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. “We’re Press Release Transportation Award Chainalytics freight sourcing ocean procurement sourcing optimization Transportation Procurement transportation sourcing Truckload procurement

Bristlecone Flash – January 2019

Bristlecone

Establishing a single, centralized procurement platform will standardize and harmonize all sourcing processes and increase operational transparency through sophisticated reporting. 21st for our Show Me the Moneyy sourcing simulation game. The post Bristlecone Flash – January 2019 appeared first on Bristlecone. GLOBAL PREMIUM JEWELRY BRAND SELECTS BRISTLECONE.