Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. Build-In supplier network redundancies: Single-source dependency is high risk.

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Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. – LogiSYM July 2020.

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The Future of Supply Chains Post COVID-19 – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Sourcing strategies will focus on risk-free, nearshoring supply base with long term partnership with TCO-competitive suppliers, who value sustainability. . LogiSYM Supply Chain Magazine – July 2020. The Future of Supply Chains Post COVID-19 – LogiSYM July 2020.

LogiSYM Digital 2020: COVID-19 Is A Wake-Up Call for Supply Chains to Ramp Up Business Continuity & Security – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Other rising concerns to be addressed, “suppliers were single-sourced, and there is a general lack of risk assessment that results in companies not being able to switch to alternative routing.”. The path to recovery from COVID-19 – LogiSYM August 2020. Article August 2020

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. The path to recovery from COVID-19 – LogiSYM August 2020. Optimising M&M Spares Supply Chain – LogiSYM August 2020.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Supporting localisation – To increase resilience, means to decentralise sourcing. Repositioning production plants / source manufacturing closer to end users’ markets, requires investing in regional infrastructures. Work-from-Home, Trust & The Friday Factor – LogiSYM September 2020. LogiSYM Supply Chain Magazine – September 2020.

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. As we progress through and past the pandemic, is it time for Procurement to adopt parallel Supply Chain strategies, such as dual sourcing, and limit or abandon single sourcing and sole sourcing? What is Single Sourcing or Sole Sourcing?

ChainPoint present at 2020 Textile Sustainability Conference

ChainPoint

ChainPoint will be present as exhibitor at the 2020 Textile Sustainability Conference, a virtual conference that will take place from 2-6 November. textile supply chain cotton supply chain apparel sustainable sourcing textile trace

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

ivalua

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals.

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all… General Supply Chain Management automotive supply chain coronavirus supply chain management supply chain sourcing

Strategic Sourcing: Five Steps to Secure the Best Suppliers

Supply Chain Brain

As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing strategies, too

If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. This best practice urges companies to examine not just the cost of the sourced products, but also to understand the risks associated with not multi-sourcing key components. The post If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

How Can Advanced Sourcing Help Your Business?

EC Sourcing Group

Sourcing is the term used when the purchasing department is searching for the right supplier (or group of suppliers) to fill a particular need, typically a good or service, to fulfill a purchasing order. Advanced Sourcing Optimizers and Tools: What Are Your Sourcing Challenges?

3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

2020 seemed a world away just a few years ago and yet, here we are. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS SC Blog.

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How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

factory selection sourcing supply chain management Contract Manufacturer supply chain RFQGlobal manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future.

How Sourcing has Reemerged in a Covid-19 World

Jaggaer

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Diversify Your Sourcing Needs. COVID-19 Sourcing

Local Sourcing strategy, useful to boost the Economy

Prophetic Technology

There is a tendency to “buying local” or local sourcing, designed to set in motion the Economy after the prolonged-lockdowns, the stop of many operations, the falling of employments and much more, a significant per cent willing to buy products whatever the cost.

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

ivalua

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals.

New Supplier Registration Process – E-Sourcing

TPSynergy

As part of the Supply Chain Management, an important task of the sourcing team is to identify and Onboard new suppliers regularly. This will help the buyers to have an unbiased selection of the proposals first on technical merit and then finally open the price bid to select the best source.

USMCA and the Role of Cognitive Sourcing

LevaData

Increasing pressure to remain competitive with higher costs will force sourcing strategists to adopt new methods so they don’t fall behind. The method of choice seems to be cognitive sourcing, taking advantage of augmented intelligence to drive superior cost savings.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. That’s where a lot of the money had been deployed up until March 2020. The post Why investors are looking at supply chain technologies in 2020 appeared first on Requis.

Sourcing Decision Center Datasheet

ivalua

The post Sourcing Decision Center Datasheet appeared first on Ivalua

The End of Single-Source Supply Chains

Supply Chain Brain

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing

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Ivalua Sourcing Video

ivalua

The post Ivalua Sourcing Video appeared first on Ivalua

Stronger together – Will competing Fieldbus ever evolve into an open-source architecture?

In the Supply Chain

The post Stronger together – Will competing Fieldbus ever evolve into an open-source architecture? By Neil Ballinger (pictured). Head of EMEA at EU Automation. appeared first on IT Supply Chain. Industry Talk

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. The post Time to Rethink Sourcing Rare Earth Elements appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Sourcing And The Value Chain – Why Digital Platforms Matter

Gravity Supply Chain

Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain. Gravity’s technology helps mitigate risk.

The Great Gap Year of 2020

Bristlecone

Today, with nearly two-thirds of the pandemic-hit 2020 over, there is now much anxiety and uncertainty about the coming year. I prefer to think: 2020 is only the beginning, the best is yet to come. I would like to define and remember the year 2020 as the Great Gap Year.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

Top Transportation Management System (TMS) 2020 Trends

Cerasis

With the coronavirus fresh on our minds, it is time to approach the topic from a new perspective that is built on rapid sourcing and better management—software.read More. The post Top Transportation Management System (TMS) 2020 Trends appeared first on Transportation Management Company | Cerasis. TMS Trends TMS 2020 Trends

A Humble 2020 Procurement Resolution – Transform the World 

ivalua

The key is to be ambitious in digitization goals and realize 100% digitization across all spend, all suppliers and the full source-to-pay spectrum is both possible and essential. Source: Executing A Successful Procurement Transformation, April 2019, Forrester (commissioned by Ivalua). It would not have been possible if their sourcing technology was too rigid to meet the scalability requirements for such volume and the unique processes involved in running forward auctions.

Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. The focus is on improving decisions through bi-directional orchestration market-to-market using the channel insights, logistics signals, and sourcing market data.

Trends and Predictions 2020: Technology

Enterra Insights

Therefore, in 2020, many more organizations will develop their own 5G network to optimize and streamline their business, using connected sensors, robotics and artificial intelligence that can communicate seamlessly with each other using 5G.” “By 2025,” the IDC analysts predict, “nearly two-thirds of enterprises will be prolific software producers with code deployed daily, over 90% of new apps cloud native, 80% of code externally sourced and 1.6

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