The Logistics & Supply Chain Management Society

AUGUST 14, 2023

IT Competency: Critical for leveraging technology like smart sensors, AI, and data analytics to enhance visibility and control costs. Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. Sales teams at Smith & Wesson were trying to win contracts for firearms supplies in foreign countries, including Indonesia and Pakistan, using third parties to try to cover their tracks. Illegal sourcing. Favoritism. This risks the reputation of your company.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

It is subject to constant change in the global ecosystem In recent years, the share of total global trade by emerging economies including the BRIICS (Brazil, Russia, India, Indonesia, China, and South Africa) countries has continued to increase rapidly. To safeguard against such risks, companies must explore multiple sourcing options.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

DELMIA Quintiq

JUNE 20, 2018

Natural gas is a suitable source of energy to fuel the need for heat and the power, making it an influential player on the market. The current top seven exporters of LNG in the world are Qatar, Australia, Malaysia, Nigeria, Indonesia, Algeria and Russia. Low carbon sources and natural gas meet 85% of the increase in global demand.

Trends 176

Trends Sourcing Strategies Optimal Sourcing Supply Chain Software 176

Enterra Insights

FEBRUARY 7, 2024

Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. Another risk area that ranks high on most experts’ lists is climate change.

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

NC State SCRC

AUGUST 7, 2017

For analytics to become truly effective in global manufacturing settings, veracity and consistency are critical requirements. Too often, companies seek to collect data for analytics, but do not consider that the data will be used as a tool for investigation into root causes, or as a predictive tool, or as a tool to communicate improvements.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Analytics Software Predictive Analytics 40

Resilinc

OCTOBER 18, 2022

Growing scrutiny of ESG impacts of mining is strengthening demand for sustainably sourced metals —but IEA worries that “higher-performing supply chains may not be sufficient to meet demand.” Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Negotiate Pricing Chile 62