Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

For Pedro Paiva, Operations Director, EMEA for major footwear manufacturer Alpargatas, which owns the Havianas brand, they “Estimate that we will lose between 30% and 50% of sales this year.”. What we’ve seen is a huge deterioration in the apparel sectors. We need to look at alternative sources of procurement, of production, alternative factories, alternative countries.

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Why a Cashmere Sweater Can Cost $2,000 — or $30

Supply Chain Brain

The price depends on the quality of the yarn, where the garment was manufactured, the number of units purchased by the brand, and the markup. These days, manufacturers frequently make the clothes out of a mix of lengths to balance quality with cost. Quality & Metrics SC Analysis & Consulting Global Supply Chain Management Apparel Retail All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured Content

The drive for a New Wave of Easy-to-use Procurement Products

Claritum

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Procurement of relatively low cost, unpredictable products and services is still highly manual, inefficient, and error prone.

Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!

Supply Chain Game Changer

Hey Procurement! This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. And Danny’s work in sourcing and procurement is at the centre of making that happen. Danny Wang is currently the VP of Sourcing and Procurement at Canada Goose with accountability for Direct/Indirect spends and replenishment planning and purchasing.

So Your Supply Chain is Banning Bangladesh….and Going to Cambodia?: “The Ugliest Race to the Bottom”

Supply Chain View from the Field

Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. In Thailand, workers at a factory producing Nike apparel were forced by military personnel allegedly hired by the manufacturer to sign a petition allowing them to be paid less than the minimum wage of $4 a day. This is nothing short of slave labor, and apparel companies are going to have to come together as a group and drive community-based changes.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

Demonstrators are protesting apparel offices (such as Gap’s offices in San Francisco) to demand better working conditions in Bangladesh factories. This is a difficult set of decisions for apparel companies. Some, like Disney and Nike, have announced that they simply won’t buy any apparel produced in Bangladesh. The garment manufacturers ordered other workers to go in.

Do markets reward sustainable supply chains? The forces of social capital may change the rules…

Supply Chain View from the Field

Exhibit “A” is the apparel manufacturer, Lululemon. The apparel maker pulled some of its yoga pants from store shelves for being too see-through, and their product officer fell on her sword taking the blame. Exhibit “B” is Apple…as I’ve noted in prior blogs , Apple has begun a campaign of audits, but has not made significant changes to its stable of manufacturing partners as a result.

If you can measure it then you can manage it

Claritum

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. Procurement is fundamentally in the intelligence business, and since information is at the core of intelligent decision making, you need to be really good at efficiently gathering and transforming data into information. Procurement needs to have real time data on the entire supply chain. Uniforms and Apparel.

Bangladesh Working Conditions: A Human Rights Issue? Or a Supplier Capacity Issue?

Supply Chain View from the Field

A recent discussion with supply chain executives in the apparel industry reveal that the problem is a tricky one to solve – and may be a function of other decisions being made by apparel manufacturers that have nothing to do with labor human rights in the supply chain. BRIC Supply Chain Global Distribution Global Supply Chain Procurement Sustainability Sales and Operations Planning Supply Chain Management Supply chain Relationships Supply Chain Strategy Sustainability

2020 Requires Big Wings and Feet

Supply Chain Shaman

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” A common issue in financially-driven companies is the heavy utilization of manufacturing assets past reasonable limits throwing the supply chain out of balance. The two primary buffers in the supply chain are manufacturing capacity and inventory. Most can only measure functional costs—transportation, manufacturing, and procurement.

Bristlecone Flash – May 2020

Bristlecone

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. SAP S/4HANA: Bristlecone S/4NOW for CPG – Enables CPG companies to tap into supply chain expertise, industry best practices, implementation accelerators and value-adds to deploy S/4HANA with speed and simplicity – industry-specific versions are also available for Life Sciences and Discrete Manufacturing.

Bristlecone Flash – February 2019

Bristlecone

AMERICAN CORPORATE APPAREL COMPANY SELECTS BRISTLECONE. In January, Bristlecone kicked off an end-to-end supply chain assessment and diagnostic project for a provider of corporate apparel and business services. It took a mere 18 weeks for Bristlecone to lead a Middle Eastern steel manufacturing client on a transformation journey that took them from manual processes to a powerful new procurement solution.

Analyzing Product Costs: A Question of ‘What If’

Supply Chain Brain

Take the relatively simple task of determining the true cost of a piece of apparel or other manufactured retail item. It’s essential that manufacturers be able to analyze cost at extremely low levels of granularity, Welch notes. All Technology Big Data/IOT Forecasting & Demand Planning Product Lifecycle Management SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain Visibility Home Page Latest News Home Page Slider Editors' Blog

Let the Qs Begin

Supply Chain Shaman

The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries? This is an unknown, but in my opinion, 65% of the solution is in the hands of the manufacturer.

Make to Order at Scale – A Disruptor Here to Stay

QAD

This build-to-order customization of products has disrupted manufacturing for a while. But it has gained further traction lately and is driving consumer packaged goods (CPG) manufacturers to get creative with their approach. How is ‘Make to Order at Scale’ Disrupting Manufacturing? Make to Order at Scale is impacting many manufacturing industries. Customization is also moving rapidly into food and beverage manufacturing. Where Do Manufacturers Go from Here?

The COVID-19 outbreak: How to Realize Value From a Crisis?

DynaSys

Sales not met during the crisis may be postponed later (for instance, Home Repair/Renovation Products, Shoes & Apparel…). It helps procurement managers assess the impact of these changes on product supply – or production managers on production capacity optimization. Identifying new suppliers and evaluating manufacturing locations that are geographically different may be a change to take into consideration.

TMS for SMB: A Case Study with Carhartt

Talking Logistics

This family-owned company — a leading brand in durable workwear and outdoor apparel — was founded in 1889 but its business continues to change rapidly. Its manufacturing capacity is at the highest level in the company’s history, and just two years ago Carhartt began opening its own retails stores across the country (with stores in 17 states as of the end of September 2016). Procurement & Contract Management.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management. There will be more in-country manufacturing and safety stock.

Assessing CSR Risks in Finance, Banking and Insurance

EcoVadis

When we talk sustainability, the discussion often centres around apparel, electronics, food and consumer packaged goods. The reasoning: These industries manufacture products and have a physical supply chain with clear links to potential worker safety, labour rights and other ethical issues. . Given the amount the industry outsources — Information Technology (IT), billing, and data processing, to name a few – procurement professionals need to pay attention.

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function. For example, nowadays sustainability is top of mind, which means that manufacturers and suppliers must not only ensure quality from an aesthetic perspective, but also be able to demonstrate that human, animal and environmental rights are respected. Procurement teams know that their brands are now in the spotlight.

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Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. However, our research suggests that most organizations do very little to truly monitor human rights violations in their low-cost country supply chain manufacturing locations.

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies.

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies.

Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

He explains, “Many of the materials that are utilized during manufacturing exist solely within the confines of the supply chain and never exit it in the form of the product or packaging. As the name implies, a circular economy is one in which the loop between manufacturers and consumers is closed. Frankly, I’m not optimistic the world will be dramatically different a decade from now; but, manufacturers can make the Gartner vision closer to a reality by starting now.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. She predicted that shoppers would see more restricted ranges on supermarket shelves “to allow more throughput from suppliers and manufacturers of food”. Bulgaria was excluded from the restriction and started building the “ world’s largest parking lot for trucks ” to manage freight transfers to and from Turkey, also a major supplier to the EU not just of agricultural but also manufactured goods.

What I Have Learned Teaching Courses on Market-Driven Value Networks

Supply Chain Shaman

This includes consistency in manufacturing operations, order-to-cash processes, and customer service. I do not think that this will happen through the repurposing of indirect procurement networks (e.g., One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. I love helping people to see supply chain concepts differently.

Course 191

Top 25 Supply Chains of 2018

Material Handling and Logistics

Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors. Content Summary: Once again, German automaker BMW is the only automotive manufacturer on the Top 25 list this year, which Gartner attributes in part to its reputation as the most sustainable automotive company, at least according to the Dow Jones Sustainability Index.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

A supply chain is really any network of organizations that work in collaboration to aid the procurement, production and movement of goods from producers to suppliers. Waste from plastics is a big issue for the circular economy, as is waste in fashion and apparel. Advanced manufacturing that enables us to create the things we need most frequently much closer to home, possibly 3D printing.

Trade Acronyms as a Second Language

CH Robinson Transportfolio

AD occurs when a foreign manufacturer sells goods in the U.S. tax breaks to manufacturers that export goods to the U.S.), enabling the manufacturers to sell the goods cheaper than domestic manufacturers. Department of Agriculture; Office of Textiles and Apparel (OTEXA), part of the U.S. Today, more than 11,400 certified partners—importers, carriers, consolidators, licensed customs brokers, and manufacturers—have been accepted into the program.

Managing supply chains in a fragile environment

Supply Chain View from the Field

A major provider of apparel is seeking to bypass 3PL in the hopes of taking out costs, but are in fact being bypassed themselves by the retailer. A large global manufacturing company has frozen their travel budgets due to concerns over revenue. Gerard talks about managing the tail – the stuff you have to do that is the normal procurement stuff that has to get done.

Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Augmented Reality will allow “ virtual showrooming ” of apparel goods at home, allowing consumers to “try on” clothes using their iPads or other digital devices. This might drive up conversion rates for online shopping, and drive down the amount of customers requesting returns (which currently sits at a very high 30% for online apparel shopping). Subscribe Here! Email Address.

Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

Meanwhile, salespeople for suppliers were trying to work around procurement. Flex is the biggest company you’ve never heard of— with over 120 factories worldwide, they are contract manufacturers to companies like Nike, GE, Intel, and Apple. For example, if we’re manufacturing something in China there are labour costs, the costs to ship, plus tariffs. For example, forced labour is at a peak, especially in the apparel sector.

Online Grocery Retailing that too in.India - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We are familiar with the concept of buying online books, electronic goods, gift articles, apparels. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense. Airlines. Automotive.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. manufacturing facility in 2014.