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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.

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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based

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Can Your Current Manufacturing Strategies Ensure Future-Proof Operations?

DELMIA Quintiq

Manufacturers across industries are facing overwhelming volatility due to the coronavirus pandemic, the effects of which are still impacting the global market and supply chains, regulations, customer expectations and more. So, how can manufacturers begin to future-proof their operations? Manufacturing a resilient future.

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Supply Chain & Logistics News Round Up (October 7th-11th 2024)

Logistics Viewpoints

The exhibit featured dozens of items, articles of clothing, and mementos dating back to the era of the Silk Road. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. Click here!

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Turn Off the Fog Machine: Move Past Groupthink to Drive A Positive, Data-Driven Narrative

Supply Chain Shaman

CLM changed its name twenty years ago to the Council of Supply Chain Management Professionals (CSCMP) to be more inclusive of the source, plan, and make aspects of supply chain management. Would there be less fog if we could move planning data seamlessly across make, source, and deliver bi-directionally through orchestration engines?

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Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust

Logistics Viewpoints

Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.