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The case is also included in an article I have written about the interface between SCM and CSR. In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds. MORE
A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. One is the thought process around best-cost sourcing versus least-cost sourcing. MORE
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices. MORE
The Fortune article is mainly a turnaround story. Food & Beverage Industry Procurement/Sourcing Sustainability McDonald's sourcingMcDonald’s announced a 10-year plan to produce cage free eggs. But this turnaround depends upon a supply chain transformation. MORE
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. Read the full article here. . MORE
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. MORE
COVID-19 and the Future of China Sourcing and Manufacture. In this article, we take a quick look at one possible approach which could help to mitigate against any future widespread supply chain shocks. Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations. Covid 19 Global Sourcing MORE
6 ways supply chain health checks ensure streamlined operations, mitigate risk, minimize disruption, meet customer needs and protect the bottom line. MORE
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. MORE
Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. It’s become the keyword that you see in article titles and hit like or share when scrolling by?—?so 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? in this case, responsible sourcing. Source Smarter. MORE
However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. So what is the right way for companies to source promotional goods effectively in order to maximise the considerable benefits promotional products offer? Source: PPAI Sales Volume Study Summary. MORE
We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. In the longer term he says they are focused on “Diversification of sourcing, reducing the dependence of single-source suppliers, and developing relationships with the key partners or IT [vendors] … and invest like no other into demand planning and control towers to give us the most fine-tuned information,” and ability to start making “crystal-ball like” predictions. MORE
SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. MORE
Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. And, there are financial tax breaks available to both the sourcing company and the supplier. See additional article on managing diversity in the supply chain: [link]. Articles MORE
Below is a list of our five most popular articles from the past year: Number 5 – How Skullcandy Rocked S&OP. Number 4 – Startups, Sourcing, and Sustainability with Mark Dwight of Rickshaw Bagworks – Interview Part 1 of 2. The article received a lot of positive social media attention, especially from people passionate about US-based manufacturing and small business entrepreneurs. Here’s a sneak peak to a few articles and podcasts coming in the next couple months. MORE
In less than a week in Phoenix, this year’s RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions. One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place. MORE
The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Why SMEs May Lead a Shift Away from China Sourcing. In other words, manufacturing and sourcing is returning to the US. MORE
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. The following 10 supply chain articles are listed in order from the 10th most read blog post to the top most read post. Read the full article here. . MORE
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. To improve your capability to manage demand shifts and customer expectations it is mandatory to have dual sourcing. Article July 2020 MORE
Over the last decades, however, supply chains have been undergoing a process of increasing globalization, which has created the need for differentiated sustainability approaches for firms sourcing globally rather than regionally. On the one hand, traditional supply management based on supply base reduction and coordination will compensate global sourcing’s drawbacks, such as longer distances and socio-economic, cultural differences. MORE
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. MORE
In this “Featuring” series article we are putting the spotlight on Procurement and Purchasing. We are presenting our Top 12 Procurement articles with information, techniques and approaches which will have something for everyone to learn from and apply in their own situation. It is most important to start this article with a conversation about definitions. We also cover this line of discussion in our article Procurement Outsourcing – Keep Your Integrity! MORE
Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. The book relies on a series of prescriptive two by two matrices, that are further segmented into eight by eight matrices, that establish different typologies for supplier segmentation, The application of these frameworks to the universe of buyer-seller relationships I proposed (ostensibly) to lead to improved sourcing outcomes…for the buyer! MORE
If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Good” strategic sourcing…. Once again, up-front exploration expands the value proposition of sourcing. MORE
Against the many new articles and books being produced on the changing face of procurement and the importance of value creation and collaboration, Andrew Cox’s new book “Sourcing Portfolio Analysis” came out earlier this year. The book is essentially a series of prescriptive 2 X 2 and 8 X 8 matrices that establish different typologies for supplier segmentation, that ostensibly can lead to improved sourcing outcomes. MORE
I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. With 15,000 article abstracts published in these journals annually, receiving a Citation of Excellence is an extraordinary achievement and represents one of the highest accolades that an author can achieve. MORE
Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Articles MORE
We created a series of articles in 2020 focused on all aspects of Supply Chain and the Pandemic. In our latest “Featuring” series we present our 15 most important pandemic inspired articles. Strategic National Stockpiles and Sourcing for the National Interest! MORE
Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. And, there are financial tax breaks available to both the sourcing company and the supplier. See additional article on managing diversity in the supply chain: [link]. Articles MORE
Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. And I think that’s what Keith Biondi implied in his article. Customer Service: The Real Source of SCM Innovation. If you’re interested in reading Keith Biodni’s article, Visions of Customer Service, here’s the link: [link]. MORE
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain MORE
Acquire the source materials: add a block. And so on, from source to end-customer receipt. Figure 1 illustrates an example of blockchain (click the download button at the end of the article to view the illustration). Always Available: A Shared, Distributed “Source of Truth”. In fact, the distributed nature of blockchain adds additional value as it removes the entire concept of a central clearing house or source vendor. MORE
Strategic National Stockpiles and Sourcing for the National Interest! Rare Earth Elements article, and permission to publish here, provided by Joe Carson and Shubho Chatterjee. 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™. MORE
Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiencyThere’s no need to do the maths; we’ve got the answer for you! The post Technology + Human Touch = Digital Supply Chain Excellence appeared first on Gravity Supply Chain. MORE
If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge. MORE
By Venu Gadde | Senior Consultant, Transportation | Chainalytics A typical transportation sourcing process involves the following: a bid tool or platform which collects rates from suppliers, data exportation into Excel for supplier analysis and feedback, and finally, the Negotiation and Awarding stages. Blog Transportation Uncategorized Broker carriers Freight cost Transportation Cost Benchmarking Transportation Dashboard transportation network Transportation Sourcing Analytics MORE
Supply Chain Game Changer
OCTOBER 20, 2020
We created a series of articles in 2020 focused on all aspects of Supply Chain and the Pandemic. In our latest “Featuring” series we present our 15 most important pandemic inspired articles. Strategic National Stockpiles and Sourcing for the National Interest!
ivalua
NOVEMBER 27, 2019
If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Good” strategic sourcing…. Once again, up-front exploration expands the value proposition of sourcing.
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Cerasis
DECEMBER 29, 2015
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles. We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. Read the full article here. .
Talking Logistics
MARCH 27, 2013
A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. One is the thought process around best-cost sourcing versus least-cost sourcing.
Gravity Supply Chain
FEBRUARY 27, 2020
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.
Claritum
AUGUST 23, 2019
Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. And, there are financial tax breaks available to both the sourcing company and the supplier. See additional article on managing diversity in the supply chain: [link]. Articles
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Claritum
AUGUST 23, 2019
Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. And, there are financial tax breaks available to both the sourcing company and the supplier. See additional article on managing diversity in the supply chain: [link]. Articles
SCM Research
SEPTEMBER 13, 2014
The case is also included in an article I have written about the interface between SCM and CSR. In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds.
SCM Research
MARCH 23, 2015
Over the last decades, however, supply chains have been undergoing a process of increasing globalization, which has created the need for differentiated sustainability approaches for firms sourcing globally rather than regionally. On the one hand, traditional supply management based on supply base reduction and coordination will compensate global sourcing’s drawbacks, such as longer distances and socio-economic, cultural differences.
Supply Chain Game Changer
JUNE 17, 2020
Strategic National Stockpiles and Sourcing for the National Interest! Rare Earth Elements article, and permission to publish here, provided by Joe Carson and Shubho Chatterjee. 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™.
Gravity Supply Chain
FEBRUARY 21, 2020
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.
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ivalua
MARCH 11, 2015
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain
Supply Chain Game Changer
JULY 3, 2019
Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. It’s become the keyword that you see in article titles and hit like or share when scrolling by?—?so 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? in this case, responsible sourcing. Source Smarter.
Supply Chain View from the Field
JULY 17, 2015
Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. The book relies on a series of prescriptive two by two matrices, that are further segmented into eight by eight matrices, that establish different typologies for supplier segmentation, The application of these frameworks to the universe of buyer-seller relationships I proposed (ostensibly) to lead to improved sourcing outcomes…for the buyer!
The Logistics of Logistics
FEBRUARY 16, 2014
Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. And I think that’s what Keith Biondi implied in his article. Customer Service: The Real Source of SCM Innovation. If you’re interested in reading Keith Biodni’s article, Visions of Customer Service, here’s the link: [link].
ivalua
NOVEMBER 25, 2015
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices.
Supply Chain View from the Field
JULY 19, 2013
I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. With 15,000 article abstracts published in these journals annually, receiving a Citation of Excellence is an extraordinary achievement and represents one of the highest accolades that an author can achieve.
EFT
MAY 1, 2020
We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. In the longer term he says they are focused on “Diversification of sourcing, reducing the dependence of single-source suppliers, and developing relationships with the key partners or IT [vendors] … and invest like no other into demand planning and control towers to give us the most fine-tuned information,” and ability to start making “crystal-ball like” predictions.
Supply Chain View from the Field
JULY 14, 2015
Against the many new articles and books being produced on the changing face of procurement and the importance of value creation and collaboration, Andrew Cox’s new book “Sourcing Portfolio Analysis” came out earlier this year. The book is essentially a series of prescriptive 2 X 2 and 8 X 8 matrices that establish different typologies for supplier segmentation, that ostensibly can lead to improved sourcing outcomes.
Claritum
MAY 11, 2018
Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Articles
Logistics Bureau
APRIL 20, 2020
COVID-19 and the Future of China Sourcing and Manufacture. In this article, we take a quick look at one possible approach which could help to mitigate against any future widespread supply chain shocks. Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations. Covid 19 Global Sourcing
Claritum
APRIL 25, 2018
However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. So what is the right way for companies to source promotional goods effectively in order to maximise the considerable benefits promotional products offer? Source: PPAI Sales Volume Study Summary.
Logistics Bureau
AUGUST 2, 2020
The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Why SMEs May Lead a Shift Away from China Sourcing. In other words, manufacturing and sourcing is returning to the US.
Supply Chain Game Changer
OCTOBER 15, 2019
In this “Featuring” series article we are putting the spotlight on Procurement and Purchasing. We are presenting our Top 12 Procurement articles with information, techniques and approaches which will have something for everyone to learn from and apply in their own situation. It is most important to start this article with a conversation about definitions. We also cover this line of discussion in our article Procurement Outsourcing – Keep Your Integrity!
Supply Chain Cowboy
DECEMBER 22, 2014
Below is a list of our five most popular articles from the past year: Number 5 – How Skullcandy Rocked S&OP. Number 4 – Startups, Sourcing, and Sustainability with Mark Dwight of Rickshaw Bagworks – Interview Part 1 of 2. The article received a lot of positive social media attention, especially from people passionate about US-based manufacturing and small business entrepreneurs. Here’s a sneak peak to a few articles and podcasts coming in the next couple months.
Supply Chain Network
FEBRUARY 21, 2018
In less than a week in Phoenix, this year’s RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions. One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place.
Material Handling & Logistics
OCTOBER 18, 2017
Acquire the source materials: add a block. And so on, from source to end-customer receipt. Figure 1 illustrates an example of blockchain (click the download button at the end of the article to view the illustration). Always Available: A Shared, Distributed “Source of Truth”. In fact, the distributed nature of blockchain adds additional value as it removes the entire concept of a central clearing house or source vendor.
Logistics Bureau
SEPTEMBER 28, 2020
SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.
The Logistics & Supply Chain Management Society
JULY 21, 2020
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.
The Logistics & Supply Chain Management Society
JULY 22, 2020
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. To improve your capability to manage demand shifts and customer expectations it is mandatory to have dual sourcing. Article July 2020
Arkieva
MAY 20, 2020
If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge.
Logistics Viewpoints
SEPTEMBER 6, 2016
The Fortune article is mainly a turnaround story. Food & Beverage Industry Procurement/Sourcing Sustainability McDonald's sourcingMcDonald’s announced a 10-year plan to produce cage free eggs. But this turnaround depends upon a supply chain transformation.
Gravity Supply Chain
FEBRUARY 14, 2020
Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiencyThere’s no need to do the maths; we’ve got the answer for you! The post Technology + Human Touch = Digital Supply Chain Excellence appeared first on Gravity Supply Chain.
CHAINalytics
AUGUST 18, 2017
By Venu Gadde | Senior Consultant, Transportation | Chainalytics A typical transportation sourcing process involves the following: a bid tool or platform which collects rates from suppliers, data exportation into Excel for supplier analysis and feedback, and finally, the Negotiation and Awarding stages. Blog Transportation Uncategorized Broker carriers Freight cost Transportation Cost Benchmarking Transportation Dashboard transportation network Transportation Sourcing Analytics
Gravity Supply Chain
APRIL 14, 2020
6 ways supply chain health checks ensure streamlined operations, mitigate risk, minimize disruption, meet customer needs and protect the bottom line.
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