Expert insights. Personalized for you.
Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process. MORE
The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. 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. MORE
In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. There are many different stops within that supply chain along the way, such as procurement and procurement management. What is our sourcing strategy? MORE
Subscribe to Supply Chain Game Changer. Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Sourcing agents are an effective way of finding the most suitable supplier. Who is a Product Sourcing Agent? MORE
In previous posts, I wrote on the emergence of circular model supply chains , and the likely impacts they may have. Why are circular model supply chains any different to the myriad of other supply chain sustainability banners that have come and gone over the past decade? Why do manufacturers need to transform their operations to a circular model? Companies embark on sustainability initiatives such as circular supply chains for many reasons. MORE
Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. The number-one defense against this radical uncertainty is a resilient supply chain that’s ready for anything. I would have to say that the main complexity in our chain is the length of it. MORE
by Teresa Chiykowski Welcome to the first blog post in our three-part series discussing three ways to improve supply chain collaboration. Maybe I’m stating the obvious but… a lot has changed in the world of manufacturing since Keith Oliver of Booz, Allen and Hamilton Inc. coined the term “supply chain management” in early 1982. It’s no surprise that today’s supply chains are more complex than those of three decades ago. MORE
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here! MORE
Rajesh Mani, Director of Presales, Supply Chain Apps, Bristlecone. Ever since the onset of the COVID-19 disruption, I have come across many organizations and ‘initiatives of the month’ focusing on improving supply chain visibility. MORE
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management. MORE
My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. MORE
What is a Resilient supply chain? A resilient supply chain is a smarter supply chain that has learned to adapt itself to continuous disruptions. These supply chains are those that can scale to meet new demands as and when the customer needs change. MORE
It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 3: Identify Optimal Sourcing Locations . MORE
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate. MORE
Following the outbreak of the pandemic, many companies were forced to confront the fact that their supply chains were not as resilient as they had hoped they were. National lockdowns and social distancing measures exposed serious weak points in the supply chain, causing huge delays and disruptions, which affected people’s daily lives.”[1] Below are some of the supply chain trends subject matter expert believe will have significant impacts in the coming years. MORE
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. MORE
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. MORE
Subscribe to Supply Chain Game Changer. Complexity in the Retail Supply Chain! Supply chain management involves the conduct of the movement of goods and services. In this article, we have accentuated the ways POS data can improve supply chain management. MORE
As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market. MORE
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. MORE
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization. MORE
What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Typical Supply Chain Challenges. MORE
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. MORE
Yesterday we had said we concluded our most popular blog posts by category for the blog posts written from our major categories for 2014. However, with most of our customer base in the manufacturing field, with the remaining in distribution and other industries, we thought it was vital that we featured some of the other manufacturing blog posts that were also popular in 2014. Well, manufacturing companies who ship freight in North America. MORE
Writing a Shaman blog post is now a Sunday night ritual. In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. MORE
When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. So, in this blog, I would like to reflect on what I have learned in this process. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. For me, it was manufacturing. For the majority of companies, the supply chain organization is now fifteen years old. MORE
According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Supply chains are complex and there are a lot of moving parts. Where do they source their products? MORE
The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. . MORE
by Bill DuBois This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. It’s our perpetual hobby horse here at Argentus that Supply Chain needs to be doing more as a field to attract young people. But is there something about Supply Chain’s image that’s holding it back from being seen as the crucial, strategic function with tremendous career potential it is today? MORE
It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream. MORE
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk. Visibility all the way up the supply chain. MORE
Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! With the onset of the COVID19 pandemic, and the resulting supply chain fallout , many have speculated on how the U.S. The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. sourcing #rareearthelements. MORE
Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions. MORE
With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. So what’s the secret of making supply chain uncertainty work for you? Probability forecasting is ideal for supply chains that include a high number of long-tail items and face demand variability and uncertainty due to the huge number of factors they are unable to model adequately. MORE
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers. MORE
What is a Resilient supply chain? A resilient supply chain is a smarter supply chain that has learned to adapt itself to continuous disruptions. These supply chains are those that can scale to meet new demands as and when the customer needs change. MORE
Blog Manufacturing Sourcing Supply Chain ToolsGroup
DECEMBER 17, 2020
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.
ToolsGroup
JANUARY 13, 2021
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.
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AIMMS
MARCH 30, 2020
It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 3: Identify Optimal Sourcing Locations .
Pivot88
NOVEMBER 2, 2020
According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Supply chains are complex and there are a lot of moving parts. Where do they source their products?
Talking Logistics
MARCH 27, 2013
The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. 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.
ivalua
JUNE 4, 2020
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis.
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AIMMS
JUNE 16, 2020
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.
DynaSys
OCTOBER 21, 2020
Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions.
Supply Chain Shaman
MAY 13, 2015
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization.
Supply Chain Shaman
JULY 19, 2015
Writing a Shaman blog post is now a Sunday night ritual. In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking.
EC Sourcing Group
JUNE 17, 2020
Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process.
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Supply Chain Game Changer
OCTOBER 8, 2020
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here!
Supply Chain Game Changer
JANUARY 8, 2021
Subscribe to Supply Chain Game Changer. Complexity in the Retail Supply Chain! Supply chain management involves the conduct of the movement of goods and services. In this article, we have accentuated the ways POS data can improve supply chain management.
Supply Chain Shaman
MARCH 9, 2020
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain.
ivalua
DECEMBER 16, 2015
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk. Visibility all the way up the supply chain.
ThroughPut
AUGUST 4, 2020
What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Typical Supply Chain Challenges.
Cerasis
JANUARY 7, 2015
Yesterday we had said we concluded our most popular blog posts by category for the blog posts written from our major categories for 2014. However, with most of our customer base in the manufacturing field, with the remaining in distribution and other industries, we thought it was vital that we featured some of the other manufacturing blog posts that were also popular in 2014. Well, manufacturing companies who ship freight in North America.
ToolsGroup
APRIL 13, 2020
Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. The number-one defense against this radical uncertainty is a resilient supply chain that’s ready for anything. I would have to say that the main complexity in our chain is the length of it.
Bristlecone
JANUARY 19, 2021
Rajesh Mani, Director of Presales, Supply Chain Apps, Bristlecone. Ever since the onset of the COVID-19 disruption, I have come across many organizations and ‘initiatives of the month’ focusing on improving supply chain visibility.
EC Sourcing Group
JANUARY 11, 2021
In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. There are many different stops within that supply chain along the way, such as procurement and procurement management. What is our sourcing strategy?
Supply Chain Shaman
DECEMBER 30, 2014
When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. So, in this blog, I would like to reflect on what I have learned in this process. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. For me, it was manufacturing. For the majority of companies, the supply chain organization is now fifteen years old.
Kinaxis
OCTOBER 31, 2016
by Teresa Chiykowski Welcome to the first blog post in our three-part series discussing three ways to improve supply chain collaboration. Maybe I’m stating the obvious but… a lot has changed in the world of manufacturing since Keith Oliver of Booz, Allen and Hamilton Inc. coined the term “supply chain management” in early 1982. It’s no surprise that today’s supply chains are more complex than those of three decades ago.
Supply Chain Shaman
FEBRUARY 16, 2016
As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market.
Enterra Insights
DECEMBER 23, 2020
Following the outbreak of the pandemic, many companies were forced to confront the fact that their supply chains were not as resilient as they had hoped they were. National lockdowns and social distancing measures exposed serious weak points in the supply chain, causing huge delays and disruptions, which affected people’s daily lives.”[1] Below are some of the supply chain trends subject matter expert believe will have significant impacts in the coming years.
ToolsGroup
DECEMBER 10, 2019
It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream.
ToolsGroup
APRIL 12, 2019
With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. So what’s the secret of making supply chain uncertainty work for you? Probability forecasting is ideal for supply chains that include a high number of long-tail items and face demand variability and uncertainty due to the huge number of factors they are unable to model adequately.
Kinaxis
AUGUST 31, 2017
by Bill DuBois This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. It’s our perpetual hobby horse here at Argentus that Supply Chain needs to be doing more as a field to attract young people. But is there something about Supply Chain’s image that’s holding it back from being seen as the crucial, strategic function with tremendous career potential it is today?
DynaSys
APRIL 16, 2020
In previous posts, I wrote on the emergence of circular model supply chains , and the likely impacts they may have. Why are circular model supply chains any different to the myriad of other supply chain sustainability banners that have come and gone over the past decade? Why do manufacturers need to transform their operations to a circular model? Companies embark on sustainability initiatives such as circular supply chains for many reasons.
BluJay Solutions
JUNE 17, 2013
The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. .
Cerasis
MAY 21, 2015
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.
Supply Chain Game Changer
JUNE 17, 2020
Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! With the onset of the COVID19 pandemic, and the resulting supply chain fallout , many have speculated on how the U.S. The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. sourcing #rareearthelements.
Supply Chain Shaman
APRIL 15, 2020
My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working.
Logility
DECEMBER 29, 2020
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start.
ThroughPut
AUGUST 12, 2020
What is a Resilient supply chain? A resilient supply chain is a smarter supply chain that has learned to adapt itself to continuous disruptions. These supply chains are those that can scale to meet new demands as and when the customer needs change.
ThroughPut
AUGUST 12, 2020
What is a Resilient supply chain? A resilient supply chain is a smarter supply chain that has learned to adapt itself to continuous disruptions. These supply chains are those that can scale to meet new demands as and when the customer needs change.
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