Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Supply Chain Matters

APRIL 11, 2023

Supply Chain Matters highlights reports indicating that Europe based Airbus will double China based aircraft final assembly output by 2024. The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China.

China 52

China Sourcing Strategies Manufacturing Procurement Price Reduction 52

Supply Chain Matters

AUGUST 10, 2023

In this Ferrari Consulting and Research Group Thought Leadership Perspective viewpoint, we highlight added signs of China and global-wide production contraction and the implications of such trending. China ’s imports reportedly declined 12.4 The country’s exports in July declined 14.5 The country’s exports in July declined 14.5

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Supply Chain Matters

DECEMBER 29, 2023

Multiple published reports, including China based media, indicate that global wide electric vehicle producer Tesla has acquired land to be able to construct and produce this provider’s Megapack battery packs. Additional Perspective The trade relationships and supply network specific protectionist policies among China and U.S.

China 52

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 52

Supply Chain Matters

APRIL 10, 2024

Background Throughout 2022 and 2023, we have highlighted for readers the various indications of Apple’s unfolding China Plus sourcing moves. That culminated in our research arm’s published December 2023 Supply Chain Matters update, Apple’s Unfolding China Plus Sourcing Strategy for iPhone Production.

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

Exiger Perspectives

JULY 14, 2023

The New Trade Controls Will Likely Prompt Companies to Identify Alternative Sourcing Methods China’s move to restrict exports of two metals used in chipmaking and other goods poses a new threat to global supply chains, and makers of consumer electronics, solar cells, and semiconductors could see disruptions soon. In the U.S.,

China 40

China Supply Chain Planning Software Supply Chain Planning Supply Chain Software 40

Supply Chain Matters

APRIL 10, 2023

Supply Chain Matters highlights yesterday’s announcement that Tesla will construct and operate a Megapack storage battery production facility in China. The Announcement Tesla indicated plans to construct and operate a large scale battery production facility in Shanghai , China. All rights reserved.

China 64

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 64

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Read More : Under Pressure, Will Procurement Take Performance Higher in 2023?

France 130

France Sourcing Strategies Optimal Sourcing Price Reduction 130

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

Supply Chain Shaman

APRIL 18, 2023

Growing tensions between China and trading partners. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. (Yes, Unrest in Sudan.

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 362

Proxima

FEBRUARY 28, 2023

How can businesses continue to build resilience this year, and get ahead of volatility through their procurement teams? As the appetite for globalization declines in the context of rising trade tensions (most notably between the US and China), procurement teams need to prep businesses with a more localized supply chain.

Optimal Sourcing 52

Optimal Sourcing Procurement Material Savings Ukraine 52

Supply Chain Matters

AUGUST 24, 2022

Supply Chain Matters provides our readers added perspectives on this week’s reports indicating that Apple has initiated plans for production of the upcoming new model iPhone14 to be sourced from both China and India. That would allow such sites the ability to foster independent processes from that of China.

India 52

India Supply Chain Planning Software China Supply Chain Planning 52

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logistics Viewpoints

JANUARY 4, 2023

Large companies in China are adopting warehouse automation at an increasing rate due to the limited supply of companies that are able to provide advanced fulfillment capabilities. For example, there is a limited supply of logistics service providers with the desired capabilities in China, compared with a rapidly growing e-commerce market.

Supply Chain Software 257

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 257

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. Unfortunately, what we’re seeing in China may be only the beginning of a new era of supply chain disruption driven by climate change.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

Supply Chain Matters

NOVEMBER 9, 2022

The Supply Chain Matters blog updates readers on the latest reported information involving the Foxconn Zhengzhou China “ iPhone City ” facility that has for several days been subject to reports of Covid-19 virus outbreaks and resulting facility operational restrictions. All rights reserved.

China 52

China Report Manufacturing Procurement Modeling 52

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Matters

FEBRUARY 19, 2024

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. This includes not only supply networks that include areas of China , but other regions as well.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! found itself so reliant on a foreign country, mainly China, but certainly others. found itself so reliant on a foreign country, mainly China, but certainly others. trade negotiators will have to convince China to be receptive to working a deal.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. If there is only one supplier in the world providing a critical component, “do I need to dual source?

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Supply Chain Game Changer

DECEMBER 10, 2020

Importing From China! 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. This article explores all about having a product sourcer to deal with the China manufacturing process.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

Supply Chain Matters

APRIL 5, 2024

Growth expansion has returned across China and the U.S. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. along with Vietnam, Thailand and Indonesia. reported for February, and a 2.6

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Supply Chain Matters

MARCH 15, 2022

By now our Supply Chain Matters readers have already viewed headlines of yet another COVID-19 variant induced lockdown of certain manufacturing and port facilities in China. China’s zero tolerance coronavirus outbreak policies were likely cause additional disruptions this year and that has come to pass. Call to Action. Bob Ferrari.

Cost Reduction Strategies 52

Cost Reduction Strategies China Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

OCTOBER 31, 2023

Prediction Three of our research advisory indicated that more direct control of strategic and tactical direct materials sourcing would continue to be a prominent element of business strategy in 2023 and beyond. In 2022, more U.S. In 2022, more U.S. percentage points in EBIT margin compared to peers. supply chain activity.

Study 59

Study Supply Chain Software Supply Chain Strategy Sourcing Strategies 59

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Supply Chain Matters

MAY 3, 2022

They collectively provide evidence that the prior disruptions still occurring among industry supply chains, compounded by the latest manufacturing, logistics and transportation disruptions occurring in China, will have a longer economic and service level effect in the coming months. Global Manufacturing Output Levels Declined.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Brain

OCTOBER 27, 2021

Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs.

Sourcing Strategies 95

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies China 95

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. At the same time the authors qualify that while China ’s share of U.S. China Tensions.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Taking a category view often means little more than ensuring alternate sources are available. Few knew until impacted.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Resilinc

FEBRUARY 5, 2024

On the surface, SCRM focuses on mitigating risks specifically related to procurement, while ERM is a larger framework that focuses on managing risks across the entire organization. However, supply chain risk management overlaps with ERM since supply chain risks often run much deeper than procurement.

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130