ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

SCMDOJO

MAY 10, 2023

ERP is a broad term that encompasses the financial, manufacturing and distribution capabilities of a company. When integrating an ERP system, companies often find themselves grappling with the task of harmonizing their inventory, supplier, product, and customer databases.

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Logility

MARCH 17, 2022

It takes planning, dedication, and a data-driven approach to decision-making to not only reach but perpetuate your environmental, social and governance (ESG) goals. Those companies that get it right see 10% to 20% faster growth and valuations than competitors in their sector. And it all begins with sourcing. Key Takeaways.

Supply Chain Planning Software 155

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 155

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Enterra Insights

APRIL 27, 2021

At the time, Bain & Company analysts observed, “Leaders must grapple with a longer-term question: How should we retool our supply chain to protect against shocks while staying competitive on cost and value? When national security is at stake, governments have a role in making supplies more secure.”

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Logistics Viewpoints

DECEMBER 13, 2021

The law firm Crowell & Moring recently released a survey-based report that looked at how companies are navigating pressures to improve their environmental performance. The company surveyed 225 executives whose jobs included environmental, social, and governance issues. Pension Funds are Focusing on Carbon Emissions.

Cost Reduction Strategies 188

Cost Reduction Strategies Optimal Sourcing Company Supply Chain Planning Software 188

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. China ’s national and local government officials had actively nurtured a relationship with Apple recognizing its worker employment potential.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 52

Government Optimal Sourcing Sourcing North America 52

ToolsGroup

MAY 18, 2022

Seven ways companies, consumers, and the government are responding. Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Supply chain shortages, global events, and inflation all make it harder than ever for companies to accurately predict customer demand.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Enterra Insights

JUNE 15, 2022

Today, corporate social responsibility falls under a broader category called Environmental, Social, and Governance (ESG) practices. ” Wells reports another “survey found that 88% of global consumers would choose to buy from companies with ethical sourcing structures in place over ones that did not.”

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Resource Reduction Price Reduction 130

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. A company can go bankrupt, and a machine could be programmed to understand that.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Logistics Viewpoints

APRIL 8, 2024

Brandon Daniels, CEO of Exiger The pandemic got almost every company talking about resilience. And a company called Exiger seemingly came out of nowhere to capitalize on this. By the time they started selling the solution to commercial companies, they were poised for rapid growth. Supply chain risk solutions are hot.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

NC State SCRC

JUNE 11, 2023

A recent paper published in the PAR Journal, written by myself, Andrea Patrucco, Zhaohui Wu, Christoper Yukins, and Tanner Slaughter, reveals some insights into the reasons for failure of the federal government response to COVID-19 pandemic. Typically, the state and local governments are responsible for disaster management.

Government 52

Government Resource Reduction Material Savings Manufacturing Procurement 52

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. It’s important to ensure that your vendors meet your company’s standards regarding all contracts and purchase orders. The two must work together to keep the source-to-contract process flow working effectively. . What Is the Importance of Strategic Sourcing ? Award the contract.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

Resilinc

SEPTEMBER 27, 2022

Guinto joined Resilinc this past April as Vice President of Government Affairs—a career move he made after determining that Resilinc’s supply chain mapping, risk intelligence, and communications platforms offer the best and most cost-effective solutions to the supply chain problems weakening America’s security. How can the U.S.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Resilinc

MAY 31, 2022

Electrical machinery and electronics is Malaysia’s largest export category, and the nation of 33 million people is an important source of assembly, test, and packaging (ATP) for the semiconductor industry. And that was just the latest enforcement action by CBP against Malaysia exporters. The UK, EU and U.S.

Malaysia 62

Malaysia Purchasing Skills Sourcing Price Reduction 62

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 40

Government Optimal Sourcing Sourcing North America 40

Resilinc

APRIL 11, 2023

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. As risk events grow (Resilinc’s in-house analysts project close to 20,000 supply chain disruptions for 2023), companies are taking action. monitoring indirect suppliers).

Real-time Visibility 62

Real-time Visibility Manufacturing Procurement Sourcing Strategies Sourcing 62

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

Supply Chain Shaman

DECEMBER 7, 2023

Improve cross-government data sharing and analyze resilience. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I cannot get a clear answer.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. Through its global education program, the Company has reached 471,000 young people across 10 countries globally and approximately 4,400 educational institutions.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Governments and dedicated organizations across the globe are acting to mandate, encourage, and support diversity. Building Business Cases and Momentum.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

Supply Chain Shaman

OCTOBER 16, 2023

For most companies, building a great S&OP process is a missed opportunity. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Governance. Most companies buy decision support technology, but do not redefine work to improve decisions. I write this post as a guide.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. Companies need to re-evaluate their supply chain strategies, if they are still most optimal.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

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 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. Companies will be increasingly held liable for the actions of their Tier 1 suppliers and beyond.

Supply Chain Design Software 236

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 236

Supply Chain Game Changer

APRIL 14, 2020

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Sourcing mapping for existing and potential suppliers. What are the Strategic National Stockpiles?

Manufacturing Procurement 105

Manufacturing Procurement Purchasing Skills Optimal Sourcing Sourcing 105

ivalua

JUNE 11, 2023

Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. Large and public-interest entities, as well as some medium-sized companies, will now fall within the regulatory framework.

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246

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

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. It’s more likely then, that smaller, more ‘nimble’ businesses will lead any accelerated trend away from China sourcing.

Manufacturing Procurement 92

Manufacturing Procurement China Sourcing Strategies Sourcing 92

Resilinc

MAY 23, 2023

If you drive a car from Volkswagen-Audi, Honda, Ford, General Motors, Mercedes-Benz, Toyota, Tesla, Renault, NIO, or Stellantis—the parts in your car have a high risk of being sourced from companies linked to abuses in the Xinjiang Uygur Autonomous Region (XUAR) of China; the region targeted by the Uyghur Forced Labor Prevention Act, (UFLPA).

Automotive 62

Automotive Supply Chain Planning Manufacturing Procurement Company 62

NC State SCRC

JANUARY 20, 2022

Executives are beginning thus to consider development of policies for either development of a domestic capability, or a means for managing the supply of these items from global sources. The post Recommendations to the US government for domestic alignment of supply chains in 2022 appeared first on Supply Chain Resource Cooperative.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

Supply Chain Matters

DECEMBER 5, 2022

The Supply Chain Matters blog updates readers on added developments which now indicate that consumer electronics icon Apple is accelerating actions to source the company’s hardware component and assembly production to other countries. Background. What apparently was missing is what specific challenges that entailed.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Sourcing 52

Resilinc

DECEMBER 20, 2021

Apple, Microsoft, Tesla, and other companies whose products contain cobalt have been sued by International Rights Advocates for “aiding and abetting the cruel and brutal use of young children [in DRC] to mine cobalt.” The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.

Sourcing Strategies 62

Sourcing Strategies Sourcing Material Savings Automotive 62