Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing decisions can complicate or simplify this process.

Transportation Sourcing in an Omni-channel World

Talking Logistics

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? According to Joe, enVista’s Director of Transportation, “The key to omni-channel sourcing is that it requires you to understand your goals and objectives.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin is currently the Senior Vice President for Supply Chain Effectiveness at Breakthrough Fuel , but prior to that he was the Senior Director of North America Logistics Operations at Whirlpool, another company that decided to invest in US manufacturing a couple of years ago (see “ Whirlpool, On-Shore Production, and Employee Talent ”).

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing.

Removing the 3 Barriers to Building a Predictive Supply Chain

phrases like data is the new oil as companies seek to capture more data and put it to use. Sourcing it from third-party sources is interesting and. IoT-sourced data offers exciting opportunities but in the shipping industry, there’s value within. multiple sources.

Strategic Sourcing: The Key to Competitive Advantage

Supply Chain Opz

Strategic Sourcing has been used by companies of all sizes for years. Introduction Long gone are the times when a company could rely on its own strengths and ensure its competitive advantage. This commentary highlights some of the key principles to strategic sourcing.

Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. ” Source: “Target CIO Adds Custom Apps…” CIO.com. Source: “Target CIO Adds Custom Apps…” CIO.com.

Make Better Logistics Sourcing Decisions with Data-Driven Optimization

Talking Logistics

Over the past few years, as supply chains have grown in scale and complexity, so has the logistics sourcing process. Mature sourcing organizations, which have been doing traditional sourcing and category management, are starting to plateau in terms of savings and impact to their organizations, yet each year are faced with increasing savings mandates and pressure to improve performance. How are companies achieving better outcomes by using data-driven optimization?

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.

A Different Investment Environment Concerning China- Differentiating Market and Supply Chain Sourcing Strategies

Supply Chain Matters

Chinese regulators continue to intensify scrutiny of foreign-based technology, product and service providers and there is no reluctance to take on the highest profile companies. Previous developments have involved large pharmaceutical producers along with Apple and other consumer electronics companies.

End to End Supply Chain Visibility - Solving The Data Problem

Amazon effect," many companies are. simply seeing information in one place, aggregating data from multiple sources. companies need more data or more. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the.

Local Sourcing, Global Supply Chain

BluJay Solutions

Yet the company is at pains to make it clear this is part of a global operations strategy, with devices continuing to be assembled in China and Brazil and components presumably continuing to be sourced from emerging markets based on cost and quality.

Why Companies Need a Supplier Relationship Management Strategy

Cerasis

The business landscape is ever changing, numerous innovations have allowed companies to transcend borders and become global entities. Global leaders should retain suppliers with vested interest in the long-term success of the company.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. Also, check out the company website. Sourcing Consultant.

Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

Most companies recognize this and emphasize it with guiding principles, such as “customers first” or “the customer is always right.” (At However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?”

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

5 Reasons Supply Chain Companies Need to Be Curating Content

Cerasis

Sharing content from third-party sources establishes supply chain companies as a go-to resource for all things related to your industry, sector, products, or services. Using third-party social media posts, blogs, videos, and more, supply chain companies can enhance their content marketing efforts by distributing information that is readily available. Here are five benefits of content curation for your company. 5 benefits of curating content for supply chain companies.

Highlights of Supply Chain Matters Briefing with Fieldglass, an SAP Company

Supply Chain Matters

Plans called for combining the functionality within Fieldglass with that of the existing human resource management capabilities of SAP SuccessFactors and integrating both with the Ariba, an SAP Company network platform. After the acquisition was completed in mid-2014, the technology services provider has since been renamed Fieldglass, an SAP Company. In March of 2014, SAP acquired cloud-based procurement contingent labor and vendor management system technology provider Fieldglass.

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance.

Customer Service: The Source of Supply Chain Innovation

The Logistics of Logistics

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. BPR has undoubtedly led to many efficiencies and improved effectiveness at numerous companies. Customer Service: The Real Source of SCM Innovation. The post Customer Service: The Source of Supply Chain Innovation appeared first on The Logistics of Logistics.

The 4 Stages of Supply Chain Analytics

companies looking to succeed. And how can a company. means that companies must move from descriptive, rear-facing reports. At ClearMetal we’ve observed that most companies are in stage 1 and stage. data is too low for companies to jump to the next stage.

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

ivalua

Ivalua and Axbility Consulting are both committed to helping companies create value through successful procurement transformation. The procurement practice at Axbility Consulting includes 40 high-level experts dedicated to enhancing the maturity and performance of Procurement departments and to best leveraging Ivalua’s analyst-recognized leading Source-to-Pay Platform. Created in 1987, the consulting firm Axys Consultants supports major companies in their transformation projects.

Static Inventory an Untapped Source of Working Capital

Supply Chain @ MIT

By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital. Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets.

A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)

Supply Chain View from the Field

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!

Your Supply Chain Probably Has a Data Problem - Start There

sources of value for customers. companies face today is access to good, quality data they need to optimize. Companies that lack. Without a centralized data source insights are difficult to gather and hidden. Companies who think this way are reaping incredible.

Does Your Company Have A Solid Transportation Procurement Strategy?

Logistics Viewpoints

There is a need, a growing need to drive better performance and outcomes from sourcing events. Procurement/Sourcing Transportation Transportation Management Systems transportation sourcingThe logistics marketplace is dynamic and demands attention to truly optimize and enable strategic advantage. Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures.

How is technology transforming global sourcing ?

Claritum

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.

Sourcing promotional products the right way

Claritum

Promotional products are items used to promote a product, service or company program including advertising specialties, premiums, incentives, business gifts, awards, prizes, commemoratives and other imprinted or decorated items. Source: PPAI Sales Volume Study Summary. Single source.

Third Party Logistics Company

LeanCor

When dealing with the inherent complexities of supply chain logistics, many companies come to a point when they may wish to use a third party logistics company to manage their supply chain. Using a third party logistics company to manage the supply chain frees up your company’s resources and allows your business to focus on its own core competencies. However, cost-cutting should not be the sole reason for choosing a third party logistics company.

Want to be a Strategic Sourcing Rising Star? Think New Products.

ivalua

If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. And this is exactly where sourcing and supply chain professionals can make a name for themselves.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

This rapid growth followed by market decline has led oil and gas companies to finally face reality — i.e., that they need to move up the supply chain maturity curve to enable profitable growth moving forward. Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link].

Sorting out Risk in FinTech Source Chains

NC State SCRC

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations. Today, this end to end sourcing process has literally hundreds of different steps in the process. Let’s examine the source chain in more detail.

International Transportation: Where Many Companies Fall Short

Talking Logistics

But as many companies quickly find out, managing international transportation is very different from managing domestic transportation. I asked Russ, “From your perspective, where do many companies fall short in terms of their ability to manage international transportation effectively?” Here’s what he said: It starts with sourcing. The post International Transportation: Where Many Companies Fall Short appeared first on Talking Logistics with Adrian Gonzalez.

6 Tips To Have The Best Content For A Supply Chain Company

Cerasis

So are you running out of ideas on how to curate content for your supply chain company? How to Write the Best Content for Your Supply Chain Company? Facebook, Twitter, LinkedIn and other platforms provide an excellent source of being discovered by others if your post does the trick.

6 Reasons Why Companies Need IoT

Oracle SCM

With the visibility and analytics delivered by connected devices, companies can make the right decisions at the right time, safeguarding profitability and customer service. Companies can now deliver real-time insights into how their fleet is being operated and interacting with the environment.