article thumbnail

The Importance of Sustainability Benchmarking

Logistics Viewpoints

FourKites , the global leader in real-time supply chain visibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions. FourKites Sustainability Dashboard also enables companies to identify the highest source of freight-related emissions across the supply chain.

article thumbnail

Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally. I don’t think so.

article thumbnail

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

The goal is deeper analytics to sense and respond across make, source and deliver. There is a great market for a holistic solution on supply chain visibility. While many will compare you to SAP, it is not a comparison. Companies need a real-time data source on performance. It is the opportunity. The Shaman.

article thumbnail

Managing Supply Chain Disruptions in the Middle East

Locus

They have started earmarking their investments for food supply chain networks since the pandemic. Presently, their major focus lies on local production, warehousing and strategic sourcing. Major supply chain risks in the Middle East. Optimize sourcing decisions. How do businesses enable strategic sourcing?

article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. Supply Chain Visibility : Supply chain visibility has long been a goal supported by supply chain professionals. Isn’t time important?

article thumbnail

Comparing the 2023 National Defense Industrial Strategy (NDIS): A Critique and Comparison to Supply Chain Immunity

NC State SCRC

Dan Finkenstadt used his Chat GPT programs to analyze the NDIS and compare it to the recommendations developed in our book, Supply Chain Immunity: Overcoming our Nation’s Sourcing Sickness in a Post-Covid World. There is also little consideration of what it takes to truly establish domestic sourcing capabilities.