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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

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Guest Blog – How To Identify Supply Chain Barriers To Boost Efficiency?

Gravity Supply Chain

As suggested by experts, the very first step in identifying these barriers is to understand the various components of the supply chain, which includes understanding the roles of suppliers, manufacturers, distributors, retailers, and customers.

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How international shipping can be improved in today’s global automotive supply chain

The Network Effect

Given the global nature of automotive manufacturing in today’s networked supply environments, international shipping will be a consideration as part of the trading relationship between Subsystem and Tier 1 Suppliers and their Tier 2 Suppliers. providing all necessary paperwork such as export licenses, and documentation. authorizations.

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What is Inventory Management Software and How Does It Work?

Unleashed

In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

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The Messy Reality of Cross-Border E-commerce (Thoughts on UPS Acquiring i-parcel)

Talking Logistics

While omnichannel retailing is in the spotlight these days, lurking in the shadows is another big challenge and opportunity many retailers (and manufacturers looking to sell direct to consumers) have been struggling with for years: cross-border e-commerce. Source: Pitney Bowes (click to enlarge). Source: Amazon.com (click to enlarge).

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The 6 Greatest Challenges to your Supply Chain

DynaSys

To recover from this pandemic have documented plans in place for the following: Headcount ramp up Workplace safety to prevent COVID-19 spread Outbreak readiness. Then document how you developed these plans. Logistics issues reduced service levels, which slowed payments. Some global buyers are beholden to just one source.

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5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. But what about resolutions to help us improve at work? more often.