Remove Definition Remove Procurement Remove Sourcing
article thumbnail

Definitions Matter

Supply Chain Shaman

In my writing, I try to get clear on definitions. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns. And, there is no translation of planned orders for manufacturing into aggregate procurement. Let’s take an example. This is a post from LinkedIn today.

article thumbnail

ESG-Driven Supply Chains: Moving Beyond Compliance Toward Proactive Sustainability

Logistics Viewpoints

While past efforts focused on meeting compliance requirements, organizations are now working to proactively embed environmental, social, and governance (ESG) principles into their sourcing, production, and distribution activities. Without common definitions, ESG assessments can be inconsistent or incomplete.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Never start with the process definition.

article thumbnail

Navigating the Complex Landscape of ESG and Forced Labor Regulations: Insights from IBM’s Conference

Logistics Viewpoints

The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.

article thumbnail

Managing Supply Chain Planning in the World of Scarcity

Supply Chain Shaman

When we measure the bullwhip impact (in my class on outside-in process thinking), the bullwhip between manufacturing and procurement is 2-3X. Inventory is both our most important buffer and greatest source of waste.) Muda comes from many sources. Ontological definition is a new role for the Supply Chain Center of Excellence.

article thumbnail

New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.

Study 272
article thumbnail

Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.