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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.

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. The importance of Environmental, Social and Governance (ESG) continues to grow. Things are changing, and supply chains participants are feeling pressure from customers, consumers, financiers, and governments to take action on these changes.

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The Green Corridor: Food for Thought

The Logistics & Supply Chain Management Society

Government regulation and enforcement of the regulations nationally are heavily relied upon and in a globalised economy the differences between each government’s regulation and enforcement standard can be well? Do their methods and documented standards meet your organisation’s values or does more need to be done?

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

At SAP their solution is developed by their governance risk and compliance team. Global trade services is one of 4 pillars of GRC at SAP, the others being enterprise risk and compliance, identity and access governance, and cybersecurity. There can be big fines for noncompliance with trade regulations. For example, the U.S.

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Creating a Global Trade Compliance Program

QAD

Export controls to ensure that all export licenses, permits and customs documentation are correct? Staff can mistakenly send samples or sensitive materials to denied parties or without the correct documentation. Furthermore, access to electronic documentation creates efficiencies and more accurate reporting.

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Have you Explored the Business Implications of Import Bans?

Logility

The Chinese government plans to double manufacturing capacity in the XUAR by 2025, with a focus on apparel and textiles. To prove admissibility, CBP instructs that importers should submit the required documents to the port detaining the goods. XUAR Facts and Figures. The following table shows the XUAR’s top exports in 2019.