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. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.

Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

Cerasis

We recommend you get in touch with him if you'd like an expert to guide you to the next level in your manufacturing business. . Reshoring Or Not, Let's Get Back to the Basics of What is Manufacturing. What is Manufacturing? These manufacturers are called Subcontractors.

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COVID-19: Implications on inventory planning, sourcing and procurement

EFT

For Pedro Paiva, Operations Director, EMEA for major footwear manufacturer Alpargatas, which owns the Havianas brand, they “Estimate that we will lose between 30% and 50% of sales this year.”. Name="Document Map"/>.

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He knew what his cost point had to be on the product which meant that he had to have the product manufactured overseas. Subscribe Here!

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ Lean Manufacturing Supply Chain lean culture

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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! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades.

Intelligent BOM Management Drives Manufacturing Success

Arena Solutions

Most manufacturing companies must rely on many supply chain partners to design and deliver products to their customers under budget and ahead of schedule. So, manufacturers and supply chain partners must be able to work in lockstep to ensure the delivery of high-quality products.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. Manufacturing agility.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. Manufacturing agility.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. Then plan the potential manufacturing investment in new technologies after weighing in the alternatives.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. Then plan the potential manufacturing investment in new technologies after weighing in the alternatives.

8 Ways That Cloud ERP Helps Manufacturers Create Value with Exception Management

OptiProERP

It is typical to focus on what your manufacturing business is doing right. The ability to drive waste out of the process with cloud ERP software enables small and midsize manufacturers and distributors to lower costs and pass along the savings to their customers. .

Strategic National Stockpiles and Sourcing for the National Interest!

Supply Chain Game Changer

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Sourcing mapping for existing and potential suppliers.

4 Strategies to Improve Supply Chain Efficiency for Manufacturing Business Owners

Unleashed

Manufacturers typically perform planning, sourcing (finding suppliers), making (manufacturing), delivering and returns. Below we outline four strategies to improve supply chain efficiency for manufacturing business owners. More successful manufacturers make a commitment to scheduling periodic and effective meetings to give their team members an opportunity to address upcoming logistics situations in advance.

4 Supply Chain Areas to Examine in the Face of Disruption

QAD

Increasingly, we see manufacturers placing less emphasis on cost savings and more importance on supply chain adaptability, risk management and speed. The desire is to create flexible sourcing and connected supply chain networks that effectively respond to customers’ issues and expectations.

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Manufacturing and Cyber Security: A 5 Step Process to Create Internal and Customers’ Peace of Mind

Cerasis

Editor's Note: As we see the transition to digital manufacturing and the use of the cloud and other web-based systems, manufacturing and cyber security continue to collide. You can view our document as a helpful guide for your company here.

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor.

JAGGAER is the Only Full Suite Provider Named as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites and as a Leader in Two Gartner Magic Quadrants

Jaggaer

In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. After being named a Leader by Gartner analysts in Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites and Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites*, JAGGAER was recognized on Gartner Peer Insights as a direct reflection of customer satisfaction.

20 Manufacturers Describe ERP Software Benefits in their Own Words

Cerasis

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. Earlier identification of product manufacturing issues. Quote Sources.

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. Specific Risks in Development and Manufacture Contracts in the Aerospace and Defense Industries. Sources.

PRO Point of View: Pascale de Felix, Global Sourcing Director – Methods, Tools & Responsible Sourcing at the Bel Group

EcoVadis

Global Sourcing Director – Methods, Tools & Responsible Sourcing (Bel Group). She is the Global Sourcing Director – Methods, Tools & Responsible Sourcing, and she has 10 years of experience in Responsible Purchasing.

7 Use Cases for Hyperledger in Supply Chain

Supply Chain Shaman

I believe we need to move to Open Source tech. After publishing a series of reports on visibility, I facilitated a dinner between two major manufacturers. This transition from closed and proprietary solutions to open source capabilities will not happen quickly. Document Sharing.

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Outsource? Insource? Why not right source your print?

Claritum

Documents, operational print and marketing print are often considered as discrete requirements and most reviews will focus on each segment individually. So take a look at your entire print and document spend….and Why not right source your print?

10 Ways IoT Can Improve Supply Chains

IQMS

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. Combining blockchain and IoT is enabling manufacturers to pursue and excel at digital twin initiatives across their value chains.

What Is Supply Chain ERP?

IQMS

A Supply Chain ERP system orchestrates and optimizes forecasting, pricing, procurement, sourcing, and inbound product quality levels across the many supplier relationships manufacturers have, providing real-time accounting and financial reporting of each transaction.

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Why Manufacturers Need an Outcome Culture (Pt. I)

QAD

In this article, we explain why manufacturers should adopt an outcome culture. So, manufacturers need the right culture. A manufacturer with a strong culture, both on the shop floor and in the back office, will act in a consistent manner. A Culture in Manufacturing.

Is the FAR getting in the way of Early Supplier Involvement in defense projects?

NC State SCRC

The concept level design phase is typically summarized in a system concept document. This phase is followed by system level development, resulting in system performance requirements and description documents. Product development within the U.S.

Do You Know How Much Your Company is Spending? A Spend Analytics Checklist

Supply Chain View from the Field

Spend analysis does not need to occur only on an annual basis, but can be applied also to reviews of a category or subcategory of spend that occurs when a contract is being negotiated, or when a strategic sourcing project is initiated for a particular category group. Spend analysis is also a critical component of effective budget planning, and setting key performance indicators for sourcing teams to consider in their assigned duties.

Supply Chain Quality: A Driver for Digital Transformation

Talking Logistics

The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance.

The Writing on the Wall: Signs your company may struggle in a recall

Unleashed

The triggers are everywhere and if a business, particularly a food manufacturing and beverage business, is to survive a safety recall, they must be prepared. The Food Marketing Institute and Grocery Manufacturers Association in the U.S. The food and beverage sector is under incredibly stringent control as public health can be compromised significantly if safety precautions during manufacture are not adhered to.

New Generations, New Ways of Learning

DynaSys

For example, Generation Z uses the internet and blog articles to educate themselves, while Generation Alpha can beat your high score on My Manufacturing Company before they even know how to read.

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. China was the source of over 90% of PPE.) As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer.

How Would a Hard Brexit Impact UK/EU Trade?

QAD

Manufacturers in the EU may be adversely impacted if they source raw materials from the UK. Thus, if a manufacturer is exporting to a non-EU country that has a free trade agreement with the EU, the goods would be subject to tariffs and cost more to land in that country.

Who Needs Quality Management?

Oracle SCM

How companies often react : The typical response or result is departmental quality silos, with either manual or periodic interaction between the silos: The Q&A Department creates their own system that addresses inspections, audits, and corrective actions, together with document controls.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States.

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