Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Logistics Viewpoints

APRIL 3, 2024

Scope 1 emissions include all direct emissions that are generated from sources that are directly owned or controlled by an organization. The structures and design featured in the exhibition are sourced from biodegradable, sustainable materials to minimize carbon footprint. Not all emissions are created equally.

Manufacturing Procurement 225

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 225

Resilinc

APRIL 11, 2023

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. Many of these new sources are small, medium, and large news outlets from outside the US: over 200 countries in 108 languages. WarRooms will also be consolidated in the update. In version 5.0,

Real-time Visibility 62

Real-time Visibility Manufacturing Procurement Sourcing Strategies Sourcing 62

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Some examples are: Trello , which allows users to set up boards for different projects, within each of which tasks are displayed.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Risk management.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 83

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 83

ToolsGroup

APRIL 20, 2022

Source: Fortune. #3: Source: Fortune. Encourage employees to take PTO, and lead by example. For example, supply chain professionals find increased efficiency using planning software instead of spreadsheets. 3: Overcome the Staff Shortage by Supporting a Remote Workforce. Expectations like flexible and remote working.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

Unleashed

JUNE 15, 2023

It’s possible to reduce Cost of Goods Sold by buying in bulk or when a discount is available, negotiating with or changing suppliers, and sourcing cheaper labour. Cost of goods sold journal entry (with examples) Inventory accounting journal entries for cost of goods sold generally require debiting the COGS and crediting the inventory account.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

EC Sourcing Group

SEPTEMBER 20, 2022

Ethics in Sourcing and Procurement Management. Read on to learn more about procurement management and ethics, how to spot unethical behavior, and how your eSourcing software can help you pave the way to an ethical and risk-free sourcing and procurement process. Examples of Unethical Practices in Procurement Management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Purchasing Skills Sourcing Strategies 52

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Their fashionable sneakers are made from sustainably sourced materials and are fully recyclable.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Supply Chain Matters

APRIL 15, 2022

Supply Chain Matters provides readers another industry example of efforts underway to reexamine supply network strategies in the light of two years of disruptive impacts, with the goal of augmenting needed agility and more direct control. We have another example to share with readers. . Background.

Examples 52

Examples Material Savings Supply Chain Planning Software Cost Reduction Strategies 52

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Unleashed

NOVEMBER 2, 2023

Production schedule example Production schedules can be highly complex documents produced by manufacturing software that go into detail about each stage of production, or they can be simple spreadsheets that just list out the start times and deadlines for each process.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Logistics Viewpoints

FEBRUARY 7, 2024

For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. Supply chain sustainability increases profitability.

Waste Reduction 263

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 263

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

EC Sourcing Group

JULY 26, 2022

Read on to better understand of advanced analytics, their benefits, and how they will improve your sourcing outcomes. Examples of Advanced Analytics. A well-designed sourcing dashboard helps the CPO move projects ahead and view all events in one place using graphs, charts, and tags as guides/alerts.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. Business media reporting points to challenges in sourcing private label goods, including longer lead times, coupled to factory disruptions.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

GlobalTranz

JULY 30, 2018

Retail Blockchain – Applications of blockchain technology in the retail supply chain go back to the sourcing of a product, validity, sustainable practices during manufacturing, movement through international trade, returns management, and recycling or reclamation of raw materials.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

Talking Logistics

MARCH 27, 2013

Back in December 2012, for example, Apple announced that it is investing $100 million to build some of its Mac products in the US. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. One is the thought process around best-cost sourcing versus least-cost sourcing.

Manufacturing Procurement 172

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Sourcing 172

LevaData

APRIL 26, 2022

It's difficult to source and buy direct materials at scale. For example, you have to make sure the supplier you're dealing with makes sense from both a cost and risk perspective. Data is available now, more than ever, to considerably widen sourcing's remit, bringing in these under-addressed purchased items and hazards.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

Logility

MARCH 21, 2024

For example, with Logility GenAI your data is safeguarded with advanced encryption protocols and robust access controls to ensure your sensitive information remains confidential and protected. For example, suppose an order for a key customer is going to be late. Generative AI absolutely can be built with measures to safeguard privacy.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. For example, employees at Smith & Wesson entered into a series of unethical practices with foreign countries between 2007 and 2010. Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

The Logistics of Logistics

FEBRUARY 16, 2014

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Some examples of some popular BPR tools are LEAN, Lean Six Sigma, Value Stream Mapping, etc. Customer Service: The Real Source of SCM Innovation.

Optimal Sourcing 173

Optimal Sourcing Network Optimization Software Customer Service Logistics Network Optimization Software 173

Jaggaer

MARCH 30, 2020

Sourcing with Big Data. Walter Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. One example was a labeling project at Kraft.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Jaggaer

AUGUST 12, 2020

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 52

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Supply Chain Matters

APRIL 18, 2022

The post Supply Chain Leadership Model Example in Retail Apparel Industry first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. Bob Ferrari. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved. .

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. Sure there is.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Pivot88

NOVEMBER 2, 2020

According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Where do they source their products? The post How transparency in the supply chain leads to sustainable sourcing appeared first on Pivot88.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Sourcing Sustainability 52