Supply meets demand: New sourcing automation solution targets ocean freight procurement

Manufacturing & Logistics IT

Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution

How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future. factory selection sourcing supply chain management Contract Manufacturer supply chain RFQ

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Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling, an offshore drilling company, provides global deep water drilling services to the oil and natural gas industry through the use of high-specification drillships. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Sourcing consus global e-sourcing source to pay sourcing

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

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. As we progress through and past the pandemic, is it time for Procurement to adopt parallel Supply Chain strategies, such as dual sourcing, and limit or abandon single sourcing and sole sourcing? What is Single Sourcing or Sole Sourcing?

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.

Sustainability: Do Supply Management and Global Sourcing Matter? (Guest Post by Jury Gualandris, UCD)

SCM Research

Is it possible to achieve high environmental and social performance in global supply chains? Over the last decades, however, supply chains have been undergoing a process of increasing globalization, which has created the need for differentiated sustainability approaches for firms sourcing globally rather than regionally. Do Supply Management and Global Sourcing Matter for Firm Sustainability Performance?

Driving Responsible Sourcing in Global Supply Chains

Supply Chain Brain

The larger the organization, the greater its influence on the creation of more sustainable products

Universal Supply Chain Misconceptions or “Global Sourcing Lies”

ivalua

In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks.

Responsible Sourcing Insights

SCM Research

Sedex is a nonprofit organization dedicated “to driving improvements in ethical and responsible business practices in global supply chains” Their new six-part “Responsible Sourcing Insights Films” series tackles key challenges in responsible supply chain management.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

ivalua

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. Consus Global.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. .

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Tracking global commerce activity across the entire transportation lifecycle – beginning with planning, including execution, and through settlement—is key for businesses to thrive on a global level.

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Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here!

Chainalytics Delivers Award-Winning Global Logistics Procurement Program

CHAINalytics

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

Finished Product Sourcing

Insights Solutions Global

With the help of Insight Solutions Global, the client cut the spending and saved up to $120,000/year, reduced the lead time and gained more leverage in the supply chain. The post Finished Product Sourcing appeared first on Insight Solutions Global. Case Study

How Will Brexit Affect Global Supply Chains?

Logistics Viewpoints

Brexit will have a minimal impact on global supply chains. Global Trade Logistics Trends Procurement/Sourcing Supply Chain Network Design Brexit supply chain networks tax reform U.S. The U.S. presidential election could have a much bigger impact. And changes in EU tax enforcement, the most of all. presidential election

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How to Optimize Port Throughput in Global Supply Chains

The Network Effect

Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect. Global Trade Logistics Supply Chain Management global supply chains global trade ports shippingIt’s.

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How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Do you have visibility of a global supply chain? Global Sourcing Technology.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Five Lessons in Building Global Planning Organizations.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

So, what are the steps that need to be taken in businesses globally to make real sustainable impact? Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions. in this case, responsible sourcing.

Global Supply Chain Recovery Dependent On A Vaccine

Supply Chain Shaman

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. They are seldom cross-functional to optimize source, make, and deliver together. Companies spent the last decade leveraging economies of scale from globalization. When There Is A Vaccine Think Global. My left arm hurts.

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Creating More Resilient Global Supply Chains

Supply Chain Brain

Here's how to reassess short-, mid- and long-term global sourcing and production strategies

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

SCM Global 50: Best Global Supply Chain Blogs

Supply Chain Opz

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. Then, this article will show you some good resources that will help you handle the complexities in global scm. Global supply chain environment is dynamic and many issues changes quickly.

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The Global PSCM 2015

Supply Chain Movement

The Global PSCM 2015. The Global Procurement & Supply Chain Conference is a 2 days event being curated by the industry’s leading procurement & supply chain executives and features high-level discussion on your most pressing challenges including: Achieving excellence in internal collaboration and integration. The Global Procurement & Supply Chain Conference is a much-requested event. Sourcing. Date: 30 – 31 March 2015.

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

ivalua

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. Consus Global.

Chain of Custody: Source of Control in Global Supply Chains

Supply Chain 24/7

The logistics industry is slowly being transformed to the point when the utilization of the electronic data environment will become the norm in the industry and the additional technological advancements in IoT technology will enable the integration of complete cargo supply

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Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Whether you’re creating a local or international sourcing plan, it is vital that the created plan ensures: Delivery of the benefits identified in the strategy when required; and in a way, that meets the business need.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. The disruption to global supply chains caused by Beijing’s decision to close factories and lock down cities to contain COVID-19 has jolted Western companies into rejigging their supply chains, with economists predicting that globalisation as we know it will never be the same again. But global dependence on Chinese manufacturing is mind-boggling…. One-China policy hampers global trade. Covid 19 Global Sourcing

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

I think what’s happened particularly in the last ten years is that the focus on cost reduction and being competitive has really driven that need for rationalization in the supply chain, and of course for the globalization that we’ve seen. Will people change their sourcing strategies?

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled the growth of the global supply chain opening up markets driving opportunity. However, globalization comes with responsibility. As we have driven improvements in globalization, jobs shifted as companies chased lower costs of labor. ” Entertainment and fast food globalized fast. In this post, I take a hard look at the global supply chain.

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Navigating the Ever-Changing Global Trade Landscape

Talking Logistics

You can’t go a day without seeing global trade in the news, whether it’s new tariffs, trade agreements, NAFTA, BREXIT, or similar items. How does global trade content help with this process? What’s Happening in Global Trade? I started our discussion by asking what is currently happening in global trade. Brendan points out that perhaps the biggest news is that global trade is actually in the news. Global Trade Content in Action.

Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization

ivalua

On the surface, local sourcing seems simple – work with local suppliers in the areas where you do business globally. The post Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization appeared first on Directworks. Blog Local Sourcing Supply ChainSpend Matters recently published a story highlighting Auto News’ coverage of supply chain and procurement localization at Magna International.

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! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources.