Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning. The post Infrastructure Planning Guidelines for Supply Chain! Subscribe Here! Email Address.

Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

Cerasis

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner. All such guidelines or rules are at this moment incorporated by reference into the TOS.

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How to Build a Digital Procurement Ecosystem in 8 Minutes!

Supply Chain Game Changer

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization.

Hello Automated Procurement, Goodbye Tedium

Jaggaer

Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. Automated procurement means that procurement professionals are released from tedium while organizations enhance their efficiency and release additional value.

Paving the Way for Sustainable Public Procurement

EcoVadis

Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards. Although public procurement policies vary widely from country to country, most national governments issue purchasing guidelines for state-owned enterprises. The commitment to sustainable procurement extends to ensuring suppliers follow sustainable practices.

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

KPI 40

Still Don’t Know How Many Slaves Are In Your Supply Chain?

Talking Logistics

Last week, the Chartered Institute of Procurement & Supply (CIPS), a leading international body representing purchasing and supply management professionals, issued a press release highlighting findings from a survey it conducted showing that relatively few companies are ready to comply with the UK’s Modern Slavery Act , which was passed in March 2015 with enforcement set to begin on April 1, 2016. How many slaves are in your supply chain?

The Effects of a Recall Can Be Minimized With a Connected Supply Chain

DynaSys

If the supply chain processes are not connected from the beginning to the end of the entire procurement, manufacturing and distribution processes, or “field to fork”, you will have a bumpy road. Food and Beverage manufacturers have been putting lot numbers on products for years. These factors all fall within the realm of a connected supply chain and give manufacturers the ability to find where a compromise in the chain might have occurred.

The Procurement Economy in 2019: The UK and the European Union

Jaggaer

and the European Union and examines how procurement organisations can best prepare in the new year. With Brexit looming and the possibility of World Trade Organisation rules coming into effect in UK/EU trade, the European procurement and supply chain markets look unsteady. Combined with increasing isolationism in other parts of the world, procurement teams dealing in the EU and UK will have to take steps to prepare for unstable markets. Procurement Resources

Why a network model makes sense for today’s automotive suppliers

The Network Effect

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. Focused on outcomes, a competitive supply chain capability not only assures the on-time delivery of component material, but also the execution of inbound supply to ensure the shipment of quality finished goods at a competitive price while delivering on-target margins for the manufacturers.

Letter from the CEO: Market Update April 23, 2020

Transplace

Facilities continue to encourage all individuals to practice social distancing guidelines and keep a distance of 6 feet or more from others. The automotive industry continues with many manufacturers closed. As soon as the manufacturers start ramping up, capacity for exports could be absorbed creating capacity issues for other industries. This past week, some states announced a mandatory shut down of manufacturing plants in Mexico until April 30.

The Essential Reference Guide for a Supply Chain Leader

Cerasis

People: Are our SCM people aware of Quality Manual or Guidelines available in business? Dr. Muddassir Ahmed is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries. Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Why Focus?

Blockchain and Reverse Logistics: Recapturing Costs and More

Cerasis

Manufacturers and shippers have a duty to ensure sustainability, reports Supply Chain Dive , and an effective sustainability program must consider what happens to products after their lifespan. In other words, the final resting place for products is the burden of manufacturers, and some products, such as smartphones and electronics, can pose a risk of harm to the environment and the personal information of device users.

10 Commandments of Inventory Management

Supply Chain Opz

3) Adjusted forecast is passed to the manufacturing and supply planning team to resolve potential issues (4) A meeting among the cross-functional team is arranged to resolve the demand/supply imbalance and everyone agrees upon the plan As you can see, S&OP enables an inventory planner to incorporate various factors that enhance the efficiency of "classic" inventory control theories. Inventory management is one of the most important tasks for supply chain management professionals.

An Overview of Best Practices for Efficient Purchase Ordering

Unleashed

A purchase order (PO) is a document issued from a buyer to a seller that communicates a request for procurement of goods or services. Getting your purchase orders right is important as a means of reducing overspending and helping you to monitor and manage all procurement related expenses. Organisations have their own distinct approach to procurement activities but can benefit from implementing proven strategies and best practices to achieve more efficient purchase ordering.

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

3) Adjusted forecast is passed to the manufacturing and supply planning team to resolve potential issues (4) A meeting among the cross-functional team is arranged to resolve the demand/supply imbalance and everyone agrees upon the plan As you can see, S&OP enables an inventory planner to incorporate various factors that enhance the efficiency of "classic" inventory control theories. Inventory management is one of the most important tasks for supply chain management professionals.

TSC’s Best Supply Chain Resources – 2014

OneSCM

Unfortunately, even if you can strengthen relationships between purchasing managers & sales executives, and recognize the opportunity to simplify common procurement tasks, you still have quite a few obstacles to overcome before any initiatives will be put into action… 7 Steps to Easy Supplier Onboarding 3/17/2014. Guidelines for minimizing risk on new solutions. As we’re kicking off 2015, now is a great time to gather our best supply chain resources from 2014.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management. There will be more in-country manufacturing and safety stock.

Targeted Action On Energy Use Along The Product Lifecycle: Four Steps Industries Can Take To Tackle UN Sustainable Development Goal 7

EcoVadis

While supplier collaboration can help companies better understand where their ingredients come from and how they are procured, engaging third parties in this kind of mission is not always easy. Step One : Integrating E nergy Criteria Into Procurement. Before effectively engaging suppliers, companies should internally integrate the criteria of energy consumption and GHG emissions into their procurement decisions.

What are the 3 Decision Rules for Inventory Control?

Unleashed

As one of a business’ greatest assets, inventory is also the cause one of the hardest decisions manufacturers, retailers and eCommerce businesses have to make. Therefore, it is important to establish a set of guidelines to improve inventory decisions and optimise inventory control. It is important that manufacturing, retail and eCommerce businesses have positive inventory control to sustain profitability over the long term. Effective inventory control is a process.

Five takeaways for small business and the sustainable supply chain

EcoVadis

From procurement to packaging, corporate giants are taking the time to introduce new sustainability initiatives across all levels of the supply chain. . Small businesses certainly have an advantage in this arena: While large manufacturers face several roadblocks on the path to approval, start-ups often have less red tape to work through. Analysis of more than 20,000 companies reveals improvement and opportunity across environmental, labor, ethical and sustainable procurement risk.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

This capability in turn requires older generations of managers, often labeled “subject matter experts” who are willing to serve as key informants to educate these younger folk, and who are willing to transcend typical functional barriers between sales, operations, and procurement, to offer insights into the right solutions to different types of business problems. Optimized decisions in manufacturing would lead to inventory shortages or surpluses in other parts of the chain.

The Beginner's Guide to Inventory Control and Management

Supply Chain Opz

However, we can provide some guidelines as below, - Forecast at the right level: Standard inventory control textbooks suggested that forecast be done at a product family level. In manufacturing environment, production scheduling has a very strong impact on overall service level and level of work-in-process inventory. What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use.

8 key benefits of effective supply chain management

6 River Systems

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Likewise, process guidelines can help suppliers comply with your company’s quality requirements. Today’s global supply chains are increasingly complex, making a data-driven approach to supply chain management a must.

Kewill Announces Acquisition of LeanLogistics

BluJay Solutions

LeanTMS® delivers complete transportation planning, execution, settlement, and procurement, as well as visibility and business intelligence, to improve transportation processes, increase efficiency, and reduce costs. Furthermore, the global capabilities of LeanTMS ensure compliance by providing complete supply chain visibility and access to industry data to meet multi-regional regulations and guidelines.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

We may want to review their manufacturing facilities and perform some sort of quick assessment (for example, explore their process capability and yield of the product and how they handle returned parts). Dave Munson @saddlebackbags Dave Munson is the founder and CEO of Saddleback Leather and of their leather factory, Old Mexico Manufacturing. It is no longer sustainable for companies to delay the enhancement of their procurement and supply chain organizations.

Just How Dire is the COVID Healthcare Global Supply Chain Response? (A Case Study)

NC State SCRC

Some of my recent research has involved interviews with healthcare physicians, distributors, manufacturers, and suppliers, and these discussions all point to a reality that is very different from what politicians would have us believe.

From Tianjin To Beijing: CSR Rising On The Agenda For Supply Chains In China

EcoVadis

There is no doubt, even from the perspective of the Chinese Central Government, that China is the manufacturing capital of the world. The Ministry of Industry and Information Technology of the Chinese Government (MIIT) has already introduced CSR objectives, guidelines, and other guidance content to private and state-owned/influenced entreprises, and believes that the CSR work done in the 12th 5 year laid the foundations for CSR going forward.

50 expert tips on supply chain optimization

6 River Systems

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Thus, developing robust personal and professional relationships with your colleagues in product development, engineering, manufacturing and finance will allow you and your team to be more effective.”

50 expert tips on supply chain management

6 River Systems

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s.

China Ramps up Production of Generic Medicine

Elementum

To address this, China’s FDA has started to modify their guidelines for stricter evaluations. Products that are able to pass evaluations will be labeled the same generic name as the brands in procurement catalogs used by hospitals to purchase medicine. China’s huge potential for sales and expansion, coupled with shorter approval times for clinical trials and the country’s reputation as a manufacturing hub, continues to attract investors.

China 69

20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

You’ll need to know about fire safety codes and guidelines for things like shelving height, hanging weights, human capacity, etc. Elizabeth Brady Elizabeth Brady currently teaches the Supply Chain and ERP course at Mira Costa College for the Bachelor of Science in BioTech Manufacturing candidates. His completed projects include industrial and office master plans, spec and corporate office buildings and distribution, and assembly and manufacturing facilities.

Laundry Between Emails: Making the Most of the Coronavirus Pandemic

My Office Apps

Let us know when we can schedule a Kechie demo for you … and please take care of yourselves, follow all the guidelines, and do your best to remain healthy. . Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to include all of these individual tools. Laundry Between Emails: Making the Most of the Coronavirus Pandemic.

China Ramps up Production of Generic Medicine

Elementum

To address this, China’s FDA has started to modify their guidelines for stricter evaluations. Products that are able to pass evaluations will be labeled the same generic name as the brands in procurement catalogs used by hospitals to purchase medicine. China’s huge potential for sales and expansion, coupled with shorter approval times for clinical trials and the country’s reputation as a manufacturing hub, continues to attract investors.

China 60

Supply Chain Management:The Role of Information Sharing in.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. By formulating effective business policies, agreements and business plans that an enterprise can use to establish guidelines and rules for exchange of information with supply chain partners can help assuage those barriers. On the other hand manufacturers get plagued by obsolescence and inventory costs impacting margins.