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.

EBA Guidelines – A Call to Action for Banking Sector Procurement?

ivalua

The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions. The guidelines will enter into force on 30 September 2019. The guidelines insist that attention and focus need to start from the top. The post EBA Guidelines – A Call to Action for Banking Sector Procurement?

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Achieving Compliance with European Banking Authority (EBA) Guidelines on Outsourcing

ivalua

The revised European Banking Authority (EBA) Guidelines on Outsourcing came into effect on September 30 th of 2019. They update former guidelines on the subject from 2006 and specifications on cloud services outsourcing from 2017.

Sorting out Risk in FinTech Source Chains

NC State SCRC

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations. Today, this end to end sourcing process has literally hundreds of different steps in the process. Let’s examine the source chain in more detail.

Ivalua Launches Innovations to Improve Sourcing Decisions, Savings Capture and Supply Chain Visibility

ivalua

Innovations focus on supporting smarter and faster decisions around supplier relationships and sourcing initiatives, improving the capture and recognition of savings, increasing accounts payable automation and ensuring accessibility for all. Specific release highlights include: Sourcing Decision Center (SDC) – Ivalua’s Sourcing solution now includes intuitive and powerful sourcing optimisation capabilities.

Blog: Bristlecone Industry-Specific Tactical Sourcing (BITS) is Now an SAP-Qualified Partner-Packaged Solution for SAP Ariba

Bristlecone

SAP Ariba Guided Buying empowers employees to make their own purchasing decisions – while ensuring they follow your procurement guidelines and buy from your preferred suppliers. Bristlecone Industry-Specific Tactical Sourcing (BITS) is a prime example of how we amplify the value of SAP technologies. BITS combines our procurement expertise with assets, accelerators and value-adds to help you achieve maximum value from SAP Ariba Guided Buying by: Streamlining Sourcing Processes.

Sales, Inventory & Operations Planning – What It Is and How to Operate

USC Consulting Group

For every product family, there are “time fences” – guidelines that demarcate when changes are feasible. Lean Manufacturing Material Utilization Process Improvement Spend Management Supply Chain Business Strategy Inventory Management Manufacturing Resource Planning Planning and Scheduling S&OP Sales & Operations Planning SIOP strategic sourcing Supply Chain Optimization

Green Sourcing for the Olympics

EcoVadis

The Organizing Committee has just issued today a very ambitious “Olympics Sourcing Code” ‘ (access here ) which will apply to all products and service providers. The second and most important thing for us, is that the Code is not only focused on suppliers environmental/socials practices but also on their responsible sourcing practices.

Sustainable Procurement Finally Getting Its Own Standard

NC State SCRC

For the basis of our framework we assessed if the code of conduct followed the guidelines specified in these and similar conventions. Corporate Social Responsibility Emerging Issues in Supply Chain Procurement Sustainability Strategic Sourcing Supply Chain Ethics Supply Chain Management SustainabilityA new post discussed the development of a sustainable procurement standard developed by the International Standards Organization.

Procurement Technology: An Update from Spend Matters in Baltimore

NC State SCRC

22,000 sourcing events. $50 An example was provided to show how a requisition can be generated in 90 seconds and drive locked in savings through a preferred source, and avoids over-specifying the requirement. Second, he talked about the information supply chain and the need to drive compliance to guidelines, laws, process, policy, rules, and regulations. “It matters what our suppliers do three levels down – and it depends on the country.

The Mask Supply Chain!

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! To be clear the government and business guidelines for the wearing of masks do not require the use of medical masks for everyday purposes. Sourcing Masks. No single sourcing. Subscribe Here!

Project Management | How to Review RFI Responses

Insights Solutions Global

Here are some guidelines that would definitely help. Supplier Sourcing RFIHow do you review RFI responses received from potential suppliers? What factors do you take into account to make sure that you land on the ideal supplier? The post Project Management | How to Review RFI Responses appeared first on Insight Solutions Global.

5 Steps to Supply Chain Orchestration Success

OneSCM

Can you see and manage your entire global supply network from one single source? We call it a single source of “data truth.” Following these five guidelines not only makes your organization more efficient, but can also increase revenues and reduce expenditures from purchase to payment. The successful music orchestra is a myriad of ensemble instruments working together to create beautiful music.

Managing Outsourcing Risk: A New Framework for Banking and Beyond

Jaggaer

Outsourcing services can leave banks vulnerable to new sources of risk and new threat s. To combat this risk, the European Banking Authority (EBA) published draft guidelines for the management of outsourcing practices i n June, 2018 to establish a common framework f or risk management in outsourcing activities. What do the new EBA Guidelines for managing outsourcing risk look like? . What Other Industries Can Learn from The EBA Outsourcing Guidelines .

Why Today is the Day to Prepare Your Supply Chain for Recession

OneSCM

Follow these guidelines today for resiliency, should a temporary economic decline hit. If terms are not being met, consider other sources of supply to build a larger network of options. Highs and lows are an unfortunate part of both life and business and a new study shows 3 out of 4 economists predicting a U.S. recession by 2021. The good news for companies is that recessions are also generally short, with 9 of the U.S.’s ’s last 13 recessions lasting a year or less.

Food Logistics Tips for Making Sure Perishable Foods Are Safe During Transit

Cerasis

Water sources, lines, nozzles or tanks should remain free of pathogens and biofilms — this prevents the spread of foodborne illnesses, too. Train and Educate Everyone involved in the supply chain and transportation process should be familiar with food safety guidelines and regulations. Understand Your Legal Obligations These food logistics tips — or guidelines, really — will certainly help you keep your foods and goods safe.

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‘The Johnny Tightlips’ and Two Other Popular Approaches to Supplier Relations

Supply Chain Cowboy

If you are a public company, are SEC guidelines – especially insider trading rules – being followed? Image Sources: Johnny Tightlips (modified) | Open Book | Castle ]. Process Improvement Supply Chain Strategy Challenges Company Culture People purchasing Sourcing Suppliers Wild West “Before you send that email, there are a few lines I want to take out. We don’t want to share that information with that supplier.” ” “Really?

How Businesses Benefit from an Integrated S2P Software Solution

Jaggaer

Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. A typical S2P solution can effectively manage purchasing activities that range from spend analysis, e-auctions, purchase requisitions, sourcing events, invoice and payment processing and vendor relations. Source-to-Pay

How “Process Robots” are Enabling Supply Networks

The Network Effect

and 18 months of effort given standard ERP development guidelines. Falling back to sourcing options, you determine that you could hire the 20 FTE’s in the US for $1.5M Think about an electronic workforce of process robots designed to count your inventory items in real time, on demand, with no mistakes made. You pay them nothing, and they never complain.

The Ecommerce Lifecycle with AJ Khanijow

The Logistics of Logistics

Fulfyld’s unique service offering includes the technology and customer service required by direct to consumer brands along with deep expertise in value-added services, product sourcing, and packaging that enables them to become an extension of their customer’s supply chain.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. Source In logistics, transporting goods from one place to another has been a major cause of carbon footprint and environmental pollution, even though other activates of logistics also have a considerable impact on environment.

Are you a Game Changer? Tell us your Story!

Supply Chain Game Changer

As you complete the form and tell us about your Game Changing activities we ask that you consider the following guidelines: Guidelines: Articles should be at least 1000 words long. Please credit and reference all sources, facts and figures. Subscribe Here! Email Address. Every day there are individuals and teams all around the world who are making a difference.

How Food Manufacturers Can Make the Best Blending Decisions Every Time

DELMIA Quintiq

While there are strict guidelines regarding the content of certain ingredients such as fats, sugar and salt: Food manufacturers generally have some flexibility to deal with changing supply situations. Blending is an important and challenging part of the food manufacturing process.

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The Pandemic Motivates Changes in the Food Supply Chain

Enterra Insights

In addition to government guidelines for the food supply chain, the Consumer Brands Association (CBA — formerly the Grocery Manufacturers Association) started a review of supply chain infrastructure, particularly that portion associated with food industries. Even though many of the same ingredients are used in both food services and grocery stores, the ways products are sourced, packaged, and delivered through the two supply chains are very different.

Food 100

WSJ MANAGEMENT Top 250 List: SCRC’s Role as an Index Provider

NC State SCRC

As shown on the front page of the WSJ article, the authors reference the source of the indices used to form the list, which segments the top 250 companies out of a list of 750 total. The latter is particularly important for companies who source in low cost countries, and this has been a major focus for our work over the summer as we partner with VF, Nike, and the Global Fund to End Modern Slavery to assess labor rights in global supply chains.

ISO 20400: Building Value Through a New Standard for Sustainable Procurement

EcoVadis

All this has become much easier since a new international standard for sustainable procurement was introduced in April 2017, outlining clear guidelines on how to align with sustainability goals. ISO 20400 provides guidelines through each step — from strategy to implementation — that help achieve sustainability goals and improve supplier relationship management. Recommended Reading: Incorporating Supplier CSR Ratings In The Sourcing Process: The Basics.

10 Commandments of Inventory Management

Supply Chain Opz

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level. 4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case?

Why is Closing the Loop on Quality and Compliance key to promote Transparency?

Pivot88

Closing the Loop on Quality and Compliance Management means linking quality and compliance processes with performance data from different sources, and collecting audit, production, quality and traceability information all in one place. – Corporate administration and CSR policies, codes of practice, industry standards, processes, guidelines are all embedded in the system.

Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. Once the supply and distribution routes are mapped, clients can begin the sourcing process to dig deeper and understand what each third-party logistics provider can offer. Sourcing teams can launch a full RFQ to select a provider. Pharmaceutical companies have complex supply chains that are often not optimized to their full potential.

How to Maintain a Photocopier!

Supply Chain Game Changer

When your machine acts up, while you may instinctively want to find the source of the jam, please always follow the recommended screen prompts to fix it. Please follow the photocopier’s recommendations from the manual and adhere to the guidelines. Subscribe Here! Email Address.

The Branded Supply Chain

DELMIA Quintiq

The Branded Supply Chain is the model for ensuring that your brand is more than just a collection of ideas, logos and guidelines. A primary objective of the act is to eliminate slavery and human trafficking as a source of cheap labor. Discover the highest level of branding where others are least likely to look. What do H&M and Whirlpool know about supply chains that many of their competitors don’t?

Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

At a minimum, clothing brand organizations should adopt normal and ethical contractual behavior, and use the following guidelines during a crisis like Covid: Buyers should receive payments for orders that have been shipped, and also ensure that payments go to suppliers to cover all legally-mandated wages and benefits incurred for all orders that are already in production that were placed by the buyer.

What to Expect When You’re Expecting (to Buy a TMS Solution)

Supply Chain Collaborator

Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that are affordable and effective in automating their logistics processes. Here are some guidelines to consider when you’re tasked with choosing a TMS solution to implement. Selecting a TMS solution is a lot like having a baby.

Touchless Fulfillment and Shipping!

Supply Chain Game Changer

At the initial step, any business which is deciding whether to go for Pick-up at the curb offering or not, they should follow the broadcasted guidelines of their local government. There could also be different guidelines in place, depending on your location. Subscribe Here!

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level. 4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case?