Sourcing Tips: How to Find the Right Food Service Supplies

AFFLINK

It's important for any business to begin with the right suppliers — but it's even more important for those in the food services industry. Food service companies need to be able to procure supplies quickly in order to operate, and the cost of their supplies directly impacts their bottom line.

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. provides deep insight into the behavior of demand and inventory to improve the outcomes.

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White Paper: Strategic Sourcing in the Aviation Industry – How to Increase and Accelerate Savings

Bristlecone

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. Low-Cost Country Sourcing.

7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them

AIMMS

When done properly, it also allows organizations to predict and respond to changing conditions quickly. How can you gain this capability without getting bogged down in a long implementation? IBP ownership belongs to the CEO. Image source: Oliver Wight.

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Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

Transportation Sourcing in an Omni-channel World

Talking Logistics

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. And, what are some of the key factors retailers need to consider when developing their transportation plans? Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. 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.

How to Get Started with Value-add Forecasting (Part 2)

Logility

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. Here are a few steps that you will need to take to deploy your forecasts successfully. These types of models are doomed to fail.

How to Reduce Product Damage During Shipping

Cerasis

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .

How Sourcing has Reemerged in a Covid-19 World

Jaggaer

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. Diversify Your Sourcing Needs. COVID-19 Sourcing

How to interpret demand-sensing data

The Network Effect

Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change. However take care not to misinterpret the data.

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How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. Damage to product when handled or in transit.

How to ride the Source to Pay Wave? 4 Lessons you can learn from Forrester

ivalua

Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019. How times have changed.

How To Improve Shippers' Communication With Carriers And Customers?

Abivin

With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1]. Facilitate real-time communication. ,, Image source. Automate routine procedures to reduce complexity.

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.

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Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process.

How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level.

3 Limitations of e-Auctions and How to Overcome Them

ProcurePort

Did you know that reverse auction software can help you save 18 to 40% on addressable spend? Buyers are always looking for ways to reduce sourcing fees and the e-auction system provides such a platform.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us?

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How to Move Beyond Spreadsheets

SupplyPike

Excel can’t hold a flame next to the modern, cloud-based retail analytics platforms that are now available. Ready to dump spreadsheets once and for all? Excel offers virtually no advanced reporting capabilities or option to view the encompassing picture of your supply chain.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors.

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How to Design a Successful Apparel Supply Chain

Logility

Planners need to contend with inconsistent consumer buying behavior, the need to satisfy multiple channels, complex sourcing options and proliferating “sub-seasons,” collections and assortments. Here is a four-step approach to help you jumpstart your supply chain results.

Expert Explains How to Improve Supply Chain Efficiency

Supply Chain Opz

Over the years, supply chain professionals have been trying to improve supply chain efficiency so they can gain an edge over the competitions. One emerging way to combat demand variability is to locate (some) manufacturing closer to the customer.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. As a result, carriers will have less capacity and availability to handle unexpected surges in demand.

How to Find Business Opportunities Amid the Coronavirus Supply Chain Crisis

ToolsGroup

A common reaction seems to be to close shop, hoard toilet paper and canned goods and expect the worst. During each crisis, some companies retreated and waited for a clear sign to return to normal; other companies were able to “win in the turns”, as Gartner puts it. Each has had their share of success because they were savvy enough to not retreat and hide. The opposite result happened to one of my former employers.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

The upcoming Chinese New Year is on January 25, 2020, but the holiday shutdown can affect production times at China’s manufacturing companies for as long as two months as many workers travel back to rural villages to celebrate with friends and family. How should I prepare?

How to boost relationships between shippers and 3PLs

DELMIA Quintiq

This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. This is due to the diversification in the production schemes of manufacturers. How would that impact their current operations?

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Understanding the Importance of Strategic Sourcing

USC Consulting Group

Sourcing is a key component of your Supply Chain – perhaps the most important part. That’s where Strategic Sourcing comes into play. Are you getting the most out of your current sourcing vendor relationships? Back to top ?.

How to Leverage Digital Technology in the Supply Chain

Material Handling and Logistics

"The digital technologies hitting the marketplace today promise to make the changes in supply chain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business.

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How to Integrate with Industrial Internet of Things Technologies

Cerasis

As advances in technology make it more cost-effective to deploy IIoT, industries will need to acquire a strategic approach to integrating new sensor data with pre-existing data environments. Now, more than ever, industries are seeking simple integrations with controls, automation, and data analytics visualization software to harness the power of the Industrial Internet of Things and realize attractive operational and competitive benefits for their business.

How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

leaving money on the table due to poor inventory performance. But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months.

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How To Choose Transportation Mode In Logistics

Abivin

A company cannot function well without being able to ship products across the supply chain. It also allows companies to cross geographic lines between where products are produced and where they are consumed. To simplify this method, take a postal organizations for example.

Responsible sourcing and palm oil – a #ProvenanceLive recap

Provenance

In recent years, palm oil has been under the spotlight due to its impact on deforestation and biodiversity. We wanted to get a better understanding of where it comes from, how it’s farmed and what options are available to the cosmetics and food industries to have a more positive impact.

Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

Today in many executive boardrooms, the conversation often centers on how to improve the overall customer experience. Simply put, it’s a lot more expensive to get a new customer than it is to keep one. So how do you economically keep and grow existing customers?

How to Manage Global Supply Chain Relationships the Right Way

Supply Chain Opz

Companies are also recognizing they are no longer in direct competition with each other, but in a supply chain to supply chain based competition. It’s common to hear managers talking about having a strategic partnership with all or most of their suppliers.

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