Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all… General Supply Chain Management automotive supply chain coronavirus supply chain management supply chain 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. What is Single Sourcing or Sole Sourcing?

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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 decisions can complicate or simplify this process.

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. Healthcare Source-to-Contract

Bristlecone Industry-Specific Tactical Sourcing (BITS) Now Certified as an SAP-Qualified Partner-Packaged Solution for SAP Ariba

Bristlecone

MAY 7, 2020 – Bristlecone , the trusted partner in supply chain transformation, is pleased to announce that its Bristlecone Industry-Specific Tactical Sourcing (BITS) solution is now an SAP-Qualified Partner-Packaged Solution for SAP Ariba. Streamlines Sourcing Processes.

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

ivalua

New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing. One is the thought process around best-cost sourcing versus least-cost sourcing.

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.

Update on the Automotive Industry

Logistics Trends and Insights

The automotive industry has undergone quite the transformation from the days of Henry Ford and the Model T. There are five factors driving these changes in the industry, according to a PwC study which uses the acronym “easy” to explain what it calls “mobility of the future.”

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.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

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? in this case, responsible sourcing. Source Smarter. Source: Purina.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. As demand rides a rollercoaster in the last few months, huge adjustments have been asked from businesses in every corner of the world and sector.

How Big Data Analytics is Revolutionizing Sourcing Processes for Walter Charles III

Jaggaer

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. Sourcing with Big Data. We take shortcuts in our sourcing because of the constraints of Excel,” he says.

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? An important lever for modern organizations.

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. Her list of supply chain lies, which are re-quoted here, is nearly universal to all industries. Blog Strategic Sourcing Supply Chain

Proving sustainably-sourced ingredients in health and wellness foods

Provenance

Food brands have always recognised the importance of sourcing the right ingredients. Communicating sustainable sourcing at Balance Festival. Knowing the source of ingredients will only continue to increase in importance as market demands grow.

Getting Through the COVID-19 Crisis: Advice for Supply Chain and Logistics Professionals

Talking Logistics

Global Trade Industry Trends Supply Chain Risk Management coronavirus COVID-19 Descartes Systems Group global sourcing logistics supply chain

Steering innovation: The importance of agile decision-making in the auto industry

Kinaxis

The automotive industry is in the midst of unprecedented change driven by a trifecta of emerging technology, rapidly evolving consumption preferences and dramatically shifting business landscapes. by Manda Schweitzer-Miller.

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success.

What’s shaping the steel industry today?

DELMIA Quintiq

In recent years, the steel industry has seen creative solutions to long-standing challenges, emerging technologies, and niche market explorations – all of which are changing this traditionally conservative industry. The post What’s shaping the steel industry today?

Industry 4.0 in the Aftermath of Coronavirus

Enterra Insights

This crisis may be a tipping point for what’s likely going to be a strategic shift in where supply is sourced and products are assembled.”[1] As Tom Muth, a DELMIA Industry and Roles Portfolio Director, explains, “While most people are staying home during the COVID-19 pandemic, many are on the front line [including] manufacturers who are essential to society and doing their part helping to stop the global pandemic. Is Industry 4.0 He also believes Industry 4.0

Midstream Transportation Trends: The Future of Oil and Gas Industry

PLS Logistics

Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand.

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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. In the food service industry, you'll need equipment, furnishings, non-perishable supplies, and food supplies.

Industrial IoT: Supporters and Skeptics

Enterra Insights

As cool as those “things” are, the Industrial Internet of Things (IIoT) is more important for the economy. Jordan Appleson ( @jordanisonfire ), CEO at Hark, explains, “A subset of IoT is the Industrial Internet of Things which refers to creating interconnections between industrial equipment, facilities, personnel and processes. Appleson notes, “IIoT offers unprecedented opportunities for industrial businesses.

Blockchain for Responsible Sourcing – Where Does It Fit?

SupplyShift

The next-level security, transparency, and efficiency of blockchain technology will redefine many industries and business processes, especially those dealing with transactional data. It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry.

Supply chain pain points in the Aerospace and Defense industry

Kinaxis

For supply chains in the aerospace and defense industry, keeping pace with original equipment manufacturers (OEMs) who are dramatically increasing production rates for components, systems and services, is a major challenge.

Inventory Management in Service Logistics Industry

Talking Logistics

Not really because each industry is different, and so are organizations within the same industry and even different divisions within the same organization have their own unique drivers and constraints. Hence following so-called industry trends may not always yield targeted results.

Industry 4.0 comes into Clearer Focus

Enterra Insights

A few years ago, analysts from Source One wrote, “Many analysts would assert that the U.S. The post Industry 4.0 Artificial Intelligence Big Data Business Cognitive Computing Industry 4.0

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)

Supply Chain View from the Field

Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. The book relies on a series of prescriptive two by two matrices, that are further segmented into eight by eight matrices, that establish different typologies for supplier segmentation, The application of these frameworks to the universe of buyer-seller relationships I proposed (ostensibly) to lead to improved sourcing outcomes…for the buyer!

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

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. And the strategy has paid off: Where China saw industrial production plunge 13.5 Covid 19 Global Sourcing

Food Industry Delivery Trends!

Supply Chain Game Changer

Third-party delivery continues to grow as its usage increases across the restaurant and grocery industries. and are driving massive changes in the food delivery industry. The post Food Industry Delivery Trends! Subscribe Here! Email Address.

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Industry 4.0 getting whipped

Supply Chain Movement

The Schrödinger’s cat metaphor is surprisingly apt when thinking about supply chain’s evolution to Industry 4.0. In our utopian Industry 4.0 Eliminating the Bullwhip Effect is the essence of what Industry 4.0 My hope is that as Industry 4.0 The vision for Industry 4.0