HWI Unleashes Continuous Innovation

Logistics Viewpoints

They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. HWI uses an innovative way to produce and deliver monolithic products in 55-pound bags.

Amazon Supply Chain Innovation Continues

Logistics Viewpoints

Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. According to sources, the incubator is not about tackling the challenges of today’s capacity crunch.

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Oracle’s Point of View on Continuous Innovation

Logistics Viewpoints

Executives from HarbisonWalker International are talking about how their broad implementation of Oracle Cloud applications allowed them to unleash continuous innovation. Jeff and I discussed the concept of continuous innovation. Jeff Stiles is the VP Solutions Marketing at Oracle.

Sourcing capacity, finding freight don’t have to take all day

The Supply Chain Journal

Most innovative solutions are inspired by seemingly insurmountable problems. News Trucking digital freight matching Evotrux freight technology Innovation Technology visibility visibility technologyVisibility solutions eliminate incessant check calls.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

Customer Service: The Source of Supply Chain Innovation

The Logistics of Logistics

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Customer Service: The Real Source of SCM Innovation. That’s what drives change, innovation and, ultimately, success. H ow You Can Drive SCM Innovation in Your Business. What suggestions do you have for improving customer support that drives SCM innovation?

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.

Supplier Ecosystems as a Source of Innovation

MIT Supply Chain

These challenges were discussed by senior supply chain executives from a wide range of industries at MIT CTL’s Supply Chain Innovation Roundtable, San Jose, CA, December 3rd, 2015. Featured Innovation Flex flexible electronics Internet of Things MIT CTL Supply chain innovation Uber wearables technologyThe Internet of Things (IoT) is increasing the need to look beyond the enterprise’s four walls to keep pace with fast-changing markets.

Open Source Helps SMBs with B2B

Descartes

Thanks to open source, B2Bs can now address back office functions. B2C has shown innovation and omni-channel initiatives that it is slowly grabbing the spotlight from B2B. Open source can make all the difference for SMBs to satisfy both their suppliers and customers. In order to thrive in eCommerce, they need an open source B2B commerce platform. From a technology standpoint, an open source eCommerce platform is the best option for SMBs.

How Procurement can help to drive Supplier-led innovation

ivalua

This means companies are under more pressure than ever to innovate at pace. As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms.

America Needs a Tune-up for Its Innovation Engine

Enterra Insights

For a century or more, the United States has been known as one of the most innovative countries on Earth. Mir Sadat ( @Dr_Sadat_USN ), a former National Security Council Policy Director, observes, “From health care to finance, education to navigating space, agriculture to climate research, and from Hollywood to the Pentagon, innovation has been America’s lifeblood.”[1] ”[3] China is trying to do just that, while the American innovation engine sputters.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! 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. Lead by innovation. Subscribe Here!

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. These are the must-haves for any effective freight sourcing team. Subscribe Here! Email Address.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. Christensen’s concept is that businesses will reject innovation based on the fact that the customer cannot currently use the innovation delaying the adoption of great ideas. The spark from Invention to Innovation is slow. Invention into Innovation in Planning.

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics. Press Release Transportation Award Chainalytics freight sourcing ocean procurement sourcing optimization Transportation Procurement transportation sourcing Truckload procurement

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Source ID.

Supplier Co-Innovation: The Next Source for Economic Growth

NC State SCRC

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring. But what will be the true source of innovation? Seek the right suppliers for the innovation project.

Innovative Approaches to Supply Chain Risk

Kinaxis

This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. Adding to this challenge is the reluctance of suppliers to share their sources with their customers for competitive reasons. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee Productivity

ivalua

New platform release features a broad set of enhancements across Ivalua’s complete Source-to-Pay suite, including deep integration with Amazon Business. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Specific release highlights include: Supplier Management Innovations: . Sourcing Innovations: .

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.

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. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. Done well, strategic sourcing creates measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

Hilarious Sourcing Videos

NC State SCRC

I had an opportunity to watch some hilarious sourcing videos recently that I discovered on a sourcing blog by Citro Strategy. She claims that this is a “test”, an incentive to try to innovate and bear all the costs, with the somewhat vague referral to future business that may or may not occur. Contract Management Customer Relationship Management Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Management

Insights from Ryder Innovate 2014

Talking Logistics

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014.

Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Logility and New Generation Computing Launch Supply Chain Traceability Solution Documenting Chain of Custody from Cotton Source to Importer of Record

Logility

Blockchain Allows Brand Owners and Retailers to Trace Source Materials Ahead of Pending U.S. In addition, we see broad applicability across many industries as consumers demand greater visibility and understanding of where products are sourced and manufactured.”.

How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Traditional notions of innovation are often that innovation is to be driven forward by the internal structure of an organization (Olsson 2017). Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

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!

Innovating Spare Parts Logistics

Logistics Trends and Insights

In terms of industry value, a 2014 Deloitte study highlighted two major areas of influence for 3D printing in automotive applications: as a source of product innovation and as a driver of supply chain transformation. By Ian Kerr, The Postal Podcas t and Cathy Morrow Roberson. 3D printing is revolutionizing the way spare parts is managed. Typically an expensive part of the supply chain, the management is often based on ‘just-in-time’ deliveries in order to keep inventory levels low.

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.

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

ivalua

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices.

Innovate to Survive—Isn’t That Already the New Norm?

Kinaxis

by Alexa Cheater Innovate to survive. Mode two is about innovation and growth, and the point was made in a number of sessions that you need to do both if you want to excel. You’ve likely already embraced this era where innovation across all facets of life has exploded and become ordinary. To me, innovation, aka what’s driving mode two of Gartner’s bimodal supply chain model, is already intertwined in our day-to-day lives.

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

SCM Research

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. On the one hand, traditional supply management based on supply base reduction and coordination will compensate global sourcing’s drawbacks, such as longer distances and socio-economic, cultural differences.

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

ivalua

The release features a broad array of innovations to empower customers to better manage their spend and suppliers. Specific release highlights include: Sourcing Decision Center (SDC) – Ivalua’s Sourcing solution now includes intuitive and powerful sourcing optimisation capabilities.

Innovation Begins With A Question

ivalua

Innovation is a difficult subject for many organizations. Some companies try to radically innovate, while others take an incremental approach. Some will look to outside sources for solutions and inspiration, whereas some tap into the knowledge that exists within the organization.

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. A strategic approach to obtaining what you need to keep your business and products moving—whether you’re sourcing raw materials, manufactured accessories, or transportation capacity—can help avoid unforeseen disruptions and create a competitive advantage in today’s changing market.