Supplier Ecosystems as a Source of Innovation

Supply Chain @ MIT

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.

[INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing

Cerasis

We have an employment skills gap , an uncoordinated approach to nurturing innovation, and an export imbalance. government is following suit by establishing a network of manufacturing innovation hubs throughout the country. The NNMI is the infrastructure for the innovation network.

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.

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?

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

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.

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. The spark from Invention to Innovation is slow.

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

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. Contract Management Customer Relationship Management Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Management

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. But what will be the true source of innovation? In effect, procurement data on supply market technologies serves as the catalyst that drives the innovation process.

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published last week , “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation.” Customer Experience: A Bigger Focus for High-Performing and Innovator Companies.

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. 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. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. Image source: Peapod. An interview with Daniël van Gool at Peapod.

Enabling Innovation Groups To Sell More Effectively to Operations Leaders

ThroughPut

We do it throughout entire industries, enabling leaders to smooth-out their Supply Chains, lean-out their Logistics, optimize their Operations, and maximize their Manufacturing throughput, all with their existing teams and often disaggregated data sources. Don’t give Innovation Groups budgets.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. Image source: Peapod. An interview with Daniël van Gool at Peapod.

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.

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. Supplier bases are a great source of potential innovation.

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.

Insights from Ryder Innovate 2014

Talking Logistics

Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Source: “Advances & Best Practices in Supply Chain Design,” Toby Brzoznowski, LLamasoft, Ryder Innovate 2014.

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!

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. So just how strategic are you when it comes to sourcing transportation capacity?

Unlocking Innovation from Your Supply Chain – Lessons from Formula 1 Racing

ivalua

The theme of the evening was “Unlocking Innovation from your Supply Chain” with presentations and discussion focused on insights, knowledge sharing and learning from the F1 Grand Prix Pit Stops. Alex Saric, Ivalua’s CMO, describing the tangible financial impacts of supply chain innovations.

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.

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.

Top 10 Supply Chain Innovations of 2018

Material Handling & 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. Source ID. Source ID. Source ID. Source ID.

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

Source: The Daily Dot. These are some of the innovative blockchain startups trying to solve real-world supply chain and logistics problems that I’ll be keeping my eye on in 2018. The global logistics market is predicted to reach US 15.5 trillion in 2023.

Why is Blockchain the Next Big Thing in Supply Chain Innovation?

AFFLINK

Blockchain is well on its way to be the next big thing in supply chain innovation. Blockchain is already coming to high-resource fields, such as mining where precious metals and precious gems need to be systematically tracked and sourced. Improve the visibility of sourcing.

U.S. Apparel Imports on the Decline – Reshoring, Innovation or Both?

Logistics Trends and Insights

But, as noted by McKinney, the problem is that most of the established fashion players are beset with slow commercial processes and legacy supply-chain and sourcing setups and thus struggle to keep up with more nimble competitors. Is it or isn’t it?

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. We know innovation is important, it’s what moves us forward.

QAD Cloud ERP 2019 and Other Solution Innovation Highlights

QAD

The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing business environments. The post QAD Cloud ERP 2019 and Other Solution Innovation Highlights appeared first on QAD Blog.

SIG Webinar on Procurement Analytics and Innovative Data Leveraging

Supply Chain View from the Field

I will be leading a webinar with the Sourcing Interest Group next Nov. In particular, there is a noticeable gap between procurement executives’ explicit intentions of driving value for the business, and documented results as they pertain to improved engagement with internal business groups, ability to drive innovative analytical tools, and the resulting gap in alignment with business strategy. 12 at 2 PM, based on a study I have been working on with some folks at IBM.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Source: Lennox. Innovative Technology.

Transportation Innovation 2018

EFT

Tompkins International (Tompkins) recently led a two-hour workshop on logistics technology innovations. over 2010 (Source: US Commerce Department). In May 2018 unemployment dropped to 3.8% (Source: Bureau of Labor Statistics), with the addition of 223,000 new jobs.

Small Business Manufacturing in America: Innovate, Design, Develop and Manufacture

Supply Chain View from the Field

Category Management Design for Supply Chain Organizing for Supply Chain Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Innovation I had a remarkable interview with a medium sized supplier today, that has truly found a business model which I believe holds a promise for a new industrial revolution in North America.