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.

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?

Supply Chain Matters Founder Bob Ferrari to Speak at Intesource E-Sourcing Innovation Conference

Supply Chain Matters

Such trends include more rapid advances in the technology and software applications supporting sourcing and procurement business processes. On March 8-10, e-Sourcing technology provider Intesource will be hosting its 2015 InnovationBest Practices in Sourcing customer conference in Las Vegas. This week on the Intesource E-Sourcing Society blog, Bob is featured […]. The role and contribution by procurement to the business is changing rather rapidly.

End to End Supply Chain Visibility - Solving The Data Problem

simply seeing information in one place, aggregating data from multiple sources. the greatest opportunity for innovation. venture firm Innovation Endeavors, NEA, PSA Unboxed, DCLI, SAP.iO, and the. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM".

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.

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.

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.

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.

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.

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

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

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.

Are Mega Acquisitions Toxic for Product, Process and Supply Chain Innovation?

Supply Chain Matters

Consumer Goods Focused Supply Chain Food and Beverage supply chain High Tech and Consumer Electronics Supply Chain Procurement and Sourcing Product Lifecycle Management Supply Chain Strategy Supply Chain Technology implications of AB InBev acquisition of SABMiller implications of Dell acquisition of EMC Corp product innovation supply chain innovation Supply chain Matters blog

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.

Removing the 3 Barriers to Building a Predictive Supply Chain

Innovation barriers: There has been technology innovation in areas. Sourcing it from third-party sources is interesting and. IoT-sourced data offers exciting opportunities but in the shipping industry, there’s value within. multiple sources.

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.

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.

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.

Alcoa’s Proactive Acquisition and Product Innovation Efforts Are Paying Off

Supply Chain Matters

Aerospace Supply Chain Automotive Supply Chain Procurement and Sourcing Product Lifecycle Management Supplier Collaboration Alcoa Inc Ford F-150 supply chain integrating product innovation and supply chain strategy product innovation Supply chain Matters blog

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.

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.

A Tour of Healthcare Supply Chain Innovation in Action

Supply Chain Matters

According to a 2015 survey of hospital executives commissioned by Cardinal Health, services reimbursement followed closely by the increasingly higher costs of supplies are two of the biggest challenges facing these executives. Financial issues, drug shortages and efficiency of the overall organization follow as major concerns. One can notice a common theme among hospital executives […].

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.

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.

New Iterations and Larger Stakes in Supplier Based Innovation

Supply Chain Matters

In 2012, The Economist described the dawn of the Third Industrial Revolution, an era that would feature the digitization of manufacturing and the use of new, stronger and more innovative composite materials. Aerospace Supply Chain Manufacturing Strategies Procurement and Sourcing Product Lifecycle Management Supplier Management Airbus supply chain Boeing Supply Chain GE Aircraft supply chain General Electric supply chain Supply chain Matters blog

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.

Implementing Innovation and the Importance of Addressing Organizational Culture

Supply Chain Matters

There are important reminders that organizational attempts for implementing strategies of radical innovation are often stymied by inherent organizational culture. […]. Procurement and Sourcing Supply Chain Strategy Supply Chain Technology Supply Chain Transformation implementing process and product innovation Supply chain Matters blog We call Supply Chain Matters reader attention to a very insightful article: Culture Eats Strategy.

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.

Be more Strategic about Your Supply Chain Sourcing

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?

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!

A Commentary on Innovative Technology Provider No Longer

Supply Chain Matters

Procurement and Sourcing SAP Supply Chain Technology Supply chain Matters blogSupply Chain Matters provides an additional update regarding our commentary related to this year’s SAP Sapphire customer conference, one that is candidly disappointing.

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.

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.

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.