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

ivalua

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. What does this mean for procurement and supplier management?

3rd CEE Procurement & Supply Forum

Supply Chain Movement

3rd CEE Procurement & Supply Forum. Global sourcing and sourcing in Central-Eastern Europe (CEE) has long been state of the art for international companies. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum. Download the brochure>> Register now >> Events BME CEE Central Europe Eastern Europe event Forum innovation logistics Procurement sourcing supply chain

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Supplier Diversity in Logistics!

Supply Chain Game Changer

Supplier Diversity in Logistics article and permission to publish here provided by Kevin Jessop at cerasis.com. Overall, better relationships and supplier diversity in logistics lead to wealthier and more profitable opportunities. The post Supplier Diversity in Logistics!

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. This dispute presents a classic Battle of the Forms example.

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing.

Procurement Outsourcing – Keep your Integrity!

Supply Chain Game Changer

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. Procurement typically negotiates deals for other functions like I/T, HR, Manufacturing and every other area in the company. When selling Procurement Outsourcing services you need to have a lot of credibility to begin. Subscribe Here!

Technologies that Impact Procurement

Claritum

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate. 2 Technologies and Procurement Table. Supply chain alternative routing or sourcing. Sourcing.

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. Subscribe Here! Email Address.

5 Procurement Questions for Santa

Jaggaer

After pulling a few strings, we managed to catch Santa on one of his few coffee breaks at this busy time of year to fire five burning questions at the reigning world champion in procurement. To get a grip on all the orders, I use JAGGAER, a globally recognized for procurement optimization. I especially use the solutions for complex logistics: Vendor Managed Inventory, call-off, Kanban, and more. We have a special strategy for such single-source suppliers.

How Many Slaves Are in Your Supply Chain?

Talking Logistics

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.” appeared first on Talking Logistics with Adrian Gonzalez.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers.

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

KPI 40

Our 2020 Top 10 List Part 2!

Supply Chain Game Changer

The site is viewed as a key influencer platform in the arenas of Supply Chain, Logistics, Procurement and Management. It is a must read place source for Professionals, Students and Experts alike. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

eBook 52

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. The Google Robot, Your Future Logistics Worker.

3PL 206

It’s All About the Logistics

Enterra Insights

Sun Tzu, the famous Chinese general, military strategist, writer, and philosopher who lived in the 6th century BC, wrote, “The line between disorder and order lies in logistics.” He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] Today, logistics and fulfillment [are] the underpinning[s] of any successful supply chain management processes, be it in the business or consumer markets.”

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address.

SCM 84

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

Supply Chain Scams and Fraud!

Supply Chain Game Changer

Source: bestbusinesscircle.com. As stated by Wikipedia : he Fraud Triangle describes three factors that are present in every situation of fraud: Motive (or pressure) – the need for committing fraud (need for money, etc.); Subscribe Here! Email Address.

eBook 56

The Great Gap Year of 2020

Bristlecone

Last Node of the Supply Network: Gain visibility into the last level of the supply node in the case of single or multi-sourcing. Multi-sourcing, for the sake of it, does not mitigate risk. Businesses must evaluate if different supply sources can be traced back to the same source.

Fit for Growth 2016

Supply Chain Movement

In cooperation with the companies Dräxlmaier and Stabi lus, the Association for Supply Chain Management, Procurement and Logistics (BME) is organizing the first German-Romanian Supplier Dialogue Fit for Growth on 24 November 2016 in Bucharest, Romania. You are invited to discuss the latest developments in the industry and meet with buyers from Dräxlmaier and Stabi lus – as well as procurement professionals from other German companies. Services, logistics & packaging.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

Other data sources, however, suggest the market is in good balance. When that day came, when truckload capacity tightened, I reached out to the logistics executive to see what happened: “The jury is still out on whether our strategy has worked or not,” the logistics executive told me. “We We’ve produced several Talking Logistics episodes related to transportation procurement (see links below), with each guest providing great insights and advice on the topic.

A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. Stuart Whiting, who today serves as Schneider Electric’s senior vice president for logistics and network design, arrived at the company five years ago. The company’s array of WMS software presents a particular challenge.

7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. One example is in the world of out-sourced software development. Corporate values are the “persona” that is presented on a daily basis by the company(ies) and how it engages in and around itself. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing. Subscribe Here! Email Address.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

SCM 189

Seasoned Leadership in Action™ – An Interview with Bronwen Hann, President at Argentus

Supply Chain Game Changer

We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain. We recognized the emergence of contingent staffing (contract) within Procurement and Supply Chain several years before a few others, and expanded our business to service that area. Consumers are rightly demanding to know exactly where their products are coming from, and whether they’re ethically sourced.

Blockchain Comes to the Freight Industry

Supply Chain Brain

At the outset, BiTA was aimed primarily at the trucking industry, but the initiative was quickly expanded to embrace other partners in the freight business as well, including freight forwarders, customs brokers, non-vessel operating common carriers and logistics service providers. In fact, he adds, no more than a dozen members of BiTA are involved in an ICO at present. Global Trade Management Sourcing/Procurement/SRM SC Planning & Optimization Home Page Latest News Home Page Slide

Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

Cerasis

Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. In other words, the technology will continue to present challenges until its use becomes a standard in global and domestic trade. Use for transparency and traceability for buyers, marketplaces, sellers, and consumers, unifying the history of a product from procurement to end-users, as well as throughout returns, if necessary. Blockchain E-Commerce Logistics

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. Coyote Logistics @CoyoteLogistics Coyote Logistics prides itself on its innovative logistics and supply chain philosophy.

Lars Syberg : “Taming Tigers’ supply chain is a real challenge”

Supply Chain Movement

It is present in 21 countries, has over 325 stores, and over the last five years sales have grown 40% per year, reaching DKK 1.75 I’ve been setting up a simple S&OP process that involves the expansion, procurement, finance and supply chain departments. Changes in demand and lack of visibility in logistics could easily create a bottleneck. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

Recently, the Supply Chain Club in the Poole College of Management featured a presentation by IBM Vice President Steve Rogers from IBM, discussing how BlockChain represented a new opportunity to drive trust between parties in the end to end supply chain.Believe block chain will change our lives. Critics are concerned that IBM will corner the market, although they have maintained an open source approach.

SCRC Student Project Lineup Off to a Great Start…

Supply Chain View from the Field

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations. We will have speakers from John Deere, Excel Logistics, GSK, NSA,, and others coming in this semester. A final presentation reflecting the final outcome of the experience will be made in class.

SCM 65

Seasoned Leadership in Action? ? An Interview with Joe Carson, CEO Spend Strategies, LLC!

Supply Chain Game Changer

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. Creating clear and compelling presentations. Subscribe Here! Email Address.

Embracing the Macro Growth in Micro Supply Chains

CH Robinson Transportfolio

This rapid growth is presenting new challenges for stakeholders across the grocery and perishables industry and fresh opportunities to capture additional market share. . I joined Talking Logistics’ host Adrian Gonzalez recently to discuss the growth in fresh and grab-and-go products, and how micro supply chains are utilized for the “I want it now” requirements of today’s ecommerce shoppers. Impact on transportation and logistics.

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A “Swiss Army Knife” of Supply Chain Talent Requirements: Views from a Former Wolfpack Student

NC State SCRC

Relationship management, data modeling, problem solving, sourcing analysis, negotiation, data-driven decision-making, metrics development, forecasting, process flow, BOM understanding, MRP/production schedule, Pareto analysis, and information presentations are all key skills that he applies in his CPO role. In supply chain, you can focus in procurement, sourcing, inventory control, logistics, and other off-shoots that occur on a daily basis.

Sustainable Luxury:  Managing Social and Environmental Performance in Iconic Brands (BOOK REVIEW)

Supply Chain View from the Field

While the book presents a diverse set of perspectives, I found it difficult to find a cohesive theme linking the different chapters together. There is an interesting case study comparing Ikea and Finlayson, two major companies, and their focus on sustainable sourcing. Corporate Social Responsibility Design for Supply Chain Labor and Human Rights in the Supply Chain Luxury Brands Procurement Sustainability Retail Logistics Sustainability