Supply Chain Game Changer

APRIL 28, 2020

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. 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? procurement #purchasing #sourcing.

Sourcing 62

Sourcing Quality Automotive Supply Chain Disruption 62

CHAINalytics

JUNE 24, 2019

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

Atlanta 60

Atlanta Procurement Global Supply Chain 60

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Sourcing agents are an effective way of finding the most suitable supplier. Who is a Product Sourcing Agent? Why Get a Product Sourcing Agent? Subscribe Here!

Sourcing 60

Sourcing Quality Asia eBook 60

Logistics Viewpoints

OCTOBER 15, 2015

The logistics marketplace is dynamic and demands attention to truly optimize and enable strategic advantage. Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. There is a need, a growing need to drive better performance and outcomes from sourcing events. Procurement/Sourcing Transportation Transportation Management Systems transportation sourcing

Procurement 195

Procurement Transportation Strategy Company 195

Cerasis

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. Logistics

Logistics 259

Logistics Procurement Third Party Logistics Manufacturing 259

Talking Logistics

APRIL 29, 2015

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing 186

Sourcing Transportation Strategy Shipping 186

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division.

Procurement 76

Procurement Sourcing Video Quality 76

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Sourcing 125

Sourcing Transportation Jacksonville Georgia 125

ivalua

JANUARY 29, 2020

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. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. . The post Speed, Collaboration and Innovation – Key Words for the New Procurement Decade appeared first on Ivalua.

Procurement 142

Procurement Innovation Automotive Food 142

Supply Chain Game Changer

JULY 3, 2019

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? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions. in this case, responsible sourcing. Source Smarter. Source: Purina. Source: Nestlé. procurement #sourcing #purchasing.

Sourcing 61

Sourcing Sustainability Colombia Bangladesh 61

EFT

MAY 1, 2020

We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. In the longer term he says they are focused on “Diversification of sourcing, reducing the dependence of single-source suppliers, and developing relationships with the key partners or IT [vendors] … and invest like no other into demand planning and control towers to give us the most fine-tuned information,” and ability to start making “crystal-ball like” predictions.

Sourcing 65

Sourcing Procurement Inventory Apparel 65

Logistics Viewpoints

JULY 1, 2019

There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. Supply Chain Planning Satellite imagery

Sourcing 113

Sourcing Sustainability Procurement Data 113

Gravity Supply Chain

FEBRUARY 21, 2020

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Sourcing 40

Sourcing Supply Chain Disruption Predictive Analytics Apparel 40

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

Procurement 186

Procurement Freight Chicago New York City 186

Supply Chain Opz

JANUARY 19, 2015

Strategic Sourcing has been used by companies of all sizes for years. Professor Schoenherr is the expert in procurement and decision making and he will provide some guiding principles that practitioners can use to create more sustainable competitive advantage. This commentary highlights some of the key principles to strategic sourcing. However, priority is always given to cost cutting initiatives.

Sourcing 126

Sourcing Michigan Sustainability Resources 126

Supply Chain Movement

AUGUST 18, 2016

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

Czech Republic 60

Czech Republic Procurement Europe Global 60

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Sourcing 54

Sourcing Bolivia Indonesia Russia 54

Supply Chain Game Changer

OCTOBER 7, 2020

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!

Logistics 56

Logistics eBook Transportation Sourcing 56

Logistics Viewpoints

SEPTEMBER 12, 2014

We’ve written a lot about the truck driver shortage here at Logistics Viewpoints and the impact that this could have on the global supply chain moving forward. Consumer Packaged Goods (CPG) Food & Beverage Industry Global Trade Procurement/Sourcing Retail This Week in News Often times we forget about, or simply don’t think about, everything and everyone that makes it possible for us to get the goods we desire. The shortage could […].

Logistics 159

Logistics Beverage Packaging Supply Chain 159

Cerasis

NOVEMBER 28, 2016

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. Procurement

Procurement 217

Procurement Indiana Third Party Logistics 3PL 217

Logistics Bureau

NOVEMBER 18, 2020

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Sourcing. Strategic Sourcing Manager. Procurement Specialist/Manager.

Reverse Logistics 68

Reverse Logistics Procurement Capacity Supply Chain 68

Supply Chain Game Changer

FEBRUARY 16, 2020

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 48

Procurement Sweden Guidelines Sourcing 48

SCM Research

OCTOBER 20, 2011

Emerging markets have been playing an important role in sourcing activities. Rapid growth has raised their value in world trade as both sourcing regions and sales markets. Procurement companies that are sourcing in emerging markets realize great opportunities and competitive advantages. However, procurement companies face challenges and risks in emerging markets. Practice Procurement Report Supply Chain Management

Procurement 110

Procurement Sourcing Sustainability Study 110

Logistics Viewpoints

JUNE 20, 2016

Logistics Technologies Mobile Technologies Procurement/Sourcing RFID & AIDC Supply Chain Visibility Track and Trace Transportation Management Systems Bitcoin blockchain IBM tenderingBuilding unbreachable supply chain applications is virtually impossible. So it was with great interest that I listened to how blockchain technology could be used to create robust tendering and visibility that can be wholly trusted.

Supply Chain 162

Supply Chain Sourcing Supply Chain Visibility Procurement 162

Logistics Viewpoints

JUNE 14, 2016

We’re here to report that the anchoring effect is alive and well in almost every transportation procurement decision. Guest Commentary Procurement/Sourcing Statistics data-driven market intelligence logistics procurementData models provide insights, but humans make decisions, and those decisions are not always rational.

Research 135

Research Report Transportation Supply Chain 135

Logistics Viewpoints

JULY 5, 2016

Global Trade Logistics Trends Procurement/Sourcing Supply Chain Network Design Brexit supply chain networks tax reform U.S. Brexit will have a minimal impact on global supply chains. The U.S. presidential election could have a much bigger impact. And changes in EU tax enforcement, the most of all. presidential election

Global 150

Global Supply Chain Sourcing Procurement 150

Supply Chain Game Changer

NOVEMBER 23, 2018

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!

Procurement 54

Procurement Analysis Case Study Company 54

Supply Chain Game Changer

NOVEMBER 6, 2018

Yet the lack of attention and focus that Indirect Procurement is often given is inconsistent with the true importance of this area. Indirect Procurement takes a back seat to Direct Procurement unfortunately. But it is time for Indirect Procurement to stand up and be counted! The Importance of Indirect Procurement! Indirect Procurement is referred to by many different names. It might be called Non-Production Procurement or MRO for instance.

Procurement 61

Procurement Resources Company Government 61

Cerasis

FEBRUARY 27, 2017

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

Sustainability 224

Sustainability Logistics Packaging Lean 224

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau.

Sourcing 52

Sourcing Bangladesh Sustainability China 52

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.

Procurement 57

Procurement Sourcing Survey Data 57

Supply Chain Game Changer

NOVEMBER 17, 2018

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course! I have been in the Procurement organization trying to get our arms around spend. This may be the head of Procurement, the CFO, the COO or the CEO. Subscribe Here! Email Address.

Procurement 58

Procurement How To Policies Course 58

Jaggaer

MARCH 23, 2020

And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations.

Analytics 53

Analytics Procurement Data Analysis 53

Claritum

MAY 12, 2019

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.

Procurement 34

Procurement Internet of things Security Comparison 34

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations.

Software 52

Software Procurement Tools Forecasting 52