Expert insights. Personalized for you.
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. MORE
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! MORE
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. MORE
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. As is well known, procurement generates massive volumes of data. MORE
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. MORE
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. MORE
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. MORE
We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. As demand rides a rollercoaster in the last few months, huge adjustments have been asked from businesses in every corner of the world and sector. MORE
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. MORE
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. MORE
Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. Subscribe Here! MORE
What does Procurement mean? However, this is somewhat of an oversimplification of what the modern, best in class procurement organizations do for the larger business or organization. Procurement can and should be a significant value generator for the larger organization. MORE
Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean. Subscribe Here! MORE
What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Contemporary business procurement has evolved and is now largely value-driven. MORE
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 MORE
has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. They have significant experience in working in remote and often environmentally hostile regions of the world, where logistical constraints create myriad challenges. MORE
5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. MORE
But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. MORE
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 MORE
For management, one of the most critical aspects of shipping and inventory management is the concept of procurement in freight. Freight capacity procurement, therefore, focuses on how much load space or capacity is available on a railroad car, truck or van, vessel, or aircraft. MORE
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Procurement Supply Chain Planning MORE
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? MORE
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. MORE
Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. MORE
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. MORE
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. MORE
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 MORE
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 […]. MORE
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 MORE
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 MORE
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. MORE
Explore smart automation for procurement spend categories like logistics, direct materials, indirect materials, packaging and more MORE
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? MORE
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 MORE
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! MORE
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. Chief Procurement Officer. MORE
ivalua
AUGUST 17, 2021
What does Procurement mean? However, this is somewhat of an oversimplification of what the modern, best in class procurement organizations do for the larger business or organization. Procurement can and should be a significant value generator for the larger organization.
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. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean. Subscribe Here!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
Supply Chain Game Changer
OCTOBER 29, 2020
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.
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
Supply Chain Brain
JUNE 30, 2021
Explore smart automation for procurement spend categories like logistics, direct materials, indirect materials, packaging and more
EC Sourcing Group
SEPTEMBER 2, 2021
Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing.
Logistics Viewpoints
APRIL 1, 2021
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Procurement Supply Chain Planning
GlobalTranz
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
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!
EFT
MAY 1, 2020
We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. As demand rides a rollercoaster in the last few months, huge adjustments have been asked from businesses in every corner of the world and sector.
|
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.
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.
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?
Logistics Bureau
FEBRUARY 15, 2021
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. Chief Procurement Officer.
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.
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.
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.
EC Sourcing Group
APRIL 27, 2021
5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers.
Supply Chain Game Changer
FEBRUARY 11, 2021
But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist.
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.
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
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
The Supply Chain Journal
APRIL 6, 2021
For management, one of the most critical aspects of shipping and inventory management is the concept of procurement in freight. Freight capacity procurement, therefore, focuses on how much load space or capacity is available on a railroad car, truck or van, vessel, or aircraft.
Unleashed
MARCH 9, 2021
What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Contemporary business procurement has evolved and is now largely value-driven.
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 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 […].
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.
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.
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 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. Subscribe Here!
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
GlobalTranz
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
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. As is well known, procurement generates massive volumes of data.
ivalua
MAY 11, 2021
has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. They have significant experience in working in remote and often environmentally hostile regions of the world, where logistical constraints create myriad challenges.
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.
52 
Let's personalize your content