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Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process. MORE
The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. MORE
However if your company needs to reduce manufacturing lead times, streamline inventories, boost efficiency, make the right promises to your customers, and all of this at the same time, you need to challenge this status quo. “I do not need a Production Scheduling solution!”. MORE
COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price. MORE
Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy. MORE
Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain. Gravity’s technology helps mitigate risk. MORE
I think everyone would agree that manufacturing represents the best of us – infusing the economy with good jobs, good pay, and a path to a secure future for millions of Americans. Why is it so hard for manufacturers to meet this demand? manufacturing sales. MORE
For many years the predominant priority in sourcing has been finding the lowest cost possible. However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. Subscribe Here! MORE
Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing? MORE
And it all begins with sourcing. You can’t manage your sourcing without data, and that requires a single source of truth – a repository for all types of audits and scores. Sourcing management for strategic outcomes. 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
In our pandemic research, we interviewed thirty manufacturers. To gain insights, we interviewed Alexandros Skandalakis, Director of Manufacturing Capacity, reporting to operations/manufacturing globally within Philip Morris. A member of my team is a member of global sourcing. MORE
It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale. 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
Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte. MORE
Given the nature of today’s global supply chain environment, how can companies overcome the delay of the manufacturing and delivery of products MORE
Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution MORE
Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future. factory selection sourcing supply chain management Contract Manufacturer supply chain RFQ MORE
It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale. MORE
One might assume that artificial intelligence can be easily applied to industrial manufacturing. This is unfortunately not the case MORE
Manufacturers across industries are facing overwhelming volatility due to the coronavirus pandemic, the effects of which are still impacting the global market and supply chains, regulations, customer expectations and more. So, how can manufacturers begin to future-proof their operations? MORE
3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] The post Global Supply Chains — A Source of Strength first appeared on Enterra Solutions. MORE
Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value. MORE
Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value. MORE
I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. Recent business turbulence has certainly increased the awareness among manufacturers for improved communication and collaboration with suppliers. MORE
The food and beverage industry is the most important player in South Africa’s manufacturing industry, contributing approximately R85 billion a year to South Africa’s manufacturing sector. The post Traceability for manufacturers today appeared first on SYSPRO Blog. MORE
Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs MORE
Most of the large companies have developed pan-European sourcing strategies and gone are the days when each individual region or even country had its own small “local for local” factory operations. This means that tea maybe sourced from Russia for EU countries but olives are imported from EU into Russia, for example. Organisations with local manufacturing operations may well keep the Russian market supplied without hindrance and with little impact on cost and efficiency. MORE
Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team. MORE
There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. MORE
Is your manufacturing business not operating to the levels you’re expecting? As a manufacturing company, how will you ensure you attain efficiency? This post will discuss tips you can adopt to attain manufacturing business efficiency. Minimize Manufacturing-related Wastes. MORE
Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. With the right application of intelligent technologies, manufacturers and supply chain partners can more easily make proactive decisions, like diverting vessels and making other route changes. MORE
The Supply Chain Matters blog highlights recent manufacturing milestones achieved by electric auto and truck maker Tesla. Manufacturing output amounted to 305,407 vehicles. MORE
Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. MORE
The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. manufacturing and supply network capability as-well. MORE
Manufacturing & Logistics IT
NOVEMBER 16, 7180
Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution
Logility
MARCH 17, 2022
And it all begins with sourcing. You can’t manage your sourcing without data, and that requires a single source of truth – a repository for all types of audits and scores. Sourcing management for strategic outcomes.
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Dragon Innovation
MARCH 27, 2020
Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future. factory selection sourcing supply chain management Contract Manufacturer supply chain RFQ
Logility
APRIL 20, 2022
Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.
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Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.
DELMIA Quintiq
MAY 11, 2021
However if your company needs to reduce manufacturing lead times, streamline inventories, boost efficiency, make the right promises to your customers, and all of this at the same time, you need to challenge this status quo. “I do not need a Production Scheduling solution!”.
LevaData
APRIL 26, 2022
It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale.
DELMIA Quintiq
OCTOBER 11, 2021
Manufacturers across industries are facing overwhelming volatility due to the coronavirus pandemic, the effects of which are still impacting the global market and supply chains, regulations, customer expectations and more. So, how can manufacturers begin to future-proof their operations?
QAD
APRIL 22, 2021
Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.
Enterra Insights
APRIL 27, 2021
3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] The post Global Supply Chains — A Source of Strength first appeared on Enterra Solutions.
EC Sourcing Group
DECEMBER 1, 2021
Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.
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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!
QAD
JULY 13, 2021
I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. Recent business turbulence has certainly increased the awareness among manufacturers for improved communication and collaboration with suppliers.
EC Sourcing Group
JUNE 8, 2021
Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.
Talking Logistics
MARCH 27, 2013
The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.
LevaData
APRIL 26, 2022
It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? The Role of Data in Sourcing Success It's difficult to source and buy direct materials at scale.
EC Sourcing Group
SEPTEMBER 2, 2021
Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.
DELMIA Quintiq
JANUARY 27, 2020
Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. With the right application of intelligent technologies, manufacturers and supply chain partners can more easily make proactive decisions, like diverting vessels and making other route changes.
Talking Logistics
APRIL 13, 2020
Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing?
Supply Chain Game Changer
APRIL 25, 2022
Is your manufacturing business not operating to the levels you’re expecting? As a manufacturing company, how will you ensure you attain efficiency? This post will discuss tips you can adopt to attain manufacturing business efficiency. Minimize Manufacturing-related Wastes.
Supply Chain Matters
MARCH 29, 2022
The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. manufacturing and supply network capability as-well.
SYSPRO Smarter ERP
FEBRUARY 16, 2022
The food and beverage industry is the most important player in South Africa’s manufacturing industry, contributing approximately R85 billion a year to South Africa’s manufacturing sector. The post Traceability for manufacturers today appeared first on SYSPRO Blog.
Supply Chain Shaman
MARCH 16, 2021
In our pandemic research, we interviewed thirty manufacturers. To gain insights, we interviewed Alexandros Skandalakis, Director of Manufacturing Capacity, reporting to operations/manufacturing globally within Philip Morris. A member of my team is a member of global sourcing.
Supply Chain Game Changer
JANUARY 18, 2022
For many years the predominant priority in sourcing has been finding the lowest cost possible. However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. Subscribe Here!
Logistics Bureau
APRIL 20, 2020
COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price.
Supply Chain Brain
OCTOBER 27, 2021
Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs
Gravity Supply Chain
FEBRUARY 27, 2020
Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain. Gravity’s technology helps mitigate risk.
SYSPRO Smarter ERP
OCTOBER 11, 2021
There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics.
EC Sourcing Group
JUNE 17, 2020
Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process.
Supply Chain Matters
APRIL 11, 2022
The Supply Chain Matters blog highlights recent manufacturing milestones achieved by electric auto and truck maker Tesla. Manufacturing output amounted to 305,407 vehicles.
Enchange Supply Chain Consultancy
SEPTEMBER 24, 2014
Most of the large companies have developed pan-European sourcing strategies and gone are the days when each individual region or even country had its own small “local for local” factory operations. This means that tea maybe sourced from Russia for EU countries but olives are imported from EU into Russia, for example. Organisations with local manufacturing operations may well keep the Russian market supplied without hindrance and with little impact on cost and efficiency.
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.
EC Sourcing Group
JANUARY 11, 2021
Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy.
Maine Pointe
APRIL 12, 2022
Given the nature of today’s global supply chain environment, how can companies overcome the delay of the manufacturing and delivery of products
The Supply Chain Journal
MAY 3, 2021
I think everyone would agree that manufacturing represents the best of us – infusing the economy with good jobs, good pay, and a path to a secure future for millions of Americans. Why is it so hard for manufacturers to meet this demand? manufacturing sales.
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