Supply meets demand: New sourcing automation solution targets ocean freight procurement

Manufacturing & Logistics IT

Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution

Empower Better Sourcing Decisions with a Digital Supply Chain Platform  

Logility

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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How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

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

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

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.

Supply Chain Network Design: The Ultimate Use Cases eBook

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.

Going Digital for Manufacturing

DELMIA Quintiq

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!”.

The Role of Data in Sourcing Success

LevaData

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.

Can Your Current Manufacturing Strategies Ensure Future-Proof Operations?

DELMIA Quintiq

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?

Four Key Strategic Sourcing Benefits

QAD

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.

Global Supply Chains — A Source of Strength

Enterra Insights

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.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

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.

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

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!

Successful Strategic Sourcing Engagement? What’s Next?

QAD

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 Expands its Leadership Team

EC Sourcing Group

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.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

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.

The Role of Data in Sourcing Success

LevaData

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.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

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.

Technology Improves Manufacturing Disaster Preparedness

DELMIA Quintiq

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.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

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?

Make Your Manufacturing Business More Efficient!

Supply Chain Game Changer

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.

New Balance’s Added U.S. Manufacturing Presence

Supply Chain Matters

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.

Traceability for manufacturers today

SYSPRO Smarter ERP

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.

Philip Morris Drives Manufacturing Insights Using A Digital Twin

Supply Chain Shaman

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.

Sourcing Priorities: Low Cost Geography or Domestic On-shoring?

Supply Chain Game Changer

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!

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

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.

Watch: The ‘China Plus One’ Sourcing Strategy

Supply Chain Brain

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

Sourcing And The Value Chain – Why Digital Platforms Matter

Gravity Supply Chain

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.

ERP for process manufacturing

SYSPRO Smarter ERP

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.

Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

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.

Added Manufacturing Milestones for Tesla

Supply Chain Matters

The Supply Chain Matters blog highlights recent manufacturing milestones achieved by electric auto and truck maker Tesla. Manufacturing output amounted to 305,407 vehicles.

FMCG Manufacturing, Sourcing and the Ukraine-Russia Unrest

Enchange Supply Chain Consultancy

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.

Russia 125

5 Benefits of Global Sourcing in Supply Chain Management

EC Sourcing Group

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.

The Role of Reverse Auctions in Strategic Sourcing

EC Sourcing Group

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.

Sourcing optionality and how to overcome supply chain delays

Maine Pointe

Given the nature of today’s global supply chain environment, how can companies overcome the delay of the manufacturing and delivery of products

How complacency harms U.S. manufacturers

The Supply Chain Journal

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.