Expert insights. Personalized for you.
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. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. 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
Subscribe to Supply Chain Game Changer. 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? 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
The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Manufacturing. 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? Overall, I believe this pandemic will cause companies to reevaluate their supply chains in light of whatever reality we find. Manufacturing? Manufacturing? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing MORE
What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. To manage everyday risks and black swan events, you need a supply chain that is designed to be resilient in the face of disruptions. But what are the characteristics of a resilient supply chain? Are you making the most of your supply chain? MORE
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here! MORE
by Matt Benson If your 3PL supply chain problem was to deliver 400,000 items daily from supplier to customer and your on-time in full metric was a six-sigma target standard of 1 failure per million, how would you do it? Well, the answer in reality is that we really do need both – not all of our problems are only 3PL issues with supply chains having such stable demand signals – same item, same quantity, to the same customer, pretty much every day. MORE
Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. Additionally dramatically higher demand for household supplies (eg. Subscribe Here! MORE
Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. MORE
It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 3: Identify Optimal Sourcing Locations . MORE
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate. MORE
The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030. MORE
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Blockchain in supply chain changes that. Wrapping Up Blockchain in Supply Chain. Supply Chain MORE
Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! It got me thinking about where the masks were manufactured and was there a problem with that Supply Chain. What exactly is the Mask Supply Chain? 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
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. MORE
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. MORE
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. MORE
In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing MORE
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization. MORE
Leading the way — and defying the odds — are manufacturers. Yet with COVID-19 and product shortages still a reality, some manufacturers are wondering what they can do to improve their supply chain resiliency to prepare for present and future disruption. If your company is in a similarly tenuous situation, below are a few recommendations to help you shore up your supply chain risks. Focus on strategic sourcing. No supply chain is perfect. MORE
For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously. MORE
We are entering an era where it is becoming possible to detect supply chain risks much more quickly. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […]. MORE
Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven. MORE
LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. MORE
In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. In most ‘benchmarking activities’, self-reported data is the most common source. MORE
Today’s supply chains are becoming more complex and dynamic. While the automotive industry is proactive in developing strategies to optimize manufacturing processes, many important aspects are siloed, especially one crucial element: The container, which plays an important role in ensuring seamless logistic processes. The final assembly line sets the pace in automotive manufacturing. Consider diverse scenarios in the production chain before making decisions. MORE
So, I started thinking about how supply chain management can impact the environment and concluded that supply chain managers are Green Superheroes. Better supply chain planning saves money but also reduces greenhouse gases and decreases your company’s carbon footprint. MORE
According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Supply chains are complex and there are a lot of moving parts. Where do they source their products? MORE
What do H&M and Whirlpool know about supply chains that many of their competitors don’t? It is that world-class supply chains embody world-class brands by delivering to the customers the promises made and stories told by their marketing departments. And that only happens when marketing and supply chain teams collaborate, which is probably not often enough. The Branded Supply Chain covers three main areas: loyalty, sustainability and leadership. MORE
Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions. MORE
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers. MORE
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile. MORE
by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations. Accessing what’s beyond our globe has become an accepted source of socio-political promotion. It’s an indication of a society that can use advanced supply chain technology to achieve the best, and to find and harvest the undiscovered. Space Logistics and Supply Chain. MORE
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
DELMIA Quintiq
APRIL 21, 2020
What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. To manage everyday risks and black swan events, you need a supply chain that is designed to be resilient in the face of disruptions. But what are the characteristics of a resilient supply chain? Are you making the most of your supply chain?
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Supply Chain Shaman
SEPTEMBER 10, 2020
For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.
AIMMS
MARCH 30, 2020
It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 3: Identify Optimal Sourcing Locations .
ToolsGroup
DECEMBER 17, 2020
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.
Cerasis
FEBRUARY 6, 2018
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Blockchain in supply chain changes that. Wrapping Up Blockchain in Supply Chain. Supply Chain
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Supply Chain Game Changer
APRIL 28, 2020
Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. Additionally dramatically higher demand for household supplies (eg. Subscribe Here!
ivalua
JUNE 4, 2020
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis.
Cerasis
OCTOBER 9, 2015
Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven.
Pivot88
NOVEMBER 2, 2020
According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Supply chains are complex and there are a lot of moving parts. Where do they source their products?
Supply Chain Shaman
SEPTEMBER 3, 2018
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.
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ToolsGroup
JANUARY 13, 2021
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.
Supply Chain Brain
JUNE 11, 2020
In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing
AIMMS
JUNE 16, 2020
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.
Supply Chain Shaman
SEPTEMBER 13, 2016
The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.
DynaSys
OCTOBER 21, 2020
Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions.
Supply Chain Game Changer
DECEMBER 10, 2020
Subscribe to Supply Chain Game Changer. 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?
DELMIA Quintiq
OCTOBER 11, 2015
What do H&M and Whirlpool know about supply chains that many of their competitors don’t? It is that world-class supply chains embody world-class brands by delivering to the customers the promises made and stories told by their marketing departments. And that only happens when marketing and supply chain teams collaborate, which is probably not often enough. The Branded Supply Chain covers three main areas: loyalty, sustainability and leadership.
Supply Chain Shaman
MAY 13, 2015
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization.
Cerasis
MARCH 23, 2016
LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement.
USC Consulting Group
OCTOBER 8, 2020
Leading the way — and defying the odds — are manufacturers. Yet with COVID-19 and product shortages still a reality, some manufacturers are wondering what they can do to improve their supply chain resiliency to prepare for present and future disruption. If your company is in a similarly tenuous situation, below are a few recommendations to help you shore up your supply chain risks. Focus on strategic sourcing. No supply chain is perfect.
Supply Chain Shaman
JULY 19, 2015
In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. In most ‘benchmarking activities’, self-reported data is the most common source.
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? Overall, I believe this pandemic will cause companies to reevaluate their supply chains in light of whatever reality we find. Manufacturing? Manufacturing? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing
Logistics Bureau
NOVEMBER 18, 2020
The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Manufacturing.
DELMIA Quintiq
MAY 13, 2020
Today’s supply chains are becoming more complex and dynamic. While the automotive industry is proactive in developing strategies to optimize manufacturing processes, many important aspects are siloed, especially one crucial element: The container, which plays an important role in ensuring seamless logistic processes. The final assembly line sets the pace in automotive manufacturing. Consider diverse scenarios in the production chain before making decisions.
Logility
DECEMBER 2, 2020
So, I started thinking about how supply chain management can impact the environment and concluded that supply chain managers are Green Superheroes. Better supply chain planning saves money but also reduces greenhouse gases and decreases your company’s carbon footprint.
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. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process.
IQMS
JANUARY 21, 2021
Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions.
Supply Chain Shaman
MARCH 9, 2020
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain.
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.
Logistics Viewpoints
DECEMBER 16, 2015
We are entering an era where it is becoming possible to detect supply chain risks much more quickly. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […].
Supply Chain Game Changer
OCTOBER 8, 2020
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here!
Kinaxis
MARCH 19, 2018
by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations. Accessing what’s beyond our globe has become an accepted source of socio-political promotion. It’s an indication of a society that can use advanced supply chain technology to achieve the best, and to find and harvest the undiscovered. Space Logistics and Supply Chain.
Supply Chain Game Changer
SEPTEMBER 1, 2020
Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! It got me thinking about where the masks were manufactured and was there a problem with that Supply Chain. What exactly is the Mask Supply Chain?
Kinaxis
FEBRUARY 17, 2015
by Matt Benson If your 3PL supply chain problem was to deliver 400,000 items daily from supplier to customer and your on-time in full metric was a six-sigma target standard of 1 failure per million, how would you do it? Well, the answer in reality is that we really do need both – not all of our problems are only 3PL issues with supply chains having such stable demand signals – same item, same quantity, to the same customer, pretty much every day.
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