Expert insights. Personalized for you.
By adapting technology, companies are able to better identify sources of raw materials, increase accountability, and evaluate individual suppliers. The post What Happens when Technology Meets Transparency? One of the not-so-simple problems that plague global supply chains is transparency. Thanks to tracking sensors, mobile phones and cloud software platforms, companies have the tools to increase transparency, operational efficiency, and product traceability. MORE
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices. MORE
As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. In a recent CIO magazine interview, Target CIO Mike McNamara discusses some of these frustrations, and Target’s $1 billion plan to meet them. MORE
Today I’d like to share the interview on ‘Meeting Customer Demand in a Complex Industry’ at Kinexions. The challenge is becoming even more daunting as Kennametal moves into the developing world, its most promising source of new business. Kennametal strives to meet customer demand for customized products, while also manufacturing to stock. by Melissa Clow Kinexions is in 26 days! As we countdown the days, I’m remembering our fascinating customer videos. 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
But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? The post Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Tuesday, January 20, 2015 at 12:00 ET. 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
They are aware of what’s happening in the world more than any civilization throughout history due to social media, and they will be the source for future positions within shipping and logistics providers. Twitter Facebook Google+ LinkedIn The post Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand appeared first on Transportation Management Company | Cerasis. MORE
Can they meet demand in the future? Can they meet demand in the future? We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. MORE
It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. The post Optimizing Retail Supply Chains to Meet Demand and Reduce Costs appeared first on Transportfolio. MORE
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. 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
What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Whether you’re creating a local or international sourcing plan, it is vital that the created plan ensures: Delivery of the benefits identified in the strategy when required; and in a way, that meets the business need. MORE
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? MORE
Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution MORE
Each book represents a different perspective, and thus provide a representation of the current debate going on in procurement strategy meetings around the globe. Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. In fact, the subtitle for the book, “Power Positioning Tools for Category Management and Strategic Sourcing” gives it all away. Vested is a Sourcing Business Model in. MORE
Richard Barnett, LevaData’s VP of Marketing and Alliances sat down with Supply Chain Brain to discuss AI’s growing role in strategic sourcing. Supply Chain Brain has the full interview , which covered a variety of sourcing-related technology topics: A growing role for AI suggests that managers will be forced to either adopt cognitive sourcing technology, or find themselves left behind. MORE
So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Good” strategic sourcing…. Once again, up-front exploration expands the value proposition of sourcing. MORE
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? The post Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. MORE
Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Anticipating, and Meeting, Local Consumer Needs. The post Meet the New Convenience Store Shopper appeared first on Supply Chain Nation Blog. MORE
Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Anticipating, and Meeting, Local Consumer Needs. Next, it considers external factors at the level of the individual store — including shopper demographics, emerging trends, upcoming regional events, nearby competitors, and local sourcing options for fresh and prepared foods. MORE
It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. The post Optimizing Retail Supply Chains to Meet Demand and Reduce Costs appeared first on Transportfolio. Food and Beverage Produce Sourcing Supply Chain Food service Managed Procurement Services MPS Produce Produce Industry produce logistics MORE
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process. MORE
According to the experts, there are three common reasons: One size does not fit all: SaaS software is built to meet the requirements of a wide array of users, but in for Healthcare supply chains to function, industry specialization is critical. . MORE
Walk-in freezers, ranges, ovens, and other commercial appliances will need to be purchased to consistently prepare food fast — and to meet health inspections. Make a comprehensive list of the equipment that you need before you begin sourcing these items. Many restaurants go through a separate distributor for their regular food items and baked goods, as they can source baked goods locally that are fresher. MORE
This, and so much more, is possible with open source. At the present time, many businesses use open source software due to a number of reasons. Some of them are even more valuable – including security, quality, The post What Happens when Internet of Things Meets Open Source appeared first on Appterra. Blog Internet of Things Open-sourceImagine your appliances being able to communicate with other Internet-connected devices. MORE
Online inventory management is one of the many tools available to assist in meeting the demands of multichannel operations. With an online inventory management system at the heart of the business, it becomes a reliable source of accurate data. The post Meeting the Demands of a Multichannel Pricing Strategy appeared first on Unleashed Software. Multichannel retailing is a set of activities concerned with selling goods or services to consumers through more than one channel. MORE
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. MORE
Our upcoming SCRC meeting on April 25 will explore a topic that has been top of mind for me and several other people for some time. To give you a clue as to what this is about, consider the typical sessions you see at, for instance, the ISM meeting, that I plan on attending this year. Our upcoming SCRC meeting will capture insights from multiple individuals who will share perspectives on this subject. MORE
New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing MORE
We expect outsourcing to grow and become an increasing source of specialized expertise and capabilities, differentiation, and innovation … not just technology innovation, but also innovation in processes, business models, financial relationships, and inter-enterprise integration. The post Meeting the Outsourcing Challenge appeared first on TAKE Supply Chain. A survey of manufacturers, distributors, and retailers, and outsourced manufacturing and logistics services providers. MORE
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing MORE
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. MORE
Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources. Introduction. MORE
Globalization is also complicating OTIF because many manufacturers operate their sourcing, production and distribution systems around the world – making it more difficult for them to accurately predict their service levels. As a result, demand forecasting miscalculations, raw materials and finished goods inventory shortages, manufacturing interruptions and transportation delays can wreak havoc on their ability to meet OTIF standards. MORE
He’s my exercise, relaxation and a source of constant learning. I’ve had incredible opportunities to be part of some fantastic initiatives, to meet and work with some outstanding people, and travel to places I wouldn’t have otherwise been to. 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
Logistics Viewpoints
JANUARY 14, 2016
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing
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ivalua
NOVEMBER 27, 2019
So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Good” strategic sourcing…. Once again, up-front exploration expands the value proposition of sourcing.
Supply Chain Game Changer
APRIL 28, 2020
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?
Talking Logistics
APRIL 29, 2015
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? The post Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez.
ivalua
APRIL 2, 2019
New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing
Talking Logistics
DECEMBER 6, 2017
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.
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!
Requis
APRIL 12, 2021
The post Sourcing is No Longer a One-Trick Pony appeared first on Requis.
BlueYonder
MAY 20, 2020
He’s my exercise, relaxation and a source of constant learning. I’ve had incredible opportunities to be part of some fantastic initiatives, to meet and work with some outstanding people, and travel to places I wouldn’t have otherwise been to.
Talking Logistics
FEBRUARY 18, 2016
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. 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.
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Talking Logistics
JANUARY 12, 2015
But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? The post Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Tuesday, January 20, 2015 at 12:00 ET.
Descartes
NOVEMBER 26, 2015
By adapting technology, companies are able to better identify sources of raw materials, increase accountability, and evaluate individual suppliers. The post What Happens when Technology Meets Transparency? One of the not-so-simple problems that plague global supply chains is transparency. Thanks to tracking sensors, mobile phones and cloud software platforms, companies have the tools to increase transparency, operational efficiency, and product traceability.
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.
The Network Effect
MARCH 25, 2016
As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. In a recent CIO magazine interview, Target CIO Mike McNamara discusses some of these frustrations, and Target’s $1 billion plan to meet them.
Supply Chain View from the Field
JULY 17, 2015
Each book represents a different perspective, and thus provide a representation of the current debate going on in procurement strategy meetings around the globe. Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. In fact, the subtitle for the book, “Power Positioning Tools for Category Management and Strategic Sourcing” gives it all away. Vested is a Sourcing Business Model in.
Descartes
MAY 6, 2016
This, and so much more, is possible with open source. At the present time, many businesses use open source software due to a number of reasons. Some of them are even more valuable – including security, quality, The post What Happens when Internet of Things Meets Open Source appeared first on Appterra. Blog Internet of Things Open-sourceImagine your appliances being able to communicate with other Internet-connected devices.
ivalua
NOVEMBER 25, 2015
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. This problem appears to be the result of sourcing choices.
ivalua
FEBRUARY 25, 2021
According to the experts, there are three common reasons: One size does not fit all: SaaS software is built to meet the requirements of a wide array of users, but in for Healthcare supply chains to function, industry specialization is critical. .
GlobalTranz
APRIL 18, 2016
They are aware of what’s happening in the world more than any civilization throughout history due to social media, and they will be the source for future positions within shipping and logistics providers. Twitter Facebook Google+ LinkedIn The post Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand appeared first on Transportation Management Company | Cerasis.
Arkieva
JANUARY 13, 2017
What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Whether you’re creating a local or international sourcing plan, it is vital that the created plan ensures: Delivery of the benefits identified in the strategy when required; and in a way, that meets the business need.
EFT
MAY 1, 2020
Can they meet demand in the future? Can they meet demand in the future? We need to look at alternative sources of procurement, of production, alternative factories, alternative countries.
BlueYonder
DECEMBER 30, 2019
Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Anticipating, and Meeting, Local Consumer Needs. Next, it considers external factors at the level of the individual store — including shopper demographics, emerging trends, upcoming regional events, nearby competitors, and local sourcing options for fresh and prepared foods.
EMERGE App
JULY 11, 2018
Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources. Introduction.
BlueYonder
DECEMBER 30, 2019
Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Anticipating, and Meeting, Local Consumer Needs. The post Meet the New Convenience Store Shopper appeared first on Supply Chain Nation Blog.
CH Robinson Transportfolio
APRIL 18, 2019
It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. The post Optimizing Retail Supply Chains to Meet Demand and Reduce Costs appeared first on Transportfolio.
CH Robinson Transportfolio
APRIL 18, 2019
It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. The post Optimizing Retail Supply Chains to Meet Demand and Reduce Costs appeared first on Transportfolio. Food and Beverage Produce Sourcing Supply Chain Food service Managed Procurement Services MPS Produce Produce Industry produce logistics
AFFLINK
NOVEMBER 5, 2019
Walk-in freezers, ranges, ovens, and other commercial appliances will need to be purchased to consistently prepare food fast — and to meet health inspections. Make a comprehensive list of the equipment that you need before you begin sourcing these items. Many restaurants go through a separate distributor for their regular food items and baked goods, as they can source baked goods locally that are fresher.
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.
Kinaxis
OCTOBER 2, 2014
Today I’d like to share the interview on ‘Meeting Customer Demand in a Complex Industry’ at Kinexions. The challenge is becoming even more daunting as Kennametal moves into the developing world, its most promising source of new business. Kennametal strives to meet customer demand for customized products, while also manufacturing to stock. by Melissa Clow Kinexions is in 26 days! As we countdown the days, I’m remembering our fascinating customer videos.
NC State SCRC
MARCH 22, 2019
Our upcoming SCRC meeting on April 25 will explore a topic that has been top of mind for me and several other people for some time. To give you a clue as to what this is about, consider the typical sessions you see at, for instance, the ISM meeting, that I plan on attending this year. Our upcoming SCRC meeting will capture insights from multiple individuals who will share perspectives on this subject.
LevaData
AUGUST 21, 2019
Richard Barnett, LevaData’s VP of Marketing and Alliances sat down with Supply Chain Brain to discuss AI’s growing role in strategic sourcing. Supply Chain Brain has the full interview , which covered a variety of sourcing-related technology topics: A growing role for AI suggests that managers will be forced to either adopt cognitive sourcing technology, or find themselves left behind.
Unleashed
OCTOBER 16, 2018
Online inventory management is one of the many tools available to assist in meeting the demands of multichannel operations. With an online inventory management system at the heart of the business, it becomes a reliable source of accurate data. The post Meeting the Demands of a Multichannel Pricing Strategy appeared first on Unleashed Software. Multichannel retailing is a set of activities concerned with selling goods or services to consumers through more than one channel.
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.
Silvon Software
JUNE 4, 2019
Globalization is also complicating OTIF because many manufacturers operate their sourcing, production and distribution systems around the world – making it more difficult for them to accurately predict their service levels. As a result, demand forecasting miscalculations, raw materials and finished goods inventory shortages, manufacturing interruptions and transportation delays can wreak havoc on their ability to meet OTIF standards.
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