Research in Focus: Sourcing Trends and Concerns

Talking Logistics

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 decisions can complicate or simplify this process.

Meeting the Outsourcing Challenge

OneSCM

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.

Improving on Strategic Sourcing

Logistics Viewpoints

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

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

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

Transportation Sourcing in an Omni-channel World

Talking Logistics

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.

Meet Your Customers' Demand for Quality & Build Sustainable Innovation

Amber Road

How does one keep corporate social responsibility top of mind while meeting demand for high quality products? Global Sourcing Sourcing OptimizationSustainability is a huge buzzword these days.

Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

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.

What Happens when Technology Meets Transparency?

Descartes

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?

Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World

Talking Logistics

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.

What Happens when Internet of Things Meets Open Source

Descartes

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. Blog Internet of Things Open-sourceImagine your appliances being able to communicate with other Internet-connected devices.

Creating a Sourcing and Procurement Process Plan

Arkieva

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.

Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

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.

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

CH Robinson Transportfolio

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.

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

CH Robinson Transportfolio

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.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

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.

A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)

Supply Chain View from the Field

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.

Five Tips on Sourcing Products From China

EMERGE App

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. Meet Face-to-Face. Sourcing Consultant. Introduction.

SCRC Meeting: Closing the Gap Between Marketing and Procurement

NC State SCRC

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.

Operational Analytics and A Modern Data Hub Help Suppliers Meet Walmart’s OTIF Standards

Silvon Software

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.

Meeting the Demands of a Multichannel Pricing Strategy

Unleashed

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.

From Greater Production Traceability to Combating Biodiversity Loss and Meeting UN Sustainable Development Goal 15

EcoVadis

Earlier this year, Unilever became the first consumer goods company to publicly disclose the suppliers and mills it sources from. Human interference in natural habitats has put the biological diversity of our planet at risk.

Throw Back Thursday: Remembering ‘Meeting Customer Demand in a Complex Industry’ from Kinexions

Kinaxis

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.

Change Management in Moving from Tactical to Strategic Sourcing

Supply Chain View from the Field

I had the opportunity to host a panel of Chief Procurement Officers at the Zycus Horizons 2015 meeting on October 5, 2015, on the subject of the journey organizations take in moving from tactical to strategic sourcing. We are moving to a model where we focus less on the tactical things and the strategic sourcing, and are looking at revenue drivers around innovation to create a more sustainable model.

Supplier Co-Innovation: The Next Source for Economic Growth

NC State SCRC

We hear the words “innovation” as a source for growth in the economy over and over again. But what will be the true source of innovation? To generate such forms of value creation, procurement will need to tap into a key source of new ideas and creativity: their suppliers.

Incorporating Supplier CSR Ratings In The Sourcing Process: The Basics

EcoVadis

Now that sustainability has risen to be one of the most highly visible topics for customers and stakeholders, management teams face the challenge of “How do you incorporate CSR ratings in the sourcing process?”. Today we welcome a guest blog post from procurement practitioner.

Do you have the right sourcing technology? Ask yourself three questions.

ivalua

The strategic sourcing technology market is a crowded space. Walk the exhibit floor at the annual ISM conference and you’ll easily find more than 40 providers offering a wide variety of e-sourcing solutions. So how do you know if you have the right sourcing technology for your business?

Meeting the Needs of Shippers’ Global Supply Chains

CH Robinson Transportfolio

Meeting the Needs of Shippers’ Global Supply Chains | Transportfolio. Meeting the Needs of Shippers’ Global Supply Chains | Transportfolio. Your organization may not ship product across the globe, but chances are you source from other countries.

A Great Meeting – Insights on the Future of Procurement from BP, Caterpillar, Duke Energy, and others

Supply Chain View from the Field

We had a series of great presentations this week at the SCRC meeting. His key question at the outset of every strategic supplier meeting: ”How do you view the opportunity of working with us as a partner, given your history with BP?” Ron noted that “Merger was almost a lab to compare and contrast different models – and was there a really good sourcing model that would work in each business?”

Outdated Supply Chains Can’t Meet Consumers’ “Need-It-Now” Mentality

FLEXE

That means understanding your customers, anticipating their needs and meeting or exceeding expectations to keep their business. Supply chain leaders everywhere are having to become customer-experience experts and require new capabilities to meet these “need-it-now” demands.

Interview on Buyer’s Meeting Point BlogTalk Radio: Creating Procurement Value is a Lot of Work!

NC State SCRC

Gerard Chick and I were recently interviewed by Kelly Barner on the Buyer’s Meeting Point Blog Talk Radio yesterday, and this was posted on their site for any interested parties to view. Emerging Issues in Supply Chain Organizing for Supply Chain Strategic Sourcing Supplier Relationship Management Supply Chain Talent Supply Chain Talent Management

Thinking Differently About Procurement: The SCRC Meeting Theme on April 29-30, 2013

Supply Chain View from the Field

Our next SCRC meeting will focus on “The Future of Procurement”, and will be held on April 29-30, at the NC State University Club in Raleigh, NC. An important theme that will be explored at this meeting is around the role of procurement individuals in the future. At the time, he was meeting with his senior executive, trying to grind out a program to drive a few thousand dollars in cost savings.

Collaboration will drive future sourcing and supplier management success

ivalua

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills.

How to Expand Your Global Shipping to Meet Growing Indian Markets

CH Robinson Transportfolio

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

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.

SCRC Meeting Themes Emphasize That Building a Supply Chain Risk Capability is a Multi-Dimensional Journey

Supply Chain View from the Field

The Supply Chain Resource Cooperative concluded its two-day meeting on the theme of “Building a Supply Chain Risk Capability”, which proved to be one of the most popular themes yet that resonated with our audience. Merck has already established a Center of Excellence for market intelligence, and utilizes a variety of sources to develop insights into how to develop insights into supply markets across the globe.

Becoming a Valued Busienss Partner: Procurement Analytics SCRC Meeting Insights

NC State SCRC

The December 2015 SCRC meeting was held this week in the brand spanking new Talley Student Center, and was a resounding success. We needed to digitize as many of our source to pay processes as we possibly could. Analytics becomes something that we can provide that is agnostic, independent, and a source of truth for decision-making. ” And on that note – we ended the meeting.

SCRC Meeting April 27-28 on Supply Chain Risk: Building a Risk Management Capability

Supply Chain View from the Field

We are in the last stages of planning for our upcoming 31st Semi-Annual Supply Chain Resource Cooperative (SCRC) Meeting on Monday and Tuesday, April 27-28, 2015 at North Carolina State University. The theme of the general meeting will focus on a topic of great interest to supply chain professionals at every level of the organization: “ Creating a Supply Chain Risk Management Capability.”.