Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. What are some of the main supply chain factors that are fueling this reshoring trend? Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supply chain that I need to experience it.

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My Take: The Role of Anaplan in Defining the Art of the Possible in Supply Chain Planning

Supply Chain Shaman

Keeping with my normal Sunday night ritual, I poured myself a cup of tea to pen my weekly post for the Supply Chain Shaman. My passion is helping supply chain leaders. There are two groups: one in North America and one in Europe.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

The traditional supply chain leader focused only on cost reduction. Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Average Supply Chain Performance in Food Value Chains.

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Supply Chain Power 50: Best Supply Chain Blogs of 2014

Supply Chain Opz

At the beginning of each year, many supply chain blogs/sites publish the articles about their most popular contents of the year or make the predictions for things that might happen in the coming year.

Shoring up Sourcing Strategies

Inbound Logistics

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor. Source: Lennox.

Do You Have a Proactive Supply Chain Design or a Reactive One?

Talking Logistics

Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved. A smart company pays attention to the way their supply chain operates, and that means working with a proactive design over a reactive one.

Demand-Driven Transformation at Shell

Supply Chain Shaman

Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements.

Trade Wars Put U.S. Small Business on the Front Line

Supply Chain Brain

In these wars, it's not only large multinational corporations but smaller businesses with supply chains extending into China and other countries that could incur increased tariffs, losses due to pre-contracted prices and investments overseas. This means investing in international markets and sourcing from international locations. Supply chain pros know better than anyone about uncertainty. A Newly Vulnerable Supply Chain. North America

Plant-location decisions and potential supply chain risk

Kinaxis

by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the Supply Chain Expert Community. Toyota will be better positioned to respond to the growing North American market. We do have supply lines in the U.S. What supply chain risks do you see?

Disruptive Times Require Adaptive Supply Chains

Enterra Insights

New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. In particular, the supply chain is ripe for innovation. ”[1] Scott Deutsch, President of Ehrhardt + Partner, North America, adds, “Technology is driving changes in consumer behaviors that are undeniable. The future of the supply chain. Supply chain transformation is not a new phenomenon.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Transportfolio

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations.

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. Supply 3.

The Cost of Climate Change on Your Supply Chain

Kinaxis

by Alexa Cheater On the heels of the United Nations Paris Climate Change Conference , now seemed like an appropriate time to revisit an often talked about supply chain topic. The impact of climate change on your supply chain operations.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities.

Peeling Back The Orange Juice Supply Chain! (Video)

Supply Chain Game Changer

Check out Food Waste and World Hunger – The Food Supply Chain is Broken! While Oranges and Orange juice are common and usually easily found it is still curious as to what the Orange juice Supply Chain is. The Orange Juice Supply Chain.

Building the Network of Networks

Supply Chain Shaman

There is an active group in Europe and North America. The group is working on case studies to test new technologies like blockchain, cognitive computing, supply chain operating networks, and open source analytics. We need to challenge supply chain fundamentals.

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

Supply Chains Disruptions at Highest Rate in 3 Years

Material Handling & Logistics

Supply chain disruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch Supply Chain Disruption Report, by Resilinc. Of those events, more than 300 of them directly impacted the continuity of supply.

Digital Supply Chain Trends to Watch Out for in 2019

ThroughPut

Like most industries, technology has disrupted supply chain management too. The industry is abuzz with terms like IoT, cloud, machine learning, autonomous mobile robotics, analytics, and related technologies, all of which promise a future that will propel supply chain management to untouched heights of operational effectiveness. Here are six ‘Digital Supply Chain’ Trends to Watch Out for in 2019.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. Supply chain costs of around $5.50 At the same time, though, supply chain costs rose by more than $75 million.

As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Think about the supply chain of virtually every consumer good. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring. Sourcing products and raw materials from locations that are near the end-market helps reduce transportation costs. Around a 26 percent increase is expected for this trend, significantly in Europe, while onshoring will increase in North America.

As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Think about the supply chain of virtually every consumer good. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring. Sourcing products and raw materials from locations that are near the end-market helps reduce transportation costs. Around a 26 percent increase is expected for this trend, significantly in Europe, while onshoring will increase in North America.

Increased demand and regulations create new challenges for multi-temp carriers

Quintiq

With industry sources reporting record high rates for the refrigerated trucking market, as referenced recently by Food Logistics , carriers are looking to capitalize on the strong demand and tight capacity for refrigerated trucks.

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Extreme Global Weather Set to Continue – What’s the Supply Chain Impact (Part 1)?

BluJay Solutions

However the immediate and practical impact is far-reaching, including disruptions to power networks, crops and of course the global supply chain. . . Long term or short term interruptions can lead to brand erosion or force companies to source products from secondary markets.

Takeaways From Gartner’s Top 25 Supply Chain Rankings 2017

Shipsy

With an ever increasing focus on innovation and efficiency in the supply chain, Gartner’s Top 25 Supply Chain Rankings 2017 threw up a host of interesting takeaways. Key Trends in Gartner Top 25 Supply Chain Rankings 2017 (Source?—?Gartner)

New Survey Says Alignment of Supply Chain and Business Strategies Is Critical to Success

Creating Supply Chain Excellence

RALEIGH, NC, April 15, 2014 — Is it important to connect your supply chain strategy with your business strategy? According to a recent survey by Tompkins Supply Chain Consortium, nearly 80 percent of participants agree. About Tompkins Supply Chain Consortium.

How Are New Tariffs Going to Influence the Global Supply Chain?

AFFLINK

To say that tariffs and trade agreements can have an impact on the way the global supply chain operates is a massive understatement. But what, if any, impact will these new tariffs have on the global supply chain?

Small Business Manufacturing in America: Innovate, Design, Develop and Manufacture

Supply Chain View from the Field

I had a remarkable interview with a medium sized supplier today, that has truly found a business model which I believe holds a promise for a new industrial revolution in North America. The approach is built on one of America’s most important capabilities that makes it stand out globally: the ability to generate ideas and bring them to market.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

Now, here’s the supply chain and logistics news that caught my attention this week: U.S. E2open’s vision and strategy is to bring together the supply chain planning and supply chain execution realms in a network-based solution platform.

Takata Recall Forces Auto Supply Chains To Shift Gears

Elementum

history," affecting about one in seven vehicles on the road in America today. The automotive supply chain has been in turmoil— in 2014 the industry shattered the record for number of vehicles recalled in a single year, with 64 million cars sent back to the shop.

Supplier Financial Health: Don’t Wait for the Worst, Reach out and Talk!

Supply Chain View from the Field

Supply management research has established the axiom that firms are no longer operating independently, but indeed are part of an extended global network that is subject to high degrees of volatility, increasing customer expectations, and is subject to major forms of disruption risk. However, what is not well understood is whether supply manager behaviors have shifted to reflect this broader paradigm shift.