Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. This bring concerns for transportation costs as we see as the #2 area of importance for sourcing.

What Does “Good” Look Like: Strategic Sourcing

ivalua

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.

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Research in Focus: Cloud Computing in Logistics

Talking Logistics

Editor’s Note: Today’s post is the first in a new series we’re launching where we highlight research conducted by select partners and provide our perspective on some of the most interesting findings and results. Where to Find Supply Chain Innovation (Source: Adelante SCM).

Independent research reveals how organizations can succeed in a brave new tariff-driven trade world

Kinaxis

According to Ventana Research in a report commissioned by Kinaxis, only 35 percent of companies with more than 1000 employees say they’re able to react quickly to changing marketing conditions – an astonishingly low number.

The Research Difference

Supply Chain Insights

Before I start this blog, you need to know that I am a self-confessed research snob. I have been doing supply chain research for the past nine years. I have experienced the research methodologies of three analyst firms ( Gartner, AMR Research and Altimeter Group ).

The Most Cited Paper in SCM Research

SCM Research

Have you ever tried to find the most cited paper in supply chain management research? Being a milestone for our field , the paper analyzes four sources of the bullwhip effect, and it discusses actions to be taken to mitigate the detrimental impact of the bullwhip effect. Research Article Award Ranking Supply Chain Management I have done so. For this purpose, I used the term “supply chain” in Web of Knowledge for a topic search.

ChainLink Research: Making Allocations Smarter

Logility

Temporal data—sources should be developed such as consumer trends, competitive offerings, weather, local events and so on that might affect demand in that location. Integrate and align these information models and sources between demand activities, such as promotions, to assure meeting required stocking levels. Ann Grackin is CEO of ChainLink Research, a supply chain research and advisory firm.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? in this case, responsible sourcing. Source Smarter. Source: Purina.

Strategic Sourcing: The Key to Competitive Advantage

Supply Chain Opz

Strategic Sourcing has been used by companies of all sizes for years. This commentary highlights some of the key principles to strategic sourcing. However, priority is always given to cost cutting initiatives.

Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategic value.

Ivalua Cited as a ‘Leader’ in Source-to-Contract Technology by Independent Research Firm

ivalua

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas. To access the report, please click: The Forrester Wave: Source-to-Contract Suites, Q4 2019.

Why Should You Help Us With Research?

Supply Chain Insights

This is how our research process works. Unlike other analyst firms, we do not believe that research should be locked behind a firewall. When you see us field a research study you will know three things: Confidence. Our philosophy is, “You give to us. We give to You.”

New Research Report: The Future of Supply Chain is Networked Platforms

The Network Effect

See below for a visual explanation… Source: ChainLink Research. The post New Research Report: The Future of Supply Chain is Networked Platforms appeared first on The Network Effect. Image by Michael Heiss/Flickr.

Open Content Research Recipe

Supply Chain Insights

Cooks share recipes freely; and computer scientists design open-source software to be widely distributed. Open Content research is similar. Historically, the selling of research has been a small revenue stream for the more traditional analyst companies. Research is at the center of our model. We are attempting to combine the three sources of data to better understand the “so what” and “who cares” of supply chain excellence.

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

Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. The book relies on a series of prescriptive two by two matrices, that are further segmented into eight by eight matrices, that establish different typologies for supplier segmentation, The application of these frameworks to the universe of buyer-seller relationships I proposed (ostensibly) to lead to improved sourcing outcomes…for the buyer!

Static Inventory an Untapped Source of Working Capital

Supply Chain @ MIT

A research project* at the Zaragoza Logistics Center, Zaragoza, Spain, has developed models for […]. Featured Strategy Clariant inventory management research MIT Global SCALE Network responsive supply chains unlocking working capital Zaraoga Logistics Center

Spain 104

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

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. Dun & Bradstreet researchers , for example say 51,000 companies, 163 of which are in the Fortune 1000, have “tier 1” suppliers in China, while at least 5 million have one or more “tier 2? Covid 19 Global Sourcing

Ivalua Cited as a ‘Leader’ in Source-to-Contract Technology by Independent Research Firm

ivalua

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas.

Sustainability: Do Supply Management and Global Sourcing Matter? (Guest Post by Jury Gualandris, UCD)

SCM Research

Over the last decades, however, supply chains have been undergoing a process of increasing globalization, which has created the need for differentiated sustainability approaches for firms sourcing globally rather than regionally. On the one hand, traditional supply management based on supply base reduction and coordination will compensate global sourcing’s drawbacks, such as longer distances and socio-economic, cultural differences.

The Relational View in SCM Research

SCM Research

Published in 1998, The relational view: Cooperative strategy and sources of interorganizational competitive advantage by Dyer and Singh remains one of the most influential business papers. The four sources of interorganizational competitive advantage identified by the authors are: (1) relation-specific assets, (2) knowledge-sharing routines, (3) complementary resources/capabilities, and (4) effective governance.

SCM 120

Successful sourcing in China using the START model

Supply Chain Movement

“Catch the goat when it’s passing” is one of my favourite Chinese sayings, and it is particularly apt when you’re looking to source new products or materials in China. The post Successful sourcing in China using the START model appeared first on Supply Chain Movement.

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ChainLink Research: Caribou Coffee’s Supply Chain Story

Logility

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain.

ChainLink Research: Caribou Coffee’s Supply Chain Story

Logility

Ann Grackin and Bill McBeath of ChainLink Research recently published an article on Caribou Coffee’s supply chain.

Andrew Cox’s “Sourcing Portfolio Analysis”: More of the Same

Supply Chain View from the Field

Against the many new articles and books being produced on the changing face of procurement and the importance of value creation and collaboration, Andrew Cox’s new book “Sourcing Portfolio Analysis” came out earlier this year. The book is essentially a series of prescriptive 2 X 2 and 8 X 8 matrices that establish different typologies for supplier segmentation, that ostensibly can lead to improved sourcing outcomes.

Sourcing promotional products the right way

Claritum

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. Single source.

What is the return on ERP implementation? Results from our research

Supply Chain View from the Field

A research study published recently in the International Journal of Operations and Production Management by my PhD student, Yun-Yung Huang and myself, suggest that the data point to some interesting results. First the research shows that organizations who had implemented an ERP system had a higher overall level of supply chain maturity and performance.

MEIO in the 21st Century by Ann Grackin of ChainLink Research

Logility

Recently I wrote a research paper on Multi-Echelon Inventory Optimization, MEIO ( Thinking Anew - Transform Your Supply Chain Using Multi-Echelon Inventory Optimization ). In Porter’s book, Competitive Advantage: Creating and Sustaining Superior Performance, he advocated that value chains and supply chains were the ultimate source of competitive advantage. I had a few takeaways from this research: The most common approaches were what I would call middle and out.

Early AI Adopters Are Pulling Ahead of the Competition in Sourcing and Procurement

LevaData

Our Cognitive Sourcing Survey 2018 revealed that the shift towards data-driven, computer-assisted negotiation and decision making is well underway in the procurement industry. In the instance of direct material sourcing, these developments have been particularly delayed.

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.

Be Uncommon

Talking Logistics

I’ve been on a journey to find a better way to conduct supply chain market research for several years now. It’s an uncommon approach to market research. It’s research with purpose. Which sources of knowledge do you use the most to stay informed of supply chain industry trends?

Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making.

Trying to Throw A Light On Supply Chain Excellence

Supply Chain Shaman

” The essence of the article was that the leading expert on smoking, Johanna Cohen from John Hopkins in USA Today, bravely admitted that after four years of research that she did not know. We invest in research and give it away freely. We take research seriously.

Unpacking Sourcing Business Models: 21st Century Solutions for Sourcing Services

Supply Chain 24/7

Presentations from Workshop on Human Centered Big Data Research are Out

Supply Chain View from the Field

The proceedings of the 2014 Workshop on Human Centered Big Data Research was recently posted. The research shows that many organizations are using haphazard approaches to drive insights into supply markets, but that there is an increasing recognition of the value of market intelligence in many industries, particularly in manufacturing. At this meeting, I was selected to make a presentation on the organizational structure and application of supply market intelligence. (My

Guest Post from SCRC Research Fellow Graham Givens: Update from the National Restaurant Association Meeting

NC State SCRC

Graham is a Research Fellow at the Supply Chain Resource Cooperative , where he works closely on local food systems through the Center for Environmental Farming Systems. Most pertinent to my own research at the SCRC is the increasing demand for localized and fresh options. David labeled this as one of the top 5 market trends in the industry today with serious implication for sourcing and marketing. Today’s guest post is from Graham Givens.