Ultimate COVID-19 Supply Chain Resource Roundup

Freightos

While we stay on top of all the rapid changes, we’ve also come across a lot of great online resources covering the coronavirus’ impact across the world from many different perspectives particularly COVID-19’s supply chain impact. Our Favorite Coronavirus Supply Chain Resources.

What Does “Good” Look Like: Strategic Sourcing

ivalua

That leaves the vast majority of companies and teams in the middle – and each one of them is working hard every day to be as good as they can given their current priorities, challenges and resources. 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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Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

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. As we progress through and past the pandemic, is it time for Procurement to adopt parallel Supply Chain strategies, such as dual sourcing, and limit or abandon single sourcing and sole sourcing? What is Single Sourcing or Sole Sourcing?

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. The businessman’s news source of choice, global export and import volumes (as well as buying trendings) are key to informing supply chain professionals.

COVID-19 Open Source Projects and Resources

Dragon Innovation

From the 3D printing community to the open source design community , we’re all banding together to help fight this problem. DFM High Volume Manufacturing Design for Manufacturing COVID-19 Manufacturing Resources Open Source DesignAs we all continue to confront the global crisis of COVID-19 , it’s been amazing to see the hardware and manufacturing community step up to contribute in so many different ways.

Resource-based Theory vs. Supply Chain Management

SCM Research

There is an ongoing debate in supply chain management research about whether or not resource-based theory suggests that supply chain management can be a source of sustained competitive advantage for a firm. Among those who have denied this suggestion is Ramsay (2001) , whereas, in his recent essay, Barney (2012) has argued that SCM can, “at least in some settings”, be such a source. Theory Article Resource-Based Theory Supply Chain Management

50 Online Resources for Aspiring Supply Chain Scholars

Supply Chain Opz

To help you become successful, we have put together 50 online resources that you will definitely find helpful. Resources: Data.gov 2. Resource: Google Public Data 3. Resource: Pew Research Center 4. Resource: ArcGIS Open Data 5. Resource: Think with Google 6. Resource: Commodity Flow Survey 7. Resource: Logistics Performance Index 8. keyword" filetype:pdf Resource: Google Scholar 9. Resource: MIT Dspace 10. Resource: Trello 18.

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

The Network Effect

Source: “Target CIO Adds Custom Apps…” CIO.com. “The in-sourcing and custom development is a painstaking process, but one McNamara says is necessary before the retailer can begin analyzing its supply chain for sales and customer trends and better allocate resources across the enterprise. Source: “Target CIO Adds Custom Apps…” CIO.com. The post Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

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.

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. The post Outsourcing Sourcing! Subscribe Here!

The Pros and Cons: International and Domestic Sourcing

Unleashed

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.

Responsible sourcing and palm oil – a #ProvenanceLive recap

Provenance

So if you’re looking at alternative ingredients, it’s important to check how much more resource that alternative would require. For example, Eleanor shared that “palm oil represents 35% of the world’s oil, on 10% of the world’s allocated resource for crops.”.

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. Involve suppliers early in new product (or service) development initiatives Supplier can be an invaluable source of ideas and knowledge, especially as it pertains to the materials or services you are sourcing from them. However, priority is always given to cost cutting initiatives.

A Guide to Responsible Sourcing in Automotive, Electronics

Material Handling and Logistics

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rushing to get their share. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. firm Freeport-McMoran and Eurasian Resources Group.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rushing to get their share. firm Freeport-McMoran and Eurasian Resources Group.

Energy efficiency: Are fossil fuels or renewables the more reliable source?

USC Consulting Group

Recognizing their customers’ priorities — not to mention their own personal desires to be better stewards of the world’s natural resources — business owners are going to greater lengths to reduce their carbon footprint. By just about every measure, natural resources such as these are significantly more efficient than legacy sources like coal, natural gas and oil. “Which energy source gets you the most power delivery for your investment dollar?

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.

Customer Service: The Source of Supply Chain Innovation

The Logistics of Logistics

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. We have warehousing solutions, network optimization solutions, financial solutions, enterprise resource planning solutions, etc. Customer Service: The Real Source of SCM Innovation. The post Customer Service: The Source of Supply Chain Innovation appeared first on The Logistics of Logistics.

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

Master Data Management: the value of one source of truth (vs. multiple sources)

HICX Solutions

To understand what is meant by describing a Master Data Management (MDM) solution as the single source of truth, it’s probably easier to start by looking at the multiple sources of truth that many businesses currently try (and struggle) to manage – namely Supply Chain Management (SCM), Enterprise Resource Planning ( ERP ) and Customer Relationship Management (CRM). Multiple sources of truth creates a lack of clarity.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The Insight Hub doesn’t just give us an opportunity, for the first time, to house all this industry leading content in one place, it also gives us the scope, resources and platform to create, commission and curate a far broader collection of business-critical intelligence than ever before. In addition, you can’t really understand the full picture of supply chain risk without listening to a webinar we ran entitled: COVID-19: Implications on Inventory Planning, Sourcing and Procurement.

How to Resource from China in 90 Days

Industry Star

The ongoing US-China trade war may have your organization thinking about resourcing, so we're here to tell you that it's definitely possible. Follow the steps provided in this blog to move your production operation and avoid resourcing pain. The post How to Resource from China in 90 Days appeared first on IndustryStar Solutions. Procurement China Onshoring Outsourcing Resourcing Sourcing Tariffs Trade War USA

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.

Moving to Continuous Sourcing: Real-Time Opportunity Sensing

LevaData

This explosion has rippled through supply chain and sourcing as access to useable data sources has increased. This data has the potential to revolutionize the way sourcing is conducted. Unfortunately, lean teams and limited resources mean a lot of sourcing teams struggle to manage this data effectively and so don’t reap the benefits of their digital bounty as a result. Increasing Agility With Cognitive Sourcing.

5 Reasons for Using Open-Source Software

Descartes

At the present, a number of open-source software are accessible over the Internet. Magento, combined with other open-source technologies, enable businesses all over the world to make reliable and flexible customer-oriented solutions. Many are still skeptical about open-source, but the software poses practical and philosophical reasons that should not be ignored. Through the open-source software, businesses can modify solutions according to their particular needs.

Procurement as a strategic advisory resource

Claritum

Procurement has to move away from a transaction based function and become an advisory resource. This article proposes that the most effective automation is “3-dimensional” and does not involve a procurement resource at all in over 80% of the transactions that need to be made.

Skills of Great Sourcing Professionals

EC Sourcing Group

What are the skills that define great sourcing professionals? Resourceful – Anyone who has had a supplier suddenly go out of business expects the best but plans for the worst. This makes you a valued resource.

JAGGAER is the Only Full Suite Provider Named as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites and as a Leader in Two Gartner Magic Quadrants

Jaggaer

In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. After being named a Leader by Gartner analysts in Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites and Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites*, JAGGAER was recognized on Gartner Peer Insights as a direct reflection of customer satisfaction.

How to Support Black-Owned Ecommerce Businesses + Resources for All Brands & Consumers

ShipBob

We’ve compiled the resources below that aim to help support the black community, from independent black-owned brands you can shop and steps the retail industry can take to better represent black founders, to causes you can donate to and steps other brands have taken that you can implement. Please note that one-time purchases and donations aren’t enough — be sure to bookmark these resources and others you come across.

Technology Improves Manufacturing Disaster Preparedness

DELMIA Quintiq

There are other disaster preparedness technologies available too, like all-in-one purification and desalination systems so residences and facilities can purify water from any source during an outage. Best Practices Digital Twin Digitalization Manufacturing Natural Resources

Artificial Intelligence to Improve Decision-Making in Procurement

Jaggaer

It goes on to recommend that vendors trial such systems at selected customer sites by developing robust procurement workflows from multiple sources of data and validating these in short, focused proofs of concept. “The first step in developing successful decision guidance systems is to develop robust procurement workflows from multiple sources of data.”. Procurement Resources Source-to-Pay Supplier Management

There are a Growing Number of Resources for People Interested in Machine Learning

Enterra Insights

Every now and then I run across articles listing resources for people interested in learning more about artificial intelligence (AI), cognitive computing, and machine learning. And, on occasion, people contact me about resources they provide in which they think readers of Enterra Insights might be interested. I thought I would pull a few of these articles and resources together in one article. The list of resources is not exhaustive.

Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing.

Lean 218

Supply Chain Management: How Businesses Can Increase Resilience and Mitigate Disruption

USC Consulting Group

The federal government has helped to increase the supply of PPEs by invoking the Defense Production Act, which mandates certain high-capacity industries to pause what they’re doing and devote resources to producing life-saving products and equipment. Ken Glasser, a global sourcing contracts manager at Axcelis Technologies, told Supply Chain Dive that dual sourcing has made supply chain disruptions easier to manage.