Expert insights. Personalized for you.
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. MORE
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. MORE
” 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? 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
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. MORE
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. 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
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. 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. 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? MORE
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.”. MORE
We will continue to highlight free resources for those who are helping in the front lines — healthcare providers, fulfillment center associates, grocery store workers, and any others across the supply chain who are working hard for the greater good. . Addition resources. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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? MORE
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. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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! MORE
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. MORE
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. MORE
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 MORE
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. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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. MORE
Freightos
APRIL 2, 2020
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.
ivalua
NOVEMBER 27, 2019
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. 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?
Freightos
AUGUST 26, 2015
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.
Dragon Innovation
MARCH 24, 2020
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.
SCM Research
MAY 13, 2012
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
|
Supply Chain Opz
OCTOBER 5, 2016
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.
The Network Effect
MARCH 25, 2016
” 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?
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.
Supply Chain Game Changer
NOVEMBER 20, 2018
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!
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.
|
Provenance
JUNE 1, 2020
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.”.
Supply Chain Opz
JANUARY 19, 2015
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.
Material Handling and Logistics
JULY 13, 2018
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.
Elementum
MARCH 27, 2018
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.
Elementum
MARCH 27, 2018
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.
USC Consulting Group
MARCH 3, 2020
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?
SCM Research
MARCH 23, 2015
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 Logistics of Logistics
FEBRUARY 16, 2014
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.
KEPLER Consulting
OCTOBER 18, 2017
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.
HICX Solutions
MAY 1, 2019
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.
EFT
MAY 19, 2020
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.
Industry Star
SEPTEMBER 7, 2019
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
Supply Chain View from the Field
OCTOBER 12, 2015
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.
LevaData
JULY 9, 2019
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.
Descartes
FEBRUARY 11, 2016
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.
Claritum
OCTOBER 12, 2018
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.
EC Sourcing Group
DECEMBER 2, 2019
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
NOVEMBER 29, 2018
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.
ShipBob
JUNE 9, 2020
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.
DELMIA Quintiq
JANUARY 27, 2020
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
Jaggaer
OCTOBER 22, 2019
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
Enterra Insights
OCTOBER 23, 2019
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.
Supply Chain Shaman
JUNE 14, 2018
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.
USC Consulting Group
APRIL 21, 2020
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.
40 
Let's personalize your content