Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. Key Takeaways – Sourcing Strategy: Effective vs Efficient.

Implementing an Effective Logistics Strategy

Enterra Insights

When a person hears the term “strategy,” they often think about military operations. ” A strategy is a plan of action that helps get you to where you want to go. Developing an Effective Logistics Strategy. Correct positioning of the logistics strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Can Your Current Manufacturing Strategies Ensure Future-Proof Operations?

DELMIA Quintiq

The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. Key manufacturing strategies for competitive, future-proof operations.

What is Capacity Planning? Supply Chain Planning’s Feng Shui Strategy for Success

ToolsGroup

From scheduling production, ordering materials, utilizing resources, navigating process bottlenecks, and identifying opportunities for increased efficiencies, capacity planning involves a lot of moving pieces. What’s the maximum amount that I can produce at peak efficiency?

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

Agile Supply Chain VS Efficient Supply Chain

DynaSys

FROM EFFICIENCY TO AGILITY. The ideal strategy to survive and prosper in a dynamic environment is to have an agile behavior that is conducive to change. Supply chain experts have traditionally focused on efficiency and consequently pursued the lowest unit cost dream.

Side-stepping the Pitfalls of a Digital Strategy for 2022

Supply Chain Shaman

Yes, a time when well-meaning supply chain leaders share their strategy decks for the upcoming year and ask me for an opinion. How do we seamlessly connect outcomes from optimization to drive policy, strategy, and rules? It is that time of year.

Supply Chain Communication: 4 Effective Strategies for Better Supplier Communication

ToolsGroup

Your demand planning and forecasting strategy are in tip top shape. Single-source suppliers. Sole-source suppliers. Use these 8 strategies to combat supply shortages. Your strategy would evolve. “What we have here…is a failure to communicate.”

Behind Toyota’s 2021 U.S. win? A better sourcing strategy

Resilinc

spokesperson noted that this was not Toyota’s goal – and likely not sustainable – the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. A better sourcing strategy appeared first on Resilinc.

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor.

The Ultimate Guide to Executive Recruiting

Sourcing the right executive candidates and filling key managerial roles in an organization can be difficult, even in the best of times. Download this eBook to level up your discovery process, talent sourcing, and strategies for reaching your best-fit candidates.

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And for that reason, they can absorb and avoid disruption, measure variability proactively, and establish the rights strategies and inventory buffers to address it across the supply network and short- and long-term planning horizons. Developing Diverse, Resilient Sourcing Strateg ies.

Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. These are the must-haves for any effective freight sourcing team. Subscribe Here! Email Address.

A Holistic Smart City Strategy Requires a Digital Twin

Enterra Insights

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. Digital twin technology can also enable a raft of other uses case to help cities operate more efficiently.”

What is Sourcing Strategy and Why is it Important?

ProcurePort

• Strategic sourcing is a combination of activities aimed at aligning a company’s procurement spend with its overall objectives. • The sourcing strategy balances numerous variables in supply chains as well as the various interests of internal […]. Strategic Sourcing

What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. provide source].

The Importance of Outlining a Sourcing Roadmap

Industry Star

If your organization doesn't have time to execute strategic sourcing, then deploying a Sourcing Roadmap could be the tool you need improve efficiencies and communication. Procurement Cloud Software Product Development Purchasing Sourcing Strategy Supply Chain

What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

The 7 Steps in the Strategic Sourcing Process

All Things Supply Chain

With the advent of COVID-19 pandemic, supply chains and demand have been massively disrupted and are causing inventory issues, unclear delivery reliability, and a significant risk in single-source supplier circumstances.…

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

USC Consulting Group

Whether it’s eliminating single-use bottles or encouraging shoppers to bring their own bags, small efforts such as these serve as effective strategies that pay dividends. “Which energy source gets you the most power delivery for your investment dollar?

Make Your Manufacturing Business More Efficient!

Supply Chain Game Changer

8 Ways to Improve Your Warehouse Fulfillment Efficiency! The secret lies with one dictionary word; efficiency. Efficiency will ensure that you’ll achieve high production figures while minimizing costs. As a manufacturing company, how will you ensure you attain efficiency?

Efficient Frozen Food Distribution: Inside the Build-out of Two Automated Facilities

Logistics Viewpoints

In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model. Sources of Efficiency.

How New Supply Chain Technologies Are Boosting Efficiency

ShipBob

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. On-demand logistics and delivery relies on speed and efficiency.

How Regional Networks Create Trucking Efficiency

GlobalTranz

Creating trucking efficiency through transportation management optimization is an essential part of supply chain management and network navigation. Maintaining overall efficiency within the OTR trucking industry relies on having access to a network of both national and regional providers.

Is a VMI strategy right for me?

Kanban Logistics

What is a VMI strategy? With a VMI strategy , a third-party logistics provider (3PL) will store goods that your manufacturing operation will eventually require. VMI strategy: Only for the big boys? VMI part of an inbound logistics strategy.

Supply Chain Strategy and the Post-pandemic World

Enterra Insights

” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? ”[2] Logistics is not the only supply chain area that needs an effective strategy in place. What is supply chain strategy?

What Is Vendor Sourcing?

EC Sourcing Group

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Auction Vendors: The Basics of Vendor Sourcing.

How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

factory selection sourcing supply chain management Contract Manufacturer supply chain RFQGlobal manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future.

Energy Efficiency Is Key to Better Logistics

Material Handling and Logistics

And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. In many cases, devising ways to become energy-efficient involves activities that benefit the environment and simultaneously cut costs. Whether you replace light bulbs or have fuel-efficient trucks, the ROI happens quickly.”.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

Slotting is about product placement and ensuring we have an operation that is as efficient as possible. Those picks are much more efficient than store picks and less disruptive to customers. Image source: Peapod. We factor that into our recruiting strategy. The post How Peapod drives supply chain innovation and efficiency with analytics appeared first on AIMMS - Supply Chain Management, Analytics, and Optimization Blog.

Achieve Supply Chain Visibility With Efficient Technology Integrations

GlobalTranz

But if those systems aren’t working together to give you a single source of truth for your supply chain, you could be missing important details and opportunities to run an efficient operation. Supply chains are complex and ever evolving.

Watch: The ‘China Plus One’ Sourcing Strategy

Supply Chain Brain

Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs

6 Things a World-Class Strategic Sourcing Team Must Consider

ProcurePort

• Strategic sourcing is a practice in procurement that seeks to utilize a single, integrated process for purchasing and supply chain management. So, as opposed to sourcing which is the actual […]. Strategic Sourcing

Empower Better Sourcing Decisions with a Digital Supply Chain Platform  

Logility

This is due to operational efficiencies and waste reduction, as well as mitigated risks. And it all begins with sourcing. You can’t manage your sourcing without data, and that requires a single source of truth – a repository for all types of audits and scores.

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. What is Single Sourcing or Sole Sourcing?

Using Advanced Analytics to Improve Your Sourcing Outcomes

EC Sourcing Group

Read on to better understand of advanced analytics, their benefits, and how they will improve your sourcing outcomes. A well-designed sourcing dashboard helps the CPO move projects ahead and view all events in one place using graphs, charts, and tags as guides/alerts.

Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. 100% visibility of sourcing processes.

Supply Chain Agility: 6 Strategies to Improve Agility

ShipBob

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. As your supply chain grows, the harder it is to make informed decisions in an efficient manner.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

Slotting is about product placement and ensuring we have an operation that is as efficient as possible. Those picks are much more efficient than store picks and less disruptive to customers. Image source: Peapod. We factor that into our recruiting strategy.