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Sedex is a nonprofit organization dedicated “to driving improvements in ethical and responsible business practices in global supply chains” Their new six-part “Responsible Sourcing Insights Films” series tackles key challenges in responsible supply chain management. MORE
The problem with having multiple sources of truth is that, when the data is input into these various solutions from different entry points, it will move between the systems and then exit from whichever system it happens to be in at the time. multiple sources) appeared first on HICX Solutions. MORE
In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds. MORE
A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. 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. One is the thought process around best-cost sourcing versus least-cost sourcing. MORE
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. 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
On Saturday I engaged in a rare weekend activity for myself – I actually thought about supply chain. I thought about the transition from “push” processes to greater use of demand pull in replenishment; how retailers are sharing downstream POS data with their suppliers to develop a more efficient supply network; how multi-echelon inventory optimization […]. Inventory Management Production Statistics Supply Chain Planning MORE
But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? The post Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Tuesday, January 20, 2015 at 12:00 ET. MORE
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. MORE
The post Finished Product Sourcing appeared first on Insight Solutions Global. With the help of Insight Solutions Global, the client cut the spending and saved up to $120,000/year, reduced the lead time and gained more leverage in the supply chain. Case Study 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
You've got fast fashion , global competition, changing demographics, seismic political shifts, demanding consumers, product innovation, and throw in an NGO or two pushing for ethical sourcing and sustainability (rightfully so). MORE
Owner-operators are freedom-loving entrepreneurs. They own their trucks and want to earn a good living, while remaining independent. Some may choose to hunt profitable freight on load boards, while others align with carriers to provide dedicated capacity. 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. MORE
What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. MORE
Food brands have always recognised the importance of sourcing the right ingredients. Communicating sustainable sourcing at Balance Festival. Knowing the source of ingredients will only continue to increase in importance as market demands grow. MORE
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers. MORE
The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. MORE
Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined. MORE
Sourcing is a key component of your Supply Chain – perhaps the most important part. That’s where Strategic Sourcing comes into play. Are you getting the most out of your current sourcing vendor relationships? An important lever for modern organizations. MORE
I had an opportunity to watch some hilarious sourcing videos recently that I discovered on a sourcing blog by Citro Strategy. Contract Management Customer Relationship Management Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Management MORE
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! MORE
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
Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? According to Joe, enVista’s Director of Transportation, “The key to omni-channel sourcing is that it requires you to understand your goals and objectives. MORE
Over the past few years, as supply chains have grown in scale and complexity, so has the logistics sourcing process. Mature sourcing organizations, which have been doing traditional sourcing and category management, are starting to plateau in terms of savings and impact to their organizations, yet each year are faced with increasing savings mandates and pressure to improve performance. Live Episode: Thursday, October 15, 2015 at 12:00 ET. MORE
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. MORE
In early November, the Northeast Cargo Symposium had a series of presentations and panels focused on how trade disputes are affecting companies that source from abroad. The post Finding Alternatives to Sourcing in China Can be Difficult appeared first on Logistics Viewpoints. MORE
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing decisions can complicate or simplify this process. MORE
Thanks to open source, B2Bs can now address back office functions. Open source can make all the difference for SMBs to satisfy both their suppliers and customers. In order to thrive in eCommerce, they need an open source B2B commerce platform. MORE
Make a comprehensive list of the equipment that you need before you begin sourcing these items. Many restaurants go through a separate distributor for their regular food items and baked goods, as they can source baked goods locally that are fresher. 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. 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
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain MORE
On the surface, local sourcing seems simple – work with local suppliers in the areas where you do business globally. The post Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization appeared first on Directworks. Blog Local Sourcing Supply Chain MORE
New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing MORE
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing MORE
Sourcing Related Topics ivalua
NOVEMBER 27, 2019
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.
Talking Logistics
DECEMBER 6, 2017
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing decisions can complicate or simplify this process.
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Logistics Viewpoints
JANUARY 14, 2016
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing
ivalua
APRIL 2, 2019
New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Sourcing consus global e-sourcing source to pay sourcing
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Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making
Talking Logistics
APRIL 29, 2015
Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? According to Joe, enVista’s Director of Transportation, “The key to omni-channel sourcing is that it requires you to understand your goals and objectives.
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Talking Logistics
MARCH 27, 2013
A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. 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. One is the thought process around best-cost sourcing versus least-cost sourcing.
SCM Research
SEPTEMBER 13, 2014
In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds.
SCM Research
AUGUST 27, 2013
Sedex is a nonprofit organization dedicated “to driving improvements in ethical and responsible business practices in global supply chains” Their new six-part “Responsible Sourcing Insights Films” series tackles key challenges in responsible supply chain management.
Logistics Viewpoints
JULY 1, 2019
The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Satellite imagery data represents another data set that may have the potential to improve company’s supply chains.
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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.
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.
Supply Chain Game Changer
JULY 3, 2019
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.
Amber Road
APRIL 23, 2019
You've got fast fashion , global competition, changing demographics, seismic political shifts, demanding consumers, product innovation, and throw in an NGO or two pushing for ethical sourcing and sustainability (rightfully so).
NC State SCRC
APRIL 29, 2017
I had an opportunity to watch some hilarious sourcing videos recently that I discovered on a sourcing blog by Citro Strategy. Contract Management Customer Relationship Management Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Management
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. However, priority is always given to cost cutting initiatives.
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?
ivalua
APRIL 23, 2015
On the surface, local sourcing seems simple – work with local suppliers in the areas where you do business globally. The post Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization appeared first on Directworks. Blog Local Sourcing Supply Chain
ivalua
JULY 15, 2015
Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.
USC Consulting Group
FEBRUARY 5, 2019
Sourcing is a key component of your Supply Chain – perhaps the most important part. That’s where Strategic Sourcing comes into play. Are you getting the most out of your current sourcing vendor relationships? An important lever for modern organizations.
ivalua
JULY 22, 2015
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.
Talking Logistics
JANUARY 12, 2015
But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? The post Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Tuesday, January 20, 2015 at 12:00 ET.
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!
AFFLINK
NOVEMBER 5, 2019
Make a comprehensive list of the equipment that you need before you begin sourcing these items. Many restaurants go through a separate distributor for their regular food items and baked goods, as they can source baked goods locally that are fresher.
Provenance
MAY 16, 2019
Food brands have always recognised the importance of sourcing the right ingredients. Communicating sustainable sourcing at Balance Festival. Knowing the source of ingredients will only continue to increase in importance as market demands grow.
Insights Solutions Global
OCTOBER 18, 2018
The post Finished Product Sourcing appeared first on Insight Solutions Global. With the help of Insight Solutions Global, the client cut the spending and saved up to $120,000/year, reduced the lead time and gained more leverage in the supply chain. Case Study
Talking Logistics
OCTOBER 7, 2015
Over the past few years, as supply chains have grown in scale and complexity, so has the logistics sourcing process. Mature sourcing organizations, which have been doing traditional sourcing and category management, are starting to plateau in terms of savings and impact to their organizations, yet each year are faced with increasing savings mandates and pressure to improve performance. Live Episode: Thursday, October 15, 2015 at 12:00 ET.
ivalua
MARCH 11, 2015
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain
Arkieva
JANUARY 13, 2017
What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan.
ivalua
NOVEMBER 25, 2015
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey.
KEPLER Consulting
OCTOBER 18, 2017
Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. 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
The problem with having multiple sources of truth is that, when the data is input into these various solutions from different entry points, it will move between the systems and then exit from whichever system it happens to be in at the time. multiple sources) appeared first on HICX Solutions.
Consumer Goods Logistics
JUNE 6, 2019
Owner-operators are freedom-loving entrepreneurs. They own their trucks and want to earn a good living, while remaining independent. Some may choose to hunt profitable freight on load boards, while others align with carriers to provide dedicated capacity.
Supply Chain View from the Field
JULY 17, 2015
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!
Logistics Viewpoints
DECEMBER 2, 2019
In early November, the Northeast Cargo Symposium had a series of presentations and panels focused on how trade disputes are affecting companies that source from abroad. The post Finding Alternatives to Sourcing in China Can be Difficult appeared first on Logistics Viewpoints.
Logistics Viewpoints
JUNE 10, 2015
On Saturday I engaged in a rare weekend activity for myself – I actually thought about supply chain. I thought about the transition from “push” processes to greater use of demand pull in replenishment; how retailers are sharing downstream POS data with their suppliers to develop a more efficient supply network; how multi-echelon inventory optimization […]. Inventory Management Production Statistics Supply Chain Planning
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