Supply meets demand: New sourcing automation solution targets ocean freight procurement

Manufacturing & Logistics IT

Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution

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].

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Guide to FMCG Supply Chain – Sourcing Function

Enchange Supply Chain Consultancy

The all-encompassing Planning function was the focus of the most recent article and this time we look at Source or Sourcing and this discipline is not as straight-forward as the name may suggest. Dave Jordan Supply Chain Supply Chain House Sourcing

Top 10 Tips to Effective Sourcing Execution in S&OP

Enchange Supply Chain Consultancy

FMCG Dave Jordan Sourcing supply chain excellence SUPPLY PLANNINGThe Enchange Supply Chain House ; the one-stop shop for the elements you need to achieve supply chain excellence.

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

Improving on Strategic Sourcing

Logistics Viewpoints

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

Top 10 Tips to Build a Partnership Driven FMCG Sourcing Operation

Enchange Supply Chain Consultancy

Now is the time to take a deeper-dive look at what you need in place to obtain the best value from your Source discipline. Dave Jordan Supply Chain Supply Chain House Sourcing supply chain excellence procurement

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

Global Supply Chains — A Source of Strength

Enterra Insights

3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] The post Global Supply Chains — A Source of Strength first appeared on Enterra Solutions.

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.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

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?

Four Key Strategic Sourcing Benefits

QAD

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Cost savings is certainly an important benefit, if not the most important benefit derived from strategic sourcing efforts.

Digital Sourcing: Digital Solutions for Procurement

ProcurePort

How has technology impacted procurement and sourcing in the supply chain? With increasing pressure to mitigate spend and streamline processes, Chief Procurement Officers have turned to digital sourcing and digital solutions for help. Strategic Sourcing

If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. The post If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

Successful Strategic Sourcing Engagement? What’s Next?

QAD

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. Or, contact us directly to find out how QAD can progress your sourcing, procurement and supplier management efforts.

What is Meant by Intelligent Sourcing?

ProcurePort

As enterprises now battle to resume operations moving out of business continuity mode, intelligent sourcing has come up repeatedly as […]. The post What is Meant by Intelligent Sourcing? Strategic Sourcing

What is Direct Sourcing in Recruiting?

ProcurePort

What is direct sourcing in recruiting and how does it affect your procurement efforts? When it comes to purchasing and supply chain management, sourcing plays a pivotal role. Sourcing is a key component of procurement. There are two types of sourcing […].

Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all… General Supply Chain Management automotive supply chain coronavirus supply chain management supply chain sourcing

End to End Supply Chain Visibility - Solving The Data Problem

Transportation Sourcing in an Omni-channel World

Talking Logistics

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.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

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.

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study

EC Sourcing Group

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.

5 Critical Supply Chain Risk Mitigation Principles for Sourcing

ProcurePort

Are you thinking of developing a new sourcing risk management plan? Wondering how to better mitigate supply chain risk when sourcing? The post 5 Critical Supply Chain Risk Mitigation Principles for Sourcing appeared first on ProcurePort Blog. Strategic Sourcing

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.

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.

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.

Sourcing Regionally to Ensure Supply Chain Resilience

Logistics Middle East

The post Sourcing Regionally to Ensure Supply Chain Resilience appeared first on Logistics Middle East.

Open Source Helps SMBs with B2B

Descartes

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. From a technology standpoint, an open source eCommerce platform is the best option for SMBs. Since open source is continuously tested by developers, SMBs can save more and more on costs as they keep working with the system.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

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 is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.

Top 5 Sourcing and Procurement Techniques

EC Sourcing Group

Top 5 Sourcing and Procurement Techniques. Sourcing and procurement in supply chain management play some of the most important roles. Read on to learn more about the top sourcing and procurement solutions and how you can integrate them into your workflow.

Demystifying Transportation Sourcing – A Practitioner’s View

EC Sourcing Group

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

EC Sourcing Group Expands its Leadership Team

EC Sourcing Group

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

How to Optimize Your Procurement Sourcing Systems

EC Sourcing Group

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. Ethical Sourcing. percent more on ethically sourced products.