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

FMCG Sourcing: 4 Frequent Flaws to Avoid

Enchange Supply Chain Consultancy

FMCG Dave Jordan Sourcing supply chain excellenceThe Enchange Supply Chain House is available for those wishing to embark on a structured, medium-term journey towards Supply Chain excellence. What about those companies who need change now with no time to waste?

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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].

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

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.

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 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.

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 Can Sourcing Be Improved?

EC Sourcing Group

Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Sourcing Optimization: Have a Sourcing Calendar or Pipeline.

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

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.

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.

Types of Sourcing Strategies in Procurement

ProcurePort

The post Types of Sourcing Strategies in Procurement appeared first on ProcurePort Blog. Strategic Sourcing• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage.

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.

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.…

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.

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.

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.

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

ANNOUNCING: ProcureCon IT Sourcing 2022

Supply Chain Brain

ProcureCon IT Sourcing is back LIVE and IN-PERSON in the heart of Boston, MA at the Westin Copley Place this July 18 – 19, 2022

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.

Global Procurement Services and Strategic Sourcing – ProcurePort

ProcurePort

Companies cannot limit themselves to only sourcing from one supplier or market when value opportunities abound elsewhere. The post Global Procurement Services and Strategic Sourcing – ProcurePort appeared first on ProcurePort Blog.

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?

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

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.

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

The Role of Data in Sourcing Success

LevaData

It's difficult to source and buy direct materials at scale. Data is available now, more than ever, to considerably widen sourcing's remit, bringing in these under-addressed purchased items and hazards. The post The Role of Data in Sourcing Success appeared first on LevaData.

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

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension.

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

The 2022 Labor Shortage: 4 Concrete Tactics to Combat Employee Turnover and Source Staff

ToolsGroup

Source: Fortune. #3: Source: Fortune. The dreaded labor shortage. Whatever industry you’re in, you’re probably facing a swell of attrition, as 41% of the global workforce considers quitting. That thought keeping you up at night? Wondering what you can do about it? I’ve got you covered.

Unlocking Your Supply Chains True Potential in The Midst of Disruptions

Speaker: David Food - Head Of Supply Chain at Board International

In this webinar, Supply Chain Futurologist David Food will discuss how to manage risks and build customer loyalty in the midst of disruption. Don't miss out!

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.

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.

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.

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?

End to End Supply Chain Visibility - Solving The Data Problem

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.

Sourcing Parts Faster With Digital Manufacturing

Supply Chain Brain

The emergence of e-commerce for ordering parts has made the experience as easy as buying a book or toaster on Amazon.com, enabling supply chain managers, product designers, engineers and others to carry out the process quickly and on demand

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.

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.

The Digital Logistics Provider: Delivering a New Level of Service in the Age of IoT

In response to the growing complexity of the modern global supply chain, logistics service providers are embracing digital supply chain solutions powered by new IoT tracking technologies and data analytics.