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

Manufacturing Sourcing in China- What Have We Learned?

Supply Chain Matters

China Supply Chain Strategy Procurement and Sourcing Product Lifecycle Management Supply Chain Risk Management Supply Chain Strategy challenges in sourcing and procurement independent supply chain and B2B industry analyst Bob Ferrari's blog sourcing manufacturing in China strategic sourcing strategies Supply chain Matters blogI recently came across a report from business network CNBC that had the eye-gripping title; Why US Manufacturers are Nixing the US for China.

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.

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 decisions can complicate or simplify this process.

End to End Supply Chain Visibility - Solving The Data Problem

simply seeing information in one place, aggregating data from multiple sources. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the. Amazon effect," many companies are. looking to digital ly transform their. businesses.

Supply Chain Sourcing Taking on More Geo-Political Significance

Supply Chain Matters

The importance and implications of existing or future supply chain management sourcing strategies continue to be brought to light. Global trade trends Procurement and Sourcing Social Responsibility Strategies for Global Supply Chains Supplier Management Supply Chain Performance Supply Chain Risk Management effects of Brexit on industry supply chains supply chain global sourcing strategies Supply chain Matters blog

Finished Product Sourcing

Insights Solutions Global

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

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.

Vanilla Sourcing in Madagascar

SCM Research

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.

Report of Pending Product Sourcing Risks for European Based Manufacturers

Supply Chain Matters

Global Trade Issues Global trade trends Procurement and Sourcing Supply Chain Strategy global product and procurement sourcing strategy global product sourcing challenges independent blog analysis and insights on supply chain management Supply chain Matters blog

Removing the 3 Barriers to Building a Predictive Supply Chain

Sourcing it from third-party sources is interesting and. IoT-sourced data offers exciting opportunities but in the shipping industry, there’s value within. multiple sources. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc.

Hilarious Sourcing Videos

NC State SCRC

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

Responsible Sourcing Insights

SCM Research

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.

Lumber Liquidators Suspends All China Sourced Laminate Flooring Products

Supply Chain Matters

Lumber Liquidators, one of the largest and fastest growing retailers of hardwood and laminate flooring in North America, announced this week that it is suspending all of its China sourced laminate flooring products. Procurement and Sourcing Product Quality Retail Supply Chain Supply Chain Disruption Supply Chain Risk Management blog dedicated to supply chain management Lumber Liquidators supply chain Supply chain Matters blog Supply Chain Risk

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

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!

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

Creating a Sourcing and Procurement Process Plan

Arkieva

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.

Global Supply Chain Risk Exposures Report- Continued Reinforcement for More Risk-Balanced Sourcing Decisions

Supply Chain Matters

From our Supply Chain Matters lens, it provides a yet another stark indicator that supply chain disruption and risk criteria were most likely not weighted high in past outsourcing or global based manufacturing and strategic sourcing strategies. Within its 5th annual Natural Hazards Risk Atlas, risk analytics and advisory firm Verisk Maplecroft calls attention to high profile risk cities that happen to be today’s growing manufacturing and logistics hubs.

Is Supply Chain “The” Source of Greater Economic Stability?

Logistics Viewpoints

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

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.

Your Supply Chain Probably Has a Data Problem - Start There

sources of value for customers. Without a centralized data source insights are difficult to gather and hidden. A Blueprint For Supply Chain Transformation The Data First Approach Introduction Over the past few decades, supply chains have evolved from a sub-function.

Lumber Liquidators Terminates Sourcing of China Produced Laminate Flooring

Supply Chain Matters

Procurement and Sourcing Product Quality Retail Supply Chain Lumber Liquidators China sourcing Lumber Liquidators supply chain Supply chain Matters blogIn February of 2015, Lumber Liquidators, at the time, one of the largest and fastest growing retailers of hardwood and laminate flooring in North America was involved in a supply chain expose. Approaching 18 months later, the retailer continues to deal with the customer, brand and financial impacts of that disclosure.

Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization

ivalua

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

Deep Dive on 2017 Prediction Four: Increased Anti-Trade Geopolitical Forces Provide Added Global Sourcing Challenges

Supply Chain Matters

The following Supply Chain Matters blog is part of our ongoing series of deep dives into each of our previously unveiled ten 2017 Predictions for Industry and Global Supply Chains. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast […].

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

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.

The 4 Stages of Supply Chain Analytics

process has been scaled in-house, then out-sourced, and partnered with rigid, error-prone ETL automation. Supply Chain Data Maturity A Guide to Transformation. How Mature is Your Supply Chain? Digital transformation is now a central theme in the industry. This isn’t.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

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.

A Different Investment Environment Concerning China- Differentiating Market and Supply Chain Sourcing Strategies

Supply Chain Matters

China Supply Chain Strategy Manufacturing Strategies Procurement and Sourcing Product Lifecycle Management Supply Chain Strategy global supply chain sourcing strategies independent blog analysis and insights on supply chain management procurement sourcing strategy Supply chain Matters blog supply_chain_matters

GAP Elects to Source Some Apparel Production within Myanmar

Supply Chain Matters

announced plans to source apparel production within factories in the country of Myanmar and the headline was the first U.S. apparel retailer to source in that country since sanctions were lifted two years ago. The apparel retailer indicated that it had engaged in a sourcing deal involving South Korean owned factories that operate in the country. According to a published report in the Wall Street Journal, the announced sourcing represents one of the largest U.S.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

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.

Supply Chain Matters Founder Bob Ferrari to Speak at Intesource E-Sourcing Innovation Conference

Supply Chain Matters

Such trends include more rapid advances in the technology and software applications supporting sourcing and procurement business processes. On March 8-10, e-Sourcing technology provider Intesource will be hosting its 2015 InnovationBest Practices in Sourcing customer conference in Las Vegas. This week on the Intesource E-Sourcing Society blog, Bob is featured […]. The role and contribution by procurement to the business is changing rather rapidly.

Factory Destruction Across Vietnam: Supply Chain Sourcing Flexibility and Resiliency Has Never Been as Important

Supply Chain Matters

In the quest to seek alternative global low-cost manufacturing sourcing across multi-industry supply chains, countries such as Thailand and Vietnam were high on the list. Both offered relatively attractive direct labor wage rates while offering a highly educated and motivated workforce. Up to this point, that has resulted in a steady flow of foreign investment in these countries including internal supply chain ecosystem capabilities.

Overt Signs of Trump’s Agenda for Confrontation on Global Sourcing and Trade Policy

Supply Chain Matters

Automotive Supply Chain Global Trade Issues Global trade trends Procurement and Sourcing Supply Chain Strategy strategic production sourcing in Mexico supply chain global sourcing challenges under a Trump administration Supply chain Matters blog threatened changes to North America Free Trade AgreementWhat is fast becoming a new norm for business risk is that of a direct public attack via a Twitter “tweet” from U.S. President Elect Donald Trump.

Is Amazon In-Sourcing or Creating a New Service? You Already Know

Cerasis

The post Is Amazon In-Sourcing or Creating a New Service? E-Commerce Logistics Freight Logistics amazon in-sourcingAmazon didn’t get to where it is today (hit a market cap of $1 trillion in Sept. 2018) by resting on its laurels. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon.read More. You Already Know appeared first on Transportation Management Company | Cerasis.

Local Sourcing, Global Supply Chain

BluJay Solutions

Yet the company is at pains to make it clear this is part of a global operations strategy, with devices continuing to be assembled in China and Brazil and components presumably continuing to be sourced from emerging markets based on cost and quality.

Successful sourcing in China using the START model

Supply Chain Movement

“Catch the goat when it’s passing” is one of my favourite Chinese sayings, and it is particularly apt when you’re looking to source new products or materials in China. The post Successful sourcing in China using the START model appeared first on Supply Chain Movement.

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