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.” The findings were derived from an online survey of 250 executives at leading U.S.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

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.

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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.

Vendor Profiling Survey Now Open

Supply Chain View from the Field

If you’re interested in this topic, be sure to take the survey. All participants will receive a best practices report after the survey is closed, in May 2015. MBA Supply Chain Organizing for Supply Chain Procure to Pay Strategic Sourcing Supplier Relationship Management A group of my MBA students are working on a project benchmarking vendor profiling approaches. The goal of the study is to. Understand different information companies ask from suppliers.

What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Transplace

We Surveyed the Transplace Network. Last week, we surveyed Transplace’s network of customers of $9+ billion of freight under management to reveal the impacts of the pandemic. Of those surveyed: 81% use Transplace’s Transportation Management System (TMS).

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”.

Survey 184

Blockchain for Responsible Sourcing – Where Does It Fit?

SupplyShift

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? Walmart launched a pilot program with IBM to record sourcing and supply chain data on the blockchain.

How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries.

Digital Sourcing in the New Retail Economy

Supply Chain 24/7

This ebook reveals the findings of a survey of 250 retailers focusing on the state of global sourcing and supply chain management, it reveals how retailers still have a long way to go to better streamline communication and simplify their operations

eBook 48

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”

Survey 130

Early AI Adopters Are Pulling Ahead of the Competition in Sourcing and Procurement

LevaData

Our Cognitive Sourcing Survey 2018 revealed that the shift towards data-driven, computer-assisted negotiation and decision making is well underway in the procurement industry. In the instance of direct material sourcing, these developments have been particularly delayed.

47% of supply chain executives still rely on Excel says survey

EFT

Advanced analytics powered by artificial intelligence (AI) can leverage the vast amount of data available from both structured and unstructured sources to uncover new opportunities to make faster and smarter business decisions.

New Survey Reveals Levels of Outsourcing in Supply Chain Expected to Grow by Over 40%

Arkieva

The survey of over 100 manufacturing companies included a wide variety of industries including chemical, consumer packaged goods of which 42% were large businesses with annual revenues greater than 1 billion in sales. Source: SupplyChainDigest.

Meeting the Outsourcing Challenge

OneSCM

A survey of manufacturers, distributors, and retailers, and outsourced manufacturing and logistics services providers. The results of our survey, shown below, are the top reasons companies outsource manufacturing and logistics.

International Markets Growing Source of Revenue for SME

Material Handling & Logistics

Over the next five years, more than three-quarters of companies surveyed anticipate their revenue from global sales to increase by about 30% on average.

Incorporating Supplier CSR Ratings In The Sourcing Process: The Basics

EcoVadis

Now that sustainability has risen to be one of the most highly visible topics for customers and stakeholders, management teams face the challenge of “How do you incorporate CSR ratings in the sourcing process?”. Next, develop a supplier survey for screening potential alternative suppliers.

New Survey from JDA and KPMG Highlights Top Drivers and Inhibitors of Supply Chain Investment

Supply Chain Nation

During the Executive Exchange, JDA and KPMG released an exclusive preview of the findings from the new survey, Digital Supply Chain in Retail & Manufacturing: A State of the Industry Benchmark , conducted by Incisiv.

New Survey from JDA and KPMG Highlights Top Drivers and Inhibitors of Supply Chain Investment

Supply Chain Nation

During the Executive Exchange, JDA and KPMG released an exclusive preview of the findings from the new survey, Digital Supply Chain in Retail & Manufacturing: A State of the Industry Benchmark , conducted by Incisiv.

New Survey Says Alignment of Supply Chain and Business Strategies Is Critical to Success

Creating Supply Chain Excellence

According to a recent survey by Tompkins Supply Chain Consortium, nearly 80 percent of participants agree. From a global view, survey participants from North America believe their supply chains are of greater value to their companies than do the rest of the world.

Establishing Procurement as a Competitive Advantage

ivalua

Leaders need to be more ambitious if they are to truly establish Procurement as a source of strategic value. If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example). Alex Saric, CMO, Ivalua.

How the Pandemic Has Cast a Spotlight Emphasizing Contingency Planning

USC Consulting Group

This has led many Americans to lose confidence in the economy’s vibrancy; just 25% of respondents in a recent LIMRA survey believe it to be in good shape, down from 56% as recently as January. In a survey performed by the U.S.

5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping

Supply Chain Nation

That’s why JDA recently surveyed over 1,000 U.S. The survey uncovered the following five consumer perceptions and forward-looking plans in response to the ongoing tariffs: 1. trade war/tariffs with China leading into the holiday season compared to 28% at the beginning of the survey.

China 76

Coronavirus Supply Chain Response: Near-Term Actions to Take Today

Jaggaer

Survey suppliers regularly to stay on top of stock levels and predict any disruptions. Consider Your Sourcing Options. It’s vital to quickly establish an alternative source of supply before something goes wrong. . Savings Management Source-to-Pay

Businesses facing high costs of supply chain disruption

Supply Chain Movement

A newly published report from the Business Continuity Institute (BCI) highlights that nearly a quarter respondents to a survey claimed their organisation had suffered losses of at least €1 million during the previous twelve months (up from 15% last year) as a result of supply chain disruptions.

The Trade Trends Report: 2017 Survey on Sourcing, Trade and e-Commerce

Supply Chain 24/7

Global trade professionals have endured a large amount of turmoil in 2017, potentially impacting every area of the business. This new report from Amber Road and American Association of Exporters and Importers (AAEI) explores some of the main disrupters of global trade and strategies to combat them

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor.

5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping

Supply Chain Nation

That’s why JDA recently surveyed over 1,000 U.S. The survey uncovered the following five consumer perceptions and forward-looking plans in response to the ongoing tariffs: 1. trade war/tariffs with China leading into the holiday season compared to 28% at the beginning of the survey.

China 52

Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

Sourcing automation. Sourcing Strategy Advisor. Gartner wrote in the same report: Seventy-five percent of application software vendor CEOs who participated in Gartner’s Tech and Service Provider CEO Survey indicated the intent to incorporate AI into their products by 2020.

Making Procurement Autonomous: Embracing the Future in the Present

Jaggaer

Of companies surveyed , this is where the majority of advanced procurement teams stand. . “Good procurement teams look for ways to develop new approaches to sourcing, supplier management, purchasing, and more.” eProcurement Source-to-Pay

Artificial Intelligence to Improve Decision-Making in Procurement

Jaggaer

Unsurprisingly, therefore, our own survey surfaced considerable doubt about where to go next with artificial intelligence technologies. “The first step in developing successful decision guidance systems is to develop robust procurement workflows from multiple sources of data.”.

What Does Augmented Analytics Mean for Procurement?

Jaggaer

And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. Traditionally, if you wanted to get at this to perform advanced analytics you would first need someone (typically a data scientist or programmer) to write a special extract-transform-load [ETL] routine to get the data you need from various sources, put it in the right format, and load it into a data warehouse or data mart. Source-to-Pa

Circular Supply Chains: The impact.

DynaSys

The latest KPMG Survey [1] of Corporate Responsibility Reporting found that 93% of global 250 companies are publicly declaring sustainability and corporate responsibility standards. Some publications focus on the recycling aspect, others on carbon emissions and others on sustainable sourcing.

Leveraging Data in a Digital Transformation: Lessons from JAGGAER’s Fireside Chat

Jaggaer

For more on leveraging data, download JAGGAER’s 2019 Digital Procurement Survey Report. Events Source-to-PayDigital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores , delivery rates and more.

You Can’t Achieve Procurement Success Without A Strong Foundation

HICX Solutions

In fact, according to a survey carried out by PayStream Advisors , 39% of enterprise-level (companies with revenues greater than $2bn) procurement and sourcing professionals listed ‘increasing supply chain efficiency’ as their main aim when it comes to managing suppliers. To get a much more detailed understanding of how to achieve Sourcing and Procurement success, read our dedicated white paper.

Customers demand more sustainable supply chains

Supply Chain Movement

Sustainable sourcing is a fast developing requirement, driven by customers. Luca Crisciotti: “Sustainable sourcing is a fast developing requirement, driven by customers.”