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

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. Read on to learn more about how to optimize your procurement sourcing systems. .


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Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah


Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints selected Ivalua because of their ability to deploy quickly, support all spend categories, easily integrate with existing ERP systems and meet their unique industry requirements.

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.

Open Source Helps SMBs with B2B


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.

Best Practices on How to Implement Supply Chain Management Systems


Some of the best practices on how to implement supply chain management systems include avoiding too many systems, keeping an eye on competitors, and creating clear expectations. Avoid Heavily Customized Systems That Incur Long-Term High TCO.

Health systems pushing medical suppliers on sustainability

The Supply Chain Journal

The trend: As hospital systems aim to reduce their carbon emissions and other pollutants, they’re pushing manufacturers, distributors and other suppliers to adopt more aggressive environmental goals. Other health systems hope to follow suit. . Let’s look at how the whole system works.”.

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. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Sourcing and Procurement: One but Not the Same


As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. In the following comparison table, you'll discover the main differences between these two essential processes: Sourcing. Builds supply channels and systems.

Wise Systems, Mitsubishi Fuso partner to offer aftermarket routing solutions

The Supply Chain Journal

On Wednesday, the automated dispatch and routing software company Wise Systems Inc. Japan has many unique things going on,” Chazz Sims, co-founder and CEO of Wise Systems, said in an interview. Photo: Wise Systems, Inc.). Much like conditions in the U.S.,

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally


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

ERP, CRM and PLM sources of data for demand planning


But, the trickiness of collecting data comes mainly from pulling it from all the sources of data for demand planning as well as unifying the data. It’s fair to say that your information is likely not unified in one system. Data is an integral part of the demand planning cycle.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here!

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re The system automates the assignment of drivers to trucks based on a scoring algorithm which evaluates information such as the driver’s current location, personal calendar, and hours of service.

Viewpoint: The interstate system turns 65 — it’s time to modernize it

The Supply Chain Journal

interstate highway system reaches 65 years old on Tuesday, it is congested, carries significant levels of travel — particularly by large trucks — and lacks adequate funding to make needed repairs and improvements. AAA supports increased federal investment for the Interstate Highway System.

E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

Why don’t you have a TMS (Transportation Management System) Solution yet? Supply Chain Systems article and permission to publish here provided by Dave Joseph at Warehouse Management System. The WMS connects to supplier systems and reseller POS platforms.

5 Benefits of Global Sourcing in Supply Chain Management

EC Sourcing Group

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers.

Collaborative Intelligence: A Supply Chain Imperative That ERP Systems Cannot Fulfill


According to Greenbaum, the outcomes of the past year speak for themselves: “ERP systems were never designed to fulfill the collaborative role supply chains need to succeed despite extraordinary obstacles.”. It’s Time to Release Supply Chains from the Limitations of ERP Systems.

3 Types of Warehouse Management Systems


It is essential to accelerate a Warehouse Management System to run any 3PL business which are dealing with physical goods or items that are mostly transported to and from consumers. There are many types of WMS (Warehouse management System) to choose from. Cloud-Based Systems.

Want to Produce Supply Chain Plans with Precision and Speed? Your ERP System Won’t Deliver!


When considering why their company first implemented its enterprise resource planning (ERP) system, supply chain leaders can quickly identify why their operations are unstable right now.

Delivery Management Guide: Improve Your Delivery Management Systems


” In today’s fast-growing industry, there are endless ways to improve the delivery process, especially with the right systems in place. Benefits of a strong delivery management system. Here are the top benefits of implementing a strong delivery management system.

Bitcoin: A New Supply Chain Operating System?

Talking Logistics

Casey and Paul Vigna – that opened my eyes to bitcoin’s true potential: as a new operating system for supply chain networks. The WSJ article and other sources, such as this Khan Academy video series , explain how bitcoin works, so I won’t go into it here. Bitcoins exist purely as entries in an accounting system [emphasis mine] — a transparent public ledger known as the ‘blockchain’ that records balances and transfers among special bitcoin ‘addresses.’ Source: [link].

System 202

Supply chain planning system revolution: Are you yanking my chain?


by Bill DuBois Words get thrown around like rice at a wedding these days to describe what makes a world class supply chain planning system : “End to end visibility”, “collaborative planning”, and “what if simulation” are only a few of the many terms you hear when discussing the keys to supply chain success. Goodwin does a great job of extracting the definition of the supply chain planning system revolution from Sicard. Is there another source of supply?

Descartes Releases Sourcing Risk Analysis of Critical Supply Chains in Biden Executive Order

Supply Chain Brain

Sourcing is No Longer a One-Trick Pony


The post Sourcing is No Longer a One-Trick Pony appeared first on Requis.

Creating a Sourcing and Procurement Process Plan


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. Whether you’re creating a local or international sourcing plan, it is vital that the created plan ensures: Delivery of the benefits identified in the strategy when required; and in a way, that meets the business need.

Energy efficiency: Are fossil fuels or renewables the more reliable source?

USC Consulting Group

By just about every measure, natural resources such as these are significantly more efficient than legacy sources like coal, natural gas and oil. “Which energy source gets you the most power delivery for your investment dollar?

Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software.

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. Large companies can afford to have Strategic Sourcing Procurement staff around the world. There are a myriad of processes, controls, conditions and situations that need to be managed to ensure that your products are sourced consistent with your expectations.

Step Three: Stage Five Supply Chain Planning System of Record (SCP SOR)


Achieving transparency within and outside your four walls is going to require the following: A truly integrated system where you have everyone working with the same data and the moment someone pulls a lever it is possible to identify everyone affected and alert them to any risk or opportunity. Full representation of the supply chain in one system. Flow of data to and from the ERP data source. by Carol McIntosh Step Three – Connecting the Dots.

System 194

Five Tips on Sourcing Products From China


Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources. Introduction.

Leading Healthcare Systems Respond to Obamacare by Making Supply Chain a Critical Differentiator

Logistics Viewpoints

Pharma & Life Sciences Procurement/Sourcing RFID & AIDC The health care industry in the US is undergoing transformation driven by the Affordable Care Act (Obamacare) and the increasing impact of consumerism. Healthcare providers historically have had prepaid plans where the cost of care was paid up front and the more procedures a hospital did, the more they got paid. Consequently providers felt little […].

Spend Analytics vs Contract Management Systems: Both Please!

Supply Chain View from the Field

In this discussion, an issue that frequently comes up is the debate over spend analytics and contract management systems. And how important are systems to driving change? One executive I met with stated it very succinctly: “Systems help build the level of credibility – through fact-based analysis – which allows the organization to the rigor and analysis you bring to the game.” Spend gives you the direction on WHERE, and contract management systems tells you HOW.”

[Video] Long-term supply chain planning system vision and strategy


The software’s single platform enhances end-to end-supply chain management for a number of reasons, not least that data from every source is made available much more quickly than before, Noppe says. “That communication was by phone or email because the systems they used weren’t connected well. The post [Video] Long-term supply chain planning system vision and strategy appeared first on The 21st Century Supply Chain.

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. 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.