Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. 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.

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. What are some of the main supply chain factors that are fueling this reshoring trend? 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.

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Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World

Talking Logistics

But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? The post Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Tuesday, January 20, 2015 at 12:00 ET.

Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

Source: “Target CIO Adds Custom Apps…” CIO.com. “The in-sourcing and custom development is a painstaking process, but one McNamara says is necessary before the retailer can begin analyzing its supply chain for sales and customer trends and better allocate resources across the enterprise. Source: “Target CIO Adds Custom Apps…” CIO.com. The post Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

Five Trends That Excite Me!

Supply Chain Shaman

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Five Technology Trends That Excite Me. Here are several promising trends to consider. Holiday travel.

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2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. What 2016 Supply Chain Trends to you expect to see?

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

Here are three trends to consider. . Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. 2020 seemed a world away just a few years ago and yet, here we are.

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Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019.

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Food Industry Delivery Trends!

Supply Chain Game Changer

Based on data from the field and forecasts by industry experts, here are six major trends that are shaping food delivery and will continue to do so for the next couple of years: Top food delivery trends to expect in 2019: Increased third party delivery In-house restaurant delivery fleets Prioritizing delivery data tracking Tech giants moving in on food delivery Rapid online grocery growth A rise in food delivery subscriptions. Trend: Tech Giants Moving in on Food Delivery.

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Top Transportation Management System (TMS) 2020 Trends

Cerasis

Throughout recent years, Cerasis has covered the expected trends for the use and implementation of a transportation management system (TMS), as well as the shipping industry top predictions. With the coronavirus fresh on our minds, it is time to approach the topic from a new perspective that is built on rapid sourcing and better management—software.read More. TMS Trends TMS 2020 Trends

Trends and Predictions 2020: Technology

Enterra Insights

However, David Cearley, a Vice President and analyst at Gartner, insists technology trends are “aggregating around people.”[1] ” In this article, I discuss some of the technology trends currently affecting the business world as well as bold predictions pundits are making about the future of technology. Technology trends. ” Cearley calls this trend hyperautomation. As noted above, edge computing is a trend that will continue.

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Trends 2019: Manufacturing

Enterra Insights

Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] Manufacturing trends. 3] Staff, “ Advanced Manufacturing Trends In 2019 ,” CB Insights, 2018. [4]

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Midstream Transportation Trends: The Future of Oil and Gas Industry

PLS Logistics

Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. More than four billion metric tons of oil and produced every day worldwide, with oilfield companies still generating the […]. Blog midstream oil and gas oil oil and gas oil and gas logistics oil and gas shipping oil and gas supply chain oil prices

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How Big Data Analytics is Revolutionizing Sourcing Processes for Walter Charles III

Jaggaer

To get the details on big data and augmented analytics, download the Gartner report, How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. . Sourcing with Big Data. Walter Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing.

Consumer Products Insights – Supply Chain Trends

The Network Effect

Determining future trends in consumer products or most any industry was not nearly as difficult in the past as it is today. One of the major trends is that industry leaders must be students of major trends. Managing risks to supply chain interruption from a rapidly increasing number of sources. The post Consumer Products Insights – Supply Chain Trends appeared first on The Network Effect. (Ken Teegardin/Flickr).

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6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. This trend will be seen in the Equipment Manufacturing sector as well, especially in international markets. What big trends for manufacturing do you see affecting the industry in 2016?

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7 Trending Transportation Updates: November 2016

PLS Logistics

Source ). Source). Little Change in Economy, but Rate Increase Coming. Next year, the US economy won’t change much, growth expected to be about 2%. FTR predicts more of the same, but when you factor in low expectations, 2017 will feel like a good year. Shipping prices are expected to increase in 2017 and continue into 2018. FedEx, UPS and several LTL carriers have announced a series of rate increases effective in 2017. Self-Created Holiday has Vigorous Delivery Window.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

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.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. This trend will be driven more as the year progresses as drivers retire and the driver shortage gains momentum. However, the current political climate continues to push an agenda based on college degrees as a source of education.

6 Major Delivery Logistics Trends!

Supply Chain Game Changer

These are some of the key industry trends in delivery logistics and supply chain management which will take center stage in the upcoming year: 1. This trend can take different shapes and forms. The post 6 Major Delivery Logistics Trends! Subscribe Here! Email Address.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. Trends come and go.

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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? Or is blockchain still an experiment relegated mainly to the process of tracking products from the source through known supply chains, without much to offer companies looking to comprehensively evaluate environmental and social risks within the supply chain? Industry Trends Supply Chain Management

Trends and Predictions 2020: Supply Chain

Enterra Insights

Predictions are normally based on how specific areas are going to respond to current trends. Supply chain trends. As I noted above, predictions are normally based on how specific areas are expected to respond to current trends. IBM analysts have identified five trends they believe will shape the supply chain of the future. Each trend emerges from a different Digital Age technology. ”[1] The IBM technology trends are: 1.

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Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. A rebound is likely once the pandemic has been sufficiently contained, but if the trend away from Chinese products becomes the ‘new normal’, supply chains, especially those of smaller businesses, may well find it worth their while to adopt the ‘buy local’ mantra. Covid 19 Global Sourcing

Expert Reveals 7 Supply Chain Trends to Watch

Supply Chain Opz

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

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Trends and Predictions 2020: Big Data

Enterra Insights

”[2] He continues, “Whereas once those assets were safely confined within the enterprise, the confluence of mobile technologies, the cloud, the Internet of Things, edge computing, containerization, social media, and big data itself has shifted the onus of data management to external, decentralized sources.” The very worth of big data has increased with novel opportunities to comprehensively analyze business problems from an array of sources not previously available.”

Trends and Predictions 2020: Information Technology

Enterra Insights

IT trends. ” I might also note it is often difficult to tell the difference between a trend and a prediction. This is apparent in technology trends suggested by Anis Uzzaman ( @anis_uzzaman ), CEO of Pegasus Tech Ventures.[2] 2] Those trends include: Trend 1: Breakout moment of artificial intelligence (AI) in manufacturing. ” Trend 2: Practical deployment of Internet of Things (IoT). ” Trend 6: The world puts blockchain to practical use.

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2019 Transportation Industry Trends

GTG Technology Group

6 Transportation Industry Trends to Look for in 2019. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Below are the notable trends for 2019. As it stands, current trend of industry “disruption” is also going to affect the transportation industry. Digitalization is not exactly a new trend. These are just some of the major trends that will affect the transportation industry in 2019.

2020 Supply Chain Management Trends

EazyStock

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. So which of the new trends will you be embracing in the new year?

A time of transition: 3 key trends for oil & gas in 2018

DELMIA Quintiq

Here are three key trends from oil & gas professionals and experts at International Petroleum Week 2018. Natural gas is a suitable source of energy to fuel the need for heat and the power, making it an influential player on the market.

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Logistics Trends to Watch!

Supply Chain Game Changer

6 Major Delivery Logistics Trends! After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. That trend will likely continue in 2019 as small and midsize importers and exporters even the playing field against larger counterparts by leveraging big data and blockchain technology. Similar trends are emerging in the domestic logistics environment as well. The post Logistics Trends to Watch!

Global Trends In Digital Supply Chain - 2019 Review

Abivin

Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past. Source ) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018

Cerasis

Stay ahead of the game learn the trends shaping the industry. However, the use of the IIoT will effectively allow for greater use of robotics, and it will serve as a talking point, as well as a source of inspiration, for the next generation to seek careers in manufacturing. Twitter Facebook Google+ LinkedIn The post The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018 appeared first on Transportation Management Company | Cerasis.