SCMDOJO

MAY 10, 2023

In this guide, we will explore the importance of ERP master data, the challenges organizations face in maintaining its quality and governance, and provide some practical tips to help you improve the quality and governance of your ERP master data. This type of data is called the master data.

Optimal Sourcing 123

Optimal Sourcing Government Quality Supply Chain Design Software 123

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

Exiger Perspectives

MAY 30, 2024

Article Empowering Ethical Sourcing: Eliminating Forced Labor with Supply Chain Intelligence Article May 30, 2024 Navigating the complexities of global supply chains reveals a troubling reality: The prevalence of forced labor is more common and obscured than many businesses realize. Why are they risky? What actually produces the risk here?

Resource Reduction 52

Resource Reduction Sourcing Strategies Optimal Sourcing Purchasing Skills 52

Logility

MARCH 17, 2022

It takes planning, dedication, and a data-driven approach to decision-making to not only reach but perpetuate your environmental, social and governance (ESG) goals. And it all begins with sourcing. You can’t manage your sourcing without data, and that requires a single source of truth – a repository for all types of audits and scores.

Supply Chain Planning Software 155

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 155

Enterra Insights

APRIL 27, 2021

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] When national security is at stake, governments have a role in making supplies more secure.” But as the Suez Canal crisis shows, looks are deceiving.”[3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Supply Chain Matters

FEBRUARY 28, 2024

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. This facility was reportedly aimed to produce the termed Tesla next-generation EV vehicle. The report notes that electric vehicles assembled in Mexico can qualify for U.S.

Mexico 52

Mexico Sourcing Strategies Manufacturing Procurement Sourcing 52

Jaggaer

JUNE 14, 2023

JAGGAER's latest news on procurement & sourcing. Read now: Bally Extends Supply Chain Governance with JAGGAER.

Government 52

Government Supply Chain Procurement Supply and Demand 52

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. China ’s national and local government officials had actively nurtured a relationship with Apple recognizing its worker employment potential.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Logistics Viewpoints

MAY 29, 2024

GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade. But paying the right tariffs is far from simple.

Global 206

Global Supply Chain Software Optimal Sourcing Government 206

SupplyShift

JANUARY 20, 2018

Such arguments have been made by many over the years, most recognizably by the B Corp movement, but until recently those voices were largely on the periphery of mainstream corporate governance issues. Now, the majority of companies in North America and Europe have committed to responsible sourcing targets.

Government 52

Government Optimal Sourcing Sourcing North America 52

NC State SCRC

JUNE 11, 2023

A recent paper published in the PAR Journal, written by myself, Andrea Patrucco, Zhaohui Wu, Christoper Yukins, and Tanner Slaughter, reveals some insights into the reasons for failure of the federal government response to COVID-19 pandemic. Typically, the state and local governments are responsible for disaster management.

Government 52

Government Resource Reduction Material Savings Manufacturing Procurement 52

Resilinc

SEPTEMBER 27, 2022

Guinto joined Resilinc this past April as Vice President of Government Affairs—a career move he made after determining that Resilinc’s supply chain mapping, risk intelligence, and communications platforms offer the best and most cost-effective solutions to the supply chain problems weakening America’s security. How can the U.S.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. Although she and her team had delivered on a number of procurement objectives through strategic sourcing, she was uncertain where efforts on the supply base should focus next.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 81

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 81

Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Supply Chain Game Changer

APRIL 28, 2020

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?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

SupplyShift

JANUARY 20, 2018

Such arguments have been made by many over the years, most recognizably by the B Corp movement, but until recently those voices were largely on the periphery of mainstream corporate governance issues. Now, the majority of companies in North America and Europe have committed to responsible sourcing targets.

Government 40

Government Optimal Sourcing Sourcing North America 40

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Resilinc

MAY 31, 2022

Electrical machinery and electronics is Malaysia’s largest export category, and the nation of 33 million people is an important source of assembly, test, and packaging (ATP) for the semiconductor industry. But losing economical sources of palm oil and rubber products could have serious impacts on revenue and margins.

Malaysia 62

Malaysia Purchasing Skills Sourcing Price Reduction 62

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Logistics Viewpoints

MAY 1, 2024

Nonetheless, the direction of travel of European governments is clear: companies need to do more to identify their exposure to unethical practices, human rights abuses, and significant adverse environmental issues , across their value chain. The EU CSDDD has had a difficult journey, facing delays, changes, and hurdles to overcome.

Sustainability 266

Sustainability Resource Reduction Sourcing Strategies Government 266

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. Contact Us The post RS Group releases report on its activities and strategy for Environmental, Social and Governance appeared first on RS Integrated Supply.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Resilinc

APRIL 11, 2023

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. Many of these new sources are small, medium, and large news outlets from outside the US: over 200 countries in 108 languages. Below is a look at the visual branding changes: EventWatch AI 5.0:

Real-time Visibility 62

Real-time Visibility Manufacturing Procurement Sourcing Strategies Sourcing 62

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Governments and dedicated organizations across the globe are acting to mandate, encourage, and support diversity. Building Business Cases and Momentum.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

ivalua

JUNE 14, 2023

Technology: Maximizing Capability Integration Assess the current technology infrastructure to determine how to integrate internal capabilities with external ones, considering scalability, compatibility, security, and data governance. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

NC State SCRC

NOVEMBER 25, 2018

For many years, government contract officers working at the local, state, and federal level, relied on a variety of different networks to search for qualified suppliers. A new product offering by the Pubic Spend Forum provides government buyers with a new, free tool to conduct market intelligence. This is a sorely needed service.

Government 89

Government Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 89

Supply Chain Game Changer

APRIL 14, 2020

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Sourcing mapping for existing and potential suppliers. What are the Strategic National Stockpiles?

Manufacturing Procurement 105

Manufacturing Procurement Purchasing Skills Optimal Sourcing Sourcing 105

NC State SCRC

JANUARY 20, 2022

Executives are beginning thus to consider development of policies for either development of a domestic capability, or a means for managing the supply of these items from global sources. The post Recommendations to the US government for domestic alignment of supply chains in 2022 appeared first on Supply Chain Resource Cooperative.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Logistics Viewpoints

FEBRUARY 14, 2024

Supply chains are in the news, on governments’ agendas, and in the spotlight. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 249

Resilinc

DECEMBER 20, 2021

The controversy has led Tesla and others to use blockchain technology to ensure (and prove to human rights groups) that they use only ethically sourced cobalt. The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.

Sourcing Strategies 62

Sourcing Strategies Sourcing Material Savings Automotive 62