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Agile Strategic Sourcing for a Resilient Supply Chain

The Logistics & Supply Chain Management Society

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

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Global Supply Chains — A Source of Strength

Enterra Insights

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]

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From Hurricanes to Overthrown Governments to Potholes: Transportation and Supply Chain Resilience

Talking Logistics

We know transportation plays an important role in the supply chain – it’s the line in a flow diagram between the little buildings and smoke stacks – and transportation disruptions happen on a daily basis. Visibility. The ability to oversee the activities and events associated with your shipments is the first step.

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Four Key Strategic Sourcing Benefits

QAD

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.

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Supply Chain AI: 25 Current Use Cases (and a Handful of Future Ones)

Logistics Viewpoints

Optimization is used in supply planning, factory scheduling, supply chain design , and transportation planning. In mathematical terms, optimization is a mixed-integer or linear programming approach to finding the best combination of warehouses, factories, transportation flows, and other supply chain resources under real-world constraints.

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Apple’s UnfoldingChina Plus Sourcing for iPhone Production

Supply Chain Matters

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.

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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. a) Across the various actors in any single transport chain. Suppliers render transportation services, and typically commit service levels in the process. What TRAMES Aims to Tackle.