EC Sourcing Group

JUNE 8, 2021

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

EC Sourcing 52

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Supply Chain Matters

SEPTEMBER 30, 2022

Bloomberg, citing informed sources, reported today that Apple’s senior most procurement executive is leaving the company after a viral TikTok video provided an off-color statement in an attempt of humor. COO Williams is noted as now acting as chief procurement executive until another executive is named to this leadership position.

Procurement 52

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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

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Supply Chain Matters

MARCH 7, 2023

based Qualcomm ’s revenues from Vietnamese sourced chip facilities many of which supply other high tech firms such as Samsung, tripled between 2020 and 2022. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S. The report further indicates that India with 1.4

Sourcing Strategies 52

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Supply Chain Matters

MARCH 4, 2024

Reports of Talks to Acquire Spirit AeroSystems Likely the most significant added development occurred late last week with reporting by The Wall Street Journal (Paid subscription) and other financial media that Boeing is in talks to acquire major aircraft fuselage component supplier Spirit AeroSystems. All rights reserved.

Manufacturing Procurement 52

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ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Read More : Under Pressure, Will Procurement Take Performance Higher in 2023?

France 130

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The Logistics of Logistics

JULY 7, 2023

She has a background in journalism and a diverse resume of experience in many communications roles for companies like the Medical University of South Carolina, Amazon, and a major non-profit in the city of Charleston, SC. The magazine serves as an excellent source of buyers in various areas of the food and beverage industry.

Logistics Network Optimization Software 235

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ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Consultancy UK). Supply Chain Dive).

Material Savings 207

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Logistics Viewpoints

JANUARY 4, 2023

Numerous media sources have noted warehouse automation project cancellations. Some supporting media sources include a KSBW article stating that “ Amazon is no longer coming to Salinas (CA). This has allowed fulfillment capabilities to become a valuable competitive advantage to those that can offer rapid fulfillment services.

Supply Chain Software 290

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Supply Chain View from the Field

JULY 17, 2015

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. These topics are emerging in the context of the new view that procurement is about building value for the enterprise.

Optimal Sourcing 60

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GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

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Supply Chain Matters

MAY 31, 2022

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Rivian Automotive.

Manufacturing Procurement 52

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Supply Chain Matters

OCTOBER 3, 2024

According to reporting from The Wall Street Journal , citing sources familiar with negotiations, under this agreed to wage portion, the base hourly rate for union workers will rise from $39 to $63 per hour over the new contract period. According to the Journal report top White House aides were in frequent contact with the parties.

Negotiating Skills 52

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Supply Chain Matters

NOVEMBER 13, 2024

Both FedEx and UPS Locked in a Price War The Wall Street Journal recently reported ( Paid subscription ) that both parcel logistics carriers are now targeting smaller customers in the ongoing effort to win market share in this year’s shorter holiday fulfillment quarter.

Price Reduction 59

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Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S.

Manufacturing Procurement 52

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SYSPRO Smarter ERP

DECEMBER 12, 2022

When an accounting transaction occurs, it is first recorded in the accounting system in a journal applying the same double-entry system that Luca Pacioli described more than 500 years ago. This journal updates the general ledger. When a transaction is processed in a sub-ledger, it is automatically allocated a sequential journal number.

Supply Chain Design Software 111

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Supply Chain View from the Field

JULY 9, 2014

A recent article in the Wall Street Journal points to the increasing pressure being felt by financial services, as well as insurance companies. And that’s is where procurement is suddenly playing a role – because nowhere is there more of a need to find savings than in the area of indirect spending in banks.

Optimal Sourcing 100

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Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Atlanta 173

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Enterra Insights

AUGUST 8, 2024

Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[1] ”[3] Too few companies map their supply chains all the way to where their raw materials are sourced. mechanisms such as mandatory due diligence on adaptation and incentivized public procurement). 7] They are: 1.

Supply Chain Planning Software 130

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Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. Fearon, “History of Purchasing,” Journal of Purchasing (February 1968): 44. [ii]

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

Supply Chain Matters

NOVEMBER 29, 2023

A paper affiliated with Taiwan’s United Daily News is cited as indicating “ that Foxconn will expand output capacity for iPhones through a new plant, citing an industry source. This facility is further reported to be the equivalent of a $1.54 billion facility, which is massive and implies more than just smartphone assembly.

India 64

India Manufacturing Procurement Report Supply Chain Planning Software 64

Supply Chain Matters

NOVEMBER 4, 2024

At the same time, the company’s iPhone production sourcing strategies continue to navigate a rather dynamic geo-political landscape in the ability to both leverage future growth markets and mitigate supply chain disruption or geo-political risks. Consensus equity analyst expectations reportedly anticipate revenue sales growth of 6.6

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies India 52

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. Focus on materials critical to your highest revenue products Procurement and supply chain managers need to adopt a new mindset for building more resilient supply chains.

Supply Chain Risk Management 104

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Supply Chain Matters

JULY 19, 2023

According to reports by Bloomberg and The Wall Street Journal , the perceived weak Q2 number provides added evidence of muted retail sales, a degrading export market and a deepening property market slump. The recent Q2 GDP number is below the average 8 percent to 9 percent growth levels prior to the global pandemic. percent compared to 12.7

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Logistics Viewpoints

JANUARY 12, 2022

Procurement and Supply Chain are Smarter Together – Practical Use Cases ; Dr. Madhav Durbha ( Coupa ). In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration.

Logistics Network Optimization Software 321

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Supply Chain Matters

APRIL 10, 2024

Background Throughout 2022 and 2023, we have highlighted for readers the various indications of Apple’s unfolding China Plus sourcing moves. That culminated in our research arm’s published December 2023 Supply Chain Matters update, Apple’s Unfolding China Plus Sourcing Strategy for iPhone Production.

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

Enterra Insights

JUNE 22, 2021

Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy. 6] Ibid.

Supply Chain Planning Software 130

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Supply Chain Matters

MARCH 28, 2022

The Supply Chain Matters blog call reader attention to a published report indicating the number two global auto maker Volkswagen is repositioning it global supply network sourcing strategies. A cited quote from Murat Aksel, VW’s Procurement Chief , is a testament: “ We still want competitive prices, but my priority is securing supply.

Material Savings 59

Material Savings Supply Chain Strategy Sourcing Strategies Cost Reduction Strategies 59

Supply Chain Matters

MARCH 21, 2023

In addition to big name companies such as Samsung , Qualcomm , and others, when it comes to China sourcing, Apple clearly comes to mind as very influential and powerful in terms of supply network strategy implications. as one of many manufacturers exploring production sourcing beyond China.

China 52

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Enterra Insights

AUGUST 15, 2023

. … AI and big data analytics can enhance transparency and traceability in the supply chain, providing retailers with greater visibility into the origins of their products, and ensuring ethical and sustainable sourcing practices.” ” • Enhancing Supply Chain Management. 6] Jeffrey J.

Supply Chain Planning Software 130

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Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. Journal of Business Logistics, 38(1), 35-54.

Logistics Network Optimization Software 100

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Supply Chain Matters

AUGUST 19, 2024

Profitability growth comes mainly from higher output volumes or added supply network sourcing services needs that Apple had provided. Further reported was that this business segment is now associated with Foxconn ’s second-biggest source of revenues after its consumer electronics focused business.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Supply Chain Matters

MAY 31, 2024

What has especially garnered my attention was a report published in The Wall Street Journal’s CIO Journal column , Sorry AI, Old-School Spreadsheets Are Still King. They de-facto represent a singular snapshot in the time of data gathering and defeat the purposes of having a “ single source of the truth.”

Supply Chain Planning Software 52

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Resilinc

APRIL 8, 2024

To learn more about the impact of the Taiwan earthquake and next steps supply chain managers and procurement pros can take to navigate risk, download our exclusive special report: Assessing Taiwan Earthquake’s Supply Chain Impacts and Potential Outlook.

Taiwan 90

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Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. Production sourcing and distribution is predicated on the needs of drug companies and insurance providers.

Distribution 52

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Supply Chain Matters

NOVEMBER 9, 2022

Both The Wall Street Journal and Bloomberg are reporting that Taiwan Semiconductor Manufacturing Company (TSMC) , the globe’s leading advanced semiconductor device manufacturer, is considering investment in a second U.S. With semiconductor sourcing capability being viewed as “the new oil” in geo-political trade the dynamics are ever changing.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Cost Reduction Strategies Report 52

Supply Chain Matters

APRIL 8, 2024

Both Bloomberg and The Wall Street Journal reported that TSMC will receive these incentives and loans dependent upon construction and production milestone completions that will extend for many months. Related Samsung Electronics Report The Wall Street Journal reported that Samsung Electronics is Doubling its Planned U.S.

Negotiating Skills 52

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