This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “GlobalSourcing Lies,” more generally.
Efficient worldwide… The post Crucial Tips for Maximizing GlobalSourcing Services first appeared on Procurement Blog | Procurement & Supply Chain News. Imagine fully utilizing the enormous resources and skills available worldwide for your company.
The latest skirmish in the trade war between the U.S. and China provides yet another reminder of why American high-tech manufacturers need to diversify their supply of critical raw materials.
Are… The post GlobalSourcing Strategies: Mastering 2024’s Challenges for Success first appeared on Procurement Blog | Procurement & Supply Chain News. Is Your Company Having a Hard Time Keeping Costs Low and Finding Good Suppliers?
EPISODE 136 Making the Impossible Possible in GlobalSourcing with Chris Volz By Kelly Barner | October 11, 2023 Global supply chains reach the furthest corners of the earth, bringing back valuable, well-made goods and putting us in touch with people we may never meet.
Summary: A sourcing specialist is responsible for identifying, evaluating, and managing suppliers to optimize cost,… The post GlobalSourcing Solutions Backed by Expert Sourcing Specialists first appeared on Procurement Blog | Procurement & Supply Chain News.
China trade war is just one development in a shift in globalsourcing and production that's been underway for years, says Kevin O'Marah, chief research officer and co-founder of Zero100.
However, you could also face many challenges when globallysourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from globalsourcing is impossible, as it is impossible to track exactly how much is being spent.
Explore alternative sourcing models , such as consortium buying or globalsourcing hubs. Elevate Stakeholder Management Achieve True Integration: Create cross-functional sourcing teams involving R&D, marketing, and logistics. Action: Develop a procurement cost-avoidance tracker for proactive budget control.
In todays interconnected world, businesses rely on globalsourcing to meet their production and operational… The post How Procurement Agents Navigate Complex International Trade Regulations first appeared on Procurement Blog | Procurement & Supply Chain News.
Alibaba.com said that the Smart Assistant tools for globalsourcing will help small business owners discover new commerce opportunities, stay up-to-date with market trends and track orders.
Jose is now, part of the GlobalSourcing Excellence organization led by Rome strengthening IVALUA related activities, trainings, and processes worldwide. The post Paris 2021 – EN – Jose Bustillo appeared first on Ivalua.
Content: Features posts on globalsourcing, supplier ethics, and AIs role in procurement. Longevity Evidence: No specific launch date is provided, but CIPSs prominence since the early 2000s and the blogs mention in 20102011 sources suggest at least 1518 years of activity by 2025.
Jose fait maintenant partie de l’organisation GlobalSourcing Excellence, dirigée depuis le siège de Rome, qui renforce les activités, les formations et les processus liés à IVALUA dans le monde entier. The post Paris 2021 – FR – Jose Bustillo appeared first on Ivalua.
” 6 GlobalSourcing Challenges : Both depend on complex global supply networks vulnerable to disruption, with “1 in 3 operators and half of all OEMs/MROs expect to nearshore more, especially airframe and components.” Globalsourcing and labor shortages further amplify volatility.
Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the GlobalSourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.
A sole-source strategy, on the other hand, is a situation where there is only one supplier for a particular product or service, negating the ability for businesses to choose alternatives. GlobalsourcingGlobalsourcing is sourcing goods or services from suppliers in global markets.
[Editor’s Note: Ardent Partners recently published its Procurement-themed report, “Procurement 2024: BIG Trends and Predictions.” Over the next few weeks, this site will feature articles highlighting the key discussion points from the report.
In today’s Procurement in 5-Minutes, I am delighted to be joined by Kate Lovejoy, CPO of GlobalSourcing at Genpact. That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis.
As a result, issues in global supply chain management such as international trade, international transportation, globalsourcing , regulatory compliance, risk management , humanitarian and sustainability won''t go away any time soon. Global supply chain environment is dynamic and many issues changes quickly.
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. Globalization. Burton predicts that China and Brazil will become hubs for globalsourcing.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Brian Chaplin, Director of GlobalSourcing for Medline Industries. Whether it is through improved relationships with internal stakeholders and key suppliers, or distributed authority to generate ideas and make decisions, everyone has a role to play.
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s globalsourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.
Globalsourcing allows businesses to realize cost efficiencies, access to innovation, broader market exposure and improved quality of products provided that they implement some key strategies.
Procurement and sourcing professionals play a critical role helping decision makers discuss and rank those variables and then use them to select and contract with suppliers. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Eric Westerduin.
A GenAI solution that would delight the business user while collecting sourcing requirements, especially when lacking strong P2P compliance. Access and ability to leverage massive datasets from globalsourcing activities at enterprise scale, something which Fairmarkit is uniquely able to provide.
Thinking Globally to Stay Ahead of the Competition In an interconnected world, procurement teams cant afford to think small. Globalsourcing remained a critical part of procurement strategies in 2024, allowing teams to reduce risks and seize new opportunities. Of course, navigating global markets comes with its own challenges.
Defining Business Needs Supply chain planning used to be a lot easier, but with today’s world of globalsourcing and an almost infinite array of paths from the source to the customer, the complexity is daunting.
Make sure that you don’t stop once you get qualified because while CIPS is going to give you a great foundation, you do need to attend ongoing training either with them or with organisations like the GlobalSourcing Association because they’re going to help you build networks that you’re going to need to be successful.
For Director of GlobalSourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. Redefining the Value Proposition of Procurement. By Hugo Britt | September 15, 2022. It’s about being an active listener, being able to learn… and then driving change. That’s key for me.
Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. The permanent transparency helped drive a rationalization of its supply base to improve performance, relationships and deliver savings and lower risk.
Padmanabhan and Seungjin Whang Information is then grouped and converted in the infographic as below, 7 Ways to Improve Visibility 1) Shorten pipeline : the prevalent use of outsourcing, globalsourcing in particular, increase the members of supply chain including related processes.
Source: [link] ). Supply chain management is the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally. Source: [link] ).
We specialize in Procurement cost optimization (cost reduction projects), GlobalSourcing projects as well as the implementation of specialist Procurement software solutions (Ivalua and NextBuy). We are one of the leading companies, dealing with Procurement consultancy in Central-Eastern Europe.
Unrestricted trade coupled with abundant low-cost labor and inexpensive transportation provided globalsourcing teams with ample suppliers and continuous innovation — all within a peaceful, conflict-free geopolitical landscape. That all began to change under new […]
As a result, issues in global supply chain management such as international trade, international transportation, globalsourcing, regulatory compliance, risk management, humanitarian and sustainability won''t go away any time soon. Global supply chain environment is dynamic and many issues changes quickly.
GlobalSourcing : Navigating international sources of supply and understanding global market dynamics. Ethical Judgment and Integrity : Maintaining high ethical standards and transparency in dealings. Category Management : Managing product or service categories as strategic business units.
GlobalSourcing : Navigating international sources of supply and understanding global market dynamics. Ethical Judgment and Integrity : Maintaining high ethical standards and transparency in dealings. Category Management : Managing product or service categories as strategic business units.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content