How Sourcing Agents Make Global Sourcing Easy
Procurement Freelancers
JANUARY 25, 2024
Sourcing globally is considered a rather complicated and time-consuming procedure for businesses. There are a…
Episode 136: Making the Impossible Possible in Global Sourcing with Chris Volz
Una
OCTOBER 11, 2023
EPISODE 136 Making the Impossible Possible in Global Sourcing 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.
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Scaling Logistics for Success: A White Claw Story
Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Universal Supply Chain Misconceptions or “Global Sourcing Lies”
ivalua
MARCH 11, 2015
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 “Global Sourcing Lies,” more generally.
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How China’s New Restrictions on Critical Minerals Will Affect Global Sourcing Strategies
Supply Chain Brain
AUGUST 20, 2023
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.
Exploring the Impact of Technology on Global Sourcing Strategies
Procurement Freelancers
JANUARY 8, 2024
Technology has a powerful sway over global resource allocation. In this high-tech world, companies use…
4 strategic sourcing use cases to strengthen your supply chain
IBM Supply Chain Blog
FEBRUARY 13, 2024
For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.
How is technology transforming global sourcing ?
Claritum
MAY 11, 2018
Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Do you have visibility of a global supply chain?
How the Pandemic Has Altered AT&T’s Global Sourcing Strategy
Supply Chain Brain
JANUARY 14, 2021
COVID-19 has disrupted supply chains all over the world, and that of communications giant AT&T was no exception.
Strategic Sourcing Essential Techniques for Sustainable Success
Empowering CPO
FEBRUARY 11, 2024
Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. The Power of Data-Driven Decision-Making At the core of successful strategic sourcing lies the ability to make informed decisions based on robust data analysis.
Mastering the Art of Strategic Sourcing: Essential Tips and Tricks
Empowering CPO
JANUARY 28, 2024
At EmpoweringCPO, we excel in Strategic Sourcing Outsourcing , a methodical approach to procurement that emphasizes data-driven decision-making, market intelligence, and innovative procurement analytics tools. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.
Alibaba.com Launches AI-Powered Assistant Tool
Supply Chain Brain
JANUARY 10, 2024
Alibaba.com said that the Smart Assistant tools for global sourcing will help small business owners discover new commerce opportunities, stay up-to-date with market trends and track orders.
A Procurement in 5-Minutes Special: When does it make sense to outsource indirect procurement?
Sourcing Solved
OCTOBER 7, 2022
In today’s Procurement in 5-Minutes, I am delighted to be joined by Kate Lovejoy, CPO of Global Sourcing at Genpact. appeared first on Sourcing Solved. 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.
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Episode 138: Procurement Out of This World with Kris Lance
Una
OCTOBER 25, 2023
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Kris Lance, Senior Director at Una, for a recurring monthly conversation about current news stories. And nothing fights change like the paralyzing behavior of going along to get along.”
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Paris 2021 – EN – Jose Bustillo
ivalua
FEBRUARY 24, 2021
Jose Bustillo Sourcing Excellence. Jose is now, part of the Global Sourcing Excellence organization led by Rome strengthening IVALUA related activities, trainings, and processes worldwide. With over 7 years of experience in the Fashion industry managing, leading and implementing ERP and EDI Systems.
New Year Insights for the procurement solutions and services marketplace 2024: Fairmarkit
Spend Matters
DECEMBER 22, 2023
In traditional sourcing or intake platforms, it seems the adoption and NPS significantly reduces the more clicks a business user needs to make. All the end user sees are the relevant guided questions about the repair before receiving full visibility into and the ability to interact with into the sourcing process for that request.
Paris 2021 – FR – Jose Bustillo
ivalua
FEBRUARY 24, 2021
Jose Bustillo Responsable Excellence Sourcing. Jose fait maintenant partie de l’organisation Global Sourcing Excellence, dirigée depuis le siège de Rome, qui renforce les activités, les formations et les processus liés à IVALUA dans le monde entier.
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Creating More Resilient Global Supply Chains
Supply Chain Brain
OCTOBER 16, 2020
Here's how to reassess short-, mid- and long-term global sourcing and production strategies.
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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies
ivalua
JULY 21, 2021
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. ABOUT CONSUS GLOBAL.
Episode 78: Empowering Procurement to Create Broader Value with Brian Chaplin
Una
AUGUST 17, 2022
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Brian Chaplin, Director of Global Sourcing for Medline Industries. Latest Episodes from The Sourcing Hero Podcast. Una’s team of Sourcing Advisors are here to help. Brian Chaplin on LinkedIn. Connect With Us. Get new resources weekly!
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Question Everything You Know
CPO Rising
FEBRUARY 6, 2023
Unrestricted trade coupled with abundant low-cost labor and inexpensive transportation provided global sourcing teams with ample suppliers and continuous innovation — all within a peaceful, conflict-free geopolitical landscape. That all began to change under new […]
Selecting a Supply Chain Planning Platform
Solvoyo
JULY 15, 2021
Defining Business Needs Supply chain planning used to be a lot easier, but with today’s world of global sourcing and an almost infinite array of paths from the source to the customer, the complexity is daunting.
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Redefining the Value Proposition of Procurement
Una
SEPTEMBER 15, 2022
For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. As long as we are continually listening and learning from others and then driving those things that we learned into really effective change, that is what I would define as a sourcing hero.”.
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Executive Insight: Michelle Charpentier #WSW
Ms. Category Management
MARCH 8, 2020
Executive Interview with Michelle Charpentier, Senior Director at BioMarin (lead to Financial S2P process, Global Sourcing and Travel.
3 Procure-to-Pay Trends Shaping 2024
Pipefy
JANUARY 30, 2024
The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 To do so, procure-to-pay trends point to an increased focus on three key areas: technology, collaboration, and sourcing. billion by 2028. Below is a rundown of the three procure-to-pay trends shaping 2024.
A Gameplan for Procurement Transformation
NLPA (Next Level Purchasing Association)
SEPTEMBER 8, 2023
Initiatives that prioritize environmentally friendly practices, fair labor, and responsible sourcing improve brand reputation and mitigate potential legal and reputational risks. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.
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International Women’s Day 2023 #EmbraceEquity
Procurement Heads
MARCH 7, 2023
We are seeking to attract more women into sourcing and procurement, but without equity, it will be a challenge. Tchiya Makasa, Global Sourcing Lead, JLL “Gender equity will bring about gender equality!
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How to build a successful product development strategy
IBM Supply Chain Blog
JANUARY 16, 2024
This will become the sample as materials and vendors are sourced for mass production. Sourcing and manufacturing During this phase, a business gathers materials and contracts with partners, if applicable, to create a detailed plan for actual production.
Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study
ivalua
MAY 9, 2023
This is a key reason for the shift towards a core platform for spend/supplier management – collaboration needs to be embedded in Source-to-Pay processes and it does not stop and end with any one process. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source.
The Future of Procurement Is Upon Us. Are You Ready?
ivalua
JUNE 2, 2016
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing. Does your organization collaborate well internally across functional teams?
What Exactly Is Supply Chain Management? 10 Different Definitions!
Supply Chain Game Changer
NOVEMBER 13, 2018
Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ). Source: Nabil Abu el Ata, Rudolf Schmandt (2016), The Tyranny of Uncertainty, Springer, ISBN 978-3662491041 ). Source: [link] ). Source: [link] ). This includes product design, planning, execution, monitoring and control.
6 Reasons to Choose a Career in Procurement
Una
JUNE 1, 2023
From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. Procurement transcends geographical boundaries, making it an ideal choice for individuals with a global mindset.
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What are the different types of sourcing?
IBM Supply Chain Blog
JANUARY 31, 2024
Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.
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What to Look for in a Managed Procurement Services Provider
Empowering CPO
JULY 5, 2023
Introduction In the globalized and rapidly evolving business landscape of the 21st century, the strategic importance of procurement cannot be overstated. They began to take on a more strategic role, with responsibilities such as supplier relationship management, risk management, sustainability initiatives, and even innovation sourcing.
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The Key Benefits of Outsourcing to Managed Procurement Services
Empowering CPO
JUNE 30, 2023
Procurement is no longer just about sourcing goods and services; it’s about creating strategic alliances, driving innovation, and adding value to the organization. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.
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Resource scarcity presents next procurement challenge
Positive Purchasing
SEPTEMBER 22, 2022
Alternative sources. Scarcity of resources shines a new light on the global space race. This may sound far-fetched, but the moon has huge, vast sources of minerals. As we begin to exhaust the earth’s commodities, the moon and other planets are a potential source of future resources. The war in Ukraine.
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The Big Interview with Lorna Baker
Procurement Heads
MARCH 27, 2023
We procure responsibly sourced, environmentally friendly and recycled materials wherever we can and we make sure that sustainable practices and added social value are key requirements of tender opportunities. We’re working with SMEs to support the local community and the economy that we’re serving.
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246 PKP ENERGETYKA ON TRACK TOWARDS FULL PROCESS AUTOMATION
ivalua
DECEMBER 19, 2018
PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. We specialize in Procurement cost optimization (cost reduction projects), Global Sourcing projects as well as the implementation of specialist Procurement software solutions (Ivalua and NextBuy).
6 Reasons to Choose a Career in Procurement
Una
JUNE 1, 2023
From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. Procurement transcends geographical boundaries, making it an ideal choice for individuals with a global mindset.
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Deloitte Global CPO Survey 2023 — A focus on digital maturity and how to get there
Spend Matters
JULY 24, 2023
While Procurement has come a long way over the past decade, it notes, “developments in AI, and the speed at which it is advancing, are going to disrupt our lives in ways we cannot even fathom yet … AI will help us make better, more data-driven decisions.”
Supplier Performance Management – The Ultimate Guide
SCMDOJO
FEBRUARY 29, 2024
Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008).
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SCM Global 50: Best Global Supply Chain Blogs
Supply Chain Opz
MARCH 21, 2014
As a result, issues in global supply chain management such as international trade, international transportation, global sourcing , 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.
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Forced labor in cotton supply chains – Key takeaways from our webinar
SupplyShift
APRIL 27, 2021
On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . On the YESS Cotton Sourcing Risk Assessment.
How Supplier Risk Management needs to evolve in 2021
Zycus Cognitive Procurement
DECEMBER 9, 2020
When your supplier relations and supply chain grow globally, the complexity and the variables companies would need to monitor increase multifold. Source : [link] ). Source: [link] ). Since global suppliers today are crucial to business success, the risk is also higher. Unfortunately, the robots didn’t work.
How can we respond to today’s unprecedented global supply issues and rising costs?
Positive Purchasing
APRIL 11, 2022
Add to this the problem of suppliers holding retailers to ransom over price increases, and the ongoing global shortage of truck drivers, and we have the perfect storm. Globalization Globalization started back in the 1980s and the ability to drive world trade was soon established. It costs to move away from some low-cost sources.
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