Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. Key Takeaways – Sourcing Strategy: Effective vs Efficient.

Your Best Parcel Shipping Strategy: Source Capacity from All Carriers

Amware Logistics and Fulfillment

That’s why a parcel shipping strategy that relies predominantly on one preferred provider could be risky. Capacity shortages among parcel carrier companies have escalated concerns among eCommerce and omnichannel retailers.

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Techniques for an Effective Global Sourcing Strategy

SIPMM Professional Publications

Global sourcing refers to seeking goods and services beyond one’s borders, i.e., from the global market. It is a procurement strategy in which companies try to find the most cost-efficient place globally for manufacturing goods. According to purchasing and procurement professionals, companies should be able to source both inside and outside their national borders. The post Techniques for an Effective Global Sourcing Strategy appeared first on SIPMM ACADEMY.

Qualcomm’s Answer to the Chip Shortage and Digital Transformation Strategy

Logistics Viewpoints

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Procurement/Sourcing chip shortage

Gain a Competitive Edge: The Importance of a Supplier Diversity Program

Speaker: Rod Robinson, SVP of the Supplier Diversity Practice, Insight Sourcing Group

In this exclusive webinar, Rod Robinson, SVP of the Supplier Diversity Practice Lead & Center of Excellence at Insight Sourcing Group, dives into the key benefits corporations are seeing emerge from their supplier diversity programs, and how you can gain unique competitive advantages with a supplier diversity program of your own.

Key Stages to Develop a Global Sourcing Strategy

SIPMM Professional Publications

Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing is often designed to deliver products or services using global efficiencies. These efficiencies include low-cost skilled labour, low-cost raw materials and other economic factors such as tax breaks and low trade tariffs. Global sourcing is […].

Watch: The ‘China Plus One’ Sourcing Strategy

Supply Chain Brain

Vipul Kumar, senior manager of procurement with Aranca, discusses how companies are seeking to supplement manufacturing in China with sourcing in alternative locations, to mitigate risk and control costs

Is a VMI strategy right for me?

Kanban Logistics

What is a VMI strategy? With a VMI strategy , a third-party logistics provider (3PL) will store goods that your manufacturing operation will eventually require. VMI strategy: Only for the big boys? VMI part of an inbound logistics strategy.

Efficient Frozen Food Distribution: Inside the Build-out of Two Automated Facilities

Logistics Viewpoints

In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model. Sources of Efficiency.

Why you need a good supply chain strategy

EazyStock

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Unfortunately, off-the-shelf supply chain strategies don’t exist. Why do you need a supply chain strategy?

2021 Tech Recruitment Strategies: Work Smarter Not Harder

As you plan for the year ahead, take a moment to reflect on your previous or current strategies and evaluate how you can work smarter, not harder in the new year. Download our guide where we break down different stages of the recruitment journey—and share several potential paths to hiring success.

Sourcing from Vietnam could shift as costs and restrictions rise

Supply Chain and Logistics

But Covid brought a lot … Continue reading → Logistics Managerial Econ Strategy Supply Chains international trade manufacturing supply chains VietnamIn recent years Vietnam has had its day in the sun, as production of certain items has shifted from China. It’s been cheaper to manufacture in Vietnam, and it’s been a boon to Vietnam’s economy.

Energy Efficiency Is Key to Better Logistics

Material Handling and Logistics

And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. In many cases, devising ways to become energy-efficient involves activities that benefit the environment and simultaneously cut costs. Whether you replace light bulbs or have fuel-efficient trucks, the ROI happens quickly.”.

5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits.

No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. A company without a supply chain strategy is at a competitive disadvantage. Step 8: Define and Document the New Supply Chain Strategy.

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

How the Pandemic Will Permanently Transform Sourcing Strategies

Supply Chain Brain

When it comes to global manufacturing and sourcing strategies, the coronavirus pandemic has amplified and accelerated a number of trends that were already well underway before it began

Watch: Can Dual-Sourcing Strategies Reduce Supply-Chain Risk?

Supply Chain Brain

Kevin Keegan, principal with PwC Strategy Consulting, explains the concept and rationale behind the use of dual sourcing of manufactured goods to reduce supply-chain risk

2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic.

How the Pandemic Has Altered AT&T’s Global Sourcing Strategy

Supply Chain Brain

COVID-19 has disrupted supply chains all over the world, and that of communications giant AT&T was no exception

The 7 Ways to Source and Attract Diverse Technology Talent

Just talking about diversity and inclusion won’t move the needle. Diversity, equity, and inclusion efforts are at the forefront for organizations looking to recruit and retain top talent, but nowhere does this remain more of a challenge and opportunity than in the tech sector. In this guide, we provide seven strategies organizations can use to source and attract diverse tech talent.

Ferguson Takes Part in Ford Alternative Fuel Source Pilot Program for Commercial Fleets

NGT News

Participation in Ford’s F550 Fuel Cell Prototype Work Truck, a DOE SuperTruck 3 Initiative, complements Ferguson’s overall sustainability strategy to reduce a sizable proportion of Scope […]. Ferguson Enterprises LLC is collaborating with Ford Motor Co.

Top 10 Food Industry Predictions for 2022: A Strategy for Success

WorkWave

Here are some noteworthy stats from various reliable sources: Food delivery has become a global market worth more than $150 billion, having more than tripled since 2017. The post Top 10 Food Industry Predictions for 2022: A Strategy for Success appeared first on WorkWave.

4 Benefits of Near-Sourcing

Carter Logistics

4 Benefits of Near-Sourcing. Near-sourcing – a business moving its operations closer to where its end products are sold – is a growing trend as well as a strategy in the supply chain industry today. We can credit several factors for the increasing popularity of near-sourcing. Stable Spend Line – When sourcing globally, it is a good practice for companies always to keep “safety stock” available at all times. Blog Topics.

10 Tips: Sourcing Refrigerated LTL for Food and Confectionery Distribution

West Coast and California Logistics

The question is: is your current LTL delivery network as safe, efficient and cost-effective as it could be? Transportation Strategies 3PL Outsourcing Cold Chain Managment Refrigerated Trucking Food Logistics Confectionery Logistics logistics in California

The Ultimate Guide to Executive Recruiting

Sourcing the right executive candidates and filling key managerial roles in an organization can be difficult, even in the best of times. Download this eBook to level up your discovery process, talent sourcing, and strategies for reaching your best-fit candidates.

Open pallet pooling drives efficiency amid margin pressure

Logistics Business Magazine

Companies that supply goods, from food and drink to pharmaceuticals, can make savings and increase efficiency by making the right choice of pallet system. Against this background, most companies are examining their operations to make them as efficient and straightforward as possible.

Xpress Global Systems finds winning strategy in niche LTL market share play

The Supply Chain Journal

XGS has embraced its core identity and is looking to find further efficiencies by scooping up market share — while still building flexibility into its network to ride out downturns in homebuilding.

7 Key Strategies To Keep Up With Changing Last-mile Customer Expectations

Locus

Here are seven key strategies that they have used to make it happen. Source: statista.com. The advanced route planning feature in a dispatch management platform factors in real-world constraints for determining the most efficient routes. “There is only one boss. The customer.

Business Growth Management: Tips and Strategies to Keep Up With Your Growing Business

WorkWave

Instead of focusing on customers and outside sources, you may need to start looking inward at processes to streamline production. Adapting to different scenarios, strategies, and technologies can help approach your business growth strategically. Time To Read: 4 minutes.

Freight Broker Leads: 6 Tips for sourcing leads

FreightWaves SONAR

Most freight brokers have to source their own freight broker leads. Here are six tips for sourcing freight broker leads that will minimize the time and resources required to source and research shipper leads. . 6 Tips to source freight broker leads. #1:

Omnitracs’ layoffs and product concerns are nothing new, source says

The Supply Chain Journal

They explained that it was a part of Vista Equity Partners’ overall strategy to sell the company. To be more attractive to sellers, the Dallas, Texas-based telematics company began a nearshoring strategy shortly after.

Three Steps to Align Sourcing Tech With Business Strategy

Supply Chain Brain

Forward-looking procurement teams are embracing new SaaS tools to drive innovation in the sourcing process

Omni-Channel Strategy and Intermodal Transport in Globalized Supply Chains

Morai Logistics

Omni-channel strategies prove to be an effective method for meeting on-demand delivery for consumers and providing efficient solutions for shippers. Research presented supports an industry shift from traditional to Omni-channel strategy, finding that it enables third party logistic (3PL) providers to offer all distribution initiatives. Omni-Channel Strategy. An efficient management of inventory.

Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

Sustainability initiatives come in all shapes and sizes, including responsible product packaging, energy efficiency, alternative fuels, optimizing routes for trucks, and efficient returns management programs. A big part of sustainability initiatives includes the use of ethical sourcing.

Strategic Sourcing: Five Steps to Secure the Best Suppliers

Supply Chain Brain

As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing strategies, too

Better Truckload Operations Efficiency Through Digitalization

Blue Grace Logistics

Having uniform data instantly updated across many locations translates into an efficient organization. Digitally integrated metrics also mean the more efficient movement of goods. Data Visualization – Having data that is intuitive for managers to interpret increases efficiency.

Top Strategies for Attracting and Retaining Qualified Drivers

Women in Trucking

They tend to take fewer risks, have fewer accidents, work more efficiently, choose a company more carefully, and stay longer. Jazrawy encourages companies to crowd-source their fleets. More than 60,000 new drivers are needed, according to the American Trucking Associations.

Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. When formulating a supplier relationship management strategy organizations must consider the following implications to be successful: Become the Customer of Choice. Consumers are becoming increasingly more concerned with how their products are manufactured and sourced.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? But one of the most common mistakes I see many companies make is positioning international supply chains merely as tactical support for larger strategies.