Sourcing Strategies Related Topics 
The Logistics of Logistics
MARCH 13, 2021
Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used).
Amware Logistics and Fulfillment
JULY 27, 2021
That’s why a parcel shipping strategy that relies predominantly on one preferred provider could be risky. These businesses rely heavily on FedEx, UPS, USPS, DHL, and various regional carriers to deliver goods. When freight capacity for parcels falls short, associated delays negatively impact the buying experience for online shoppers.
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Logistics Viewpoints
FEBRUARY 20, 2024
That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.
3PL Links
OCTOBER 17, 2023
7 Efficient Strategies to Mitigate Risks in the Supply Chain | Image source: Pexels Issues with suppliers, calamities that occur naturally, data breaches, health issues, or security issues. Create a risk management strategy When it comes to lowering risks, planning for the worst is not being pessimistic; it is being prepared.
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
SIPMM Professional Publications
OCTOBER 10, 2018
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. The post Techniques for an Effective Global Sourcing Strategy appeared first on SIPMM ACADEMY.
SIPMM Professional Publications
OCTOBER 15, 2018
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. Global sourcing is […].
Advertiser: GEP
In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
Advertiser: GEP
What’s Inside: Exploring the importance of having a dedicated buy-side contracting team Leveraging tools to enhance efficiency and empower the legal and sourcing teams Establishing processes to gather and analyze contract data to spot trends
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In this guide, we provide seven strategies organizations can use to source and attract diverse tech talent. Download this guide to learn: Short and long term strategies to source diverse talent. How to put DEI front and center throughout the process. Tips to cast a wider net and boost DEI in the tech world.
Advertiser: ZoomInfo
That's where ZoomInfo Recruiter comes in, helping bridge the gap when job sourcing and communication efforts stall on LinkedIn.
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Hours spent sourcing. 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. Sourcing with strategy (includes checklist). Constantly checking different recruiting channels. Sifting through a sea of resumes.
Advertiser: ZoomInfo
It's no secret that hiring for a senior management position is a tough task for recruiters, and remaining open to changes and seeking better ways to source candidates is critical. That is why building a strong framework for executive hiring that maximizes efficiencies while minimizing cost and time to hire is important.
Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker
Now, as a variety of disruptive events cause supply chain challenges, companies are contemplating bold moves to keep business moving, including moving sourcing and manufacturing closer to home markets and maintaining a larger reserve stock to help manage the fluctuations in supply and demand.
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