Saving costs when sourcing parts

Fleet Owner

About 20% of truck parts are uncommon enough that service providers must spend an inordinate amount of time searching for them. Service operations must adjust strategies and remain flexible to lessen downtime and repair costs. Perspectives / IdeaXchange

Your Best Parcel Shipping Strategy: Source Capacity from All Carriers

Amware Logistics and Fulfillment

Capacity shortages among parcel carrier companies have escalated concerns among eCommerce and omnichannel retailers. These businesses rely heavily on FedEx, UPS, USPS, DHL, and various regional carriers to deliver goods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. Single sourcing to drive price and increase influence (to a point).

ANNOUNCING: ProcureCon IT Sourcing 2022

Supply Chain Brain

ProcureCon IT Sourcing is back LIVE and IN-PERSON in the heart of Boston, MA at the Westin Copley Place this July 18 – 19, 2022

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.

Crucial Factors for Sourcing Tropical Fruits

SIPMM Professional Publications

The post Crucial Factors for Sourcing Tropical Fruits appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Tropical fruits originate from regions with tropical climate environment.

Turning Chaos into Control Through Dynamic Market Sourcing

Logistics Management

The tactics best-in-class sourcing teams are using to win in volatile markets

Global Sourcing Considerations for Food Retail Distribution

SIPMM Professional Publications

Such factors include sourcing and shrink reduction. The post Global Sourcing Considerations for Food Retail Distribution appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

7 Tips for Sourcing Tanker Truck Capacity

Bulk Connection

The combination of increased demand for tanker trucks and diminished capacity has created a dangerous imbalance that threatens the supply lines of chemical companies and other bulk shippers. The risk is highest for smaller bulk shippers who lack the volume to attract carriers’ business.

Sourcing Parts Faster With Digital Manufacturing

Supply Chain Brain

The emergence of e-commerce for ordering parts has made the experience as easy as buying a book or toaster on Amazon.com, enabling supply chain managers, product designers, engineers and others to carry out the process quickly and on demand

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

Mitigating Global Sourcing Risks in a Pandemic

SIPMM Professional Publications

Businesses dependent on global sourcing are facing hard choices in during period of pandemic such as the current Covid-19 situations with the supply chain disruptions.

Broadening The Reach & ROI of Sourcing Optimization

Supply Chain Brain

The challenges facing global supply chains call for rapid, agile solutions, and procurement teams need to be equipped with more than just basic e-sourcing tools

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

NGT News

The post Ferguson Takes Part in Ford Alternative Fuel Source Pilot Program for Commercial Fleets appeared first on NGT News. Ferguson Enterprises LLC is collaborating with Ford Motor Co.

Finding Alternatives to Sourcing in China Can be Difficult

Logistics Viewpoints

In early November, the Northeast Cargo Symposium had a series of presentations and panels focused on how trade disputes are affecting companies that source from abroad. The post Finding Alternatives to Sourcing in China Can be Difficult appeared first on Logistics Viewpoints.

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.

Compliance is Necessary, Sourcing is Strategic

Logistics Viewpoints

Sourcing is strategic. GTC content is necessary for strategic sourcing. But what is really needed are engines that quickly allow companies to understand what they need to do in component sourcing for their products to qualify for duty free treatement.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.

Sourcing Criteria for the Confectionery Industry

SIPMM Professional Publications

Strategic sourcing skills play an important role before any purchase are made in every industry. The post Sourcing Criteria for the Confectionery Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

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.

How Recruiters Can Create a Predictable Candidate Pipeline

Save $100 Million in Sourcing with GTC Software

Logistics Viewpoints

The post Save $100 Million in Sourcing with GTC Software appeared first on Logistics Viewpoints. GTC Software is not just about Compliance. MIC was recognized by Ford Motor Company as a top-performing global supplier at Ford’s 23rd annual World Excellence Awards.

Sourcing from Vietnam could shift as costs and restrictions rise

Supply Chain and Logistics

In 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. But Covid brought a lot … Continue reading → Logistics Managerial Econ Strategy Supply Chains international trade manufacturing supply chains Vietnam

Mitigating the Risks of Global Sourcing

SIPMM Professional Publications

The development of the economic globalization makes the global sourcing extend to all parts of the world, global procurement has certain advantages, but the inevitable risk also exists, during the global sourcing process, companies must face these risks, take active and effective to mitigating risks. The post Mitigating the Risks of Global Sourcing appeared first on SIPMM INSTITUTE.

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

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.

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. 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. It is a procurement strategy in which companies try to find the most cost-efficient place globally for manufacturing goods.

What is strategic sourcing?

Fleet Owner

Strategic sourcing is a systematic approach to purchasing items needed for your business. It is based on a holistic view of the sourcing process. When you source in a strategic manner, you do so with four objectives in mind: Reduce overall costs Elim

Podcast | 'Sourcing Can Change the World.' Here's How.

Supply Chain Brain

Can ethical sourcing practices really “change the world”

Podcast | ‘Sourcing Can Change the World.’ Here’s How.

Supply Chain Brain

Can ethical sourcing practices really “change the world”

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.

Dynamic Market Sourcing: Optimizing Procurement in an Unpredictable World

Supply Chain Brain

In the first weeks of the COVID-19 pandemic, business planners, expecting a harsh recession, shut down manufacturing plants and canceled retailing orders

Six Effective Sourcing Techniques for Electronics Products

SIPMM Professional Publications

Sourcing is a part of the purchasing […]. The post Six Effective Sourcing Techniques for Electronics Products appeared first on SIPMM INSTITUTE. Nowadays, suppliers do not solely have an impact on reducing costs and improving products or services but are more involved in the product design and development process. Hence, selecting the right suppliers and composing the optimal supply base is one of the most challenging parts of strategic purchasing.

Cummins, Isuzu in power-source partnership agreement

Fleet Owner

Cummins Inc. and Isuzu Motors Limited have taken another step forward in their partnership by entering into the Isuzu Cummins Powertrain Partnership agreement. The agreement, announced May 31, formalizes a business structure for the two companies to

Podcast | Wake Up! Why Aren’t Companies Addressing Sourcing Risk?

Supply Chain Brain

Will supply chains ever learn the need for true risk management and resilience

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.

Turning Chaos into Control through Dynamic Market Sourcing

Supply Chain Brain

Supply chain volatility is now the norm, and the need for speed in procurement has never been greater

Breaking: Illinois tanker company calls it quits, sources say

The Supply Chain Journal

After 41 years, a family-owned dry and liquid bulk trucking company ceased operations as of midnight Tuesday, sources familiar with the matter told FreightWaves.

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

The Supply Chain Journal

This is how the whole nearshoring strategy to Mexico began,” the source said. The culture has become toxic for those still employed at Omnitracs, the source said. “If

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:

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.