Perficient Digital Transformation

JULY 19, 2024

Customers are demanding a personalized experience, and manufacturing is no different. One-size-fits-all manufacturing is now becoming a thing of the past. Today, we are seeing a decline in the mass production of identical products in exchange for personalization and niche products.

Manufacturing 64

Manufacturing Management Strategic Sourcing Research 64

SourcX

OCTOBER 11, 2020

More and more companies are realizing the draw of manufacturing overseas, often in low cost countries. Keeping costs down throughout the manufacturing process allows them to increase profit margins, and many low cost countries offer a wide selection of experienced potential suppliers and advanced manufacturing facilities.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

Everest Group

OCTOBER 31, 2022

Manufacturers and trading partners are required to encode their products with unique identifiers on the individual packages and track products at the unit level by November 2023. Use Cases : Addressing drug serialization and aggregation, strategic sourcing, fleet tracking, drug e-labelling, artwork management, and API tracking.

Pharmaceuticals 130

Pharmaceuticals Manufacturing Strategic Sourcing Regulations 130

SIG Speaks

APRIL 25, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. The sourcing lead ensured buy-in from the plant's critical stakeholders for the food service change by clearly communicating the industry.

Sourcing 40

Sourcing Management Co-Sourcing Strategic Sourcing 40

Perficient Digital Transformation

NOVEMBER 8, 2021

Companies should know where products are in the supply chain, whether it’s raw materials, suppliers, manufacturing, distribution, or retailers. This means that there should be support and communication from various business functions rather than having a “laissez-faire” approach to the manufacturing process. Cycle time reduction.

Supply Chain Management 69

Supply Chain Management E-Commerce Manufacturing Strategic Sourcing 69

SourcX

OCTOBER 12, 2020

Many businesses acknowledge the advantages of sourcing in low cost countries. Increasing numbers of executives see the writing on the wall, and can no longer ignore the fact that sourcing in low cost countries can reduce labor costs and give them access to robust manufacturing facilities. What is Strategic Sourcing?

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

IBM Services

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.

Engineering 80

Engineering Manufacturing Collaborations Research 80

Perficient Digital Transformation

SEPTEMBER 4, 2024

Oracle Cloud Supply Chain Management (SCM): We help modernize and mature our clients’ end to end global supply chain through strategic sourcing and spend control, source-to-pay improvements, cycle time reduction, and inventory and materials management.

Supply Chain Management 52

Supply Chain Management Service Strategic Sourcing Manufacturing 52

SIG Speaks

APRIL 29, 2022

According to the study, at one point, the bottler used 4 liters of water to make 1 liter of Coke in their manufacturing process. Coca-Cola responded by completely re-engineering its manufacturing process, reducing the amount of water from 4 liters to 1¼ liters. Director Strategic Sourcing (Yahoo Inc) for being on our panel.

Strategic Sourcing 40

Strategic Sourcing Manufacturing Sourcing Government 40

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. How to report and analyze indirect spend to identify savings opportunities. Download Free Copy. Written by. Lyle Del Vecchio. 14 min read.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

SIG Speaks

DECEMBER 15, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Sergio Mielnik shares an in-depth understanding of how supplier relationships should be managed and how improving supplier relations at different levels will create successful sourcing engagements. This impacted them, but it was something that they could manage.

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 40

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. Download Free Copy. The Benefits of Localized Supply Chain.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. The strategic level addresses the big picture and general decisions. How to report and analyze indirect spend to identify savings opportunities. Written by.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

SIG Speaks

FEBRUARY 25, 2022

For example , one of Canada's "biggest food manufacturers," Frito-Lay, is no longer shipping its products to its largest grocer. Citing it as "an extreme example of how inflation is impacting the food industry," manufacturers' efforts to "recoup higher costs" is driving a wedge between some retailers and suppliers.

Manufacturing 40

Manufacturing Strategic Sourcing Sourcing Retail 40

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The process of tail spend analysis involves analyzing data from various sources, including supplier invoices, purchase orders, contracts, and other financial documents. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

SIG Speaks

DECEMBER 13, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Mahesh Khamkar discusses the concepts of business model mapping and cost modeling and how to apply them to your business. It's a pleasure to know that it's called Cost Modelling in the sourcing dictionary.

Co-Sourcing 40

Co-Sourcing Sourcing Strategic Sourcing Engineering 40

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tier 1 suppliers are the most significant in terms of supply chain setup, they can also represent direct suppliers to the end customer or original equipment manufacturers (OEMs). Creating Strategic Partnerships.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

APRIL 19, 2022

For example, in this business case, Justin is the Chief Procurement Officer or CPO for a small company that manufactures desks and tables. In his position, Justin and his team are responsible for procuring the materials needed to manufacture the furniture including wood, glue, and decorative items.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

SIG Speaks

MAY 9, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. Currently with CDK Global as part of Sourcing Team from last 3.5 Outsourcing business activities became standard across industries irrespective of their size or work area.

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

SIG Speaks

NOVEMBER 15, 2022

The word 'similar' is essential because there might be an exemption for some suppliers that are not fully aligned or integrated with the client regarding goals, strategic objectives, and approaches to the business. Assessing the relationship fit between suppliers and clients is so important.

Pharmaceuticals 40

Pharmaceuticals Supply Chain Management Government Strategic Sourcing 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Example: A car manufacturer acquiring a chain of dealerships to sell its vehicles directly to consumers. How to gain visibility and control of your indirect spend.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

OCTOBER 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ability to Identify Inefficiencies Knowing your DIO helps to identify inefficiencies in your manufacturing process, so improvements can be made. How to gain visibility and control of your indirect spend.

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

Planergy Software

DECEMBER 22, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Sales 52

Sales Accounting Inventory Management Finance 52

Sourcing Advisors Group

JUNE 17, 2021

The latest in the series is the CPO STUDY 2021, Pursuing Sourcing Effectiveness Among Disruption and Shifting Priorities published by WBR Insights and Jaggaer identified 6 measures – all of which measure cost reduction. Elouise Epstein , VP at Kearney in a recent talk entitled The Business Case For Sourcing Productivity said that.

Strategic Sourcing 52

Strategic Sourcing Sourcing Manufacturing Marketing 52

Blue Ocean

MARCH 3, 2025

We sat down with Peter Longo, Director of Strategic Sourcing and Logistics at St. The thing about strategic sourcing and supply chain is that you usually dont hear much about it unless something goes wrong. Ideally, the strategic sourcing team needs to understand the space in which theyre sourcing.

Sourcing 52

Sourcing Strategic Sourcing Outsourcing Collaborations 52