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

IBM Services

JANUARY 31, 2024

They can also expect to achieve costs savings by sharing labor and skills; technology and innovation; marketing and advertising budgets; and other well-established functions and processes, like manufacturing or logistics. This is common for manufacturers that wish to sell direct to their customers instead of relying on distributors.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

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

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? What is Sourcing Optimization? What is Procurement Consulting?

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

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

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

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

SIG Speaks

APRIL 25, 2023

The company's prior organizational structure was that each facility was its entity with its procurement, human resources, quality, and manufacturing departments excreta. 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

SIG Speaks

DECEMBER 15, 2022

Historically I have found myself rescuing suppliers from being cut off from our supply chain, not because of poor delivery, quality, or pricing, but because of trying to centralize products to a single source. What was avoided was centralizing and leaving these manufacturers off the supply chain. learn more. .

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 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

OCTOBER 19, 2023

Executive presentations are a valuable platform to highlight the outcomes of strategic sourcing initiatives and cost-saving measures. I spent many years as a buyer for a manufacturer before moving into sourcing. SigU added innovative ideas and skills to my presentation process that I am looking forward to using.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In fact, many businesses have realized that reshoring – or bringing manufacturing and operations back to the United States from overseas – is an important part of keeping the company alive. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The strategic level addresses the big picture and general decisions. The Importance of Strategic Supply Chain Decision Making Supply chain managers have to make difficult decisions, often fast, using real-time information.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

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

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

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

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For instance, one manufacturing company found hundreds of duplicates in its supplier list. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

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). Download Free Copy.

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

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using resource clean sheets builds on that foundation to create a granular assessment of the monetary cost and the carbon footprint of every component in the manufacturing step involved in making a product. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

SIG Speaks

DECEMBER 13, 2022

My earlier practice of making Macro Level Itemized costing has now been converted to detailed micro-level Cost Modelling enabling me to go deeper in terms of how different attributes are contributing to the rate of each item, i.e., Freight/transportation, Volume, local commodity rate fluctuations, manufacturing processes, etc. learn more. .

Co-Sourcing 40

Co-Sourcing Sourcing Strategic Sourcing Engineering 40

SIG Speaks

MAY 9, 2023

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations. Currently with CDK Global as part of Sourcing Team from last 3.5

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

SIG Speaks

NOVEMBER 15, 2022

He moved to the United States in 2013 and has then worked in various sectors such as Pharmaceutical, Nutraceutical, Contract Manufacturing and Consulting.

Pharmaceuticals 40

Pharmaceuticals Supply Chain Management Government Strategic Sourcing 40

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

. … there are some benefits to be gained in procurement operations … sometimes there is value in contract management and SRM … however, most of value will come from Sourcing. Value from procurement almost 100% comes from Sourcing. Strategic Sourcing is an untapped opportunity for most firms.

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