Supply Chain Brain

AUGUST 20, 2023

and China provides yet another reminder of why American high-tech manufacturers need to diversify their supply of critical raw materials. The latest skirmish in the trade war between the U.S.

Global sourcing 98

Global sourcing Raw materials Sourcing Strategy 98

IBM Supply Chain Blog

JANUARY 31, 2024

The main motivators for outsourcing are cost savings; the flexibility to ramp up or scale back functions and goods or services as needed; and greater access to specific skills or raw materials. Single sourcing Single sourcing (or single supplier) is choosing only one supplier for all raw materials, goods and services.

Sourcing 91

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 91

Claritum

MAY 11, 2018

These include access to cheap raw materials and products, tax breaks and reduced labour costs. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Global Sourcing Technology.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Supply Chain Game Changer

NOVEMBER 13, 2018

Source: [link] ). SCM is the management of a network of all business processes and activities involving procurement of raw materials, manufacturing and distribution management of Finished Goods. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

Positive Purchasing

SEPTEMBER 22, 2022

It now owns 15 of the 17 cobalt mines in the Dominican Republic of Congo, the biggest global source of cobalt. It also involves understanding the raw materials and the inputs that go into production and beginning to model the future risk to which an organization is exposed. The challenge for procurement.

Procurement 52

Procurement Raw materials Price Risk 52

Arkestro

JULY 30, 2024

Procurement teams play a vital role in sourcing raw materials and components needed for the manufacturing of vehicles based on real-time orders. Procurement may adjust global sourcing strategies to include more “nearshoring” to local or regional suppliers or ask key foreign suppliers to utilize local warehouses.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

This involves moving sourcing activities closer to where goods or services are sold, cutting the emissions costs that come with transporting products to their final destination. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78