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Think Tank
Sourcing/Procurement/SRM: Page 190
The Bottom Line: Managing Your Cash-to-Cash Cycle
The cash-to-cash cycle is a key metric for measuring the efficiency of a supply chain. But many companies seem unable to deploy it with success.
Industry 4.0: The Five Steps Toward a Digital Supply Chain
If the vision of Industry 4.0 is to be realized, most enterprise processes - manufacturing, product development, customer relations, and the workplace itself - must become fully digitized. A critical element will be the arrival of the digital supply chain.
Near-Shoring Is No Cure-all for the Traditional American Worker
The return of manufacturing to the U.S. and Europe from Asia is happening - but not at the pace that proponents of reshoring might hope. And there are some unexpected complications that need to be addressed.
The Real Reason Behind Lost U.S. Manufacturing Jobs
So the major driver behind all those lost American jobs is free trade? Not so fast.
Sigfox Spot'It Tags Provide Alternative to RFID Tracking
Global communications service provider Sigfox has released a tool for tracking the locations of goods at a low cost, that serves as an alternative to radio frequency identification or GPS.
Strategic Sourcing in a New Economy
Analyst Insight: Procurement departments have spent the last 20 years perfecting procurement by automating procurement systems and standardizing highly competitive Request for Proposal processes. This works well when buying commodities and transactions, but falls short for organizations looking for collaborative supplier relationships where flexibility and innovation are essential. Today's progressive procurement organizations are re-evaluating their approaches and are making a conscious shift along the sourcing continuum. - Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
Procurement's Guide to Extending Supplier Payments Terms
Analyst Insight: Successful supplier payment term extensions only happen when procurement receives the right training and ongoing support. Before companies implement an extension with suppliers, they must first understand the traits (and barriers) to success. Procurement should be viewed as a strategic lever to improving working capital and given a seat at the table during the selection and implementation process. This will pave the path to a successful supply-chain finance program and optimized cash flow. - Tom Roberts, senior vice president of global marketing, PrimeRevenue
How Shippers Can Protect Themselves Against Another Carrier Bankruptcy
Should shippers and ocean carriers have seen the bankruptcy of Hanjin Shipping Co. Ltd. coming?
Are Ocean Carriers and Shippers Focused on Service - Or Just Lip Service?
It's been the same drill for years: Ocean carriers and shippers talking service, then fixating on price. Is this disconnect finally about to be disrupted?
Four Steps Procurement Professionals Can Take to Survive Automation
The BBC's head buyer is optimistic the procurement function won't be replaced by robots if it adapts to become a strategic part of the business.
Supply Chains Need to Grow. Will They Find the Cash to Do It?
These are unsettling times for global business leaders. And nothing makes them more nervous than the issue of access to working capital and liquidity for growth.
How Can We Save American Manufacturing?
American manufacturing is in need of a reboot.
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