General SCM > Sourcing/Procurement/SRM | SupplyChainBrain

Sourcing/Procurement/SRM: Page 203

SAP Issues Update to Planning Platform; Enhancements to Ariba

SAP SE has released version 6.1 of the SAP Integrated Business Planning application.

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IBM's Watson Supercomputer to Help U.S. Air Force Avoid Procurement Flak

IBM's Watson, the computational genius that has bested "Jeopardy" champions, published a cookbook and even been unleashed in the fight against cancer, now has what is perhaps its greatest challenge: taking on the federal procurement morass.

How to Avoid - and Defend - Supply-Chain Disputes

Disputes with suppliers can be costly. Now there's a guide to avoiding them - and defending against them when they do occur.

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Aras Partners With CGI Business Consulting for Medical Products

Aras, a vendor of product lifecycle management (PLM) software, is partnering with CGI Business Consulting to provide global companies with specialized intellectual property and integration services.

How to Move Production Out of China

The reshoring of manufacturing from China is no longer in question. Whether that work ever makes it back to the U.S., however, is another matter entirely.

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Project44 Debuts Volume-Rating APIs; Partners With Revenova

Project44 has introduced volume less-than-truckload rating APIs (automated programming interfaces) to allow for real-time volume rate exchange between carriers and their shipper, broker and third-party logistics provider customers.

Procurement to Transportation: We Are Here To Help You

Analyst Insight: Procurement has made steady progress in playing a more important role in the preparation and solicitation of transportation RFQs and carrier negotiations. This trend is good in those instances where transportation is viewed and managed as a commodity. However, in companies where transportation has a more strategic role and thus greater impact on the organization, procurement peers often do not have the depth of understanding needed to navigate the economics and operational distinctions found in transportation. - Karl B. Manrodt, Professor of Logistics and Supply Chain Management, Georgia College & State University

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Supplier Diversity, By 2025

Analyst Insight: By 2025, issues such as globalization, social transparency, risk management and sustainability will bring new challenges to all the best procurement organizations around the world. For diverse suppliers, these changes will pose new challenges, while bringing new opportunities for those with a vision for the future. - Angie Li, Partner; Curtis Simpson, Manager; Kirsty A. McNally, Manager, all with Advisory Services of Ernst & Young LLP

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SRM Is Vital to Business Profitability

Analyst Insight: Supplier relationships and the management of them are critical to business. The strength of the relationship is two vs. one, transparency, collaboration and innovation. Real value is extracted when buyers and suppliers work together. Not surprisingly, businesses focused on supplier relationship management (SRM) lead their peers five to one in terms of value derived from their supply base. - Mickey North Rizza, VP of Strategic Services, BravoSolution

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You Get What You Pay For

Analyst Insight: Today's strategies for managing suppliers are incomplete. Too much emphasis has been placed on using power to gain leverage over suppliers. But this strategy doesn't work in every situation and care has to be taken to architect the right kind of relationship. Power stymies the development of truly collaborative and strategic relationships. These relationships can produce outcomes well beyond what one firm can do by itself. - Karl B. Manrodt, Professor of Logistics and Supply Chain Management, Georgia College & State University

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Find Interest Rate Time Bombs in Your Purchasing Policies

After years of historically low interest rates, the Federal Reserve has started to execute on its strategy to raise rates. As a result, procurement teams will need to scrub their policies and plans to find interest rate sensitivities in a way they haven't in almost a decade.

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The CSCO's View of Strategic Sourcing and Segmentation

Analyst Insight: Today's chief supply chain officer (CSCO) is beset by pressures on all fronts, struggling to understand and meet customer demands for cheaper, faster and efficient logistic processes from source to final delivery. Under omnichannel competitive pressures, web and mobile orders tendered by 2 p.m. must be fulfilled and shipped in the same. These growing B2C fulfill-to-deliver flows add shipping and labor costs and, if not optimized, impact margins and profitability. This constitutes a call to action! - Bob Heaney, Research Director and Principal Analyst, Aberdeen Group

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