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Sourcing/Procurement/SRM: Page 213

Mercedes Initiative Targets Reduction of 20 Percent in Supply Chain Costs Per Vehicle

Mercedes-Benz is investing hundreds of millions in a global reorganization of its supply chain network that will set the course for growth and efficiency with the goal of reducing supply chain costs by 20 percent per vehicle.

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Omnichannel Retailing From Perspective of Manufacturers and Suppliers

With omnichannel, consumers and their mobile phones are doing pricing, web shopping and so forth. But what about manufacturers? They have omnichannels of their own, and suppliers to those retailers are an intrinsic part of retailers' strategies, yet the media is paying this scant attention.

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Tradeshift Partners with C2FO on Working Capital for Suppliers, Buyer

Tradeshift, provider of a supplier-collaboration platform, has entered into a global partnership with C2FO, a market for the acquisition of working capital.

Walmart Initiative Designed to Support Jobs in U.S. Manufacturing

Walmart has committed to investing $250bn in products that will support and create American jobs by 2023. Based on data from Boston Consulting Group, it is estimated that one million new U.S. jobs will be created through this initiative. Responding to feedback from its vendors that finding U.S. sources of supply was a challenge, Walmart plans to use ThomasNet's platform for product sourcing and supplier discovery.

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Vendor Risk Management Programs Still Require Improvement, Study Finds

Organizations must make improvements to their risk management programs in order to keep pace with the latest cyber-attack risks and data security challenges, according to the second annual 2015 Vendor Risk Management Benchmark Study, released by the Shared Assessments Program and Protiviti, a global consulting firm.

Procurement Professionals See Value in 'Soft' Skills, Such as Communication

Soft-skill traits such as emotional intelligence and communication have long been recognised as fundamental to business success and are now gaining recognition in procurement and supply.

Ariba Issues Update of Strategic Sourcing App

Ariba has released a new version of Ariba Sourcing, the company's application for managing the purchase of direct materials.

Most Walmart Suppliers Asked to Pay Inventory Carrying Costs

Walmart has begun asking most of its suppliers for fees to cover the costs of carrying inventory and use of its warehouses and distribution centers, in an effort to cover those costs and apply the fees more uniformly.

Blurring Line Between Direct, Indirect Procurement Can Be 'Dangerous'

There's been a great myth sweeping across the world of procurement. It's come about as procurement technology has grown widespread and companies are vying for customers to sign onto their solutions. The myth takes the form of an eraser, scrubbing away the lines between direct and indirect procurement.

GT Nexus Joins With Seabury in Supply-Chain Finance Program

GT Nexus has partnered with Seabury TFX in a new supply-chain financing program.

How a Customer Advisory Board Can Drive Innovation

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Alderney Advisors Launches Alderney Scorecard

Alderney Advisors has launched the Alderney Scorecard, an analytics tool for assessing and tracking the health of a company's supply base.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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