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Sourcing/Procurement/SRM: Page 225

Procurement Teams Increase Value, Outperform Peers by Going 'Borderless'

Despite ongoing economic and business environment challenges, world-class procurement organizations continue to outperform the peer group by a wide margin, up to $6m in cost savings for the typical large company. They deliver services at 19 percent lower cost with greater effectiveness and require 27 percent fewer full-time-equivalents (FTEs) per $1bn in spend. For many, efficiency gains have reached their practical limits. What's next?

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Defense Industry Marches Closer to Using 3D Printing to Attack Parts Sourcing

The Pentagon and the defense industry are rapidly expanding the use of 3D printing to make parts and tools for more sophisticated military equipment.

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Arena Solutions Adds Two Modules to PLM Platform

Arena Solutions' fall 2014 release of its product lifecycle management (PLM) applications includes two new modules, Arena Scribe and Arena DataExtract, as well as enhancements to Arena Quality.

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Air, Missile Strikes in Iraq, Syria Revive Flagging Fortunes of U.S. Defense Contractors

Three days after U.S. warships fired 47 cruise missiles at Sunni militant targets in northern Syria, the Pentagon signed a $251m deal to buy more Tomahawks from Raytheon Co., a windfall for the military giant and its many subcontractors.

Shale Gas Boom in U.S. Has European Chemical Companies Concerned About Their Costly Processes

The U.S. petrochemical resurgence is being closely watched in Europe where companies are wondering whether the deluge of North American shale gas will sap away their competitive advantage.

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PLM Moves to the Cloud ... Gradually

The world of product lifecycle management (PLM) has been turned upside down by a raft of technological breakthroughs.

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A Limited View of Value of Supply Chain Finance Can Cost You a Bundle

In most companies, supply chain finance is seen as a narrow and limited tool rather than a strategic enabler of success. As a result, a lot of unrealized value is left on the table. Whether you are in finance, supply chain, or procurement, supply chain finance has the potential to help you provide more strategic value.

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Ebola Outbreak Could Disrupt Supply of Cocoa, Cause Prices to Rise

Hedge funds are betting that the price of cocoa will rise on concern that the deadly Ebola disease will disrupt supplies from West Africa, which produces 70 percent of the global supply.

S&OP Drives Improvements to Product Innovation at Office Furniture Manufacturer

Challenge: Lean innovation pipeline and late product management projects plagued office furniture manufacturer.

Inefficient Procurement Systems Cost North American Businesses $1.5Bn a Year, Study Says

Inefficient procurement tools are costing businesses in the United States and Canada more than $1.5 billion per year and wasting more than 32 million man hours, according to a survey conducted by The Topline Strategy Group.

The 3D Printing Revolution: How It Will Affect Procurement Strategies

3D printing is one of the hottest technology developments in supply chain today. Is it for real?

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It Isn't Always Easy Being an Apple Supplier

Apple sold 150 million iPhones last year, each carrying dozens of parts made by other companies. That's why Apple is a perennial kingmaker among component manufacturers: Each time the company releases a model, some suppliers end up winners and others losers.

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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

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

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

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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