General SCM > Sourcing/Procurement/SRM | SupplyChainBrain

Sourcing/Procurement/SRM: Page 250

Tossing Out a Low-Cost Sourcing Strategy in Favor of 'Best-Sourcing' Practice

Years ago, supply management professionals turned to low-cost countries to manufacture products, establish services operations and source materials in an effort to improve the bottom line for their companies. They found that inexpensive labor in India, China and emerging Asian countries made this new low-cost-country strategy successful "” despite requiring the management of lengthy, complex supply chains. Then the world began to change.

Currency 01

H&M the Latest of Very Few Retailers to Go Public With Its List of Suppliers

Hennes & Mauritz, selling under the brand H&M, is the world's second-largest apparel company and the biggest buyer of clothes made in Bangladesh. That has put the Swedish retailer in an uncomfortable position after the death of a prominent labor activist a year ago and a garment factory fire that killed more than 100 workers in November.

Apparel Store

Things Can Go Wrong When Automakers Share Parts

When Hyundai Motor Co. and its affiliate, Kia Motors Corp., announced Wednesday that they were conducting a massive recall of 1.7 million vehicles, it was a sign of what can go wrong when parts are shared by many vehicle models.

Automotive 2

PrimeRevenue Unveils Tool to Aid in Managing Electronic Payments

PrimeRevenue Inc. has introduced SCiDraft, a tool for managing electronic time drafts on the vendor's OpenSCi platform for supply-chain finance (SCF).

New Free Trade Agreement Between EU and Japan Is Very Promising

The EU has recently announced the official launch of negotiations for a free trade agreement with Japan. The agreement would cover goods, services and investment, and would eliminate tariff and non-tariff barriers, and cover other trade-related issues, such as sustainable development, regulatory issues, competition and public procurement.

Europe 2

Procurement Officers Claim Short-Term Goals Erode Long-Term Values

More than half of chief procurement officers have agreed that their company pursues short-term savings from suppliers that undermine long-term value, according to a survey by the Consero Group.

'Borderless Business Environment' Drives New Pressure, Changes Priorities in Procurement, Study Says

Procurement leaders face new pressures in 2013 as companies focus on profitable growth and balance local agility with global scale in their value chains, according to new Procurement Key Issues Research from The Hackett Group Inc.

Reintroducing Competitive Pricing to Your Existing Supplier Base

When multiple vendors compete for your business, you can expect to see aggressive pricing. But with your existing suppliers, competitive sourcing is not always an option, and without that you may be paying an above-market premium.

Dow Saves Millions on Transportation With S&OP

Larry Schwenk, global supply-chain breakthrough leader with Dow Chemical Co, guides us through the company's application of sales and operations planning to its logistics demand-planning process. A finalist in the Supply Chain Innovation of the Year competition.

How to Excel in Vendor Management

Jim Barnes Image

Resilinc Unveils Tools for Managing Supply-Chain Visibility, Risk

Resilinc Corp., a specialist in applications to bolster supply-chain resiliency, has updated two of its products.

3Gtms Combines With Transite Technology for Mid-Market TMS

3Gtms, a vendor of transportation software, has acquired Transite Technology, a developer of transportation-management system (TMS) applications.

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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.

Moving Robots Site-to-Site