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Think Tank
Sourcing/Procurement/SRM: Page 98
Watch: Implementing Manufacturing 4.0
After pinpointing its pain points, a company can unlock great potential by implementing Manufacturing 4.0, says Jake Barr, chief executive officer of Blue World Supply Chain Consulting.
There’s No End in Sight for Chip-Constrained Auto Sales Slump
Last year's historically low auto sales reflect a global microchip shortage that forced carmakers to limit output or ship some vehicles without fully functioning features.
Enhancing Food Traceability and Purity Through Direct Sourcing
Today’s global supply chains are so complex that merely identifying all of the parties involved in getting product to market, especially where there’s the potential for fraud, can be hugely difficult. So why not just cut out those intermediaries and deal directly with the actual supplier of raw materials?
Procurement in 2022: The Year Ahead Is Run by AI
The coming year will see a rising tide of technologies designed to mitigate the challenges of 2021.
Watch: Collaboration: The 'Killer App' for the Supply Chain
In the 1950s, it was the container. Today, collaboration is the new "killer app" for the supply chain, says Luis Pajares, chief customer officer with Turvo. But is technology a help or hindrance toward achieving that goal?
Why Major OEMs Are Moving to In-House Chip Production
The recent announcement by Ford Motor Co. that it was planning to develop and produce at least some of its own semiconductor chips signals a sharp reversal of a decades-long practice.
Watch: Lessons to Be Learned From the Microchip Shortage
Bill Currence, president and managing partner of Cornerstone Consulting Organization, discusses the factors that are both beyond and within the control of manufacturers suffering through the current supply chain crisis.
Factrees Launches Networking Platform Providing Nearshore Sourcing Solutions During Supply Chain Crisis
Factrees LLC, a B2B networking platform, launched a new networking solution that matches sourcing partners based on product lines, territory, services offered and business relationships, connecting U.S.–based manufacturers, sales reps and distributors easily, quickly and cost-effectively.
Establishing an Ethical Supply Chain Is a Business Imperative
More than 80% of Americans feel strongly about shopping for products that are ethically and sustainably sourced, research shows.
Watch: Responsible Sourcing Is More Important Than Ever
Mike Landry, senior vice president and global leader for the supply chain service line of Genpact, explains the meaning of “responsible sourcing,” and tells why it’s so crucial to global supply chain management today.
How Liteboxer Kept Moving Product With a Knocked-Out Supply Chain
What better way to work off the anxieties of the pandemic than an at-home boxing workout? Yet the company that’s capitalizing on that urge has had to deal with its own set of frustrations in getting product to market.
How to Streamline the Procurement Process, From Finding Vendors to Paying Them
The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time, and missed opportunities.
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