In Part I, David Bush summarized the fifth installment of the CPO Agenda 2007 debate series - What are procurement’s key challenges in the next 10 years? that took place early this summer in Paris and featured a dozen procurement executives from leading companies in the region.
As per his summary, the key topics […]
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November 20th, 2007 | Posted in General, e-Sourcing Marketplace, Technology, Supply Management Best Practices, Global Supply Issues/Risk
I have no idea, but SCDigest tried to take a stab at it recently and, of course, they do not know either. However, this article does a nice job of presenting two sides of the issue. We deal with freight and fuel surcharges frequently, here at Iasta, because we have many clients in […]
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November 13th, 2007 | Posted in General, Global Supply Issues/Risk
Well, I should start off by confessing that this post has nothing to do with the recent publication titled Sourcing From China - Lessons from the Learners from the Boston Consulting Group. It’s actually about a recent article in Supply & Demand Chain Executive called Global Sourcing: Is It Really Worth It? - which […]
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November 1st, 2007 | Posted in General, Analysts/Research, Global Supply Issues/Risk
Last week, in Part I, I brought your attention to a recent publication from the Boston Consulting Group, Sourcing From China - Lessons from the Learners that contained an exhibit that described the four stages of successful Low Cost Country Sourcing:
Test the Waters
Early Engagement
Full Integration
Make the Low Cost […]
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October 31st, 2007 | Posted in General, Technology, Analysts/Research, Supply Management Best Practices, Global Supply Issues/Risk
A recent study by McKinsey & Company and the Supply Management Institute found that high performing firms have high performing purchasing departments, that what matters most is the people in the purchasing department, and that purchasing departments staffed with talented, motivated, and interactional personnel achieve, on average, savings that is two-and-a-half times higher than their […]
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October 30th, 2007 | Posted in General, e-Sourcing Marketplace, Supply Management Best Practices, Global Supply Issues/Risk
Boston Consulting Group, a highly respected consultancy, has released a new publication named Sourcing From China - Lessons from the Learners. It is another one of these reports that I have come across recently which is a digestible size and easily read. I recommend downloading and saving, if your organization does any offshoring […]
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October 23rd, 2007 | Posted in Suppliers, Analysts/Research, Global Supply Issues/Risk
Low Cost Country Sourcing, often abbreviated LCCS, defined as a procurement or sourcing strategy in which a company sources materials from countries with lower labor and production costs in order to cut operating costs, is not a new subject. IIn fact, it’s a rather hot topic today. Googling “low cost country sourcing” (without the […]
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October 16th, 2007 | Posted in General, e-Sourcing Marketplace, Global Supply Issues/Risk
In this post I summarize the fourth installment of the CPO Agenda debate series - What Capabilities Do You Need To Operate In A Global Market? that took place in Milan in the Spring. My summaries of the previous debates on World Class Procurement - The British Perspective, Global Sourcing - A Scandanavian View, […]
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October 9th, 2007 | Posted in General, Technology, Interviews, Supply Management Best Practices, Global Supply Issues/Risk
On the heels of yesterday’s post, I wanted to bring attention to another article regarding the topic of offshoring. This one comes from a publication named Cargo News Asia and comments on some of the proactive measures that buyers are beginning to build with regard to a recent swell of problems coming from Chinese […]
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September 14th, 2007 | Posted in General, Global Supply Issues/Risk
The Wall Street Journal recently brought attention to supply chain management and even quoted an occasional visitor/commenter of E-Sourcing Forum, Adam Fein of Pembroke Consulting. Although not quite as prestigious as exposure from ESF, Adam gets a great plug on another highly respected outlet.
Make supply-chain management a top priority. Mattel’s recent recall of millions […]
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September 13th, 2007 | Posted in General, Global Supply Issues/Risk