In this post I’m going to lay the foundation required to introduce you to a new direct sourcing solution if you’re a manufacturer - regardless of industry - who manufacturers, or outsources the manufacturing of, complex parts and assemblies. (In other words, if you’re in aerospace, automotive, defense, heavy machinery, high-tech, medical device, or diversified […]
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The effectiveness of your Product Lifecycle Management (PLM) solution and its ability to manage the information associated with the entire lifecycle of a product from conception, through design and manufacture, to service and disposal, can be the difference between costly inefficiency and profitable efficiency. However, the complexity and cost associated with many traditional PLM […]
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Today I’m thrilled to bring you a guest post from Doug Smock, editorial director of GlobalCPO.com and co-author of On-Demand Supply Management and Straight to the Bottom Line.
First I’d like to thank Michael for the invitation to participate in the blogathan. I’ve spent most of the last three years since I left Purchasing magazine writing […]
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During my whirlwind Dallas tour, I met with UGS the day before Siemens publicly announced the acquisition, which took the media world by storm. (See Jason’s UGS and Siemens post, for example.) Not wanting my post to get lost in the shuffle, or confused with yet another analysis of what the […]
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Informance International just released their Enterprise Manufacturing Intelligence Solution for manufacturing companies eager to accelerate improvement initiatives, drive operating strategies, and obtain actionable insight for operational performance.
According to their press release, their EMI solution delivers the top-three critical capabilities required to drive better business decisions:
multi-site performance analysis
enterprise visibility of production financial […]
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A few months ago, CPO Agenda published an article entitled Backing the Brand that stated aligning procurement and supply strategy with brand building and marketing is vital for long term success. A couple of weeks ago, the Frasers/PMAC Newsletter published the article Wising up to Marketing Costs that stated that marketing seems to be […]
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There’s more to sourcing than just acquiring products - a good sourcing plan aligns with your corporate strategy, which, hopefully, should be focused on green products and initiatives. That’s why Aberdeen’s benchmark report on Product Compliance: Protecting the Environment, Protecting Profits (courtesy of Managing Automation) caught my eye.
This report starts off by stating that […]
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A while ago, ZDNet published a short article that described a 10-Step program to SOA Success. What’s neat about this article is that it could have been titled 10-Step Program to Sourcing Success as it is a great primer if you are just entering the world of eSourcing.
Let’s examine the ten steps carefully.
Who’s […]
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I know it’s Saturday, and I know you’re probably expecting me to talk about something along the lines of Flaming Laptops since I usually take the day off from sourcing, but something happened this week that not only cost many large retailers a significant amount of money, but killed someone. If you haven’t figured it […]
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Should cost modeling is the process of determining what a product should cost based upon its component raw material costs, manufacturing costs, production overheads, and reasonable profit margins. Knowing roughly what a product should cost transfers pricing power form a supplier to a purchaser, especially for strategic purchases.
To the best of my knowledge, there […]
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