Remove Manufacturing Remove Regulations Remove Sourcing Remove Strategic Sourcing
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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5 Advantages of Overseas Manufacturing

SourcX

More and more companies are realizing the draw of manufacturing overseas, often in low cost countries. Keeping costs down throughout the manufacturing process allows them to increase profit margins, and many low cost countries offer a wide selection of experienced potential suppliers and advanced manufacturing facilities.

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Five Factors Transforming the Life Sciences Supply Chain and Creating IT Opportunities | Blog

Everest Group

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

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Life Sciences Supply Chain Visibility: A Strong Link in the Chain | Blog

Everest Group

Manufacturers and trading partners are required to encode their products with unique identifiers on the individual packages and track products at the unit level by November 2023. Use Cases : Addressing drug serialization and aggregation, strategic sourcing, fleet tracking, drug e-labelling, artwork management, and API tracking.

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Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tier 1 suppliers are the most significant in terms of supply chain setup, they can also represent direct suppliers to the end customer or original equipment manufacturers (OEMs). Download Free Copy.

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Supply Chain Decisions: Skills and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. The strategic level addresses the big picture and general decisions. How to report and analyze indirect spend to identify savings opportunities. Written by.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Or, they made you may be trying to stay ahead of increasingly strict regulations. Excelling in DSG reduces transition risk by helping organizations stay ahead of changes in regulation and stakeholder sentiment.