The growing roll of IT in the supply chain cannot be understated and will help companies to adapt quicker when economic conditions change, according to the chief executive of FedEx.
Fred Smith introduced express package delivery to the world 35 years ago at FedEx and has stated his belief in an interview with the Financial Times that supply chain management’s increased visibility in today’s business climate can only benefit firms.
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Posted by Rick Ankrum
The Defense Department is mulling a change in the way it acquires and manages services, going from a largely reactive process to what DOD officials describe as a strategic, enterprisewide approach.
No Comments » | Strategic Sourcing, Supply Chain | Permalink
Posted by Rick Ankrum
Date: December 13th Time: 11am Eastern Time / 8am Pacific Time
Hear from Brian St. Andre of Northrop Grumman as he explains how they achieved 17% cost savings and captured hundreds of millions of dollars of services spending through an iterative roll out. Next, Mickey North Rizza, Research Director at AMR Research, will discuss overall market trends for services procurement noting how organizations are now expanding their contract labor management programs to achieve further cost savings and optimization by capturing control of all service categories such as legal, field, and marketing services.
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Posted by Rick Ankrum
Thursday November 16, 11:49 am ET
System integration for Fortune 500 Mexico/U.S. business units spawns ground- floor implementation in China; robust follow-on projects drive expanding international footprint; November conference in Amsterdam concludes series of global presentations with Institute of Business Forecasting PITTSBURGH, Nov. 16 /PRNewswire/ — Executives at Plan4Demand Solutions Inc., a consulting services firm specializing in supply chain management business processes and technologies, today announced the start of the company’s first full-scale lifecycle implementation/integration project in mainland China.
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Posted by Rick Ankrum
More U.S. buyers are doing business with Mexican suppliers as part of a global total-cost strategy.
By David Hannon
Purchasing
November 16, 2006
The global sourcing boom has put Asia and Eastern Europe in the spotlight recently. But buyers polled say the increasing logistics costs and risk management strategies are leading them back to where they started global sourcing: Mexico.
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Posted by Rick Ankrum
NTN Buzztime Hires Strategic Sourcing Partner to Implement Expense Reduction Strategies
Thursday November 16, 1:22 pm ET
Profit Recovery Partners, LLC to Assist in Reducing Company Expenditures
CARLSBAD, Calif., Nov. 16 /PRNewswire/ — NTN Buzztime, Inc. (Amex: NTN - News), a leading developer and distributor of Play Along TV® entertainment and technology, announced today that Profit Recovery Partners, LLC (PRP) has been retained to assist in reducing spend levels for products and services consumed by the company.
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Posted by Rick Ankrum
By Staff
Purchasing
November 2, 2006
A recent survey of global chief procurement officers found the most significant business driver for 2007 is compliance to contracts and improved visibility of spend with suppliers. The survey was conducted by Capgemini, asking CPOs at major firms in six different countries what their priorities were for 2007. The results show CPOs are very focused on supplier relationship management systems. Many businesses have SRM systems in place, but are not leveraging the processes to their maximum.
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Posted by Rick Ankrum
Written by: David Drickhamer
11/14/2006
Key results areas determine key metrics and measures, as well as key performance indicators.
Defining supply chain measures starts with identifying key result areas (KRAs) where performance has a significant impact on organizational success, says Dr. Edward Marien, professor emeritus at the University of Wisconsin. These KRAs are further defined with specific metrics. For on-time delivery, for example, the metric might be customer delivery within plus or minus 30 minutes of the promised delivery time.
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Posted by Rick Ankrum
