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Sourcing & Procurement

WEBCAST
By SCMR Staff · June 20, 2017
You've negotiated a contract with your supplier, signed the deal, and then what? In this webinar, procurement expert Mark Trowbridge will explore 10 places where additional value can be found in a company's highest-value provider relationships throughout the supply chain - AFTER the contract has been signed.
By Stephanie Grothe · May 1, 2014
Getting the most from Sales and Operations Planning is a combination of people, processes, and technology. The Red Wing Shoe Company details the steps it took to improve S&OP processes, slash its S&OP planning efforts by 50 percent, and align manufacturing with sales—all while growing its business.
By John Blascovich, Alejandro Ferrer, and Bill Markham · November 8, 2011
The latest Assessment of Excellence in Procurement (AEP) study from A.T. Kearney confirms procurement’s power to drive real money to the bottom line and value to the top line. Among the leaders who do this best, seven characteristics stand out.
By Dr. Joseph R. Carter, Dr. Phillip L. Carter and Harold E. Fearon · November 8, 2011
This article explains how leading companies are engaging in innovation from a unique perspective — that of their suppliers. The research examines the strategies and approaches that should be put in place to accelerate and realize supplier innovations that lead to competitive advantage.
By Erica Plambeck and Lyn Denend · September 13, 2011
In 2007, SCMR featured an article on Walmart’s burgeoning sustainability program, focusing on eight specific initiatives being undertaken at the company. Four years later, the author of that article, Erica Plambeck of Stanford, and colleague Lyn Denend revisit those initiatives to assess what Walmart has accomplished to date—and what still needs to be done.
By Joydeep Ganguly, Alasdair Shepherd, Esther Alegria, Rob Ciamarra and Rob Handfield · May 2, 2011
The management team at Biogen Idec knew they had to transform the supply chain to cope with increasing volume and complexity at this biotech company. Beginning with a detailed gap analysis, they launched a comprehensive transformation program that addressed factors as varied as vendor continuity and purchase order processing times, drawing from sourcing best practices. The overhaul to date has proved to be a resounding success.
By Robert Monczka, John Blascovich, Leslie Parker and Tom Slaight · March 14, 2011
The ongoing pressure to cut sourcing and procurement costs is certainly understandable. But simply saving money on external spend will no longer be enough to survive, let alone prosper, in the years ahead. What’s needed instead is a new, longer-term approach that closely links supply management with business strategies. We call this breakthrough technique Value Focused Supply.
By J. Paul Dittmann, David K. Ecklund, Daniel J. Flint, Diane Mollenkopf, Matthew B. Myers, Theodore P. Stank, and Wendy L. Tate · February 11, 2011
The following educators from the University of Tennessee-Knoxville College of Business Administration contributed to this report: J. Paul Dittmann, David K. Ecklund, Daniel J. Flint, Diane Mollenkopf, Matthew B. Myers, Theodore P. Stank, and Wendy L. Tate.
By Patrick Burnson · February 1, 2011
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, has announced the availability of “Trendspotting,” the latest in the company’s line of intelligence applications for sourcing teams.
<p>This “Back to Basics” series from the faculty at the University of Tennessee will help supply chain professionals master the “basic” fundamentals - but within the context of the broader supply chain process.</p> By Clive A Purchase · January 24, 2011
“Back to Basics” is a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee, one of the foremost schools in supply chain education - This is a 'must-read' for all supply chain and logistics professionals.
<p><i>Supply Chain Management Review</i> introduces a new series called “Back to Basics.”  It’s a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee. <i>Pictured: Matthew B. Myers, the Nestlé Professor and head of the Department of Marketing and Logistics at the University of Tennessee-Knoxville</i></p> By Matthew Myers · November 12, 2010
Part 7 in our series on "Back to Basics - "The Many Benefits of Supply Chain Collaboration." This article explains how Supply Chain Collaboration benefits extend beyond improved efficiency and effectiveness to include helping all the supply chain members meet customer demands, grow markets, and increase competitive market share.
<p><i>Supply Chain Management Review</i> introduces a new series called “Back to Basics.”  It’s a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee. <i>Pictured: Daniel J. Flint, The Proffitt’s, Inc. Associate Professor of Marketing, University of Tennessee.</i></p> By Daniel Flint · November 8, 2010
Part 6 in our seven-part series on "Back to Basics - Managing The Basic Supply Chain Functions." The Service Side of Supply Chain Management - Service traditionally has been viewed as part of the market offering. However, by thinking of supply chain management services in this way, we are focusing on service as a noun, we need to think of service as a verb. This concept is known as service dominant logic.
By Chris Ahn, Ricardo Ruiz-Huidobro, Kumar Venkataraman and Michael Hu · November 1, 2010
The pressure to cut costs—and do it fast—shows no signs of letting up anytime soon. Not surprisingly, that pressure is often felt most intensely by the organization’s supply management professionals. But how best to respond to the challenge of sourcing under time pressure and achieving the desired cost-reduction results? The guidelines offered here can help answer that critical question.
<p><i>Supply Chain Management Review</i> introduces a new series called “Back to Basics.”  It’s a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee. <i>Pictured: Dr. Diane Mollenkopf, McCormick Associate Professor of Logistics, The University of Tennessee.</i></p> By DAMollenkopf · October 29, 2010
Part 5 in our series on "Back to Basics - Managing The Basic Supply Chain Functions."Effective Returns Management in an Integrated Supply Chain." Returns management should no longer be the ugly step-child of the supply chain. Rather, effective returns management can improve a firm’s profitability, enhance customer relationships, and be an essential part of an integrated supply chain management strategy.

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Third Party Risk: Too Close for Comfort
You’ve got a handle on many of the potential supply chain "disrupters" that can paralyze your business. But the real risk is embedded in areas you may have overlooked.
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From the September-October 2017
Additive manufacturing and 3D printing promise to simplify manufacturing, reduce inventories, and streamline operations. But, to determine when and how to apply additive manufacturing, organizations need a decision model that assesses it’s market strategy, supply chain performance, and complexity.
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Latest Webcast
The Perfect Formula for Determining the Right Amount of Inventory
This webcast explains how the science of theoretical minimums, a new approach to inventory optimization, provides a simple and elegant way to reduce cost and increase customer service levels by monetizing time delays across the extended supply chain.
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EDITORS' PICKS
Supply Chains in Advanced Markets Should Become More Agile, Says Atradius
Higher inflation, falling unemployment, and strengthening Purchasing Manager Indices all suggest...
Trade Trends Report Confirms E-Commerce Urgency
Because trade policies remain fluid, shippers must have the information needed to be flexible and...

Supply Chain Digitization of Ocean Cargo Gateways Examined by chainPORT
The chainPORT initiative is led by the Ports of Los Angeles and Hamburg Port Authority in Germany,...
Procurement Still Falls Behind in Digitized Supply Chains, Says Accenture
“The digital revolution has largely overlooked procurement,” says Accenture.