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Supply chain video: If you want to re-negotiate the terms with suppliers, the moment is now!
in Supplychainer, on July 5, 2009
If you're looking for cost reduction or get better prices in your supply base, the moment is now. This is the main message in this part of the presentation by Professor Rob Hanfield. Typcally the options which company have in front of them include the following:
- Discuss the payment terms
- O...
China's supply chain challenge: Mitigating supply risk
in Supplychainer, on July 5, 2009
...t BCG in Chicago and global leader of the firm's operations practice. "The key is to bring suppliers up to your standards. Given the potential cost advantages of 10% to 30% that China sourcin...
Supply chain video: Preparing for the worst, managing supplier risk in the downturn (Part 3)
in Supplychainer, on July 5, 2009
... Robert touches upon issues such as early retirement policies, cash issues and synchronization with suppliers; Generally speaking, he doesn't consider early retirement a great strategy in this eco...
How can a supply chain react to unexpected events (similar to Michael Jackson's death)?
in Supplychainer, on July 5, 2009
...d using such techniques more than a decade ago and benefited a lot from using it.
- Diversifying suppliers: Using different suppliers in different countries helps us to scale up and down easier an...
Supply chain video: Preparing for the worst, managing supplier risk in the downturn (Part 2)
in Supplychainer, on June 30, 2009
... for companies' supply chains because of this: In such situations, there is more chance of your suppliers going bankrupt and you will suddonly end up with immediate procurement risk. So what shoul...
Could This be the Future of Outsourcing?
in The Outsourcing Weblog, on June 9, 2009
...ect the one that offers the best price and terms.
There are some real potential benefits for both suppliers and customers. First, customers could take comfort in the fact that they're getting the...
Eve Sperling Jewelry 2009
in The Jewelry Weblog, on June 3, 2009
...ous Gem Resources , alongside her father, Jack Abraham, who is one of the world's most renowned suppliers of gemstone quality rubies, sapphires and emeralds.
Yellow Gold Paisley Pendant
16...
What the GM bankruptcy means
in Sox First, on June 1, 2009
... companies, having business ties with GM and companies in its group. And in the US, dealerships and suppliers will feel the aftershock. GM says it plans to reduce its network of 6000 dealerships to as...
Supply chain video: Supply chain scorecard
in Supplychainer, on May 31, 2009
...wever, I came across another new one which is becoming mainstream among Electric companes and their suppliers in the U.S. and is called "Supply Chain Scorecard".
It's a way to create a...
Amgad Jewelry
in The Jewelry Weblog, on May 28, 2009
... some of the rarest natural color diamonds in the world, Amgad is one of the world's foremost suppliers of natural color diamonds. With a reputation for quality and service spanning over 40 year...
Sony to reduce the number of suppliers to half
in Supplychainer, on May 23, 2009
...lectronics company, to cut supply chain costs.
According to Kenji, the tech giant has about 2,500 suppliers, but will reduce that number to 1,200 by March 2011. This effort in to achieve company'...
Speed Sourcing - An Over-Reaction to Long Procurement Cycles?
in The Outsourcing Weblog, on May 19, 2009
... failing to close will create more "face loosing" on the customer side. Keeping multiple suppliers in the deal process - as legitimate bidders - as long as possible can prevent this shift of...
Supply chain video: SCM at Home Depot
in Supplychainer, on May 15, 2009
...e a series of courses and gatherings with the main goal of communication between Home Depot and its suppliers. They can harmonize their terminology, share knowledge and come up with solutions for thei...
Dayton RFID Convergence Center: World’s First Business Incubator for Start Ups
in The RFID Weblog, on May 13, 2009
...around 150 entrepreneurs every year who in turn will be supporting over a thousand vendors, suppliers and workers and as the center is still under constriction you will have to wait until July to star...
Bankrupt Chrysler's $134 million advertising budget
in Sox First, on May 13, 2009
...to the hands of a bankruptcy judge, Chrysler is idling plants and shutting them down, pushing its suppliers closer to the edge of bankruptcy. How then do we explain the automaker still having an ad...
A Hippocratic oath for managers
in Sox First, on May 8, 2009
...ancial returns to investors, but also professional development for employees, value for clients and suppliers, new technologies, efficient use of limited natural resources, etc. It must recognize the ...
Healthcare Suppliers Honored at MedAssets Healthcare Business Event
in Supplychainer, on April 30, 2009
... MedAssets last week recognized its top MedAssets Supply Chain Systems suppliers for leading the way in making healthcare more affordable through competitive contracts and innovative Group Buy solu...
S&OP in high tech companies should incorporates measures of risk
in Supplychainer, on April 30, 2009
...are now more concerned about maintaining the integrity of their pipeline. "The failure of some suppliers in China has become an issue," he said. "And having the low-wage option is not s...
Celestica receives a supply chain award
in Supplychainer, on April 15, 2009
...s issues to positively impact company performance.
Celestica, which works with approximately 5,000 suppliers worldwide, has leveraged E2open's multi-enterprise, SaaS-based solution to help synchr...
Renegotiating in Down Times
in Biz Plan Hacks, on April 11, 2009
...itely be revisited - from rents on your facilities to wages and benefits. You can renegotiate with suppliers and you can renegotiate with creditors.
Jones' story gives some insights as to how...
How popular performance based supply chain contracts are?
in Supplychainer, on April 9, 2009
...formance-based contract. What does it mean?
Previously, the Department of Defense would ask their suppliers to open their books and basically report to the Department of Defense how much money they ...
10 secrets of the downturn leader
in Sox First, on April 9, 2009
...s more often, spending more time managing board and investor relations and talking to customers and suppliers, striking the right balance between keeping your best staff and managing your payroll cost...
Apple's Plans to Keep Next iPhone Quiet Foiled
in The Mobile Technology Weblog, on April 8, 2009
...
Taiwanese handset component suppliers have started shipping parts for the successor to the Apple iPhone 3G possibly launching in June.
Apple has been just pounded by persistent rumors of new ha...
Strategies for improving retail supply chain
in Supplychainer, on March 31, 2009
...es:
1. Share your POS data.
If you're not already sharing your POS customer data with your suppliers, it's time to start. Doing so can help you improve merchandise distribution and sell-t...
Asetek appoints new supply chain lead
in Supplychainer, on March 29, 2009
...uild a highly efficient supply chain as we ramp volume with our Chinese manufacturing partners and suppliers. Alex brings the key skills we need to assure that our supply chain can meet the expectatio...
Supply chain video: Supply chain in the future (Part 2)
in Supplychainer, on March 15, 2009
...f becoming and remaining compliant in the countries they are operating but also the countries their suppliers are operating.
...
Eqos launches new version of its software oriented at private label management
in Supplychainer, on March 14, 2009
...ams to better prioritize tasks, more intelligently review responses, and broadcast notifications to suppliers, thereby decreasing the time and effort spent on daily sourcing and supplier activities.
-...
Oracle launches new SaaS Sourcing solution
in Supplychainer, on March 13, 2009
...hether an RFP, RFQ, or other sourcing process is needed; compile contract terms; notify and qualify suppliers; establish prices and discounts and conduct multi-round negotiations; and aggregate and aw...
The key themes in the supply chain of tomorrow
in Supplychainer, on March 8, 2009
... are trickling toward Main Street, 'factors' - the companies that offer financing to retail suppliers - are cutting the amount of credit available in transactions involving the weakest retaile...
New emerging risks of the Chinese supply chains
in Supplychainer, on March 8, 2009
...r Europe should be careful about continuity of their supply flow and the money they have with their suppliers:
"Adding to the problem is that many owners of small businesses in China are runni...
GM - too big to fail?
in Sox First, on March 7, 2009
... to close their doors and that will flow through to other companies that get their parts from those suppliers. We are talking here about millions of jobs and if they go, that could well trigger a glob...
GM death watch
in Sox First, on March 6, 2009
... auto industry would be massive, affecting everyone including car hire companies, dealers and parts suppliers. This will affect jobs everywhere....
Married to the Job: A very cool supply chain comdey!
in Supplychainer, on March 5, 2009
...n. From time to time funny things happen in respect to inventory, forecasting and relationship with suppliers and that's what the episodes are all about.
You can visit the website here . I ...
Supply chain video: Managing Supply Chain in a Tough Economy (Part 3)
in Supplychainer, on February 28, 2009
...e use of a tool developed internally, the bank analyzes the credit worthiness of companies and fund suppliers' receivables in 15 days instead of 60 days which is now common. This product has taken...
Supply chain video: Managing Supply Chain in a Tough Economy (Part 2)
in Supplychainer, on February 28, 2009
...the level of training. However, on the supply base few companies were having discussions with their suppliers to see what are their problems and financial challenges and find solutions to maintain a s...
Microsoft Has a Big Year Ahead Of Them
in The Gadgets Weblog, on February 26, 2009
...the OS that is currently in open beta. If this is true, then the holiday season may be good for PC suppliers and software manufacturers.
Second, for Windows Mobile 7 and Office 14, Microsoft tough gu...
Supply chain video: Managing Supply Chain in a Tough Economy (Part 1)
in Supplychainer, on February 22, 2009
...ownturn.
He highlights some important points like:
- We are in this mess together with our suppliers and buyers so we should work together on this and not alone.
- We should take a step back...
Simple process to identify critical suppliers
in Supplychainer, on February 19, 2009
...e as a basis for his arguments and mentions that you have to gather different set of data from your suppliers in order to assess the risk. This data range from financial data to operational data and o...
GM and Chrysler's begging bowl
in Sox First, on February 18, 2009
...every lost auto job takes 10 more jobs down with it as the impact flows through the system, hurting suppliers, dealers, restaurants, shopping malls and other businesses.
...
How to combat recession with operations
in Supplychainer, on February 14, 2009
...ness from the rear-view mirror" all too often there are nasty surprises.
Secret #6. Ask Your Suppliers For Advice: : Suppliers are very likely an untapped resource full of valuable business ad...
Inovis takes supply chain to social networking boundaries
in Supplychainer, on February 14, 2009
... a new product "Social Network" which creates secure online communities for retailers and suppliers to communicate and exchange organization and contact information.
According to Market Wat...
Compliance and Outsourcing
in The Outsourcing Weblog, on February 11, 2009
...t to multiple layers of approvals and incremental costs.
In outsourced or offshored relationships, suppliers are asked to meet all applicable regulations and mitigate risk at all times, an effort tha...
FlightTrack Pro
in Wandalust, on February 10, 2009
...ation Programming Interface) for sharing travel itinerary information among travel websites, travel suppliers, travel agents and related travel services.
"We've had interest from the develop...
PrimeRevenue Receives Best Supply Chain Finance Company Award
in Supplychainer, on February 9, 2009
...atch."
PrimeRevenue provides a web-based Supply Chain Finance Platform that connects Buyers, Suppliers, and selected Financial Institutions in a collaborative approach to working capital manage...
A Conversation with Larry Guevel of Unisys
in The Outsourcing Weblog, on January 29, 2009
...el suggested that governance issues often arise from a divergence of interest between customers and suppliers at the outset, with customers stressing stability and suppliers seeking quick transition t...
Schneider National gets best supplier award from P&G
in Supplychainer, on January 28, 2009
... Schneider National was among 61 suppliers out of an 80,000-strong network to receive top honors at the Procter & Gamble supplier conference in mid-October in Cincinnati, SDCE reported.
Sch...
Supply chain video: Visibility and Deployment Options (2)
in Supplychainer, on January 23, 2009
...which have been the drivers behind visibility. One is the change in the terms of the contracts with suppliers: Since more than 10 years ago, companies have moved towards performance based contracts wi...
Climate change chain of command
in Sox First, on January 5, 2009
...nts to the survey considered themselves to be proficient at working the supply chain to ensure that suppliers were energy efficient, and just over a quarter considered themselves to be successful at c...
Toyota and Honda revising JIT methods to avoid future crisis problems
in Supplychainer, on January 1, 2009
...General Motors or Chrysler might not succeed in their restructuring plans has led to fear that many suppliers might be crippled or bankrupted as a result.
Toyota and Honda produce many vehicles in No...
Supply chain risk trends for 2009
in Supplychainer, on December 30, 2008
...to identify and support their key partners and reduce the number of potential "weak link" suppliers.
Volatility in energy, commodity, labor rates and currency exchange. Companies need to...
Paper Invitations Going Out of Style?
in White Lace Wedding, on December 29, 2008
... be a thing of the past. While this is good for the planet, it's not so good for the stationary suppliers. Or for those of us who still appreciate the occasional hand-written note....
IP infringement is the new risk category in SCM
in Supplychainer, on December 29, 2008
...f getting new projects:
- The solution providers for design and manufacturing collaborations with suppliers
- The consulting firms which provide auditing services and supplier selection in countries...
A plane supply chain is complex....
in Supplychainer, on December 28, 2008
...reamliner project delays. The once claimed innovative approach for plane design (collaboration with suppliers) which was supposed to deliver the products faster to the market is now struggling with th...
Adaptix Sues Sprint/Clearwire Over WiMax Patents
in The Wireless Weblog, on December 24, 2008
...;s impossible to evaluate the validity of these claims, since nobody outside of Clearwire and their suppliers is fully aware of precisely how their hardware and software stack operate," notes Ar...
XP loyalists receive more breathing room
in The CIO Weblog, on December 23, 2008
...ility date. The company had set January 31, 2009 as the last date on which XP would be available to suppliers and OEMs, that date being an extension of the previous June 2008 deadline, which itself wa...
Some considerations for spend analysis initiatives
in Supplychainer, on December 15, 2008
...rong/old data in their systems which don't reflect the reality; analysis of procurement data or suppliers if based on such data could be misleading.
Therefore, in parallel with spend analysis ef...
Close to 1 million bankruptcies in the US, and climbing
in Sox First, on December 14, 2008
...Chrysler going bust. That would set off a cascade of failures further down the food chain with many suppliers going out of business. Which is why the US Government is now considering using money fro...
When supply chain makes two enemies good friends
in Supplychainer, on December 10, 2008
... 3 in the U.S., they don't like to see their failure. The reason is simple: Because many of the suppliers for automakers are the same and if one of them goes down, at least in the short term the e...
How to solve the problem of competing with private label products?
in Supplychainer, on November 29, 2008
... as many of the generic tactics are already being practiced by companies, e.g.:
- Negotiation with suppliers to reduce cost
- Consolidate suppliers
- Use cheaper materials by Low Cost Country Sourcin...
Iowa City to build Wind Energy Supply Chain Campus
in Supplychainer, on November 29, 2008
... Iowa City wants to create a "wind energy supply chain" campus to connect suppliers with assembly plants like Acciona, West Branch Times reported. The Iowa City Area Development Group a...
CPG supply chains: What are they doing?
in Supplychainer, on November 23, 2008
...involves customers as well as industry partners; companies are starting to work with customers and suppliers on design elements. This accelerates new product introductions and reduces problems includ...
Automakers heading nowhere
in Sox First, on November 19, 2008
...odel. "Any bailout has its downsides. But if America loses its auto industry, it will lose the suppliers as well and will cease to have a manufacturing sector. For years no-think economists have ...
Nintendo's challenge in this year's Wii forecast
in Supplychainer, on November 16, 2008
...nd Wii supply chain (You can read the post here ) mentioning some of the problems of the Wii's suppliers in scaling up and down and responding effectively to market demands. This caused the mothe...
GM: Death or bailout?
in Sox First, on November 12, 2008
...elp with their "liquidity", in order to avoid the "systemic" risk to carmakers, suppliers and retailers. The use of banking's buzz words may be emotive, but GM's problems a...
E&HT supply chain should become like apparel supply chains...
in Supplychainer, on October 24, 2008
... City closing 150 stores in the U.S. to escape bankruptcy. The question is: What will happen to the suppliers of Circuit City which have already committed purchase of raw materials and components?
He...
Manhattan Associates becomes leader in the Russian market
in Supplychainer, on October 18, 2008
...e strength of the partnership it enjoys with Korus Consulting , a systems integrator to retailers, suppliers and distributors in Russia and the Commonwealth of Independent States (CIS). Korus and Man...
Supply chain video: Forrester expert discusses best practices in Vendor Management
in Supplychainer, on October 12, 2008
...and pricing. However, the most successful VMOs have cracked the code on vendor governance - tiering suppliers, building executive relationships, and reviewing vendor performance systematically beyond ...
Nike still struggles with its supply chain problems in China
in Supplychainer, on September 30, 2008
...most of the problem are related to the quality of the products and processes offered by the Chinese suppliers.
More than 150 incidents has been discovered where the workers have been below the legal...
Supply chain video: Interview with Haldex VP of Logistics (B)
in Supplychainer, on September 29, 2008
...ue in China and thinks for many of the Haldex customers such as passenger car industry, the Chinese suppliers are not the best option.
...
Supply chain video: Interview with Haldex VP of Logistics
in Supplychainer, on September 22, 2008
...y. One of the interesting points I saw in this video was the case of buying components from Chinese suppliers as FOB vs. receiving it in the U.S. or Europe. In despite of the common perception, compan...
