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Global Sourcing – Is It Suitable For Your Business?

Oxford College of Procurement and Supply

Global sourcing, overseas buying, international trading? Global sourcing usually attracts procurement professionals and other industry workers due to the perceived saving of money. Global sourcing more often than not delivers a price saving – but at what cost?

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Universal Supply Chain Misconceptions or “Global Sourcing Lies”

ivalua

In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. ABOUT IVALUA .

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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Integration. Today this rarely exists.

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5 Steps Towards Modernizing Supplier Management

ivalua

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Companies are often surprised on how exposed they are to specific sub-tier suppliers that supply multiple immediate suppliers. That ensures accuracy, timeliness and better accessibility regardless of where a user is working.

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ProcureCon Asia, 9th – 11th July 2019, Singapore

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Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.