Post de DC Global Sourcing

🤝 Collaboration is key to supply chain success! Did you know that companies with strong collaborative practices can improve efficiency by up to 20%? However, 45% still rely on manual processes, hampering teamwork and visibility. Our latest white paper reveals how to foster collaboration across your supply chain. Don’t miss out on the insights that can transform your operations! 📈 🇺🇸: https://lnkd.in/dHSmgAbA 🇫🇷: https://lnkd.in/dgNy23KD

Philip Ideson recently shared a mind blowing stat from a conversation he had with a McKinsey leader (pulled from one of his posts): 🤯 McKinsey has seen a 50 percent increase in spend under management by buyers over the past five years. At the same time, they anticipate that the size of the typical procurement team will be reduced by 25-50 percent. 🤯 Guess who wins in this scenario? SUPPLIERS. All business transactions entail some level of continuous “joust” over actual costs with suppliers—this is a fundamental and healthy element of functioning markets, and engagement in this joust is an essential element of category management. In 2025, however, procurement departments simply aren’t adequately resourced to engage in the joust, and suppliers have taken notice, devising myriad strategies for eroding procurement’s efforts and growing their own margins. How can procurement departments overcome this acute vulnerability and regain lost leverage?

New year, same mission 🎉 As we move into 2025, focusing on building a stronger and more sustainable supply chain couldn't be more important. This year offers an opportunity to refine processes, enhance transparency, and build stronger supplier relationships. Staying ahead in 2025 means reinforcing these foundations while adapting to evolving regulations and market expectations, what supply chain initiative or goals is your company prioritising this year? 🤔 For more information on how we can help your business visit https://loom.ly/6pE9mrA #Achilles #NewYear #SupplyChain

Discover the 3 BIG TRENDS shaping the supply chain environment for CPG companies. Find out what you need to know now to be prepared.

🚨Navigating the Pitfalls of Sourcing in China🚨 China's manufacturing offers a compelling combination of quality, scale, cost-effectiveness, skilled workforce, advanced technologies, vast industrial capabilities, and a well-developed infrastructure. The country's manufacturing prowess empowers businesses to source high-quality goods while maintaining a competitive price. However, foreign companies sourcing goods from Chinese suppliers often encounter a precarious reality, receiving a golden sample, only to later be delivered a bad or nonexistent product. We had clients who, prior to partnering with us, had to scrap an entire container of subpar steel products that failed to meet critical standards or received bags of sand instead of the promised goods. These scenarios exemplify the harsh realities many businesses face when sourcing abroad, particularly in China. While China remains attractive when it comes to pricing and, when properly managed, quality, ensuring reliability while operating overseas is a persistent challenge. The reality is that being abroad makes it easier for factories, or "factories," to engage in deceptive practices. This is why partnering with Liya Solutions solves this issue for companies without a local presence. Our unwavering commitment to safeguarding your interests hinges on a comprehensive approach to mitigating these risks. We take every step to assure the legitimacy of our manufacturing partners and the integrity of their production processes. Our meticulous oversight spans factory inspections, production monitoring, and rigorous scrutiny of every shipment, ensuring that the golden sample you approve mirrors the final product you receive! #LiyaSolutions #ChinaManufacturing #QualityAssurance

Before Logistics team unrealistic expectations towards the Supply Chain Manager in assisting logistics teams to meet the delivery deadline. We must be three things like this: 1.Improve communication and collaboration between supply chain teams and other departments. 2.Invest in technology to improve visibility and traceability of the supply chain. 3.Develop contingency plans to mitigate the impact of disruptions.

🚚 Framework for Supply Chain Decisions: Navigating Complexity for Better Results 📦 In today’s fast-paced business environment, supply chain management is more complex than ever. Organizations are faced with an array of decisions, from sourcing raw materials to delivering finished goods. To stay competitive and efficient, it is crucial to have a structured framework for making informed supply chain decisions. Here is a high-level approach to help guide these decisions: 1️⃣ Define Business Objectives & Priorities Before diving into any decisions, understand your core business goals. Are you prioritizing cost reduction, speed, flexibility, or customer service? A clear understanding of these priorities will align your supply chain strategy with overarching business objectives. 2️⃣ Data-Driven Decision Making Leverage the power of data! Modern tools and technologies, such as predictive analytics and machine learning, can offer valuable insights into demand forecasting, inventory management, and route optimization. Use this data to make proactive decisions and mitigate risks. 3️⃣ Supply Chain Network Design Analyze the geographic locations of suppliers, distribution centers, and customers. A well-designed supply chain network can improve efficiency, reduce transportation costs, and improve lead times. 4️⃣ Supplier Relationship Management (SRM) Build strong, collaborative relationships with key suppliers. Transparent communication and shared risk management strategies lead to a more resilient supply chain. 5️⃣ Risk Management Supply chains are vulnerable to disruptions (e.g., natural disasters, geopolitical factors, and global pandemics). Implementing strategies like multi-sourcing, nearshoring, and diversifying suppliers helps mitigate potential risks. 6️⃣ Sustainability & Ethical Considerations More than ever, sustainability and ethical sourcing are at the forefront of supply chain decisions. Adopt practices that minimize environmental impact, ensure fair labor practices, and promote social responsibility. 7️⃣ Continuous Monitoring & Optimization Supply chain dynamics are constantly changing. Regularly assess performance using KPIs like lead times, inventory turnover, and customer satisfaction to identify opportunities for optimization. Conclusion By following a robust decision-making framework, companies can improve efficiency, reduce costs, and build a more resilient, responsive supply chain. 🌍 The future of supply chain management lies in agility, data, and collaboration. Let us embrace these strategies and navigate the complexities of our globalized world! 💬 How do you approach supply chain decisions in your organization, and which factor do you believe is the most critical for success? Share your thoughts below! #SupplyChain #Logistics #BusinessStrategy #Operations #DataDriven #RiskManagement #Sustainability #SupplyChainOptimization

Supply Chain vs Logistics . . . . . Let's deep dive into the ways Supply Chain and Logistics are similar and different. Hang tight, this will be like comparing apples and oranges... or should I say, apples and apple pies! 🍎🥧 Similarities: 📌 Shared Goals: Both are driven by the same objective: getting the right product to the right place at the right time! Just like how our apple needs to ripen perfectly for the pie. 🍏🎯 📌 Cost Efficiency: Both logistics and supply chain aim for cost efficiency. Whether you’re buying the apple for your pie or baking the pie itself, you want the best value for your money! 💸💡 Differences: 📌 Range: Logistics is a part of the supply chain and focuses on the storage and transportation aspects. If we think about the journey of our apple pie, logistics is about getting the apple and the pie to their destinations, while the supply chain includes making the pie itself! 🚛🥧 📌 Complexity: The supply chain encompasses everything from sourcing raw materials (like picking the perfect apple 🍏) to manufacturing (baking the pie 🥧) to delivering the final product (serving the pie 😋). Logistics, however, is one piece of this complex pie! So you see, while they share some key goals and principles, Logistics and Supply Chain each have their unique characteristics and tasks! 😊🚀 What else would you add here? Let me know your thoughts 💭 ——— 👍🏽Follow Christopher A. Saavedra Tam for more content like this. ♻️Share with colleagues and friends. 💡Let me know which other topics you would like to discuss. #logistics #supplychain #maritimeindustry #supplychainmanagement #projectmanagment #finance

Exciting News! The Critical Manufacturing (CM) Sector Gray Market Fact Sheet and Supply Chain Gray Market Fact Sheet are now live. These Counterfeit Fact Sheets share guidance and best practices to be used to identify and avoid gray market inputs and products in the supply chain. Now available in Spanish and French! Read more here: https://go.dhs.gov/odU

Tim Cook reveals Apple's reasons for manufacturing in #China 🐉 Listen, is not what you may think 👇 "The reason is because of the skill, the quantity of skill in one location, and the type of skill it is," "really advanced tooling and the precision that you have to have in tooling and working with the materials that we do are state of the art." "And the tooling skill is very deep here. You know, in the US, you could have a meeting of tooling engineers, and I am not sure we could fill the room. In China, you could fill multiple football fields. It's that vocational expertise is very, very deep here" Tim Cook, CEO of Apple — Your Thoughts?