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The Gain and Pain of Global Retail Sourcing
The appeal of global sourcing for many industries is certainly understandable, given the potential lower cost benefits, but without careful elimination of all

domestic sourcing  process of identifying appropriate domestic and far- or near-shore suppliers of goods and services—preferably from countries with significantly lower cost bases—and then ordering the goods and arranging for payment and delivery) has thus become a way to go for many. In fact, this has lately become an increasingly important corporate strategy (and often an executive mandate for buying departments) that is rapidly becoming a survival strategy too, in sharp contrast to the stepchild and ugly duckling Read More...
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Documents related to » domestic sourcing


The Intricacies of Global Retail Sourcing
Retailers should aim at curbing traditional firefighting practices in favor of productive planning and collaboration with customers. Retailers must take steps

domestic sourcing  substantially more complex than domestic sourcing, and should not be attempted without adequate technological support and business process controls. Executive global sourcing mandates that are not supported with such tools to execute typically either fail or do not meet expectations. For further discussion, see The Gain and Pain of Global Retail Sourcing . The ideal situation would be for a retailer to establish a collaborative trade platform that offers the tools, content, community, and business Read More...
The Anatomy of Retail Sourcing Processes
The most successful retailers are those that continually focus on driving the very best performance from each of their suppliers, and that work collaboratively

domestic sourcing  (typically not necessary in domestic purchases); currency exchange and interest costs; costs of hiring or training personnel to deal with export-import complexities, and so on. Further, determining the relative costs of manufacture and assembly in different markets can be as complex as comparing landed costs for goods. To that end, some vendors provide tools to help companies uncover the true costs of global sourcing to better manage this new business environment. The most recently unveiled i2 Total Read More...
Web-based Solution Steps Out for Cohesive Retailer Sourcing
TradeStone recently announced the commercial availability of its Unified Buying Engine, a technology platform that should enable user companies to streamline

domestic sourcing  the leader in enabling domestic and international sourcing through a unified buying process. This is a bold strategic initiative to support a single cohesive view and business process for both international and domestic sourcing, for both buyers and sellers, across diverse systems, organizations, and geographies. The idea is that the process should not be separate for buying brands and private-labeled products. To that end, the vendor announced the commercial availability of its Unified Buying Engine , Read More...
Collaborative Sourcing Solution Vendor Leaves No Stone Unturned
By layering across an organization's current infrastructure and building a sourcing system that needs hardly any training, TradeStone users anywhere can sign on

domestic sourcing  (and autistic ) systems for domestic and international buying, and the inability of smaller companies to leverage global buying platforms. Partly owing to the market epiphany of standardized buying practices, and partly owing to the latest service-oriented architecture (SOA) developments, more and more user organizations are seeking to bridge global gaps in their sourcing infrastructure by unifying their international and domestic business practices, and tying them together on a single technology Read More...
Supply Chain in 2013
Everyone waits, as we go to press, to see how domestic political forces will impact the U.S. business climate right from the 2013 get-go. If ever “waiting with

domestic sourcing  press, to see how domestic political forces will impact the U.S. business climate right from the 2013 get-go. If ever “waiting with bated breath” was a relevant turn of phrase, it is probably now. While both the near-term U.S. fiscal policies and the ongoing debt crisis in Europe will strongly influence the outlook for 2013, the further removed we are from the depths of the 2008 recession, the more companies want, and need, to shift from defensive to more offensive market-focused supply chain Read More...
Intentia Presents: An Action Plan for Building a Lean Supply Chain in the Apparel Industry
Lean supply chain management and lean sourcing strategies are relatively new to the apparel industry, generating more talk than broad implementation to date. In

domestic sourcing  Presents: An Action Plan for Building a Lean Supply Chain in the Apparel Industry Lean supply chain management and lean sourcing strategies are relatively new to the apparel industry, generating more talk than broad implementation to date. In this the final paper of our “Lean Is Fashionable” thought leadership series, we define a lean supply chain action plan with five concrete steps for building a collaborative infrastructure between your company and other members of your supply network. Read More...
Chatting with TradeStone Software @ NRF BIG Retail Shows - Part 2
Part 1 of this series introduced the conundrum that retailers (especially those in the areas of fashion and apparel) encounter in the realms of design, sourcing

domestic sourcing  with TradeStone Software @ NRF BIG Retail Shows - Part 2 Part 1 of this series  introduced the conundrum that retailers (especially those in the areas of fashion and apparel) encounter in the realms of design, sourcing, ordering, and delivery of  private label  and branded goods. The article also introduced TradeStone Software and its  merchandise lifecycle management (MLM) solutions  that enable a number of the world's most successful retailers to bring innovative and profitable Read More...
Order Management RFI/RFP Template
Order Promising,Inventory Management,Sourcing,Execution Visibility,Inbound and Assembly Coordination or Multi-site Changing,Shipping and Outbound

domestic sourcing   Read More...
Supplier Relationship Management (SRM) RFI/RFP Template
Design, Sourcing, Procurement, Fulfillment, Manufacturing, Settlement, Utilities, Infrastructure, Product Technology

domestic sourcing   Read More...
Are PLM and Global Sourcing Related? Duh, And How! (Part I)
A number of TEC blog posts have discussed benefits but also the inevitable caveats of white papers (including all too common vendors' self-serving marketing

domestic sourcing  PLM and Global Sourcing Related? Duh, And How! (Part I) A number of TEC blog posts have discussed benefits but also the inevitable caveats of white papers (including all too common vendors' self-serving marketing fluff and buzzword verbiage ), and about their (un)intended audiences . These posts have even caused some heated debates with other blogging sites and experts on white papers , and I am going to stay away from all that here. My intention here is rather to acknowledge that, as part of my daily Read More...
ecFood Approaches Profitability - An Internet Trading Exchange Bright Spot
Focused on the sourcing needs of the food and beverage industry, ecFood has announced $50 million in transactions during the first quarter of 2001 with its

domestic sourcing  Approaches Profitability - An Internet Trading Exchange Bright Spot ecFood Approaches Profitability - An Internet Trading Exchange Bright Spot Featured Author - Olin Thompson - June 14, 2001 Event Summary ecFood (www.ecFood.com) has announced $50 million in transactions for the first quarter of 2001. The quarter's volume continues the upward trend set over the past three quarters. The end of the first quarter also saw the first year's anniversary of providing paid online services to the food and Read More...
Global Trade Applications in Global Credit Crunch - Part II
Part I of this blog series analyzed the appropriateness of global sourcing and spend management applications for helping companies improve their cash flows and

domestic sourcing  impacts to global gross domestic product (GDP) and the level of foreign trade during an anticipated recession, GTM solutions will perform better than other software and large infrastructure projects in the medium term. The ERP Giants’ Threat? In my opinion, the GTM vendors’ futures are as cloudy as anyone else's.  In the near term, their businesses will likely suffer too, especially since manufacturing is swinging back to the US for some commodities due to freight costs and because global Read More...
HR Executive’s Guide to Web 2.0: Cracking the Code for Talent Management
This report is a roadmap for understanding the uses of Web 2.0 tools across the employment lifecycle. From sourcing to offboarding, these tools are providing

domestic sourcing  Executive’s Guide to Web 2.0: Cracking the Code for Talent Management This report is a roadmap for understanding the uses of Web 2.0 tools across the employment lifecycle. From sourcing to offboarding, these tools are providing value for organizations that have adopted them effectively. Discover which Web 2.0 tools are most commonly used, which elements of talent management they are applied to, and the supporting capabilities that generate a positive return on investment (ROI) in them. Read More...
One Vendor's Quest to Garner a Global Sourcing Ecosystem
Having started as a business-to-business integration provider for a few major retailers in the United Kingdom, Eqos has evolved into a full-fledged, worldwide

domestic sourcing  Vendor's Quest to Garner a Global Sourcing Ecosystem Many articles by TEC and other sources have depicted in great detail not only the opportunities of global sourcing for retailers and their manufacturer suppliers, but the potential perils as well. There has indeed been much talk about globalization and its effects these days on business, and there is no doubt that competing corporations are increasingly butting heads in the global playing field. Yet competing in supply networks that cross borders Read More...
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