Shane Deale

🔍 Ever feel like you're buried in the details of supply chain sourcing, quoting, and procurement? Let CalcuQuote handle the heavy lifting so you can zero in on what matters — like finding that “golden screw” and nailing the perfect pricing. Hear what our customers Benjamin LeClair from S and Y Industries, Inc. says: “It does so much for you with its APIs… bringing it all to you so that you get to focus on things that are most important, on getting the pricing right.” 🚀 Ready to unlock your strategy potential? Discover how CalcuQuote can streamline your quoting game. https://hubs.li/Q02wwjns0

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We are only as productive as that of our vendors and customers.  https://lnkd.in/gVbfwAcV #supplychains #supplychainmanagement #operations #manufacturing #logistics #Boeing #production #customers #vendors #inventory #productivity #demand #orders #business #Boeing

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Is it possible to have a 'single source of truth' for all of your supplier data? The answer remains yes. This guiding principle remains a worthwhile goal for operational excellence! If you need to go to multiple places for supplier information, this adds complexity, weight and chances of error to your processes. However, the 'how' is changing. 𝗧𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝘀𝘄𝗲𝗿 to this problem aimed to have your ERP as the 'single source of truth', updating other systems with vendor information as required. The issue is that these other systems increasingly required information that couldn't be maintained in ERP without expensive development (e.g. information on prospective suppliers). This was mostly driven by the advent of Source-to-Pay suites. 𝗧𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝘀𝘄𝗲𝗿 therefore aimed to have all your supplier data in the supplier management module of the Source-to-Pay suite. The issue is that, once again, the market is evolving faster than what the S2P suites are able to support. Pure play solutions for risk, diversity and sustainability information needs to be integrated to a central vendor master. Integration and visibility into up and downstream supply chain information is required as well... S2P suites are having a tough time innovating fast enough IMO. 𝗧𝗵𝗲 𝘁𝗵𝗶𝗿𝗱 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝘀𝘄𝗲𝗿 is to have a dedicated, flexible, extendable and configurable tool to centrally manage ALL supplier data (call it what you want: a Supplier Relationship Management tool, a Vendor Master Data Governance Tool, etc.) or a S2P suite module that fulfills this promise. In big business (enterprise) this is a problem right now. If you've acquired different pure play solutions to get more insights into vendors, you're now feeling the pain of not having them integrated to your 'unique vendor master'. For SMBs, as the pure play tools become more affordable and barriers to entry fall, these firms will want to acquire them as well to "vote with their dollars" (diversity, sustainability, etc.) and manage risk. Having a good 'single source of truth' and explicit IT architecture strategy is the key to mastering your supplier data in these times of data and application explosion. Solution flexibility and 'openness' (e.g. configurable/extendable APIs) is key. Do you agree? What's missing from my analysis? Let me know in the comments 👇 ________ If you liked this, consider subscribing to my newsletter. You’ll learn how Procurement Technology can serve you instead of the other way around. Join 1,300+ Procurement professionals: https://lnkd.in/esxrxiC3

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Recent supply chain news... Purpose-built intelligent applications are redefining MRO and indirect materials management, marking a significant departure from traditional approaches. Read more here: https://lnkd.in/dAUN2sNb #supplychain #businesstransformation #businesssolutions #partnerwithwg #supplychainai

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Wondering how supplier intelligence can enhance your operations? Unsure what best-in-class supplier performance looks like? ⚡ 72% state that supplier performance data has unlocked improvements in supply resilience. ⚡ 100% of high performers state that supplier performance data is driving a high or extreme impact on efficiency We are sharing the findings of our recent research with ProcureTech, and diving into what the survey results mean for the state of supplier intelligence. Our CEO & Founder Malin Schmidt and Head of Product Laura Chavarria will join Lance Younger (ProcureTech), Rory Lamont FCIPS (CPO, Siemens Mobility), and Daniel G. Wilson (Head of Indirect Procurement, Philips). During the session, we will discuss: ✨ Supplier intelligence best practices ✨ Procurement’s top supplier performance priorities ✨ The weaknesses holding supplier management initiatives back Register here 👉 https://lnkd.in/gGEE9DAk See you there! #ProcureTech #KodiakHub #Procurement #CPO #DigitaLeaders #SupplierIntelligence #SupplierPerformance

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Jabil's culture is people-focused, and that extends to how we work with our #SupplyChain partners. Frank McKay, Jabil's SVP and chief supply chain and #procurement officer, puts it best: treat suppliers like customers. "You have to make investments in your supplier network if you want to be successful," Frank says. "The old days of ‘I have to win, and you have to lose’ are gone." Hear more insights from Frank on how supply chain leaders can navigate disruptions and gain a competitive advantage in a new episode of the Art of Procurement podcast.

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Jabil's culture is people-focused, and that extends to how we work with our #SupplyChain partners. Frank McKay, Jabil's SVP and chief supply chain and #procurement officer, puts it best: treat suppliers like customers. "You have to make investments in your supplier network if you want to be successful," Frank says. "The old days of ‘I have to win, and you have to lose’ are gone." Hear more insights from Frank on how supply chain leaders can navigate disruptions and gain a competitive advantage in a new episode of the Art of Procurement podcast.

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Jabil's culture is people-focused, and that extends to how we work with our #SupplyChain partners. Frank McKay, Jabil's SVP and chief supply chain and #procurement officer, puts it best: treat suppliers like customers. "You have to make investments in your supplier network if you want to be successful," Frank says. "The old days of ‘I have to win, and you have to lose’ are gone." Hear more insights from Frank on how supply chain leaders can navigate disruptions and gain a competitive advantage in a new episode of the Art of Procurement podcast.

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Join us in Episode #190 of Leaders in Supply Chain and Logistics featuring Frank Mckay, Chief Supply Chain and Procurement Officer at Jabil as he shares more about, "Cost Reduction, Supplier Relationships and Innovation." Hosted by Radu Palamariu. Some of the highlights of the episode: ▶️ Key inflection points where certain decisions or experiences significantly impacted trajectory ▶️ Major challenges currently facing supply chain executives and how Jabil is addressing these challenges ▶️ Principles or case studies that highlight how Jabil approaches and improves supplier relationships ▶️ How Jabil has successfully transformed its supply chain from a cost center into a profit center ▶️ How Jabil been attracting and building new organizational capabilities to adapt to transformations ▶️ Advice for younger professionals who aspire to become chief supply chain or procurement officers Listen to the full episode here. https://lnkd.in/euNcyE-k --- ⦿ Partner with us in recruiting top executive talent in the value chain, technology, and logistics space. ⦿ Be at the forefront of relevant tech trends to drive change in supply chain & logistics with Supplify. #AlcottGlobal #LeadersInSupplyChain #Podcast #SupplyChain #Career

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The electronic components supply chain is evolving post-pandemic and semiconductor shortage. To avoid future disruptions, industry players are revisiting strategies. Challenges like lack of diversity, JIT manufacturing over-reliance, and unfavorable contracts need addressing. It can be difficult for companies to manage these challenges independently, especially when it requires various tools and strategies. There is a way organizations can overcome these problems in one fell swoop.💡 Partnering with a global electronic components distributor like Sourceability can help OEMs, CMs, and EMS providers combat supply chain challenges in any industry. Contact our experts to learn more: https://hubs.li/Q02wVbHR0 #Sourceability #semiconductors #supplychainchallenges #digitaldistributors

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Onshoring, Reshoring or Nearshoring becomes focus for US Procurement....."It has become quite obvious that the U.S. manufacturing sector is growing, and that the [related] job environment is positive right now," says Rosemary Coates, executive director at the Reshoring Institute, whilst according to Vikram Dhawan, SVP, product management F&RS at Dun & Bradstreet, reduced logistics costs, lower customs and transportation fees, and reduced carbon footprints are some of the key drivers of the current onshoring trend. Plus, when suppliers are in closer proximity, companies get more timely and accurate delivery of goods, faster speed to market, and enhanced customer service.

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Golden Rules of Supply Chain Management September 17, 2020 1:40 pm Golden Rules of Supply Chain Management Featured Image There’s nothing like a pandemic to point out the shortcomings in supply chain systems. But the silver lining for the industry, if it’s even appropriate to use such a term at this time, is that the strain this situation has put on businesses big and small has made us rethink what we can do to stay viable in a world were masks and border security are increasing concerns. Professor Richard Wilding OBE of Cranfield School of Management would want to share with us some rules that, even though they might generally apply to supply chain management, are finding their confirmation even in the ways businesses have responded to the pandemic. He calls the rules golden, and he invites you to add a couple of your own. Know How You Create Value You can’t have an effective supply chain until you understand how you create value. A supply chain strategy is very much tasked with delivering the value you create, so there’s no sense in figuring it out before you have all the relevant information about what you’ll be delivering. And then, it’s important to structure the supply chain strategy in such a way that it reinforces the value creation process. But first, let’s figure out value creation. Ask a marketer or a salesperson about value, and they’ll start talking about what their customers want. The starting point has to be the thing your customers’ values. If those two don’t align, you’re doing something very wrong. From there, you form a value proposition. You need to find a way to communicate the value to the market. Next, you scout the market for insights that might help you thrive on it. Finally, you should then start planning the delivery. That whole chain is the value creation process, and you should be familiar with every step along the way — regardless of the size of your business. Understand Your Capabilities When we’re talking about important rules, we shouldn’t be surprised that some of them are simple to the point of being obvious. Understanding your capabilities is one of those rules. Its premise is that a business, any business, should have a good understanding of everything that it does and the context that it works in. An example would be a brewery that’s capable of having alcoholic beverages. They can take an ingredient, and through a series of processes turn it into spirits. Then, they’re capable of packaging those spirits and getting them in front of a paying customer. That business could, then, have the agility to apply its capabilities in different ways. They can stop making spirits, for example, and reorient towards beverages with no alcohol content. Or they can, as many have during the current pandemic, decide to focus on producing 70% alcohol, an in-demand commodity. That’s the sort of thing a business can do if it knows what technologies it uses for which processes.

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Be WISE in Your Purchases: Enhance Your Infrastructure with Wise Components, Inc. Are you a project manager, purchasing agent, commodity manager, or just someone seeking reliable and quality materials for your factory floor or network infrastructure? Look no further than Wise Components, your trusted partner since 1975. Why Choose Wise Components? For nearly five decades, Wise Components has been committed to providing quality materials on time and defect-free. Our key benefits include: 😎 Unmatched Reliability: Trust and dependability you can count on. 😎 Expert People and Processes: Our ISO 9001 2015 certification and long-tenure employees ensure meticulous attention to detail. 😎 Specialized Products for Your Needs Wise Components offers a wide range of products to keep your operations running smoothly: 😎 Commodity Managers: Keep your factory floors efficient with our varied inventory. 😎 Contractors: Enhance your infrastructure with our layer one products, including structured cabling, category cable, fiber cable, and other essential materials for data rooms, data centers, or telephone rooms. Our customers have rated us a 9.8 out of 10 📈 in our annual survey, reflecting our dedication to exceptional service. Our Legacy of Excellence From our origins on Westchester Avenue in the Bronx in the 1950s to our global reach today, Wise Components has continuously evolved to meet the needs of our customers. We've supported groundbreaking projects like the IBM Research Center's first local area network and continue to deliver unmatched service and "Made in America" products worldwide. Take Action Today Be WISE when making purchases to support your factory floor or network infrastructure. Visit our website to explore our offerings and contact us for quality materials you can rely on. 👉 Visit us now at wisecomponents.com The solutions you want, Service you can depend on. #IndustrialSupply #NetworkInfrastructure #QualityMaterials #ProjectManagement #WiseComponents #ProfessionalService #ISO9001 If you want to stay up-to-date with us, follow our Page.

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Have you caught the recent episode of the Art of Procurement podcast? Frank McKay, SVP and chief #SupplyChain and #procurement officer, analyzes the results of Jabil's 2024 Supply Chain Resilience Survey and shares how leaders can elevate their impact amidst disruptions. Check it out! 🎧

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