Supply Chain Matters

JANUARY 10, 2024

Supply Chain Matters This Week in Supply Chain Tech kicks off our 2024 series with two acquisition announcements related to multiple supply chain providers. In 2021, this column highlighted Blackstone’s acquisition of the company for $1.4 The company is backed by a number of investors and has undergone funding rounds in 2018 and 2021.

Supply Chain Design Software 52

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QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . In the U.S.,

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

Supply Chain Matters

JANUARY 18, 2023

Apple Component Design Shift in Custom Displays Citing sources with knowledge of the matter, Bloomberg reported ( Paid subscription or metered view ) that Apple has plans to begin utilizing custom electronic displays utilizing its own custom in-house development designs. million in 2021. companies was $14.7

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Design Cost Reduction Strategies Manufacturing Procurement 59

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Supply Chain Matters

NOVEMBER 6, 2023

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

QAD

APRIL 4, 2024

Updated: April 4, 2024 Published: July 17, 2021 In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. In essence, today, these are for the most part just part of the normal day to day business of food manufacturing. Why keep a secret?

Beverage 79

Beverage Agile and Lean Supply Chain Supply Chain Planning Software Food 79

Enterra Insights

APRIL 7, 2022

The first quarter of 2021 saw a 42% increase in these kinds of attacks and it’s showing no signs of slowing.” It appears to come from a reliable and safe source but it is not. Machine learning and artificial intelligence are also used for detecting and tracking the active phishing sources.” 3] They include: Malware.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 130

ToolsGroup

OCTOBER 3, 2022

In October 2021, Brian Olsavky, CFO of Amazon, claimed that the company would require 150,000 extra workers to cater to the heightened customer demands during the holiday season. Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

MAY 8, 2024

In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy , which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors. Volvo, which introduced its Volvo VNR Electric model in 2019 and started production in 2021.

Cost Reduction Strategies 234

Cost Reduction Strategies Resource Reduction Sourcing Strategies Strategy 234

Supply Chain Matters

SEPTEMBER 6, 2023

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. That stated, global output levels fell for the third consecutive month.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. million people were in forced labor in 2021, with children accounting for more than 12% of that total.

Procurement Solutions 92

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Supply Chain Matters

MARCH 25, 2024

Existing CEO Dave Calhoun will reportedly be leaving the company at the end of 2024. Deal will be replaced by Stephanie Pope, a 30-year Boeing employee, was appointed to be the commercial aircraft producer’s first appointed Chief Operations Officer as of the start of 2024. They are far reaching in their implication and resolve.

Supply Chain Design Software 52

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Supply Chain Matters

DECEMBER 29, 2023

In 2021, Tesla acquitted a former JC Penny distribution center located in Lathrop, California for the initial production of megapacks. Aggressive Timeline According to Tesla , plans reportedly call for breaking ground for this facility in the first quarter of 2024 with production anticipated to commence in the fourth quarter.

China 52

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 52

Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. Not coincidentally, the company opened its first in-house European manufacturing facility in Budapest in June. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

MAY 24, 2024

Astoundingly, by the end of August 2021, it was Pfizer , in collaboration with BioNTech were the first to secure U.S. Noted is that the effort will be multi-year in nature “ given the complexity in manufacturing and longer lead times required to make changes.” Federal Drug Administration (FDA) approval for a Covid-19 vaccine.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Pharmaceutical Supply Chain Design 52

SCMDOJO

APRIL 15, 2024

Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5 billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

Supply Chain Game Changer

OCTOBER 8, 2020

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future. Digital Supply Chain Predictions.

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. Transiting the Suez Canal from Asian ports is estimated to be 15 percent costlier in 2024. based Alabama and Georgia production facilities.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

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C3 Solutions

JULY 28, 2020

billion connected items, growing to 25 billion by 2021. billion by 2021. The online retailer is moving into bricks-and-mortar stores with its Amazon Go self-checkout concept, and has plans to open 3,000 of the small footprint outlets by 2021. 2] The Internet of Things and the Modern Supply Chain , C3 Solutions, 2016. [3]

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. Roughly 2.5%

Turkey 52

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Unleashed

OCTOBER 25, 2021

And we’re seeing much more interest in whether food and drink is ethically sourced and sustainably produced: 69% of UK consumers now say this is important to them. For beverage manufacturers the question is: How do these trends translate into business opportunities? And how do you manage your beverage business as you adapt?

Beverage 98

Beverage Manufacturing Procurement Manufacturing Forecasting Software 98

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Supply Chain Matters

FEBRUARY 14, 2024

The flexis capabilities are marketed to manufacturers seeking the ability to more flexibly schedule and sequence customer orders on production assembly lines, along with integrating with existing customer order systems for optimizing production dates based on inventory availability, production sequencing needs and transportation schedules.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52

Supply Chain Matters

APRIL 29, 2022

Recently, the online provider’s higher incidents of worker injuries in 2021 came to light. . Regarding the ongoing situation in China , CEO Cook told analysts that almost all of affected contract manufacturing assembly factories have now restarted. Cook declined to estimate when the semiconductor supply constraints might end.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply and Demand 52

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. By 2023 or 2024, we can expect that the concept of responsible supply chains will be integrated into overall “supply chain management” as a normalized best practice.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

QAD

APRIL 6, 2021

Here’s how packaging manufacturing has evolved during the pandemic. The level of complexity in packaging manufacturing has increased rapidly, and in order to manage it, so has the wider use of digital technology. E-commerce in the US is forecasted to reach 24% by 2024. Digital is Here to Stay. There’s no going back.

Manufacturing Procurement 89

Manufacturing Procurement Packaging Predictive Analytics Software Manufacturing 89

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. By 2023 or 2024, we can expect that the concept of responsible supply chains will be integrated into overall “supply chain management” as a normalized best practice.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Logistics Viewpoints

MAY 19, 2023

According to GEP, the April numbers show that while global demand for raw materials, commodities, and components remains subdued, it is much improved from the trough in December 2022, indicating some stability in the face of consistently high interest rates and a global manufacturing sector under intense pressure. has pledged $3.4

Logistics Network Optimization Software 214

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Supply Chain Matters

MARCH 15, 2024

billion acquisition of Cerner in December of 2021 in an all-cash tender offer. Within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), Generative AI capabilities now reportedly support product description generation, supplier recommendations or customized procurement negotiation summaries. Oracle announced the roughly $28.3

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

Vinculum

NOVEMBER 10, 2021

As per the e-market report, digital sales around 6 trillion dollars USD by 2024. The manufacturer is more inclined to support a direct-to-consumer business model to gain momentum from the market. In the conventional method, the product is handed over to wholesalers from the manufacturer to land it to the retailer.

Inventory Reduction 52

Inventory Reduction Manufacturing Procurement Modeling Software Inventory Management Software 52

ToolsGroup

OCTOBER 25, 2022

Say you’re a manufacturer , refining your production and capacity planning. If you’re a manufacturer , have you produced enough? Many companies struggle with this; online out-of-stock notifications during the holiday season increased 256% from 2019 to 2021. across 52 global markets between June 2021 and June 2022.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

MARCH 13, 2023

billion in 2021. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. Reported net operating loss for the fiscal year was $6.8

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

QAD

NOVEMBER 7, 2023

After only 22 percent of companies were found to be compliant with the German National Action Plan in 2020, the German parliament enacted GSCA and voted to make participation mandatory in June 2021. As of January 1, 2024 the law will extend to companies with 1,000 or more employees.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Global 90