Supply Chain Matters

JULY 5, 2023

On June 30, word came that UPS provided what was reported as counter proposal “ with significant movement on wages and other economic language.” A reported tweet by the Teamsters Twitter account on Friday indicated that the union was poised to reach a deal no later than July 5, which is today. We sense a similar dynamic.

Procurement Analytics 52

Procurement Analytics Report Supply and Demand North America 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created in the jungles of Latin America. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? in this case, responsible sourcing. It’s created at our suppliers.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Fairmarkit Announces $35.6

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement. South Korea based LG Chem announced this week a planned $3.2 The facility reportedly will supply battery component needs for U.S. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. Recent highlights include: Go-lives across North America, Europe, Asia and the Middle East. PURCHASE ORDER ACCRUALS. Performance Management.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Supply Chain Matters

SEPTEMBER 18, 2023

Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Arkieva

JULY 25, 2016

Continuing growth in ecommerce is fueling a tight market for distribution and fulfillment centers space, either leased, purchased or through a partner, as companies look to expand their networks to meet growing consumer demand for rapid parcel delivery. And CBRE’s most recent report on the U.S. Source: Multichannel Merchant.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Similarly, suppose your company needs to purchase materials or goods within a foreign territory, for example.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

NC State SCRC

JANUARY 25, 2018

(RTi), yesterday, and share thoughts on how should-cost models are being actively used to drive improved visibility into the true costs of resin, paper packaging, and related products. Resin is the most critical cost component in the processors business – ranging from 45 to 85% of the total cost of business.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Negotiate Pricing Price Reduction 40

Enterra Insights

FEBRUARY 9, 2021

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. He explains, “This is all about understanding the risks, opportunities, challenges, and capabilities within the supply chain.”. Why sustainability is important. ”[4].

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

EcoVadis

OCTOBER 17, 2017

million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. It is worth noting that North America has a much higher emission intensity than sub-Saharan Africa, despite Africa being significantly larger and housing more countries. Source: Statista.com. Ethical sourcing of goods. parts per million. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Network

MAY 23, 2012

Nasdaq: ARBA) today announced that SAP’s subsidiary, SAP America, Inc., The acquisition will combine Ariba’s successful buyer-seller collaboration network with SAP’s broad customer base and deep business process expertise to create new models for business-to-business collaboration in the cloud. SAP AG (NYSE: SAP) and Ariba, Inc.

SAP 95

SAP Supply Chain Network Software Supply Chain Planning Software Procurement Analytics 95

Supply Chain Matters

JULY 8, 2022

EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance. The EV auto maker reported quarterly deliveries amounted to 254,695 cars in Q2. That delivery number compared with the 310,048 reported deliveries in the first quarter of this year. Volkswagen.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Requis

MAY 22, 2020

He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

RFgen

MARCH 20, 2023

Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We came up with an action plan of having a MDM Quality Report based on Product-Locations master data, Transportation Lanes & Production Process Models (PPM) master data from APO Production environment.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

Unleashed

AUGUST 28, 2022

Specific aspects of managing inventory include procurement, storage, and utilisation tracking. In 2021, the global demand value in North America for spare parts and consumables relating to maintenance and operations reached over USD 150 billion. Moreover, purchasing teams can leverage bulk orders to get a better price.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

EcoVadis

NOVEMBER 4, 2015

The Peanut Corporation of America Salmonella Scandal. Now more than ever, suppliers have their own suppliers, and it can be difficult to follow the supply chain back all the way in order to manage, let alone identify, the original source. Let’s talk supplier risk management. Trust but verify.”. Of that 55%, Millennials account for 51%.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics United States Purchasing Skills 40

Supply Chain Matters

APRIL 24, 2023

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Thomas , Ontario , upwards of a two hour drive from Detroit.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Supply Chain Matters

MARCH 15, 2023

The global automaker has previously indicated a strategy to establish regionally based EV supply networks to support the major markets of Europe , China , and North America. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America.

North America 52

North America Canada America Material Savings 52

Supply Chain View from the Field

SEPTEMBER 3, 2015

Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers. Insight #4: The BioProducts Sector Benefits a Much Broader Segment of America. Annual reporting. Insight #7: The Federal Government Can Do More in Purchasing Bioproducts.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

Proxima

AUGUST 6, 2019

As an (often manual process driven) enabling function this creates a challenge for Procurement. The table below brings to life the scale of change in corporate America. Many also seek better connections with stakeholders and a change in Procurement’s value proposition. Taking an example…. Top 10 in 2018. Market CAP ($B).

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Company Optimal Sourcing 40

GlobalTranz

AUGUST 7, 2018

Since only 11 Incoterms exist in the Incoterms 2010 ruleset, some companies, as well as purchasers and consumers, may need to know additional information about a product. Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs.

Manufacturing Procurement 164

Manufacturing Procurement Purchasing Skills Supply Chain Software Negotiating Skills 164

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. One recent regulation in America is the ELD mandate.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

EcoVadis

MAY 10, 2019

Following the success of our interview with Shui Mahieu, Sustainable Procurement Manager at Air Liquide , we decided to bring you more profile interviews with CSR professionals from this year’s Sustain. I am now a CSR Manager and work in a team of three people, reporting to Anne-Sophie Fontaine, Director of Corporate Communication and CSR.

Groups 40

Groups Purchasing Training Procurement Analytics Buyer Training 40

QAD

MARCH 5, 2020

The assumption is that for given functions in a company, there is an optimal level of cost vs productivity that is achieved simply by the assignment of a percentage budget cut. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted. Think about what an ERP project requires.

Vendor Strategies 142

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 142