The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.” Figure A shows the projections before the newer spending for defense.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. Subscribe Here! Email Address. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

The automotive and farm equipment manufacturing giant’s Spares Business Unit (SBU) witnessed lost sales revenues due to stockouts and tight working capital as a result of high inventory investment. M&M SBU has been able to increase service levels by 10%, reduce customer response times by 40%, and grow business revenue by 10%. Challenges.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

BlueYonder

FEBRUARY 14, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. Adding to that are component shortages from the automotive industry and industrial manufacturing. At the same time, the companies need to procure items.

Manufacturing Procurement 130

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 130

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. This article was co-written by Cathy Fisher, founder and president of Quistem, LLC.

Supply Chain Planning Software 88

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 88

Supply Chain Game Changer

NOVEMBER 7, 2018

Blog post and permission to publish provided by [link] and article created by trademachines.com. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. This tremendous article provides a great characterization of Amazon and Uber in the Last Mile marketplace. Subscribe Here! Email Address.

Logistics Network Optimization Software 56

Logistics Network Optimization Software Logistics SCM Supply Chain Strategy 56

Logistics Viewpoints

AUGUST 29, 2022

So, the term “Haiphong” when combined in an article with the phrase “port fire” would generate an alert. Semiconductor shortages across multiple tiers of the automotive industry led to huge losses of revenue. One article claims it cost the auto industry hundreds of billions of dollars! Final Thoughts.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

NC State SCRC

JULY 21, 2022

The Sherman Act has been used to prosecute large banks like Citicorp and JP Morgan, pharmaceuticals like Hoffmann-LaRoche and Tari, electronics companies like AU Optronics and LG, automotive companies like Bridgestone, Hitachi Automotive, and Yazaki, and airlines like British Airways and Korean Air Lines.

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

Supply Chain Opz

MAY 28, 2013

The purpose of this article is to introduce readers to Supply Chain Maturity Model so you can use it to determine where you are and what you should do to improve supply chain operations. 2) Procurement Maturity Model. There are lots and lots of procurement professionals who cant really break away from "buy cheapest things" mindset.

Modeling 113

Modeling Modeling Software Agile and Lean Supply Chain Supply Chain Software 113

DynaSys

FEBRUARY 11, 2020

In this article, we will explore the value that Data Science brings to Supply Chain. This includes production planning, procurement planning, and goes all the way up to demand planning. We have carried out several such projects with our customers, particularly in the food and beverage and the automotive industries.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply and Demand Supply Chain Planning Data 96

Resilinc

JANUARY 18, 2021

The automotive industry supply chain, for example, is more closely integrated across the EU and UK than any other industry, according to a spokesperson for the EU Automobile Manufacturers Association. Fortunately, the deal grants a 12-month grace period on some elements of the rules of origin.

Supply Chain Planning Software 62

Supply Chain Planning Software Manufacturing Procurement Supply Chain Strategy Ireland 62

Logistics Bureau

MARCH 3, 2020

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. The Automotive Industry. Most companies are scurrying around trying to find alternative procurement options until the crisis plays itself out.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

ivalua

MARCH 29, 2019

Procurement professionals need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. While profit is of course important, and the procurement goal of cost reduction plays a key role here, “you cannot cut your way to growth” (or ultimate success), as the saying goes.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Procurement Analytics Software 100

EcoVadis

NOVEMBER 30, 2018

For industries such as the automotive sector, for example, supplier-made parts have a big impact on the environment via consumer use. While supplier collaboration can help companies better understand where their ingredients come from and how they are procured, engaging third parties in this kind of mission is not always easy.

Optimal Sourcing 40

Optimal Sourcing Sustainability Manufacturing Procurement Material Savings 40

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Automotive is a perfect example of what not to do in building supply chain value. It was one of the issues of American automotive companies’ demise.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

NC State SCRC

APRIL 4, 2016

Even automotive companies are now nothing more than assemblers, having the majority of their components built by tier 1 and tier 2 suppliers that must come together in assembly. Their story is documented in an article in the Economist which discusses the radical approach being adopted by Tesla.

Manufacturing Procurement 40

Manufacturing Procurement Cost Reduction Strategies Trends Procurement Analytics 40

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ).

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

Logistics Bureau

JULY 27, 2020

The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations. Blockchain in the Automotive Supply Chain. Ford and BMW Among the Early Movers.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 69

NC State SCRC

MARCH 17, 2021

Today’s Wall Street Journal article on the impact of the Texas winter storm on the petrochemical industry highlights many of the challenges that exist with this supply chain, that has been overlooked for perhaps too long. ” Discussions with experts on the Gulf Coast have also shared the challenges faced in this region.

Texas 52

Texas Chemicals Supply Chain Design Software Supply Chain Design 52

ThroughPut

MARCH 23, 2020

where we are leading AI-powered optimization efforts for European supermarkets and automotive OEMs amidst the COVID-19 outbreak, we have witnessed first-hand an unparalleled impact on supply chains from deep in the trenches of operations and data. In my current role at ThroughPut Inc. For example, once my supply of things that I need (i.e.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

where we are leading AI-powered optimization efforts for European supermarkets and automotive OEMs amidst the COVID-19 outbreak, we have witnessed first-hand an unparalleled impact on supply chains from deep in the trenches of operations and data. In my current role at ThroughPut Inc. For example, once my supply of things that I need (i.e.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. This article from Toolbox.com’s 4 other broad uses of advanced analytics for manufacturers : Improving Quality. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Enterra Insights

MAY 6, 2019

Bindiya Vakil ( @BindiyaVakil ), Resilinc CEO, notes, “Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies. 2018 challenged them in new ways, and 2019 is shaping up to present continued uncertainty as long-standing trade relationships are reconfigured.”

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Software 100

Freightos

AUGUST 26, 2015

The newest addition to the scene, the WSJ’s Daily Logistics Report combs through the business and logistics articles published by the WSJ team, providing a daily email at 6am EST with key information. Automotive Logistics. If automotives and logistics are both your niches, you should be reading this. wsjlogistics.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

ivalua

APRIL 26, 2019

We covered day one at Ivalua NOW Paris pretty thoroughly in two previous articles, so now a brief round-up of some day two highlights. Duncan Jones from Forester then presented on “Executing a Successful Procurement Transformation”. The gap is widening between leaders and laggards.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Solutions Supply Chain Network Software Purchasing Skills 150

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. 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

Supply Chain Shaman

AUGUST 11, 2014

We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing. This is challenging work because it is highly dependent on cross-functional collaboration. We look forward to getting your thoughts on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Requis

FEBRUARY 19, 2021

Knut has written a highly regarded book on supply chain (in German) and co-wrote several articles on the impact of COVID-19 on the world’s supply chains, including Resetting Supply Chains for the Next Normal , Supply Chain Recovery in Coronavirus Times—Plan for Now and the Future , and How Great Supply Chain Organizations Work.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Logistics Bureau

NOVEMBER 15, 2018

Your Japanese automotive company supplies customized versions of its cars through its dealers to fans across the world, including European countries. Others, which may have been added over the years in an ad hoc way, include specific applications for procurement, production, packaging, inventory, and transport management.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Cost Reduction Strategies 45

EcoVadis

NOVEMBER 21, 2011

Collaboration will be central to how businesses take on Conflict Minerals, just as it is central for how companies engage in sustainable procurement. – This article was written by Nicole Sherwin, a CSR Analyst at EcoVadis. Photo provided by p4nc0np4n on Creative Commons license. You can follow her on twitter @NicSherwin.

Manufacturing Procurement 40

Manufacturing Procurement Sustainability Supply Chain Software San Francisco 40

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. This adds up to considerable potential for varied and satisfying supply chain careers.

Negotiating Skills 40

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 40

DynaSys

JANUARY 13, 2021

A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient Supply Chain. Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. This is especially viable in a tiered supplier system serving automotive, aerospace, or large industrial concerns.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 61

Infosys Supply Chain Management

JULY 26, 2013

Automotive. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. For instance, if Product-Location has procurement type In-House Production ("E") and if it is missing a corresponding PPDS PPM, then we flagged it as an error code. Very good article Pushkar.

Supply Chain Planning Software 29

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

Infosys Supply Chain Management

JANUARY 21, 2013

Automotive. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Read more on our article in Spend Matters , a global content community dedicated to examining a range of procurement and supply chain issues. Procurement Blog. Contact Us. Infosys Labs.

Logistics Network Optimization Software 24

Logistics Network Optimization Software Supply Chain Planning Software Manufacturing Procurement Agile and Lean Supply Chain 24

Logistics Viewpoints

FEBRUARY 28, 2022

This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype. This division makes automotive spare parts, so the competition was to secure semiconductor chips.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282