Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s. Advantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Global automotive component supplier Meritor is a great example. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Stay Flexible.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Supply Chain Matters

MAY 31, 2022

This is especially the case among certain global automotive companies dealing with a host of supply chain disruption and ongoing semiconductor device shortages. In this posting we provide two recent examples of turnover among senior supply chain leadership that occurred n days of one another. . Rivian Automotive. Thus far, $13.7

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

The Network Effect

AUGUST 21, 2015

Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. If you’d like to know more on this and related subjects, I recommend you read the new Automotive Inbound Supply Best Practices whitepaper. Today I want to discuss inbound logistics requirements.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. Both Business Network CNBC and The Wall Street Journal , cited data from Cox Automotive indicating that sales of new vehicles in the U.S.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

GlobalTranz

JULY 28, 2021

Carrier procurement and management processes to handle initial vetting and qualification through ongoing management with carrier scorecards to ensure freight cost reductions occur, which are key benefits to working with a company like GlobalTranz that has 50,000+ carriers active within its system.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Movement

JUNE 22, 2023

The once-mighty conglomerate General Electric, built up by industrial icon Jack Welch, is being subdivided into three distinct companies, for example, because the various corporate structures, business models and supply chains have become so complex that there is no longer any synergy to be gained.

Trends 78

Trends Manufacturing Procurement Gartner United Kingdom 78

QAD

FEBRUARY 20, 2024

From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry. Then there is the procurement of replacement materials / inventory. But what about the avoidable examples such as inaccurate purchasing, poor shipping procedures and supplier underperformance?

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

DELMIA Quintiq

JUNE 5, 2023

Digital Twin Value is Available, and Varied The panel shared examples on the use of digital twins to provide value in companies ranging from an international fragrance retailer, a construction equipment company, a company that develops data centers, a steel company, and a line builder focused on commissioning industrial robots.

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Resilinc

JANUARY 25, 2021

Resilinc’s EventWatch AI began alerting customers in October about a likely chip shortage and the impact it would have across the high-tech and automotive industries over the coming months. They’re essential to functions from touch-screen controls to collision avoidance systems.

Automotive 62

Automotive Manufacturing Procurement Industrial Industry 62

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

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. Identifying Long Lead Times to Drive Accurate Forecasts.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

EcoVadis

OCTOBER 12, 2016

Anti-competitive practices remain a peripheral CSR issue for most companies , particularly in the context of sustainable procurement. Moving beyond compliance: Sustainable Procurement. Indeed, suppliers involved in cartel activity should be viewed with skepticism in any partnership or procurement negotiation.

Negotiate Pricing 40

Negotiate Pricing Sustainability Procurement Negotiating Skills 40

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. S upply chains around the world that have been most heavily impacted include high-tech , pharmaceutical and automotive industries. Corona v irus could wreck the global auto industry.’.

Supply Chain Network Software 88

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Global 88

Supply Chain Shaman

JUNE 29, 2022

The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most. For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days. Figure A shows the projections before the newer spending for defense. .”

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

QAD

AUGUST 12, 2021

Consider a few examples: In the beginning of 2021, Apple announced executive bonus modifications based on environmental values. We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

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. For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days. 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

BlueYonder

FEBRUARY 14, 2023

We have been working with, for example, a door manufacturer that has the kits and the components. Adding to that are component shortages from the automotive industry and industrial manufacturing. At the same time, the companies need to procure items. Product configuration is another significant area. Sunil: Exactly.

Manufacturing Procurement 127

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 127

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 Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. Single sourcing is the result of a very conscious decision usually made by the Procurement or Purchasing department.

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

DynaSys

FEBRUARY 11, 2020

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

For example, retailers in Ireland—part of the EU—learned in the first days of 2021 that goods made in Ireland but shipped to and from their UK-based distribution centers are taxed when they re-enter Ireland. 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

JDA software

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. Let’s take a closer look at each of these key areas. Network design.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

ModusLink Corporation

NOVEMBER 18, 2021

Green supply chain history: The origin of Supply Chain Management can be dated back to the early 20th with Henry Ford who vertically integrates the automotive supply chain and organizational practices. A great example would be today’s prominence of climate change. Why go green?

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Logistics Viewpoints

AUGUST 29, 2022

Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability. For example, a manufacturer might have a supplier in Hanoi they purchase key components from. Semiconductor shortages across multiple tiers of the automotive industry led to huge losses of revenue.

Risk Management 194

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

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

Supply Chain Game Changer

OCTOBER 6, 2022

The automotive industry is renowned for having the envious Just-in-time business model at work. Deloitte states that the automotive industry lost sales of $210 billion in 2021 alone due to chip shortages. Another very high profile example involves the recent shortage of Baby Formula. How could this be?

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

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. “ I scratch my head.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

Supply Chain Matters

AUGUST 30, 2023

This prediction pointed to three specific industry sectors, namely automotive, alternative energy including solar, wind, and battery, high tech including semiconductor production, transitioning to three spheres of global regionalization over a five year horizon. import share in auto parts, glass, iron and steel products.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

SupplyOn

FEBRUARY 14, 2019

Companies in the automotive and logistics industries have begun implementing these approaches with the technological options available today. The successful digitization of industry-specific procurement strategies is making massive progress and continues to serve as a role model and benchmark for other industries.

Automotive 8

Automotive Logistics Network Optimization Software Industrial Industry 8

The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

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

Procurement Academy

AUGUST 15, 2022

Toyota is an example of a company that has excelled in supplier management, giving them a competitive edge that enabled them to transform from a small regional manufacturer into the largest automotive company in the world. Address any roadblocks. It’s essential to discuss any potential barriers with your suppliers.

Vendor Strategies 52

Vendor Strategies Price Reduction Price Mitigation Strategies Optimal Sourcing 52