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Transforming the Automotive Supply Chain: It’s Time to Be Brave

BlueYonder

The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain. In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation.

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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers.

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Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. What Is a Forecast Anyway? A forecast is not a forecast. Bear with me.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

With LeanDNA, manufacturers in industries that include aerospace, industrial, automotive, and medical know they will get the right part in the right place at the right time. LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

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Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

10% increase in both forecast accuracy and revenue. 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. 15% decrease in inventory. 10% increase in service levels. Improved productivity.

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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

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? Designed to maximize the efficiency of capital, the success of JIT hinges on highly accurate demand forecasting and seamless coordination with supplier partners.