Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. There are probably other examples in the same light that we can conjure up; spare house keys, an extra pair of eyeglasses, and so on. Prioritize Risk.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

Logistics Viewpoints

SEPTEMBER 19, 2022

Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Then the site also does the kind of purchase order and invoicing collaboration that EDI solutions do. In automotive, the OEM says “jump” and the suppliers asks “how high?”.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logistics Viewpoints

OCTOBER 6, 2021

Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. Many consumers, including myself, become irritated by the sight of empty store shelves where our favorite consumer goods are typically stored. Source: Descartes Datamyne.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Rethink Manufacturing. New Problems Require New Solutions.

Supply Chain Design Software 357

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 357

DynaSys

DECEMBER 17, 2019

Some publications focus on the recycling aspect, others on carbon emissions and others on sustainable sourcing. In this post, I want to describe two ways in which manufacturers may be impacted. Sustainable Sourcing. Chronologically, raw material sourcing is a logical starting point in the circular supply chain discussion.

Manufacturing Procurement 54

Manufacturing Procurement Pharmaceutical Supply Chain Design Software Supply Chain Design 54

Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

SupplyPike

JUNE 15, 2020

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. Consumer packaged goods (CPG) describe merchandise that has to be reloaded frequently, as opposed to items that can be replenished after longer durations. Types of Consumer Goods.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Unleashed

NOVEMBER 15, 2021

We answer these questions, and give you examples of how it works in practice. Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? Those manufacturers who can customise their goods have an advantage over competitors who are only able to produce generic goods.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

AUGUST 7, 2018

For example, for the period of 2010-2016, pharmaceutical company margins averaged 22%. It is 30X more manual effort than in manufacturing-based supply chains. I remember the days of when I first ran a warehouse for a manufacturing company. Source: CNN, [link]. To understand the chart, let me explain the format.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Inventory Reduction 150

Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. So where do you start?

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

Enterra Insights

OCTOBER 5, 2023

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. A circular supply chain does not see the consumer as the end user. Recommendations: Implement robust tracking systems to verify circular input sources and histories.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

Supply Chain Network Software 88

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

Stord

APRIL 11, 2022

Source: Federal Reserve Economic Data ) The reason for the lack of inventory is complex. For example, while consumer goods production recovered from international closures last summer, those goods would not reach the U.S. Potential manufacturing cost savings, since volumes are higher. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

ToolsGroup

AUGUST 20, 2019

For example …. At this major consumer goods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

BlueYonder

NOVEMBER 1, 2022

In a recent panel discussion with Consumer Goods Technology , Conagra Brands shared how its reworked supply chain strategy is helping the brand meet customer expectations, drive internal performance and find consistent results by transforming supply chain planning. Blue Yonder Empowers Manufacturers. 2 at 4 p.m.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Transformation Modeling Real-time Visibility 52

NC State SCRC

NOVEMBER 23, 2021

The current set of supply chain disruptions is being set off by a combination of COVID cases and energy disruptions in manufacturing hubs around the world, labor shortages, lack of capital infrastructure investment, misaligned transportation resources ( a lack of containers, ships, and trucks), and surges in consumer demand.

Resource Reduction 75

Resource Reduction Price Reduction Cost Reduction Strategies Material Savings 75

Enterra Insights

MAY 20, 2022

Supply chain concerns, however, don’t focus solely on the movement of consumer goods. According to supply chain expert Richard Howells ( @howellsrichard ), “To increase resiliency across global supply chains companies will need to rebalance on-shore, near-shore and off-shore strategies for manufacturing locations.”[7]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 130

Enterra Insights

SEPTEMBER 20, 2022

EGIDS is poised to transform the global agriculture and consumer goods value chain. New technologies and management practices will be needed to build resiliency and reliability within a GAVC and Food Security ecosystem of nations, growers, manufacturers, retailers, logistics providers and consumers of all kinds.

Food 130

Food Security Supply Chain Planning Software Ukraine 130

GlobalTranz

APRIL 4, 2016

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. This may include research and development, product manufacturing, product packaging, and shipping processes. The short answer is no.

Manufacturing Procurement 120

Manufacturing Procurement Cost Reduction Strategies Price Reduction United States 120

Kinaxis

NOVEMBER 27, 2015

First of all, the world is becoming more global, and the ability to manage a diversity of manufacturers and suppliers is a source of competitive advantage. As our interviewee and Procurement guru Wael Safwat put it a few months ago , “it’s no longer the organizations that are competing. Why is this?

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

RFgen

FEBRUARY 28, 2023

Raw Material Tracking Traceability from the raw materials stage through the consumer tracking stage enables lean manufacturing and gains in productivity. This involves collecting data on the source of each material, including the country of origin, the supplier, and the conditions under which it was produced.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 52

Taulia

SEPTEMBER 9, 2021

Inventory management is how a business controls and tracks its stock – both raw materials and finished goods. It refers to the entire process of sourcing, manufacturing, storing, and finally selling products and components. What is inventory management? Many companies need inventory in order to make sales.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. Beyond these ‘soft skills’, demand planning requires the ability to analyse data including internal records, manufacturer predictions, consumer trends and behaviours, and market shifts.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Oracle SCM

AUGUST 1, 2018

ROI for collaboration and visibility projects can be defined in many areas of the supply chain, and by way of example (real projects) I can more easily share the value: A large grocery retailer had negotiated complex, long term, vendor managed inventory (VMI) agreements with several consumer goods suppliers.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Logistics Viewpoints

APRIL 29, 2021

The most high-profile example of this is the growing adoption of autonomous mobile robotics (so-called AMRs) and modular micro-fulfillment systems. One practical example of dynamic is AI-based batching and pick path optimization to reduce travel. Inventory and Labor Planning. The Transformation Imperative.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Game Changer

SEPTEMBER 16, 2020

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions. Subscribe Here! Email Address.

Gartner 54

Gartner Pharmaceutical Supply Chain Software Supply Chain 54

BlueYonder

JANUARY 29, 2015

What will be the key trend that changes the manufacturing industry in 2015? Supply Chain Nation asked Simon Ellis, practice director for supply chain strategies at IDC Manufacturing Insights, for his thoughts on what 2015 might hold for the industry. SCN: What should manufacturers do to prepare for and leverage this trend?

Manufacturing Procurement 40

Manufacturing Procurement Manufacturing Trends Supply and Demand 40

RFgen

FEBRUARY 15, 2024

Founded in 1886 with just 14 employees, it now provides global solutions for pharmaceuticals, medical devices, and consumer goods. This shift necessitated the adoption of digital technologies to manage the complex logistics of sourcing materials and delivering products internationally.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Pharmaceutical Supply Chain Strategy 52

Oracle SCM

NOVEMBER 23, 2015

It is a horror that no parent wishes to face – but it is also something that consumer goods companies want to avoid at all costs. The run up to Christmas is, after all, the busiest shopping period of the year and if manufacturers can capitalise on it the rewards are vast. Today companies have a lot more data at their disposal.

Gartner 84

Gartner Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Planning 84

ToolsGroup

AUGUST 20, 2019

For example …. At this major consumer goods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136