GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. The keyword here is fast.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

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Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. So, let’s break down how to improve cash flow in a manufacturing business and look at the various cash flow challenges faced by manufacturers around the world. In other words, it leaves you with no cash to spend until they pay.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. Where usually all beer manufactured in Singapore is made using imported raw materials, this model of brewing would completely eliminate that need for beer making imports.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

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Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain professionals must also know how they will be shipping freight. Supply chain professionals must also know how they will be shipping freight. Download white paper.

Manufacturing Procurement 166

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Logistics Viewpoints

FEBRUARY 9, 2024

But sometimes, branding has to take a back seat to sustainability. The reasons are many: sustainability, cost savings, delivery efficiency and a better customer experience (for both of Amazon’s customers — the end consumer and its third-party sellers). and Canada. Bureau of Labor Statistics.

Logistics Network Optimization Software 214

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AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. trillion opportunity.

Optimal Sourcing 156

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Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us! It is believed that it is only a matter of time before legislation is implemented to ban the manufacture and use of plastic pallets.

Material Savings 246

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GlobalTranz

JANUARY 12, 2015

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Optimal Sourcing Price Reduction 120

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? And it can be fixed.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 94

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The Logistics & Supply Chain Management Society

MARCH 16, 2021

China fully shutdown its manufacturing output during this phase affecting consumers globally. Manufacturing Planning. Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Recovery Imperatives: Phase II.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

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Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces.

Logistics Network Optimization Software 263

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CHAINalytics

APRIL 21, 2021

Freight transportation and its resulting carbon emissions have come sharply into focus as companies progress towards environmental sustainability. A CPG company with worthy environmental goals brought in Chainalytics to help dramatically reduce the emissions of their distribution network.

Manufacturing Procurement 92

Manufacturing Procurement Optimal Sourcing Sustainability Procurement 92

Zipline Logistics

OCTOBER 27, 2020

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Shoppers now want to purchase from brands that are congruent with their personal values. And sustainability has become a standout issue for many US consumers.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

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Supply Chain Matters

MAY 20, 2022

There is now an urgent need for manufacturers, retailers and logistics services providers to be able to address added efficiency, ensure needed flexibility in supply chain execution processes while simultaneously ratcheted-up supply chain sustainability efforts.

Sourcing Strategies 97

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Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

The Logistics & Supply Chain Management Society

MARCH 21, 2023

The mind-set challenge for all businesses today is to recognize the following: That commuter and business travel miles are a significant source of planet damaging green house gas emissions. Only early industrialization made set hours for work a standard for efficient manufacturing.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Our fossil fuel-driven logistics systems have been working the earth hard, and there is just as much need for actions to mitigate the wear and tear that is being done and to ensure our home planet can continue to sustain us. Beyond Your Own Emissions. Better yet, these could include your less efficient competitors!

Supply Chain Planning Software 227

Supply Chain Planning Software Iceland Supply Chain Software Procurement Solutions 227

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

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Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Unilever is one of the world’s largest food manufacturers. Now, Oracle Transportation Management (OTM) allows cost and sustainability to be traded off. Rich Kroes, Vice President of Global Sustainability at Oracle. That is more than any other sector.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

Turvo

SEPTEMBER 16, 2021

What’s in this Sustainable Supply Chain article : The problem of carbon emissions and waste derived from supply chains. Seven ways Turvo helps build a more sustainable supply chain for third-party logistics providers (3PLs), shippers of raw materials and finished goods, and their end customers. greenhouse gas (GHG) emissions in 2018.”.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Unleashed

APRIL 28, 2024

In this week’s edition of The Backorder: Talent shortage threatens US manufacturing growth Success secrets from the CEO of a recycled homewares brand 5 tips for negotiating better supplier contracts Job opportunities from Hasbro, Shake Shack, and more Not subscribed to The Backorder? “ReBorn is Giving Materials New Life.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Manufacturing Procurement Buyer Training 52

Logility

MARCH 29, 2022

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. It’s time for a digital, sustainable supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Logistics Viewpoints

AUGUST 29, 2022

For AGCO, a public company with over $11 billion in revenues, a supply chain risk management application helped the agricultural equipment manufacturer stay agile during COVID. Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability.

Risk Management 194

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

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Manufacturing supply.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Logistics Viewpoints

DECEMBER 13, 2021

Sustained climate change could lead to a world in which almost all firms perform worse. We therefore consider both governance and sustainability issues and publish clear expectations of companies in the portfolio.”. Are manufacturers engaged in tradeoffs where they are accepting higher costs to reduce emissions?

Cost Reduction Strategies 188

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Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. Lessons learned since the pandemic are the key to surviving new challenges.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Raw materials, parts and services are currently all running through supply chains and manufacturing processes and emitting GHGs. Arcstone sells digital systems to optimize manufacturing. The different stages of manufacturing are broken down into the steps taken in the factory in what they call their “workflow builder” module.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246