Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Optimal Sourcing 130

Talking Logistics

APRIL 13, 2020

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing? appeared first on Talking Logistics with Adrian Gonzalez. I’ve been getting asked that question a lot these days.

Manufacturing Procurement 199

Manufacturing Procurement Manufacturing United States China 199

Logistics Viewpoints

SEPTEMBER 13, 2021

There has been much commentary about global supply chains not being resilient enough. One culprit, it is argued, is global supply chains being too lean. Since then, manufacturers around the world have embraced lean. If disruptions to a global supply chain occur, this can result in a company being unable to meet demand.

Manufacturing Procurement 162

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 162

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Supply Chain Matters

APRIL 22, 2024

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Vietnam Visit Cook’s Vietnam visit was headlined by local and global media as pledging to buy or produce additional product components in that country.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Logistics Viewpoints

FEBRUARY 2, 2024

And now on to this week’s logistics news. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Talking Logistics

JULY 14, 2021

Outsourced manufacturing is the norm today, often involving thousands of suppliers and sites scattered around the globe. Direct procurement departments — those responsible for purchasing materials and components for end products — are tasked with more responsibilities than ever.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Purchasing Skills 130

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Logistics Viewpoints

SEPTEMBER 29, 2021

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.

Sourcing Strategies 203

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 203

Enterra Insights

JUNE 1, 2022

According to a 2021 Google Cloud report , 76% of manufacturers have turned to digital enablers and disruptive technologies such as data analytics, cloud, and AI due to the COVID-19 pandemic. The global manufacturing industry is ground zero for this environment. Using AI to navigate unknown variables.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 130

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

SYSPRO Smarter ERP

MARCH 31, 2022

Global supply chains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Responding to global disruptions.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. United States Two indices of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. The trade war is now part of the “new normal,” and this has created a global ripple effect. Postponement.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

AUGUST 22, 2023

I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? Why is this shift such a big deal?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. United States.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

DELMIA Quintiq

MAY 21, 2020

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. These individuals are ultimately helping to turn the tide in the global pandemic. Doing more with less is more critical in manufacturing than ever. Here are a few of them: 1. Perform Energy Audits Regularly. In 2018, the U.S.

Manufacturing Procurement 199

Manufacturing Procurement Material Savings Sustainability Sourcing Strategies 199

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. That stated, the reported 49.6 but represented 0.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. Big data The use of big data is increasing in manufacturing. Breaking it down In the U.S.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

SYSPRO Smarter ERP

MARCH 27, 2023

The term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. The belief in globalization is also now being challenged. The old supply chains relied on the fact that manufacturers trusted suppliers’ lead times, costs, and quality.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

Logistics Viewpoints

APRIL 5, 2024

And now on to this week’s logistics news. This announcement comes on the heels of Blue Yonder’s acquisition of flexis AG, offering factory planning, sequencing and slotting capabilities, and Doddle, offering returns management and reverse logistics solutions. and Canada.

Logistics Network Optimization Software 233

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 233

Logility

AUGUST 12, 2021

For example, shoppers had limited access to fresh produce, meats, and fish due to shortages and disruptions in logistics and delivery services. The key to creating an effective market-driven demand plan so that food manufacturers can build resilience is access to rich forecasts based on inputs from multiple sources.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising. Unrest in Sudan.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

NOVEMBER 17, 2023

And now on to this week’s logistics news. Supply chain problems, towering global demands for weapons and the need to work with allies to get it all done means that the America First movement should wait. The post This Week in Logistics News (November 11 – 17) appeared first on Logistics Viewpoints.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Sourcing Strategies Logistics San Antonio 221

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Matters

JANUARY 6, 2023

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. This posting serves as a side panel to the start of our multi-part unveiling of our individual 2023 predictions for industry and global supply chains.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Taiwan 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

SYSPRO Smarter ERP

OCTOBER 18, 2021

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. We know that the manufacturing industry is the engine of economic growth and social impact. The pressure to confront climate change.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Price Reduction 130

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Logistics Viewpoints

FEBRUARY 20, 2024

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

Sourcing Strategies 227

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 227

Supply Chain Matters

DECEMBER 13, 2023

Supply Chain Matters highlights unfolding developments pointing to actions toward positioning India as a secondary global hub of Apple iPhone production. Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Supply Chain Matters

JUNE 9, 2023

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. That would include alternatives to China under the umbrella of China Plus sourcing. We pointed out that in 2022, more U.S. billion in September.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Enterra Insights

MAY 12, 2022

The future of globalization remains a bit of a mystery. Despite overwhelming evidence that globalization has improved the world’s economic fortunes — and raised millions out of poverty — it has been aggressively attacked by many in the west as jobs and manufacturing moved overseas. Deglobalization.

Global 130

Global Manufacturing Procurement Cost Reduction Strategies Price Reduction 130