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

Supply Chain Matters

APRIL 5, 2024

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

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

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

Supply Chain Game Changer

APRIL 28, 2020

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean.

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

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. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

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

Logility

APRIL 20, 2022

Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. Developing Diverse, Resilient Sourcing Strateg ies. Feeling overwhelmed? You’re not alone.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The Link between Procurement and Purchasing.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

QAD

MARCH 23, 2023

From toilet paper to bed sheets, fresh food items to cleaning products; the consumer packaged goods (CPG) industry has changed and will continue to do so. Today, the choice for CPG manufacturers and supply chains is clear: future-proof with digital manufacturing technologies that can meet the customer where they are or be left behind.

Manufacturing Procurement 95

Manufacturing Procurement Manufacturing Agile and Lean Supply Chain Purchasing Skills 95

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Supply Chain Shaman

FEBRUARY 2, 2024

It is time to bring Manufacturers, Retailers, and Distributors together with Technology Providers in order to better understand the issues and generate ideas to help build the “network of networks.” Brand owner to contract manufacturer or third-party logistics provider to a retailer.) Industry Held Hostage by ERP Upgrades.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Third Party Logistics 195

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

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. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

SYSPRO Smarter ERP

MARCH 31, 2022

This also includes delays in local manufacturing as well as inflationary pressures due to escalating costs because of the increased fuel prices – increases are already at 10% and shipping is about 30%. Industries such as high-tech electronics and semiconductors, and rare earth minerals are highly susceptible to unpredictability.

Manufacturing Procurement 105

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

SYSPRO Smarter ERP

MARCH 27, 2023

Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

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

SYSPRO Smarter ERP

FEBRUARY 23, 2022

In Part 1, we covered the business and technology challenges that the medical device industry is experiencing. Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Inventory and logistics management.

Manufacturing Procurement 105

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

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. As this innovative approach gains traction across various industries, the need for seamless integration with Enterprise Resource Planning (ERP) systems becomes increasingly evident.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

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

Resilinc

APRIL 11, 2023

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. Of these events, nearly 60% impacted Resilinc’s customers and their suppliers which operate across major industries such as automotive, hi-tech, aerospace, and healthcare.

Real-time Visibility 62

Real-time Visibility Manufacturing Procurement Sourcing Strategies Sourcing 62

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. The technology is even making inroads in the NFL to track player performance.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Talking Logistics

MARCH 27, 2013

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. I asked Kevin O’Meara that question last week on Talking Logistics.

Manufacturing Procurement 173

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Sourcing 173

QAD

JANUARY 4, 2022

Supply chains are more fragile than ever, shipping and trucking backlogs have hit multiple industries endangering holiday celebrations and causing general shortages, and the lack of certain products (read: semiconductor chips ) are crippling industries. 2021: A Year of Continued Disruption…for All Industries. Automotive.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 96

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

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

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Logistics Viewpoints

DECEMBER 12, 2022

Jeff Baker, Vice President of Shared Services at Myers Industries. Myers Industries Implements John Galt Solutions. Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

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. ”[4].

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

DELMIA Quintiq

JANUARY 27, 2021

The food and beverage industry has long been highly competitive, and in order to stay ahead in the market, key industry players are always trying to figure out what consumers will want next. This will create new challenges for industry players in satisfying market demand for food that is both global yet local.

Food 177

Food Optimal Sourcing Manufacturing Procurement Trends 177