Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Supply Chain Matters

JUNE 9, 2023

Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Mexico is near the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

The Logistics of Logistics

AUGUST 11, 2021

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. In 2040, the skillet will most likely be manufactured in the USA or Mexico. In 2020, the skillet was manufactured in China using Australian or Brazilian iron ore.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. Mexico already hosts a robust cluster of auto parts manufacturers that U.S.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Hurricane season threatens to disrupt activities across the eastern seaboard and along the Gulf of Mexico. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. HP Specific Moves This latest report goes on to indicate that a portion of production sourcing, estimated to be upwards of 5 million units, will shift toward Mexico to support U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. China ranks number one as the country from which companies are reshoring, followed by Mexico, Canada, India, and Japan. Manufacturing in Mexico today is at least 20% cheaper than China. are: Germany, China, Japan, Canada, and Korea.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Supply Chain Matters

JULY 6, 2023

Mixed Picture for Manufacturing Activity in Mexico The S&P Global Mexico Manufacturing PMI© report for June was headlined with a mix of what was termed positive developments of rising production levels contrasted with demand decreases. product demand volumes. reflected a significant 3.5

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . Canada or Mexico. Prediction Background. Higher cost levels will need to be mitigated or reduced.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

QAD

APRIL 4, 2023

In this area, enhancements include: An uplifted user experience for co- and by-products across engineering, production and inventory capabilities to boost efficiency and help manufacturers succeed in today’s digital world. With the recent acquisition of Redzone, QAD Redzone Connected Workforce joins the QAD Adaptive Applications portfolio.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 95

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2 percentage points from Q1 to Q2.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Enterra Insights

AUGUST 11, 2022

Businesses need to inventory the risks, as well as materials and products, in their supply chains in order to plan for and, in theory, mitigate those risks. 10] When it comes to moving inventory into disaster-prone areas, historical data can help. You need to have alternatives worked out if things don’t go according to your first plan.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Truck and rail transportation movements across the Mexico and U.S.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Unleashed

DECEMBER 15, 2019

Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. Sourcing internationally can create a complex supply chain that complicates your inventory? ?control However, this shouldn’t be a problem when you have great inventory management software.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

BlueYonder

MARCH 6, 2020

Lucky are the companies that can shift production to other countries like Mexico or Vietnam. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments. The third is exports to China.

Real-time Visibility 90

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 90

BlueYonder

MAY 10, 2019

Sprint was using spreadsheets and databases to forecast and plan its network inventory purchases. With this strong foundation, Sprint can move from a monthly Network Inventory & Operational Planning process to a bi-weekly or weekly process if desired. Part of JDA’s formula for customer success is to work with world-class partners.

Optimal Sourcing 40

Optimal Sourcing Material Savings Inventory Reduction Cost Reduction Strategies 40

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Game Changer

JANUARY 18, 2022

Countries like China, India, and most other Asia countries, along with Eastern Europe and Mexico became the preferred location for manufacturing. With responsibility for Global Commodity Management and Procurement, and the sourcing of billions of dollars of goods and services, I saw this dynamic play out first hand.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

Optimal Sourcing Supply Chain Design Software Material Savings Asset Management 64

Freight Plus

OCTOBER 25, 2019

Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. He has also worked as vice president of transportation for the Ascena Retail Group, and as operations director for Adidas-Group Mexico.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Enterra Insights

MAY 16, 2022

Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. McCrea reports, in response to the current situation, “some companies are procuring materials from more U.S. Disparate or siloed systems will make consolidating capital harder.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Freight Plus

FEBRUARY 27, 2020

Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. He has also worked as assistant vice president of transportation for the Ascena Retail Group, and as operations director for Adidas-Group Mexico. Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

Freight Plus

FEBRUARY 27, 2020

Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development. He has also worked as assistant vice president of transportation for the Ascena Retail Group, and as operations director for Adidas-Group Mexico. Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. While near-shoring to Mexico, Canada or the U.S. It provides a little breathing room to make better sourcing, inventory and pricing decisions.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 48

Supply Chain Matters

OCTOBER 20, 2023

The industry’s news cycle has pointed to increasing inventories of unsold EV ’s at dealer lots. Future Production Capacity Bloomberg noted in its reporting that Tesla is now slow walking the automaker’s plans for a previously announced investment in a new factory complex in Mexico.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

6 River Systems

JUNE 10, 2019

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

ShipBob

SEPTEMBER 25, 2023

From that information, build a list of products that you know are legal for you to sell and stick with your regular inventory to avoid any legal mishaps. Fulfill and ship customer orders You’ll need a system for warehousing your CBD products and managing inventory over time. All you do is market the product without touching inventory.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

NC State SCRC

SEPTEMBER 14, 2016

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. ” The BAD – “Back in the 90s a lot was going to Mexico. Nortel had a plant in Calgary, that had to be moved to Mexico. This was Solectron, that was later bought by Flex.

Supply Chain Network Software 40

Supply Chain Network Software Negotiating Skills Supply Chain Design Software Six Sigma 40

BlueYonder

AUGUST 29, 2019

increasing inventory before the deadline. Loading up on inventory drives additional inventory carrying costs, insurance and often contracting for more storage. While near-shoring to Mexico, Canada or the U.S. It provides a little breathing room to make better sourcing, inventory and pricing decisions.

Optimal Sourcing 40

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 40

Locus

JUNE 3, 2022

Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics. More time and energy is spent on forecasts to reduce inventory that is no longer in use. In the case of manufacturers, it means procuring green and sustainable raw materials. Route Optimization.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52