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

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. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

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

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

ivalua

MAY 30, 2022

Digital Champion Best Practices. Digital supply chains use one integrated network for all relevant supply chain partners, including procurement, suppliers, service providers, and even customers. This is significantly higher than average organizations, and more than double that which is achieved by Digital Novices.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 130

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. When he speaks of the supply chain, he means procurement. Likewise, when he speaks about the supply chain, his partner, Yossi, his mental model is logistics.

Supply Chain Planning Software 397

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 397

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

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Talking Logistics

MAY 14, 2019

The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Finished products have high ratios (average 50%) of sourced or procured product content. Traceability & Trade Compliance.

Supply Chain Planning Software 162

Supply Chain Planning Software Quality Supply Chain Software Supply Chain Network Software 162

Logistics Viewpoints

MAY 6, 2022

Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. And now on to this week’s logistics news. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 221

Logistics Viewpoints

OCTOBER 10, 2022

spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. The implementation was not trivial.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

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%. With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances.

Manufacturing Procurement 105

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

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

Logistics Viewpoints

FEBRUARY 19, 2024

The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Tang argues, because the current crisis is hardly unprecedented; it is based on the changes that Boeing made to its R&D and manufacturing processes during the development of the 787 Dreamliner.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Matt shifted to logistics sales and became a very successful agent for BlueGrace. Popcapacity leverages technology to simplify the process of sourcing warehouse space. The Logistics of Logistics Podcast.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

ModusLink Corporation

APRIL 22, 2024

Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential. Comprehensive Kitting Services: Tailored kitting solutions to meet the unique needs of electronics manufacturers.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. Four ways to use AI-driven digital planning to respond to market changing disruptions.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

SYSPRO Smarter ERP

FEBRUARY 23, 2022

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. Many manufacturers use a CAD/CAM system for design and engineering control. Inventory and logistics management. Quality management. Traceability.

Manufacturing Procurement 105

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

Enterra Insights

SEPTEMBER 29, 2021

” In the Digital Age, many analog processes are quickly becoming anachronistic. EY analysts Edmund Wong and Glenn Steinberg ( @GlennSteinberg ), ask, “Are you running an analog supply chain for a digital economy?”[1] Digital Transformation of Supply Chains. Supply chain processes are not immune to this trend.

Supply Chain Planning Software 130

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

Supply Chain Shaman

SEPTEMBER 27, 2021

Projects Being Implemented as Part of a Digital Supply Chain Transformation Project. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. What To Do?

Supply Chain Planning Software 334

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 334

Arena Solutions

JUNE 9, 2022

Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain. Smart transformations.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 96

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

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. Figure 1 Source: SKF. Figure 2 Source: SKF. Figure 3 Source: SKF. Figure 4 Source: SKF.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

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

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Supply Chain Shaman

JUNE 9, 2023

The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Companies need a planning solution to analyze the trade-offs between make, source, and deliver.

Optimal Sourcing 309

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 309

Enterra Insights

AUGUST 2, 2019

Sun Tzu, the famous Chinese general, military strategist, writer, and philosopher who lived in the 6th century BC, wrote, “The line between disorder and order lies in logistics.” He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1]

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Logistics Viewpoints

MAY 27, 2021

Five Forces Reshaping Logistics as We Know it. Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Forget what you knew about logistics. And, more than ever, these decisions have to be made on the fly, in real-time.

Optimal Sourcing 231

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Modeling 231

Ware2Go

JANUARY 7, 2022

Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins. What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Shaman

NOVEMBER 21, 2022

The perspective of a manufacturing leader is quite different than that of a business leader in logistics. A “digital brain” layered on top of functional and localized optimization throws the supply chain out of balance. “ Reflection. As I returned to my hotel room, I thought about this dilemma. Next Steps?

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

LevaData

APRIL 26, 2022

It's difficult to source and buy direct materials at scale. Also, would it be more effective to buy from a distributor rather than the manufacturer; if so, which distributor? Data is available now, more than ever, to considerably widen sourcing's remit, bringing in these under-addressed purchased items and hazards.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . Because digital transformation can involve selecting and implementing several different solutions, the early stages are often protracted. BOSTON, Mass.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52