Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. 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

Supply Chain Brain

JULY 14, 2022

The emergence of e-commerce for ordering parts has made the experience as easy as buying a book or toaster on Amazon.com, enabling supply chain managers, product designers, engineers and others to carry out the process quickly and on demand.

Manufacturing Procurement 106

Manufacturing Procurement Sourcing Manufacturing Supply Chain Design 106

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. Additionally dramatically higher demand for household supplies (eg. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. Let’s dive in.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

Supply Chain Shaman

MARCH 16, 2021

Today, entangled in digital supply chain discussions is the concept of the digital twin. In our pandemic research, we interviewed thirty manufacturers. All struggled, during the initial supply chain COVID-19 response, to run effective “what-if analysis” in their supply processes.

Manufacturing Procurement 201

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 201

Supply Chain Matters

FEBRUARY 28, 2024

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The post Auto Industry Concerns in Sourcing Moves Within Mexico first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Mexico 52

Mexico Sourcing Strategies Manufacturing Procurement Sourcing 52

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 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.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

APRIL 5, 2024

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended March on an optimistic footing.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. The time is now to take action and invest in technology to optimize your operations, streamline your workflows, and enhance supply chain efficiency across the board.

Manufacturing Procurement 130

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. 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.

Negotiating Skills 98

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 98

Supply Chain Matters

MARCH 4, 2024

Boeing spun out this supplier, which was once a part of this plane maker’s internal production in 2005 in a major strategic sourcing move. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. The post Boeing’s Potential Sourcing Reversal- Financial or Operational?

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Sourcing 52

Logistics Viewpoints

MAY 16, 2022

They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. In supply chain we talk about the fact that just optimizing one link in a chain – for example, optimizing manufacturing – does not lead to an optimized system.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

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

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

Logistics Viewpoints

OCTOBER 23, 2023

One of the ideas at the heart of the discipline of supply chain management is the importance of collaboration. The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Here is one excerpt from the book that highlights this theme.

Manufacturing Procurement 259

Manufacturing Procurement Supply Chain Design SAP Procurement 259

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

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. Supply chain challenges. The supply chain of the future.

Manufacturing Procurement 105

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

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Logistics Viewpoints

FEBRUARY 14, 2024

Supply chains are in the news, on governments’ agendas, and in the spotlight. With the continued challenges facing supply chains, that is no surprise. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent.

Supply Chain Planning Software 246

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

Logility

DECEMBER 29, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Supply Chain Game Changer

AUGUST 22, 2022

In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. Where are your suppliers? Count the cost.

Manufacturing Procurement 107

Manufacturing Procurement Manufacturing Global Modeling 107

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.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

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

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

Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

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. During the pandemic, the supply chains that had previously been considered trustworthy were found to be fragile. The last three years have exposed the risks of doing that.

Manufacturing Procurement 104

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

SYSPRO Smarter ERP

MAY 22, 2023

Some people see the concept of a sustainable supply chain as being pushed on them, but there are good business reasons why companies should implement sustainable supply chains — it’s not just social or environmental consciousness. What is a sustainable supply chain?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Supply Chain Game Changer

MARCH 14, 2022

If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Luckily, Business School offers one of the most comprehensive supply chain management programs in the world. Supply Chain Management Courses.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Dragon Innovation

MARCH 27, 2020

Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future.

Manufacturing Procurement 97

Manufacturing Procurement Sourcing Strategies Manufacturing Sourcing 97

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Manufacturing Procurement 173

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 173

QAD

MAY 24, 2023

Global supply chains change enough to necessitate comprehensive visibility and shared views across entire manufacturing enterprises and other industries. Integrated supply chain management and operations helps anticipate needs and demands from customers, suppliers, and other trading partners.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

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

Requis

APRIL 12, 2021

With all things occurring in the world today, pandemics, natural disasters have led to larger times to manufacture/delivery, supply chain management—the processes, systems and ideologies are being challenged to think differently—particularly when it is involved in construction and operation phases of the asset lifecycle.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Procurement Meeting 52