Supply Chain Matters

APRIL 26, 2022

Supply network and production volume ramp-up tend to be the purview of contract manufacturers, and indeed Foxconn and others view a promising future as EV vehicle platform design and manufacturing services providers for start-ups. Long-term development and supply agreements are key as our deep supplier relationships.

Automotive 52

Automotive Resource Reduction Supply Chain Network Software Resources 52

SCMDOJO

OCTOBER 14, 2023

Resource extension, quick marketing and increased customer retention are benefits of integrated supply chains. When talking about SCM, we can elaborate it as integrating all dependent business activities, including resources and actors, to smoothen the workflow. What is a supply chain management system (SCM)?

SCM 87

SCM Examples Supply Chain Design Software Supply Chain Network Software 87

Supply Chain Shaman

MARCH 5, 2019

Folks shake their heads in agreement, but no one defines terms, and the goal is not clear. As a result, people have a false sense of agreement. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. It looks like this. Groups throw-out concepts. They sound good. Business Use Cases.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

SCMDOJO

SEPTEMBER 4, 2023

4PLs provide considerably more services such as assembling the technologies, resources, and capabilities to design, develop and implement extensive SCM solutions. 4PLs have access to a wide variety of resources and infrastructure that can assist a business’s operations to new heights.

Logistics Network Optimization Software 94

Logistics Network Optimization Software Negotiating Skills 3PL Negotiate Pricing 94

Unleashed

JANUARY 8, 2024

It also entails the signing of purchase contracts, managing orders and deliveries, and ensuring the appropriate levels of quality and compliance are met. Procurement management is particularly beneficial to smaller companies that operate with restrictive budgets and limited resources.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 93

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 93

Supply Chain Matters

NOVEMBER 14, 2023

Hyundai Motor America To Raise Auto Worker Wages In our prior Supply Chain Matters commentaries reflecting on the UAW labor union’s tentative collective bargaining agreement with U.S. based automakers Ford Motor , General Motors and Stellantis , that the implications would ripple across the industry.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

Freightos

FEBRUARY 28, 2024

Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience.

Negotiating Skills 156

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 156

SCMDOJO

FEBRUARY 13, 2023

[Read More: Top 16 Procurement KPIs – The Ultimate Guide ] Key Takeaways The procurement department is critical to an organization, obtaining quality goods and services at competitive prices while ensuring the organization’s resources are needed to succeed. Research other options to source the best value products and services.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Supply Chain Game Changer

MAY 12, 2021

We negotiate contracts, terms, and specifications in our professional lives and we negotiate dinner plans, curfews, and allowances in our private lives. Dell’s cost of switching to another company would be high, and FedEx would have trouble replacing the revenue and profits the contract generated. We negotiate on a daily basis.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

QAD

JUNE 1, 2023

The panel session title at this year’s INTERPHEX event was “Contract Manufacturing Organizations (CMOs) lessons learned – How do you improve efficiency without compromising quality and compliance?” Both Dan Matlis of Axendia and I were in strong agreement.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 93

SCMDOJO

FEBRUARY 21, 2024

The idea of a 4PL is an innovative service that gathers capabilities, resources, and technological advancement to run a business completely. 3PL is the act of contracting out activities that are connected to distribution and logistics. What is 4PL? How Does A 4PL Benefit My Business?

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Precoro

JANUARY 29, 2024

Contract management practices. Details on how procurement contracts will be managed, including the contract approval process, performance monitoring, and mechanisms for addressing issues that may arise during the contract period. Contract Conditions Suppliers may adjust their pricing strategies in response to inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Resilinc

MARCH 5, 2024

Water shortages burdened Panama Canal shippers with extraordinary delays and cost increases, serving as a reminder to greater consider changing climate and weather patterns in supplier contracting and logistics planning. For now, the Panama Canal has eased until April 2024 —allowing 24 vessels to pass through per day.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Planning Panama Supply Chain Strategy 108

Unleashed

APRIL 21, 2020

The legal issues surfaced by the Covid-19 pandemic cover contract law, employment law, property law, insurance law and company law. Legal questions covered in this post: Contract law questions (jump to section). I haven’t received parts or products from my suppliers, can I cancel my contract?

Negotiating Skills 72

Negotiating Skills Material Savings Vendor Strategies New Zealand 72

Silvon Software

APRIL 19, 2022

Managing supplier performance can help procurement leaders focus their resources on value-added activities, instead of addressing the problems caused by supplier performance like defects, rush, excessive inventory, delayed delivery to customers, shutdowns, etc. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Unleashed

SEPTEMBER 30, 2021

In the VMI supply chain model, the buyer and vendor have an agreement that the vendor will make inventory, supply and reordering decisions for the products they provide. TV World has a VMI contract with ABC, which means TV World shares up-to-date inventory levels and sales data with their vendor. Less risk of being out of stock.

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Locus

JUNE 27, 2023

SLA Violations: Service Level Agreements (SLAs) are a key performance indicator for delivery companies. This approach aids in efficient utilization of existing in-house resources, preventing burnout. Book a Demo The post Shippers: Have you considered contracted or outsourced fleets? appeared first on Locus Blog.

Optimization Software 52

Optimization Software Resource Reduction Demand Planning Software Cost Reduction Strategies 52

Supply Chain Matters

NOVEMBER 10, 2022

Supply Chain Matters highlights a report indicating that a well know global contract manufacturer is making equity plays in a U.S. The Wall Street Journal has reported ( Paid subscription or metered view ) that the globe’s largest contract manufacturing services provider is deepening its equity and process design investment in U.S.

Saudi Arabia 52

Saudi Arabia Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 52

Intelligent Audit

SEPTEMBER 28, 2022

Freight Rail and Union Members Reach Tentative Agreement. logistics industry, the freight railroads and three of the nation’s largest transportation labor unions managed to reach a tentative agreement the the early hours of Thursday, September 15th. With the agreement, the U.S. In a welcome turn-of-events for the U.S.

Price Reduction 52

Price Reduction Supply Chain Planning Software Industrial Industry 52

Taulia

JULY 21, 2022

Contract compliance. The products or services ordered should always meet the agreed quality guidelines outlined in your contract or the purchase order. Receiving substandard goods or materials can leave businesses vulnerable, impacting stock levels or requiring the expense of time and resources to rectify the order. Defect rate.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

Silvon Software

MARCH 3, 2023

Its usefulness in S&OP is in helping maintain Service Level Agreements (SLAs) related to delivery windows. As a result, companies need to define and agree on the standards and definition of “on time” in the contracts, agreements, terms and conditions they share with their customers and partners (e.g., logistics firms).

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Resilinc

DECEMBER 7, 2022

Because such efficiency gains are modest, suppliers typically front-load their initial pricing to “break even over the course of a contract” which can last six to eight years. Contracts generally allow suppliers to pass steel and copper price hikes on to OEMs, but not cost increases for other inputs, including labor.

Negotiating Skills 62

Negotiating Skills Negotiate Pricing Price Reduction Cost Reduction Strategies 62

Supply Chain Game Changer

NOVEMBER 17, 2018

It’s all the money an organization pours into Procurement that doesn’t get captured under contracts and vendor agreements. All the little decentralized expenses that add up – consider the department ordering printer ink with a credit card instead of working through established vendor agreements. It could be insurance.

Optimal Sourcing 62

Optimal Sourcing Procurement Purchasing Skills Vendor Strategies 62

OptiProERP

DECEMBER 9, 2022

Customer Resource Management (CRM) identifies what marketing has planned that could affect product sales and it offers useful data on historical sales trends. Its advanced planning and scheduling uses information regarding available resources and machine capacity to optimize production, getting you ready to handle increased demand.

Manufacturing Procurement 52

Manufacturing Procurement Electronics Optimal Sourcing Supply Chain Planning Software 52

Material Handling & Logistics

SEPTEMBER 6, 2018

Exporters expressed caution due to uncertainty around trade agreements (39%) and U.S. Over the last 12 months, many exporters changed their exporting strategy due to trade agreements and policies (32%) as well as political instability (28%). Resources for SMEs to Get Started and Grow Global. trade policies (38%).

Resource Reduction 80

Resource Reduction Material Savings North America Price Mitigation Strategies 80

Precoro

AUGUST 31, 2023

Negative costs that do not contribute to growth and in a way are a waste of resources. Do you have contracted suppliers ? Check if your suppliers and contracts can offer better price-to-value. As a part of the cost-saving initiative, businesses evaluate if their contracted suppliers still meet their expectations.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

DAT Solutions

SEPTEMBER 29, 2017

The Transportation Intermediaries Association (TIA) has released three new resource guides this year and has updated several of its sample contracts. The guide includes key points to consider when negotiating food transportation contracts with shippers and carriers. Intermodal Resource. Cargo Claims Framework.

Resource Reduction 71

Resource Reduction Resources Freight Guidelines 71

ivalua

MAY 11, 2021

The Company combines a global portfolio and world-class resources and system capabilities to deliver a full range of first-class end-to-end Engineering, Procurement and Construction contracting solutions to its valued Customers. The digital transformation journey has reached the Go-Live of the Sourcing module. strategy and values.

Optimal Sourcing 130

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

NC State SCRC

MAY 4, 2022

One executive noted that throughout his career, procurement organizations he has led or been a part of lacked a team or group of people whose focus and core competency was on optimizing price and spend visibility, supplier utilization and contract compliance. Maybe Price Analysis’s time has returned!

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Precoro

APRIL 6, 2022

In short, cloud computing allows accessing different IT resources via the Internet with pay-as-you-use pricing, rather than downloading them to your computer’s hard drive. When an invoice arrives , the software matches it with the PO, receipt, and contract terms. What is Cloud Procurement? This will save both money and time.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Precoro

JULY 16, 2023

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. This way, the purchasing manager can negotiate better prices, delivery fees, and other agreement terms.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

ToolsGroup

MAY 18, 2022

The FDA and Abbott labs reopening agreement. Abbott also has strong ties with the USDA’s nutritional supplement program, WIC, holding exclusive provider contracts in a number of states. Aside from Abbott, Mead-Johnson and Nestlé also have WIC contracts, resulting in a total of three major manufacturers of formula.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Locus

JULY 5, 2023

Why Fleet Management Matters for Shippers In the complex sphere of supply chain management, fleet resources remain indispensable and irreplaceable. Dynamic reorder sequencing: Our solution enables seamless sequencing of on-demand orders within existing routes, allocating them to the most appropriate resources.

Optimization Software 52

Optimization Software Supply Chain Network Software Resource Reduction Demand Planning Software 52

Talking Logistics

JULY 13, 2016

is fighting to get equipment and inventory from a family-owned auto parts supplier that filed for chapter 11 bankruptcy protection last week, saying a contract dispute threatens to shut down 19 GM assembly plants in North American and lead to ‘tens of millions of dollars in losses.’” Why would CCM agree to a money-losing contract?

Sourcing Strategies 100

Sourcing Strategies Negotiating Skills Expense Reduction Resource Reduction 100

Talking Logistics

JULY 13, 2015

In this context, good Third Party Logistics (3PL) providers are being driven away as Global Shippers and Consignees (GSCs) seek extreme commoditization of transportation and logistics services and also apply bad contracting practices to them. Perverse Incentives in Outsourcing Agreements. Time for a New RFP.

3PL 100

3PL Industrial Industry Third Party Logistics 100