The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

ThroughPut

MAY 31, 2022

6 Strategies to supply chain resilience. Supply chain leaders largely adopt six main strategies to foster resilience: 1. The same buffer capacities can also be created by leveraging contract manufacturers strategically to counter sudden surges in demand. Multisourcing is the most straightforward way to eliminate this risk.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Enterra Insights

FEBRUARY 20, 2019

Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. To make that point, Mortson lists ten different definitions for the term from various sources. Evaluate inventory policy, sourcing modifications, and commercial terms.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

Enterra Insights

JANUARY 6, 2022

Pini Mandel, cofounder and CEO of Quicklizard, observes, “Ever since Borders bookstore realized it could no longer compete in 2011 and shut down all 399 of its stores, there’s been a steady stream of iconic stores that folded. Inventory turnover. Iconic chains, like Sears and K-Mart, seemed to vanish overnight. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. I packed my (one) bag to start a considerable journey into becoming a Supply Chain Professional from the manufacturing floor up, with Detmold (Detpak) Packaging. . Family reasons relocated me to Bangkok in 2011. .

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Supply Chain Shaman

AUGUST 13, 2021

In Figure 1, I highlight the significant shifts in my lifetime: Just four decades ago, McKinsey coined supply chain management as managing source, make, deliver, and plan together. In 2011-2014, companies experienced unprecedented growth, but the gap between commercial and operational teams grew. Then the Pandemic hit.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Talking Logistics

OCTOBER 6, 2014

It’s one of the most common questions I get these days from third-party logistics providers (3PLs), especially this time of the year as they’re finalizing their strategies for 2015 and beyond. They also saw inventory cost reductions of 12% compared to 9% globally and order fill rates move to 77% from 68%.

Mexico 183

Mexico Third Party Logistics Cost Reduction Strategies Inventory Reduction 183

SYSPRO Smarter ERP

MAY 18, 2022

‘A new, end-to-end synchronized supply network is needed, where suppliers, manufacturing sites, customers and experts’ partner efficiently within a seamless ecosystem. While this utopia sounds far-stretched for some, it also illustrates the possibilities presented to manufacturers and distributors by Industry 4.0. experience.

Resource Reduction 105

Resource Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 105

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. To briefly indicate its place, it should be remembered that war involves three divisions of labor: Strategy , Tactics and Logistics. Neil Southern, 2011). Neil Southern, 2011).

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

SupplyPike

MAY 21, 2020

Simply put, the supply is exaggerated and the inventory grows faster than the demand. This may require better management of the inventory. With the help of inventory software, companies can control and understand how buying habits change across a period of time. This is known as the bullwhip effect. Keeping Prices Stable.

Price Reduction 98

Price Reduction Inventory Reduction Vendor Strategies Cost Reduction Strategies 98

Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. sales organization and vehicle distribution strategies.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

SYSPRO Smarter ERP

MAY 18, 2022

‘A new, end-to-end synchronized supply network is needed, where suppliers, manufacturing sites, customers and experts’ partner efficiently within a seamless ecosystem. While this utopia sounds far-stretched for some, it also illustrates the possibilities presented to manufacturers and distributors by Industry 4.0. experience.

Resource Reduction 98

Resource Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept. Source: SupplyChainDigest.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

MIT Supply Chain

OCTOBER 30, 2014

They collaborated with two service providers, Sourcemap and AIR Worldwide, to develop an interactive mapping tool that evaluates operational risk, and flags the relative importance of key suppliers and manufacturers to the integrity of a supply chain. A broader view. Each node shows the revenue at stake in the event of a disruption.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Resilinc

JANUARY 8, 2024

Contagion (2011) Despite being released nine years earlier, the synopsis for this movie sounds eerily similar to the COVID-19 pandemic—which is probably why this film has recently garnered attention. Extreme weather like this would damage manufacturing and transportation infrastructure in the U.S. and key regions worldwide.

Los Angeles 91

Los Angeles Supply Chain Strategy Scenario Planning Supply Chain 91

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps was purchased by SAP. SAP released an S&OP solution using HANA in 2011.

Supply Chain Planning Software 212

Supply Chain Planning Software Modeling Optimization Software SAP 212

Supply Chain Shaman

JANUARY 14, 2013

The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. Ten-year averages – food manufacturing companies. You got it! It is a low probability that this will ever happen.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Unleashed

MAY 10, 2020

As governments and hospitals work to stamp out Covid-19, manufacturers are also struggling to manage the virus’ impact on their supply chains. Many are quick to blame just-in-time (JIT) manufacturing for their lack of components and raw materials. We’ll take a closer look at: Pull inventory systems. Pull inventory systems.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

Talking Logistics

AUGUST 3, 2017

Now consumers can compare products from multiple manufacturers and/or retailers in order to find best product at the best price – all from the comfort of their own home – and then have it delivered within days or even hours. The question is: how will this impact retailers and manufacturers? Transforming the Retail Supply Chain.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software 103

Infosys Supply Chain Management

DECEMBER 29, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Automotive. Financial Services.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Resilinc

JANUARY 18, 2022

spokesperson noted that beating GM was “not our goal, nor do we see it as sustainable,” the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. Wolfsburg, Lower Saxony, Germany is Volkswagen’s HQ and site of a massive manufacturing complex.). While Toyota’s U.S.

Supply Chain Visibility 62

Supply Chain Visibility Supply Chain Planning Software Agile and Lean Supply Chain Inventory Reduction 62

Resilinc

JANUARY 17, 2022

While Toyota was careful not to gloat, the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 62

Supply Chain Brain

OCTOBER 6, 2020

Even before COVID-19, supply-chain managers considered how to cope with supply-chain disruptions — from natural disasters like the 2011 Japanese tsunami to political developments such as the U.S.-China Supply-chain flexibility and responsiveness have never been more important as they are at present.

Supply Chain Software 47

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 47

Talking Logistics

MARCH 23, 2015

Here are some excerpts from the press release: Twitter is like no other data source in the world. Manufacturers want to know what products to make and when, but constantly changing retail trends and habits make it harder to understand and respond to demand. Are you a believer or a skeptic? Post a comment and share your perspective!

Supply Chain Software 100

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Strategy 100

Unleashed

APRIL 1, 2020

Review existing inventory management systems. The key to successfully pursuing these opportunities is knowing your core business and strategy inside out; that will guide you in making the right strategic decisions. Review existing inventory management systems. Focus on inventory management. Invest in technology.

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106

Supply Chain Shaman

JANUARY 18, 2016

Manufacturers are Now Selling Directly to Consumers. Retailers can no longer have their heads in the sand, but neither can consumer products manufacturers. Note that apparel manufacturing is growing and apparel retail is declining. Manufacturers that want to have eCommerce capabilities are scrambling to catch-up.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. A strong business case will articulate clear goals aligned with the company’s strategy as well as providing answers to anticipated objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Supply Chain Matters

FEBRUARY 20, 2024

Since 2011, the year the 737 Max was officially announced, Boeing has handed some $68 billion to shareholders in the form of dividends and stock buybacks, according to data compiled by Bloomberg, though it suspended the measures as its financial crisis deepened. From our lens, this will take time and extraordinary efforts.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Infosys Supply Chain Management

NOVEMBER 1, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The state of product demand planning and inventory management among retailers becoming more advanced. Automotive. Communication Services. Consumer Packaged Goods.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

MIT Supply Chain

JULY 10, 2014

Supply chain strategies often include some sort of commitment to innovation, but if the organization is not set up to be truly innovative it’s an empty promise. In order to support these principles, the manufacture operated high-volume plants that exploited economies of scale to the fullest.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 96

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Movement

NOVEMBER 12, 2014

Research by McKinsey in 2011 revealed that only 20 percent of companies link their business strategy to clear decisions about their product portfolio and allocation of the necessary resources. This is a good example of a ‘system of innovation’. Martijn Lofvers, Publishing Director & Editor-in-Chief Supply Chain Movement.

Gartner 79

Gartner Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 79

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

QAD

APRIL 15, 2021

Design – Don’t skimp on involving a cross-functional team of subject matter experts (SMEs) when designing product and manufacturing processes to prevent product design or process-related quality issues, which can lead to costs associated with scrap, rework, escapes, etc. secondary suppliers or carrying excess inventories).

Quality 75

Quality Cost Reduction Strategies Material Savings Inventory Reduction 75