Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Unleashed

AUGUST 30, 2021

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logistics Viewpoints

FEBRUARY 14, 2024

Five Year Performance on Business Goals (2019 – 2023) Looking at 2024 Priorities When it comes to organizational priorities across supply chain functions for 2024, APQC finds that supply chain planning remains in the top spot for the fifth year (selected by 90 percent of organizations).

Supply Chain Planning Software 246

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

DynaSys

FEBRUARY 17, 2021

However, at the same time, Tesla sales increased 36% from 2019 whereas VW total sales saw a 16% decline. Automotive suppliers regularly receive Electronic Data Interchange (EDI) demand signals from car manufacturers. In 2020, as car manufacturers had to change their forecasts two or three times a week with huge variability.

Manufacturing Procurement 98

Manufacturing Procurement Automotive Supply Chain Planning Software Manufacturing 98

SYSPRO Smarter ERP

DECEMBER 15, 2021

regional research into manufacturing and distribution companies during the Covid-19 period to date. And as a result, the Kenyan manufacturing and distribution sector is receiving half the help of the global average, with Value Add reduced by 0.1% Spending and Innovation – the focus and source of funds. The Manufacturing 4.0

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

Supply Chain Shaman

JULY 19, 2020

They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. There are many supply chain technologists and consultants that made six-figure incomes and purchased multiple vacation homes on the back of false promises. Comparing 2010-2019.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

Unleashed

JUNE 3, 2020

The issue is also particularly bad for manufacturers. According to the ONS , in the year to December 2019, UK manufacturers became 1.6% And more to the point, how can an individual manufacturing firm – in the UK or elsewhere – lift their own productivity performance? So what’s going wrong?

Manufacturing Procurement 85

Manufacturing Procurement Price Reduction Cost Reduction Strategies Waste Reduction 85

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

OptiProERP

DECEMBER 23, 2021

The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Forecasting Software Analytics Software Supply Chain Design Software 52

Unleashed

JUNE 8, 2020

may sound exciting for manufacturers – with its IoT-enabled factories, all-singing all-dancing ERP software, and AI-powered insights – but frankly this is fantasy land for the vast majority of manufacturers. 2020 has been more volatile than anyone in 2019 could have imagined. 4 important KPIs for manufacturers.

Manufacturing Procurement 72

Manufacturing Procurement Manufacturing Data Inventory Management Software 72

ToolsGroup

NOVEMBER 8, 2021

The combination of software offerings will optimize end-to-end planning–from production to purchase–equipping modern multi-channel retailers to build highly resilient, profitable and future-proof supply chains. Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

USC Consulting Group

DECEMBER 15, 2020

Back in November and December when the economy was running full speed ahead, automotive manufacturers had high expectations for robust sales activity in 2020. Perennial leaders in auto sales — such as General Motors, Ford and Chrysler — witnessed double-digit declines in quarterly sales compared to 2019. Then, COVID-19 happened.

Manufacturing Procurement 52

Manufacturing Procurement Automotive Optimal Sourcing Manufacturing 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The shifts in growth from 2019-2021 are dramatic. The decline in inventory turns uses cash. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logility

APRIL 20, 2022

Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption. And for that reason, they can absorb and avoid disruption, measure variability proactively, and establish the rights strategies and inventory buffers to address it across the supply network and short- and long-term planning horizons.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 139

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 139

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

SEPTEMBER 13, 2021

When the repair estimate was 5X the cost of the car, I wrote the dealer a check and drove off in a 2019 Lincoln Nautilus with 4,200 miles. There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. Transportation and manufacturing reliability compounds supplier issues.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Supply Chain Game Changer

APRIL 14, 2020

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Rather there was a one time purchase made and everyone forgot about it. So what went wrong?

Manufacturing Procurement 105

Manufacturing Procurement Purchasing Skills Optimal Sourcing Sourcing 105

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Optimal Sourcing 52

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Optimal Sourcing 52

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Material Savings 52

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Freightos

OCTOBER 31, 2022

Take Conner, the manufacturer of FORT, a magnetic pillow fort. Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. Provided, that is, that the businesses could manage to manufacture and import their goods. . So what does it mean?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

EC Sourcing Group

DECEMBER 17, 2018

If you sell a premium product, manufacturing quality issues can kill your image and your bottom line. Today I will share a fantastic success story from a strategic sourcing consultant who is friend of mine. The manufacturer made several attempts to rectify the issues but were unsuccessful. A disaster turned into a huge success.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Negotiate Pricing Quality 40

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. Manufacturers build “control towers” but there no network dial tone between parties to enable prescriptive analytics and alerting.).

Supply Chain Design Software 424

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 424

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

USC Consulting Group

FEBRUARY 12, 2019

Building materials manufacturers are, of course, responsible for producing these essential supplies. home builders, especially those who intend to accelerate operations in 2019 to bridge the inventory gap , according to research from the National Association of Realtors. America’s global trade showdown. Census Bureau.

Manufacturing Procurement 40

Manufacturing Procurement Material Savings Manufacturing Inventory Reduction 40

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157