Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to reporting by The Wall Street Journal , that level of worker labor activism was nearly eight times the number of workers involved in 2021.

Negotiating Skills 59

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Supply Chain Matters

DECEMBER 29, 2023

In 2021, Tesla acquitted a former JC Penny distribution center located in Lathrop, California for the initial production of megapacks. Aggressive Timeline According to Tesla , plans reportedly call for breaking ground for this facility in the first quarter of 2024 with production anticipated to commence in the fourth quarter.

China 52

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 52

Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. Being asset light, vehicle production was planned to be outsourced.

Sourcing Strategies 52

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. Transiting the Suez Canal from Asian ports is estimated to be 15 percent costlier in 2024. based Alabama and Georgia production facilities.

Supply Chain Design Software 52

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

QAD

MAY 23, 2023

million people were in forced labor in 2021, with children accounting for more than 12% of that total. ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

JANUARY 18, 2023

This development effort reportedly began in earnest in 2018, with the first application being the display for the highest-end models of the Apple Watch by the end of 2024. Reportedly, plans further call for supplying electronic displays to other Apple hardware including the iPhone line-up after 2024. million in 2021.

Supply Chain Design Software 59

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Supply Chain Matters

NOVEMBER 6, 2023

The October report further indicates: “ Of the seven ASEAN nations covered by this survey, five recorded a deterioration in the health of their manufacturing sector, the highest number of countries to report a decline since August 2021.” percent in 2024. World economic growth will reportedly slow from 3.5 Stay tuned.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. Rockville, Maryland based OCR specializes in content and services related to export compliance and controlled commodities, denied party screening, license procurement and product classification services.

Supply Chain Design Software 40

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Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 223

Negotiating Skills Asia Europe Optimal Sourcing 223

Supply Chain Game Changer

OCTOBER 8, 2020

Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain. Digital Supply Chain Predictions.

Predictive Analytics Software 74

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.” This was the biggest escalation since the 31.8% increase in 2010, eleven years ago.

Supply Chain Design Software 130

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QAD

FEBRUARY 15, 2024

Updated: February 15, 2024 Published: March 25, 2021 If I think back to my childhood days and recall the shopping experience for food & beverage products, my first thoughts are about local grocery stores and smaller neighborhood specialty shops. The massive “big box” all-in-one stores did not exist.

Beverage 96

Beverage Food Manufacturing Procurement Material Savings 96

Supply Chain Matters

MARCH 27, 2024

Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This was another “ black swan ” event not typically a part of the risk management scenarios of businesses and their supply chain and logistics management teams. East Coast port presence helps in this determination. All rights reserved.

Baltimore 52

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Supply Chain Matters

APRIL 14, 2023

It includes Transporeon Execution Solutions , procurement, and market intelligence offerings along with Sixfold , a real-time visibility capability aggregating live data from supply chains across Europe leveraging AI based technology. The EV parcel truck maker subsequently went public in March 2021, combining with CIIG Merger Corp.

Supply Chain Design Software 52

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Intelligent Audit

DECEMBER 12, 2022

By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. for the 12 months ending December 2021, the largest calendar-year increase since data were first calculated in 2010. compared to September 2021. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S.

Cost Reduction Strategies 52

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Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.

Shipping 303

Shipping Negotiating Skills Asia Yemen 303

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Matters

SEPTEMBER 6, 2023

Further reported was the fastest uptick in new orders since January 2021. As the final quarter approaches, businesses and their associated supply chain management teams will likely have a relook for expected 2024 product demand and supply needs.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

FEBRUARY 14, 2024

The EV parcel truck maker subsequently went public in March 2021, combining with CIIG Merger Corp. billion market valuation based on 2024 revenue expectations. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. while securing a $5.4 All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. Investment and ESG in the Public and Private Market.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

Logistics Viewpoints

APRIL 5, 2024

A total solar eclipse will take place at the Moon’s ascending node on Monday, April 8, 2024. Blue Yonder was acquired by Panasonic in 2021. Rockville, Maryland-based OCR says it helps customers streamline and automate processes around denied party screening, license procurement / management, and product classification.

Logistics Network Optimization Software 233

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 233

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. in the second quarter of 2021 due to a lack of raw materials. ( Plastic resins were in short supply all of 2021, with prices skyrocketing by up to 50%.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Supply Chain Matters

APRIL 29, 2022

Recently, the online provider’s higher incidents of worker injuries in 2021 came to light. . Intel CEO Pat Gelsinger indicated that the semiconductor chip shortage will last longer than expected, likely into 2024. “

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply and Demand 52

Logistics Viewpoints

FEBRUARY 3, 2023

In 2021, the company eliminated a prior offer of free delivery for Whole Foods Market shoppers, tacking on a $9.95 The startup procured $400 million in a Series E financing round, led by One Madison Group and JS Capitol , that includes Walmart and existing investing partner SoftBank Vision Fund 1 in January 2022. service fee.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

Supply Chain Matters

MARCH 15, 2024

billion acquisition of Cerner in December of 2021 in an all-cash tender offer. Within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), Generative AI capabilities now reportedly support product description generation, supplier recommendations or customized procurement negotiation summaries. Oracle announced the roughly $28.3

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

Zero-emission Norwegian container ship Yara Birkeland, albeit with a limited capacity of 120 TEU, made its maiden voyage in November 2021. The ship, called Argo, will be powered by fuel cells and green hydrogen (stored in its two hulls) and is planned to launch in Q3 2024. Hydrogen is another promising and zero-emission fuel.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

ToolsGroup

OCTOBER 25, 2022

Many companies struggle with this; online out-of-stock notifications during the holiday season increased 256% from 2019 to 2021. across 52 global markets between June 2021 and June 2022. In 2021, seasonality made life a little difficult for supply chain planners. You need your product in the right place at the right time.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

MARCH 13, 2023

billion in 2021. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. Reported net operating loss for the fiscal year was $6.8

Supply Chain Planning Software 52

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

Supply Chain Matters

NOVEMBER 10, 2023

It was initially believed that the engine recall will affect upwards of 1,200 engines produced between 2015 and 2021. The next batch of 600-700 engines will reportedly require unscheduled inspections and/or removals in the 2023 through 2026 period, with reportedly two-thirds weighted toward this year and into early 2024.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Manufacturing Procurement Supply Chain Planning 52

Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. billion by 2024 (up from $14.9

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Procurement Academy

DECEMBER 29, 2020

By 2020-2021, 98% of corporations are planning to incorporate eLearning into their programs. eLearning market will grow by $12 billion between 2020 and 2024. Learning procurement and supply chain management helps companies streamline their operations and maximize profits. Incorporate Practical Learning Methods.

Resource Reduction 98

Resource Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 98

Supply Chain Matters

FEBRUARY 13, 2023

As far back as 2021, Supply Chain Matters has highlighted both the near-term tactical and strategic implications of the global wide shortage of semiconductors , particularly on the global automotive industry. According to the report, GlobalFoundries now aims to submit a proposal to the U.S. Commerce Department under the recently enacted U.S.

Negotiating Skills 52

Negotiating Skills Supply Chain Design Software Supply Chain Software Los Angeles 52

Supply Chain Matters

OCTOBER 31, 2022

Regarding ongoing operational performance, the company noted (in part): “ On the A320 Family programme, production is progressing towards a monthly rate of 65 aircraft in early 2024 and 75 in 2025. The company is reportedly relying on the U.S. Congress to extend the end-of-year deadline for certification. . Closing Thoughts.

Supply Chain Performance 59

Supply Chain Performance Supply Chain Design Software Supply Chain Design Supply Chain Software 59

Supply Chain Matters

SEPTEMBER 12, 2022

That board reportedly made recommendations that included 24 percent wage increases during the period from 2020 thru 2024 with a 14.1 West Coast ports in most of 2021, have led to constant backlogs and dwell times for loaded containers reaching port facilities and inland rail distribution and transfer yards.

Purchasing Training 52

Purchasing Training Negotiating Skills Agile and Lean Supply Chain Supply Chain Planning 52

Vinculum

JUNE 15, 2020

The market is further projected to reach INR 968 Billion by 2024, growing at a CAGR of 9.5% during 2019-2024. Traditionally warehouse was mainly thought as a storage location where items were procured from manufacturer and supplied to retail stores (mainly bulk operation) as end customer buy from stores.

Warehousing 52

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 52