ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Simplify approvals with clearly defined roles and responsibilities.

Manufacturing Procurement 130

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

QAD

MAY 20, 2021

44% reported extended order fulfillment times and increased supplier prices. 25% reported bankruptcy of suppliers. A 2021 winter storm in Texas stopped 80% of chemical production affecting the majority of the US’ supply of plastic polymers. In 2020, air freight costs from China to the US increased 81%.

Supply Chain Disruption 94

Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Design Optimal Sourcing 94

QAD

NOVEMBER 7, 2023

After only 22 percent of companies were found to be compliant with the German National Action Plan in 2020, the German parliament enacted GSCA and voted to make participation mandatory in June 2021. The German Supply Chain Act (GSCA) The GSCA went into effect January 1, 2023 for companies with 3,000 or more employees in Germany.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Global 92

QAD

SEPTEMBER 30, 2021

Roberts echoes comments from Daimler CEO Ola Källenius, in May of 2021, “We have to have an honest conversation about jobs. In the US, an all-electrified fleet could mean the loss of 30% or more supplier jobs , according to Motor & Equipment Manufacturers Association, Senior Vice President of Government Affairs, Ann Wilson.

Automotive 97

Automotive Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 97

QAD

DECEMBER 16, 2021

Manufacturers know all the issues: U.S. IndustryWeek conducted a survey of CEOs in October 2021 to identify supply chain pain points. Among many other specific investments announced November 9, 2021, the Act will: Allow port authorities to redirect project cost savings toward tackling supply chain challenges.

Supply Chain Disruption 95

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QAD

JUNE 13, 2023

It’s no secret that putting all of your eggs in one basket probably isn’t the best idea, but that’s exactly what manufacturers around the world have been doing for years in offshoring production to China. That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. through 2028. “A

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Manufacturing Procurement 90

QAD

JANUARY 24, 2023

The needed connectivity between manufacturers and suppliers means relying on increased digitized processes and solutions. Not only does digitization help with the relationships between manufacturers and suppliers, it also helps improve supplier screening and begin ongoing ESG monitoring.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Unleashed

JANUARY 18, 2021

The vitamin and supplement industry manufactures and sells goods to support dietary requirements, including products to complement health and fitness regimes. Products manufactured include vitamin and mineral supplements, along with dietary products designed to support weight-loss and strength-building. The move to digitisation.

Trends 59

Trends Procurement Analytics Industrial Industry 59

NC State SCRC

DECEMBER 13, 2021

However, it is also noteworthy here that many of the companies in the top 10 do not manufacture anything, but outsource their manufacturing to “contract manufacturers” such as Flex, TSMC, FoxConn, ThermoFisher, and others. The remainder largely rely on third parties to do so.

Supply Chain Planning Software 52

Supply Chain Planning Software Journal Supply Chain Strategy Supply Chain Software 52

QAD

OCTOBER 5, 2021

As organizations seek to boost business responsiveness and flexibility to address disruption, this latest release progresses our customers’ ability to advance the business intelligence, innovation and business agility required by today’s manufacturers. Digital Manufacturing. Integrated Supplier Management. Highlights.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

QAD

JULY 7, 2022

A recent Quality Digest article suggested that “ethical supply chain management is being fueled by consumer demand, profitability, and visibility. In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. as a tornado struck a town in Kentucky in December 2021, workers at.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints is India’s leading paint company and ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of Rs193.50 billion ($2.2

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Sourcing Supply Chain Planning Software 130

QAD

DECEMBER 8, 2022

A May 2021 Executive Order from U.S. All these moving parts necessitate supply chain software risk management. While the first cybersecurity incident happened around four decades ago , supplier attacks were forecasted to quadruple by 2021. Every industry faces unpredictability on any given day.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 97

QAD

MARCH 28, 2024

In 2022, a report from Sheffield Hallam University found that every large car manufacturer was at a high risk of sourcing parts linked to Xinjiang. CBP Seizures President Biden signed the UFLPA into law on December 23, 2021. Nor do automotive companies exclusively face this problem. It has been in force since June 21, 2022.

Manufacturing Procurement 76

Manufacturing Procurement Sourcing Strategies Material Savings Malaysia 76

Supply Chain Matters

DECEMBER 13, 2022

The stated overall theme for our 2021 predictions series was a ‘ year of renewal’ where new thinking, definition and directions would be addressed for what is required in a “ new normal ” of business. In April, economists at Goldman Sachs indicated that supply chain resilience had become a top-of-mind topic for manufacturers and retailers.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

ivalua

JULY 21, 2021

Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management, and competitive bidding capabilities to our team,” says Rob Vislosky, Chief Supply Officer of REV Group. “We ABOUT REV GROUP, INC.

Sourcing Strategies 130

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QAD

JUNE 2, 2022

However, a 2021 BearingPoint Procurement Pulse Check indicates that the main drivers are regulatory with 85% of respondents that this is the primary reason for implementing sustainable procurement practices. This Supply Chain Due Diligence Act was approved in July 2021 and is planned to take effect on January 1, 2023.

Manufacturing Procurement 95

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 95

Logistics Viewpoints

OCTOBER 10, 2022

, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

QAD

SEPTEMBER 15, 2021

Supply chain management plays an important role in the overall success of a business, especially for the manufacturing industry. Manufacturers rely on partners and vendors to supply them with the right type and amount of resources at the necessary time to keep production moving according to schedule.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 52

Supply Chain Matters

JULY 11, 2023

Improved Operational Performance Earlier this month, EV automotive and parcel van start-up producer Rivian Automotive announced that in the latest quarter, the EV maker produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period. billion in 2021. and Europe.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

QAD

FEBRUARY 3, 2022

Adoption of Digital Technologies in Life Science Manufacturing. Jennifer: Can you tell us some of the things you’re seeing today and how digital technologies are being adopted to support manufacturing, supply chain and enterprise collaboration? We were manufacturing for a particular region, we were vertically integrated.

Research 91

Research Manufacturing Procurement Trends Supply Chain Planning Software 91

QAD

JUNE 28, 2022

And, also served as a wake up call across the manufacturing and other industries, not just the textile and garment segment. In the early 2000s, Apple faced massive criticism based on a number of suicides at their Foxconn outsourced manufacturing sites, primarily thought to be driven by poor woking conditions.

Cost Reduction Strategies 91

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 91

Supply Chain Matters

JANUARY 30, 2023

In turn, industry wide demand for previously ordered new aircraft has come to life, but ongoing supply chain and supplier network scaling-up challenges continue into 2023. Both of these manufacturers will be reporting both Q4 and total 2022 financial performance over the coming weeks, along with their key suppliers.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Industrial Industry 52

Supply Chain Game Changer

OCTOBER 4, 2022

Our 2021 All Star Seasoned Leadership in Action Interviews! Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe.

Logistics Network Optimization Software 90

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Supply Chain Matters

DECEMBER 9, 2022

This report links this action to the ongoing production crisis that continues to surround Foxconn’s Zhengzhou “ iPhone city ” manufacturing complex as a result of a significant worker exodus and ongoing protests. Latest Developments. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Czech Republic 52

Czech Republic Manufacturing Procurement China Sourcing Strategies 52

Supply Chain Matters

MAY 31, 2022

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. Rivian acquired the former Mitsubishi Motors automotive assembly production facility in Normal, Illinois which began production operations in September of 2021.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Bristlecone

MAY 19, 2021

In 2021, supply nodes are globally dispersed, spanning geographies, time zones, legal structures and business environments. Common questions like deviations in purchase orders and supplier-managed inventory were also discussed. Global supply chains have become increasingly complex. This webinar is now available on-demand.

Real-time Visibility 52

Real-time Visibility Supply Chain Network Software Supply Chain Planning Software Network Optimization 52

Supply Chain Matters

OCTOBER 31, 2022

CEO Guillaume Faury indicated the aerospace manufacturer delivered a solid nine-month performance in a complex environment that included an ongoing “ fragile supply chain.”. based aircraft manufacturer generated $2.9 Financial Performance. billion. On a positive note, this U.S. Closing Thoughts.

Supply Chain Performance 59

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Supply Chain Game Changer

APRIL 19, 2022

Our 2021 All Star Seasoned Leadership in Action Interviews! I received my Mechanical Engineering degree and minor in Management Sciences from the University of Waterloo which led to my initial career at Magna International in manufacturing and supply chain and subsequently to a Sr. Subscribe Here! Email Address.

Material Savings 85

Material Savings Resource Reduction Cost Reduction Strategies Manufacturing Procurement 85

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. It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. 10 inventory management for 2022: 1.

Inventory Management Software 80

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

Supply Chain Matters

AUGUST 25, 2023

percent decline in Boeing shares in after-hours trading which is yet another reinforcement that troubling news related to a specific manufacturer or industry supply networks often leads to investor and key airline customer concerns. The news of the glitch led to a 3.4

Aerospace 52

Aerospace Modeling Report Quality 52

Supply Chain Matters

MARCH 28, 2022

The report specifically indicates: “ VW’s resilience effort includes strategies to shore up access to components and raw materials and shorten supply chains to make its regional businesses less dependent on faraway suppliers, according to senior executives at the company.”.

Material Savings 59

Material Savings Supply Chain Strategy Sourcing Strategies Cost Reduction Strategies 59

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. What is 4PL? What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. The pandemic should have caused a fundamental shift in thinking in regard to inventory management. Conclusion. All Rights Reserved.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Matters

DECEMBER 14, 2022

In line with prevailing economic forecasting, readers should anticipate continued uncertainty of global markets and the actual likelihood of various regional economic and manufacturing recession conditions in the coming year. By all accounts, there remain a lot of uncertainties and many potential downside risks. Global Economic Themes.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

ivalua

FEBRUARY 17, 2021

February 17, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year in 2020. A focus in 2020 was on helping organizations better manage their Covid-19 response, when resilience and rapid value became top priorities for many, and prepare for restoring growth.

Manufacturing Procurement 49

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software South America 49

Supply Chain Matters

MAY 26, 2022

The second aspect of this movement are media reports indicating that Apple has informed its major contract manufacturers that is wants to boost product sourcing outside of China , preferably India or Vietnam. These concerns involve not only manufacturing and supply networks but also technology, real estate and private equity investments.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Manufacturing Procurement 52