The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. LogiSYM Supply Chain Magazine – August 2022.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MARCH 23, 2022

East Coast ports in transit from Asia will surge to a new record high in the coming months. The report cites data indicating that the volume of Asia-East Coast routings is expected to reach 889,000 TEU ’s by the month of June, up 40 percent from 2021 full-year average routings. Stated drivers of the changed routings from Asia to U.S.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

OCTOBER 4, 2022

The September 2022 J.P. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 in September from a 51.7

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Supply Chain Matters

SEPTEMBER 21, 2022

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. He has lived and held leadership roles in Europe , Asia and the U.S. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. over the course of his career.

Manufacturing Procurement 109

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Supply Chain Matters

SEPTEMBER 9, 2022

A published report by Nikkei Asia (Paid subscription or metered view) reports that manufacturers and suppliers located in the Chengdu and Shenzhen areas of China are once again impacted by a new round of population shutdowns manifested by the country’s zero tolerance Covid-19 infection policies. All rights reserved. .

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Resilinc

JULY 26, 2022

For high-tech OEMs such as Apple, Samsung, Sony, Dell, and other top makers of electronics gear, the first half of 2022 has been a wild ride. Nikkei Asia questioned why Samsung’s announcement that it was making 3nm chips lacked clarity about customers. While reporting 76% YOY growth in profit and 43.5%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

SEPTEMBER 17, 2022

We wanted to alert our Supply Chain Matters readers to an upcoming podcast that will be of benefit to many strategic sourcing, planning, product development and procurement professionals. I had the opportunity to interact with Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 59

Supply Chain Matters

JUNE 7, 2023

percent in 2022. On a regional scale, the bank anticipates that growth among emerging market and developing economies will diverge this year, picking up in East and Central Asia , Pacific as well as Europe while moderating in all other regions, particularly Latin America , Middle East and North Africa countries. percent in 2022.

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 74

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Investments in Transportation solutions is imperative. Foreign trade policies are weakening.

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. percentage points higher than the average value of Q4-2022 which was 48.9. as contrasted with the Q4-2022 average quarterly value of 49.5. percentage points below the Q4-2022 average of 49.2. but represented 0.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

AUGUST 4, 2022

Noted is that at the onset of the second half of 2022, the elephant in the room remains high inflation. The question is posed as to whether actual shipping demand will align with this capacity, given the current state of excess inventories and fully utilized warehouse space in the S. and Europe. Bob Ferrari. All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

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Supply Chain Matters

DECEMBER 13, 2022

Current Year 2022. The basis of our Ferrari Consulting and Research Group 2022 Predictions for Industry and Global Supply Chains in 2022 was the theme of ‘ Reexamination ’ which was a spillover of the escalation of global wide disruptions, supply chain driven cost inflation and critical parts shortages leading to lost revenue growth.

Manufacturing Procurement 52

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

Supply Chain Matters

MAY 23, 2022

In an update published in early April, we highlighted for readers both March and Q1-2022 various published global production and supply chain indices. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility. Warehouse inventory levels are noted as remaining quite high.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Matters

JULY 18, 2023

We pointed out that in 2022, more U.S. In early April 2022, economists at Goldman Sachs indicated that supply chain resilience was a top-of-mind topic for manufacturers and retailers and observed that three main strategies were being undertaken. For those businesses located in the U.S.,

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Matters

SEPTEMBER 29, 2022

Nikkei Asia , citing multiple informed sources at the time, reported that Apple was internally prioritizing allocation of key processors toward iPhone 13 production output at the expense of Apple iPad and older iPhone models. Inventory management and resource planning will remain a key concern. percent this year. Bob Ferrari.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

Supply Chain Matters

MARCH 2, 2023

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. increasing 3.2

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Matters

MARCH 29, 2022

While the company does outsource manufacturing and component needs across Asia, there has also been a commitment toward maintaining some U.S. While this footwear producer still maintains a supply network that stretches to Asia , these local facilities have supported a strategy for leveraging and promoting a U.S. onshore presence.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Supply Chain Matters

APRIL 1, 2022

New COVID variant outbreaks occurring across broader areas of China, leading to added restrictions and material movement disruptions, now becoming more concerning both for industry supply chains, and for China ’s stated GDP goals for 2022. Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Make sure you have an accurate idea of lead times in relation to your production and procurement processes. Let’s get into it. What is the upstream supply chain?

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

ThroughPut

OCTOBER 13, 2021

billion by 2022. Statistics around other developing economies in Southeast Asia and Latin America show similar trends on the verge of wide-scale growth. At the Demand Fulfilment Stage: A transparent supply chain establishes opportunities for added inventory in the cement industry early on. Green Building Mandates.

Supply and Demand 52

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Supply Chain Matters

SEPTEMBER 17, 2022

In addressing this quarterly shortfall, newly appointed FedEx CEO Raj Subramaniam pointed to the following factors: A $500 million shortfall for the Express business unit as a result of unexpected volume weaknesses experienced from Asia and European shipment activity. That is not performed by spreadsheets or the back of a napkin alone.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Matters

AUGUST 15, 2022

Inventory Glut of Bicycles. In retrospect, they collectively ordered too much finished goods inventory from offshore supply sources. Cited are interviews with dealers who indicated multiple lost sales during the initial lockdown periods, because of not having any new bikes in inventory. West Coast were in excess of 200 days.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Further indicated was: “ whether or not we have hit bottom of rates is unclear.” Imports among the U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Export business reportedly decreased for the second straight month and at the fastest rate since March 2022.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. However, there were not enough containers in Asia to export goods to the U.S. Trucking capacity also became scarce, with spot rates rising. Toward the second half of 2020, demand for imports began to grow.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

American Global Logistics

JULY 14, 2023

The services industry, which is much larger than the goods sector, has started a potential wage-price spiral through pay raises granted in 2021 and 2022. Pressure on Taiwan, expansionist moves in East Asia, and the government's "common prosperity" goal can impact supply chains serving these markets.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Supply Chain Matters

JULY 15, 2022

Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions. The company lacked visibility to inbound inventory and a third-party logistics provider’s tracking systems were not aligned to Peloton ’s customer service support needs. Change of Leadership and Overall Business Strategy.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

AUGUST 3, 2023

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of a sharp downturn occurring across the Eurozone and added signs of weakness across Asia. The July reported value of 48.7 was slightly lower than the 48.8 for June, which now reflect a seven-month low. from the 44.8

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Matters

MAY 9, 2023

Ocean container transport costs as reflected by The World Container Index increased in excess of 134 percent from 2020 to 2021, with the cost of shipping a standard container from Asia to the U.S. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

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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. Cotton production in India could dip 4% from 2021, down to 34 million bales in the 2021/2022 marketing year. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

DynaSys

DECEMBER 8, 2021

The goal with production restart was not to produce too much of the wrong inventory. These difficult events allowed us to extend our S&OP with the materials procurement department, which is now a strength. Does it mean you have included the sourcing and procurement departments in your global S&OP meetings?

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

ShipBob

MAY 19, 2022

trillion in 2022, with year-over-year growth of 12.2%. By leveraging these fulfillment centers, merchants can store their inventory closer to the customers, which allows them to keep the cost of global shipping low while ensuring faster deliveries even to international customers. The future of international ecommerce.

Global 52

Global Supply Chain Planning Software Negotiating Skills Supply Chain Network Software 52

Supply Chain Game Changer

JANUARY 18, 2022

This paradigm has driven an incredible the movement of a tremendous amount of production to lowest cost regions such as Asia. Countries like China, India, and most other Asia countries, along with Eastern Europe and Mexico became the preferred location for manufacturing. Moving work from Asia back to the U.S. based companies.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93