The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Many companies buy forward inventory ahead of tariffs being implemented. This practice is illegal. Operational strategies. Buying forward. Relocating production from China.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. The February 2022 Manufacturing ISM© Report on Business reported a value of 58.6, Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks. Bob Ferrari.

Inventory Reduction 52

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Supply Chain Matters

APRIL 7, 2022

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. .

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. Digital Twins for Inventory and Supply Planning. The company aims to use the technology to improve store and inventory planning and management and improve product availability so customers can be confident of getting what they want when they want it.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 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

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

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. LogiSYM Supply Chain Magazine – September 2022. This is the realm of the logistics professional.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

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. percent according to this same source.

Manufacturing Procurement 52

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Logistics Viewpoints

AUGUST 12, 2022

Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. Exports of strawberries, immensely popular in Asia, also increased by 29.7

Logistics Network Optimization Software 227

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ivalua

SEPTEMBER 14, 2022

Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua. About the research. About Ivalua.

Supply Chain Planning Software 130

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Supply Chain Matters

FEBRUARY 25, 2022

That adds to the uncertainties in product demand planning for the remainder of 2022. merchants held a total of nearly $643 billion in inventories, described as being below pre-pandemic level, while the closely watched inventory to sales remained near its lowest point in 30 years. The report observes that in December 2021, U.S.

Supply Chain Planning 40

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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

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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

SEPTEMBER 21, 2022

He has lived and held leadership roles in Europe , Asia and the U.S. We explore the relationships of senior procurement leaders with an organization’s C-Suite executives, and perspectives on the role of sourcing and procurement transforming itself to be a stakeholder in enabling business strategies. over the course of his career.

Manufacturing Procurement 109

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NC State SCRC

OCTOBER 5, 2022

The conflict in the Ukraine is expected to continue throughout 2022, and will likely be a contracted conflict that will continue for perhaps five years or more. The EU economies will also be hit, especially Germany and Eastern Europe as we go into winter in 2022. The forecast is that the EU GDP growth will be reduced by 1.3 Not likely.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Supply Chain Matters

SEPTEMBER 29, 2022

Today, financial and other media have been highlighting a published report by Bloomberg , citing sources familiar with the matter, indicating that Apple is backing off plans to increase planned production of the new iPhone14. Inventory management and resource planning will remain a key concern. Development. percent this year.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

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

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

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. That was the classic inventory bullwhip effect, alive and well.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

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. Samsung follower SamMobile.com reports that Samsung is boosting its use of domestic Korean sources for expandable components in semiconductor manufacturing.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

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. and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. onshore presence. Bob Ferrari.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

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. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Bob Ferrari. All rights reserved. .

Manufacturing Procurement 59

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

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

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

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Better demand sensing, shifts in customer behaviours, predictive/prescriptive case studies, shift in inventory stocking strategy and customer service. Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Manufacturing Planning.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Matters

JULY 15, 2022

Sourcing was both a cost as well as landed cost decision factor. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions. The move was communicated as a means to boost market share and to gain access to domestic sources of manufacturing capability.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Billion US Dollars), followed by Europe and potentially Asia.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Implication: the best-case scenario I see for the price of finished goods is that their prices stay relatively unchanged from the 3rd quarter of 2022….we That means that repair may take longer than you think.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

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

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

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.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Taulia

MARCH 15, 2023

Russia’s invasion of Ukraine compounded this difficult situation in early 2022. in November 2022 3. in the year to December 2022, compared with 5.4% Post-Ukraine energy prices are, of course, a key factor, with the UK a significant net importer of energy, and they no doubt played a role in sustaining inflation throughout 2022.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

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. Source: S&P Global and Other Sources. The July reported value of 48.7 was slightly lower than the 48.8

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

It is prime time for visibility / inventory management tools and outsourcing. Source: US Census Bureau. Asia rising and connected regional platforms. The rise of Asia has contributed to today’s geopolitical tensions and misalignment. But Asia will continue to grow as a manufacturing base and consumer market.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain 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

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