Supply Chain Matters

JULY 20, 2022

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supply chains published at the beginning of 2022. economy in 2022 have been ratcheted down to just over 2 percent. Economic Outlook Significantly Changed.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

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QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. As a result, data query is fast.

Optimal Sourcing 337

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Supply Chain Shaman

OCTOBER 13, 2022

Investments in Data-Driven Capabilities May Not Yield Better Decisions. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. The reason?

Supply Chain Planning Software 217

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Supply Chain Game Changer

MARCH 9, 2022

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.

Optimal Sourcing 108

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Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. The July 2022 J.P. The July 2022 Manufacturing ISM© Report on Business reported the lowest PMI value since June 2020.

Manufacturing Procurement 99

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Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 192

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Supply Chain Shaman

AUGUST 18, 2022

They had never been in the same room to discuss demand holistically from sales teams to procurement. We will display the images of the different rivers at the Supply Chain I nsights Global Summit and Blaze 2022.) In addition, the company, like most, has a lot of outside-in-demand data that is not used. I find them fascinating.

Supply and Demand 251

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Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

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American Global Logistics

DECEMBER 7, 2022

On a daily basis, these changes facilitate agility that quick, data-based decisions enable to avoid or mitigate unforeseen disruptions. The new model being developed in 2022 is customer-centric and strategic in outlook and planning. We’ll look back to events in 2022 that show this transition and transformation in the making.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

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Freightos

JANUARY 15, 2024

This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year. He’s obsessed with marketing, data storytelling (it’s a thing!) Despite this, there’s a wave of optimism for 2024 sweeping across importers and exporters.

Negotiating Skills 290

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 290

Enterra Insights

OCTOBER 11, 2022

Armed with more data than ever before, they’re able to run ‘what-if’ simulations to determine the optimal decision in response to actual market conditions, such as sudden demand shifts or short-term shortages of product.”[2] “In 2022,” she explains, “I frequently ask companies to draw their river of demand.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. I also share data to try to convince you to join a guiding coalition to think bigger. Sales data has the greatest bias and error due to bonus incentives. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Don’t believe me?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

Supply Chain Planning Software 130

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Supply Chain Matters

FEBRUARY 1, 2023

As businesses report their financial performance for the 2022 final quarter and full year, Supply Chain Matters highlights select bellwether firms that we consider a relatively good indicator of anticipated 2023 industry supply chain challenges. For the quarter that ended on December 31, 2022, the company reported KRW 70.5

Electronics 59

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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. Commentary related to January’s PMI and logistics data can be accessed at this web link. Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

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Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Matters

JUNE 14, 2022

The Supply Chain Matters blog highlights two additional May 2022 indicators of supply chain volatility as well as logistics services trending. In an update published earlier this month, we highlighted various quantitative data related to global and regional supply chain PMI indices for May. Regarding the latter, the U.S.

Supply Chain Planning Software 52

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

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Shaman

SEPTEMBER 27, 2021

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Embrace Disparate Data.

Supply Chain Planning Software 321

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Supply Chain Matters

SEPTEMBER 3, 2022

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. The August 2022 J.P. The August 2022 Manufacturing ISM© Report on Business reported an August value of 52.8, Global Wide Production Activity.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

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

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Supply Chain Matters

DECEMBER 1, 2022

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. Global Wide Production Activity. slipping 0.6

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Matters

JUNE 17, 2022

A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. 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. percent, compared to 9.7

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. That’s why it’s important to have an objective view of what’s happening to supply chain tech in 2022 and what it means for your organization’s future. The Foundation of Supply Chain Tech: The Supply Chain as a Service Will Get Bigger.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

Supply Chain Matters

OCTOBER 4, 2022

The September 2022 J.P. Commenting on the September data, Bennett Parrish, Global Economist at J.P. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Global Wide Production Activity. percentage points higher. compared to value of 49.4 reported for August.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

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

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Profitability objectives are paramount, but inventory overhang remains a significant challenge.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Logility

JULY 14, 2022

ATLANTA, GA (July 14, 2022) – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022. supply chains.”

Logility 173

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Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. Names included in this edition include: RightHand Robotics.

Supply Chain Planning Software 52

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values. and European businesses in the coming months.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52