Resilinc

JANUARY 31, 2023

Resilinc has announced the top five moving factors that shaped the markets in 2022 for the commodities tracked by Resilinc’s CommodityWatchAI. 1 Manufacturing Disruptions The biggest news in CommodityWatch AI ’s 2022 data is that Higher Consumption played a much smaller role in 2022 than it did in 2021.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

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 think back on demand forecasting and warehousing management. Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

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

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

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

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

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. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Supply Chain Matters

SEPTEMBER 9, 2022

The report, citing two informed sources, specifically indicates that between 30 percent and 50 percent of Foxconn’s and Jabil’s planned production output in August were affected by electrical power rationing. More to the point, reports indicate that 2023 sales are forecasted to grow a mere 4.6 percent according to this same source.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Planning Supply Chain Software 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Tight coupling of the supply chain forecast to the financial forecast will improve value. We source this data from Y charts. Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. A total share buy-back program amounting to $10 billion was approved at the company’s annual meeting held in March 2022. .

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

Supply Chain Matters

JUNE 7, 2023

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent forecasted at the beginning of this year. percent in 2022. percent in 2022. China is now forecasted to grow 5.6

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

Supply Chain Matters

OCTOBER 25, 2022

Rather, the plan seems to be the production of 90 million iPhone14 units which was in-line with Apple’s original forecast this summer. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators. Gulf or East Coast ports of entry.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. be able to service key regions and markets.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Enterra Insights

AUGUST 15, 2023

For example, business journalist Liz Young reports, “Retailers are turning to new technology and greater use of data across their supply chains in an effort to fix forecasting tools that were effectively splintered during the Covid-19 pandemic.”[3] ”[3] Ihnatchyck suggests five other ways AI can benefit retail supply chains.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

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. and L.I.N.K.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Supply Chain Matters

NOVEMBER 7, 2023

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. The net result was that global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

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. 2 November 2022. 24 11 2022. <[link]. 30 November 2022. <[link].

Agile and Lean Supply Chain 78

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

Supply Chain Matters

MARCH 7, 2022

We often cited major S&P and other indices of forecasts for expected price trends for the coming year, only to discover during or at the end of the year that events and disruptions made such predictions generally inaccurate. Forecasting is no longer an art. Bob Ferrari. All rights reserved. .

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. World economic growth was forecasted to slow from 3.5 percent in 2024.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

MARCH 23, 2022

Foxconn Forecasts Challenging Operating Environment This Year. An added implication is cited data indicating that the average Asia-East Coast container vessel during 2020 and 2021 had average capacity levels of 9,390 TEU ’s and that 2022 ship sizes are expected to decline to 8,699 TEU ’s, thus requiring added unloading cycles.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

MAY 31, 2022

After producing a reported 2,500 vehicles in the first quarter, the company continues to be challenged by termed supply chain challenges which in March required executives to trim the prior 2022-unit production forecast in half to upwards of 25,000 vehicles this year. Stellantis Senior Procurement Leadership Change.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Supply Chain Matters

AUGUST 17, 2022

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Despite the market warning from its Chairman , Foxconn slightly rose its full year revenue forecast for the remainder of this year. All rights reserved.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Negotiating Skills Supply Chain Design 52

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. Morgan Global Manufacturing PMI® report for November 2022, a composite index produced by J.P. percent for all of 2022. Global Wide Production Activity. reported for October.

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Matters

DECEMBER 14, 2022

In our previous published Part One commentary , we summarized the challenges and action taken by industry and global supply chain during the years 2020-2022, along with the key learning. In a prior 2023 predictions focused initial blog we highlighted the IMF’s sobering economic forecast which calls for 2.7 Global Economic Themes.

Supply Chain Software 52

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

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. That is the job of the Procurement team. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage. Originally published on November 8, 2022.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. More time and energy is spent on forecasts to reduce inventory that is no longer in use. Ethical sourcing of goods. parts per million.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Matters

SEPTEMBER 29, 2022

Supply Chain Matters highlights a report indicating that Apple has once again, quickly readjusted downward its production forecast for the newly released iPhone model. Rather, the plan seems to be the production of 90 million i Phone14 units which is in-line with Apple ’s original forecast this summer. Development. percent this year.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

Supply Chain Matters

OCTOBER 5, 2022

This week, the World Trade Organization (WTO) forecasted that global trade growth will slow sharply in in 2023 after decelerating in the second half of this year. This latest forecast indicates, in-part: World merchandise trade volume is expected to grow 3.5 percent in 2022 before contracting to one percent in 2023.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Supply Chain Matters

AUGUST 10, 2023

The World Bank and the World Trade Organization (WTO) are each forecasting expected global trade volumes of 1.7 percent in 2022. Many eyes will now be focused on forecasts for 2024 and beyond. Standard forecasting and planning methods are not sufficient in such an environment. percent this year compared to 5.2

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

Supply Chain Matters

MAY 3, 2022

As noted in our Supply Chain Matters observations of global indices related to procurement and production activity for March and Q1-2022 , the data is no longer reflecting the optimism indicated in February, and now reflect that of growing headwinds and added geo-political concerns. Added Supply Chain Matters Observations and Insights.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Cognira

JANUARY 10, 2022

What we’re Excited to Discuss at NRF 2022. January 10, 2022. In just a few short weeks, Cognira will be attending NRF 2022, Retail’s Big Show, to meet with top brands and retailers, and discuss major industry trends as we head into 2022. Product transparency (ingredients, sourcing, etc.).

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Manufacturing Procurement Retail 40

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates. billion in 2022, the company estimated.”

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

SCMDOJO

JULY 29, 2022

What is Economic Order Quantity (EOQ) Equation & Graph: The basic formula is as follows: EOQ = Economic Order Quantity, C = Cost of the item, I = Annual inventory carrying cost, D = have different names: “Annual anticipated demand”, or “annual sales volume/ unit”, “forecasted demand”, and “annual usage rate”. S = Cost per order.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103