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 Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Below are three building blocks of a well-managed supply chain strategy to help you boost efficiency and lower costs. Demand Planning. Conclusion.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

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

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. So, I was stuck at the end of the strategy day with time to fill with a client that saw no reason to change. The strategy day owner was a global process center of excellence leader. The result?

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

Supply Chain Matters

AUGUST 3, 2022

The July 2022 J.P. Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The July 2022 Manufacturing ISM© Report on Business reported the lowest PMI value since June 2020. Global Wide Production Activity. The July value of 52.8 slipping 2.3 Bob Ferrari.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

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. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges.

Negotiating Skills 292

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 292

The Supply Chainer Report

FEBRUARY 5, 2022

2022 most innovative idea is not coming from aerospace, or new drugs discovery. Additionally, Inflation has began to play a critical role for procurement-inbound materials. Focus on Inventory. Use the KISS strategy. It’s as simple as that. Availability. There are mainly 3 factors. So What’s next?

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 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.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

American Global Logistics

DECEMBER 7, 2022

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. We’ll examine the remaining five next week in our final post of 2022. #1 It also led to inventory excesses. To adapt, the U.S.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

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

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. Expect write-downs, firesales, and rethinking supply chain strategies. On average, industries carry 38 more days of inventory than in 2007. I think not.

Supply Chain Planning Software 195

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

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

Supply Chain Matters

JULY 18, 2023

We pointed out that in 2022, more U.S. based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. For those businesses located in the U.S.,

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

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

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 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

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

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Matters

OCTOBER 4, 2022

We additionally noted trending indicating that many businesses were factoring uncertain product demand and supply network risks, and that was going to make industry supply chain strategies far more challenging in the weeks ahead. The September 2022 J.P. This is a significant milestone for ongoing planning and execution strategies. .

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua. About the research.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. Retailers will also have an inventory surplus because people will buy less overall, meaning they may need to lower prices to clear their excess stock–hurting their profits.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Product strategies. Operational strategies. 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.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Design an Over-Arching Strategy and Building Blocks. Build a multi-year visibility strategy. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. The traditional strategies and even some minimal e-commerce retailers faced uncertainty and a need for more technology. Taking stock of logistics trends and predictions is the best way for shippers to start the new year.

Supply Chain Planning Software 52

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

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, for February, up from 55.5 reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

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

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 Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Enterra Insights

OCTOBER 11, 2022

To help them navigate that changing landscape, Enterra ® developed the Enterra Global Insights and Decision Superiority System that can run hundreds of different scenarios in a very short time to help companies generate the right strategy in a rapidly shifting environment. ” • Manage inventory. ” • Be demand-driven.

S&OP 130

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

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

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

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

BlueYonder

OCTOBER 1, 2022

Strategic relationships, improved collaboration with logistics providers, and the possibility of bringing 3PL/4PL in-house to reduce transportation and warehouse costs and gain more control over logistics operations are all strategies to enable supply chain resiliency. This has a substantial impact on their EBITDA margins.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 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. There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. percent for all of 2022. Bob Ferrari.

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). September 2021-March 2022. March 2022-Onward.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. By analyzing vast amounts of data, retailers can uncover hidden patterns, trends, and insights that can inform their strategies and improve their operations. Transforming Inventory Management.

Supply Chain Planning Software 130

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

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

Supply Chain Matters

NOVEMBER 4, 2022

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. The October 2022 J.P. percentage points for October while the Inventories Index declined three percentage points. percent for 2022. for October, increasing 0.2

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52