Synovos

NOVEMBER 10, 2023

This achievement is further heightened, as the criteria for attaining the platinum standard in 2023 are even more rigorous than in previous years. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million. For more information, please visit [link].

Eliminating Excel in Purchasing 105

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crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. As the retail industry prepares for the 2023 holiday season, it’s clear that this year will again diverge from the pre-pandemic norm.

Waste Reduction 52

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Supply Chain Matters

OCTOBER 20, 2023

Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. Continuing vehicle price cuts across the board have taken a toll without corresponding manufacturing cost decreases. percent operating margin in the latest quarter. All rights reserved.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

SCMDOJO

DECEMBER 28, 2023

According to our State of Manufacturing Report for 2023, 85% of surveyed companies have already integrated AI solutions, with supply chain management functions expected to be impacted by 45% of them. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

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Supply Chain Matters

MARCH 22, 2024

We do so in the lens of supply chain management and manufacturing. While such an application might have been effective, and Procter and Gamble might have been pleased, it is not in conformance with the approved manufacturing process instruction specification for the aircraft. That was up from a reported 10 percent in 2013.

Quality 59

Quality Manufacturing Procurement Alaska Aerospace 59

Supply Chain Matters

JULY 28, 2023

In conjunction with the company’s report of disappointing Q2-2023 financial performance , TSMC has elected to push back the start of a planned $40 billion U.S. When semiconductor manufacturing first exited the U.S. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Sourcing Strategies 52

Sourcing Strategies Taiwan Manufacturing Procurement Expense Reduction 52

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. My forecast is a lumpy road to 2023 and port-related supply chain disruptions for at least a year. My reasoning?

Supply Chain Design Software 251

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IQMS

AUGUST 9, 2019

by 2030 according to Gartner. By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing. provide valuable insights into how blockchain can improve supply chains and manufacturing. no opt-in).

Manufacturing Procurement 48

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QAD

MARCH 7, 2023

Tesla unveiled their “Master Plan 3” on Wednesday, March 1, 2023 at their investor day. EV vs ICE Tesla’s plan is to scale to produce 20M cars per year by 2030. The expected size of the overall manufacturing facility should shrink by 40%. By “investor,” they meant stakeholders in planet Earth. How Can Tesla Do This?

Price Reduction 94

Price Reduction Supply Chain Planning Software Cost Reduction Strategies Resource Reduction 94

MIT Supply Chain

NOVEMBER 13, 2023

Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. The emergence of just-in-time manufacturing, other business models, and globalization were among the drivers reshaping the business landscape. Another force for change in 2014 that looms large today is the aging of populations.

Supply Chain Planning Software 97

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Supply Chain Matters

AUGUST 9, 2023

Since its introduction in 2016, the innovative Pratt GTF has been dogged by a series of reliability and manufacturing quality issues. In the specific case of the Airbus A320 neo narrow aisle family, backlogs now extend to the year 2030. Initially, problems centered on metal composition of the engines, complex turbo fans.

Supply Chain Design Software 52

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Supply Chain Matters

NOVEMBER 14, 2023

Seasonal Holiday Hiring At Its Lowest Levels Following up on our Supply Chain Matters posting highlighting the National Retail Federation’s (NRF) November 2023 holiday spending forecast , The Wall Street Journal reported this week ( Paid subscription ) that the number of U.S. Delivery of these innovative vans began in July 2022.

Supply Chain Design Software 52

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Logistics Viewpoints

JUNE 6, 2022

Unilever is one of the world’s largest food manufacturers. Oracle has set a target to achieve net zero emissions by 2050, and to halve their greenhouse gas emissions across their value chain by 2030. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

Resilinc

NOVEMBER 1, 2023

And importantly, The EU’s new series of proposed targets and reforms, contained in its Green Deal Industrial Plan, aims to ensure that at least 40% of the EU’s low-carbon technologies will be made within its borders by 2030. from 2023 to 2030. billion in 2022.

Alloy 58

Alloy Material Savings Price Reduction Purchasing Skills 58

Resilinc

AUGUST 1, 2023

The EU Deforestation Regulation (EUDR), adopted on June 29, 2023 , will prevent companies from placing commodities linked with deforestation and forest degradation onto the EU market. From June 29, 2023, operators and traders will have 18 months to prepare and abide by these new regulations. The EUDR has three major goals.

Supply Chain Planning Software 62

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Supply Chain Matters

AUGUST 29, 2022

Construction is expected to begin in 2023 with volume production expected by the end of 2025. Honda itself previously announced plans to produce 30 vehicle models by 2030 and is partnering with U.S. The Journal report indicates that the $4.4 based automaker General Motors and Sony in joint development of these models.

Supply Chain Planning 52

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Enterra Insights

SEPTEMBER 20, 2022

Recent reports from the UN state that the world is not on track to reach its goal of zero hunger by 2030. New technologies and management practices will be needed to build resiliency and reliability within a GAVC and Food Security ecosystem of nations, growers, manufacturers, retailers, logistics providers and consumers of all kinds.

Food 130

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Supply Chain Matters

APRIL 13, 2023

Our commentary reiterated that over the last three years there were reports indicating that Apple was instructing its contract manufacturers to begin evaluating and seeking out new hardware sourcing outside of China , specifically India and Vietnam , with the former garnering the most attention. All rights reserved.

India 52

India Manufacturing Procurement Sourcing Strategies Report 52

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Set a science-based target by end of 2023. And finally, convert PepsiCo’s portion of the electrical load to renewable electricity by the end of 2023. PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 188

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QAD

JULY 7, 2022

Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . The concept of ethical sourcing has risen in popularity during the past four years.” . Let’s break it down.

Purchasing Skills 98

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Cathy Roberson

SEPTEMBER 12, 2022

I spent time at the conference listening to members’ research needs and, best of all, their willingness to share data so that we can size the total, global, and regional returns market, figure out the average returns volume by type of business (retailer, manufacturer, etc.), We are on track to reduce our carbon emissions 75% by 2030.

Reverse Logistics 52

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Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. billion in 2023. billion by 2030. Everything’s connected—your engineering, manufacturing, and quality teams. billion to $855.62

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. The United Nations, US Government, European Parliament, and global business coalitions such as the Consumer Goods Forum, have all set goals to cut food loss and waste in half by 2030.” The post Stop Food Waste Day 2023 first appeared on Enterra Solutions.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Logility

AUGUST 31, 2022

It probably won’t see legislative action again until 2023, but it’s not going away. California already passed the Garment Worker Protection Act, requiring hourly wages for garment workers, and will penalize both manufacturers and brands for illegal pay practices. Meanwhile, new regulations are on the horizon.

Logility 130

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USC Consulting Group

MAY 22, 2023

According to the Association of Equipment Manufacturers , the lack of knowledge transfer when an experienced worker retires can cost individual companies $47 million per year “due to time wasted, missed opportunities, frustration and delayed projects.” But, it’s not just a manufacturing issue. They still are.

Buyer Training 40

Buyer Training Purchasing Training Price Mitigation Strategies Training 40

Locus

DECEMBER 22, 2021

Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- The driver shortage in the US could surpass 160,000 in 2030 and it was estimated to be around 80,000 this 2021. The number of delivery vehicles on the road will increase by 36% between 2019 and 2030 (top 100 cities globally).

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

QAD

JULY 18, 2023

Change is coming whether we like it or not, and it’s usually something I welcome in manufacturing. Recently, I had the opportunity to chat with Sam Gupta , Principal Consultant at ElevatIQ and the host of “The Voice of ERP” series, to discuss this very topic and how the right ERP solution can help manufacturers prepare for tomorrow, today.

Manufacturing Procurement 94

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DELMIA Quintiq

AUGUST 22, 2019

IoT devices are the front line of this data collection process in manufacturing environments, customer service departments as well as consumer products in people’s homes. Peter Diamandis have predicted that we will have full digital integration between humans and computers by the year 2030.

Predictive Analytics Software 231

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Supply Chain Matters

MARCH 3, 2023

Investor Event and Master Plan 3 Tesla conducted is annual investor event this week at its Austin, Texas facilities and unveiled “ Master Plan Part 3 ” which aims toward becoming the largest automaker by volume by 2030. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Nevada Texas 52

American Global Logistics

AUGUST 8, 2023

Take the turmoil and demise of Yellow This 99-year-old company shut down operations on July 31, 2023, in preparation for filing for Chapter 11 bankruptcy. Major manufacturers like Daimler, Volvo, and Tesla are rolling out electric models. This blog post will cover the trucking industry's trends, hurdles, and tangible benefits.

Industrial 52

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Logistics Viewpoints

APRIL 28, 2023

FedEx and UPS enacted higher rate increases for 2023 versus the previous year, which they attributed in part to inflationary pressures. fleet by 2030 and is building infrastructure to support that commitment. percent by 2030. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release.

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

ToolsGroup

APRIL 1, 2022

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Consultancy UK). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

MARCH 21, 2023

The Connected Workforce movement’s human-centric approach to business isn’t new, but skilled workers are becoming harder to come by, especially in manufacturing. By 2030, as many as 2.1 million manufacturing jobs may sit open and could become a $1 trillion problem for industry. More than 2.5 Enabling Industry 5.0

Demand Planning Software 95

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BlueYonder

SEPTEMBER 19, 2023

TMS adoption is growing rapidly for manufacturers, retailers and logistics service providers (3PLs, 4PLs and 5PLs) — as well as the carriers they partner with. billion by 2030. billion by 2030, reflecting an annual growth rate of 13.2%. Today, the worldwide TMS market is growing at 14.8% annually and is expected to reach $31.18

Logistics Network Optimization Software 77

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Logistics Viewpoints

OCTOBER 28, 2022

Amazon in the news: Amazon, Hawaiian Airlines gear up for 2023 launch of Airbus freighters. Apple calls on global supply chain to decarbonize by 2030. That one is probably not a record he was hoping to break. And now on to this week’s logistics news. Amazon to double Europe EV fleet by 2025.

Logistics Network Optimization Software 194

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Logistics Viewpoints

JANUARY 27, 2023

That effect may be multiplied further in 2023 due to China’s recent decision to lift its harsh “Zero covid” isolation and quarantine rules, freeing citizens to travel again to celebrate the “Year of the Rabbit” after years in lockdown. Speaking of EVs, the global auto industry has committed $1.2

Logistics Network Optimization Software 216

Logistics Network Optimization Software Logistics Supply Chain Design Software Supply Chain Planning Software 216

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59