Supply Chain Matters

MARCH 6, 2024

At the time, reports had indicated that this MOU agreement included the capacity to produce upwards of 250,000 vehicles annually. Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

Supply Chain Matters

FEBRUARY 5, 2024

Outlook for 2024 According to the company’s financial performance press release , ongoing macroeconomic uncertainties are expected to weigh on the business environment in the near-term. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover. All rights reserved.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Supply Chain Matters

JUNE 15, 2023

Earlier this month, the company broke ground for a $65 million expansion of the existing manufacturing facility located in Skowhegan, Maine , which will double the capacity of this facility by the end of 2024. sourcing product development and production strategy.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 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. Suppliers continue to have capacity.” percent in 2024. down from the 49.2 This index rose from 49.8

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JUNE 8, 2023

After revising both previously reported Q4-2022 and Q1-2024 GDP data, the European statistics agency Eurostat reported today that the combined 20-nation GDP for euro sector fell at annualized rate 0.4 Industry supply chain management and integrated business planning teams need to be diligent in their planning of resources and global capacity.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. The industry will likely not know the answer until 2024. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Suppliers continue to have capacity. Continued Contraction Levels for the U.S. Prices are generally stable.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

ThroughPut

MARCH 28, 2024

billion in 2024. Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

ToolsGroup

FEBRUARY 7, 2022

Data source: eMarketer. or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Image source: Bring Me the News. Maximizing sales with this method requires accurate modeling of demand to ensure you have enough inventory to ship to stores.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Matters

MAY 3, 2024

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Suppliers continue to have capacity but work to improve lead times, due to their raw material supply chain disruptions.” The April reading of 50.3

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Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

BlueYonder

DECEMBER 14, 2023

This year, the room was near capacity, and the number of companies represented was at a record level. Micron has transformed its processes and relationships with customers and suppliers and used Blue Yonder’s Supply Planning and Inventory Optimization solutions to make its supply chain a competitive advantage.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 72

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. Sector profitability is set to hit bottom in second half 2023.”

Agile and Lean Supply Chain 78

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

Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. Firms reportedly attributed the upturn in production to companies increasing workforce and capacity. Suppliers continue to have capacity. The reported September PMI reported value 49.1

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. Despite carrier hopes, peak season 2023 is starting to look like a bust. YoY Volume Lapses Worry Air Cargo Companies. Outpacing Competition, DHL Announces 7.9% account holders by 7.9%.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Proxima

AUGUST 3, 2020

billion by 2024. System developers should be the first source of data and research for both buyers and suppliers. Warehousing pressures: will there be a lack of capacity? The same is true for domestic US markets, according to Johnathan Foster, Sourcing Director at Proxima Group.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

Supply Chain Matters

FEBRUARY 14, 2024

Specific capabilities include production planning and scheduling, order slotting and sequencing, transportation capacity planning, vehicle routing and scheduling, all on an API-based microservices architecture. billion market valuation based on 2024 revenue expectations. while securing a $5.4 All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52

American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Agile and Lean Supply Chain 52

ThroughPut

JANUARY 4, 2024

Prominent sources of bottlenecks include: Subpar Maintenance Planning occurs when machinery cannot meet demand due to technical issues or incapacity to function at the needed velocity. Constrained Capacity emerges when labor is insufficient to satisfy demand. The post Bottlenecks in Manufacturing – How to Solve Them in 2024?

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction Strategies 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

FEBRUARY 3, 2023

Earlier this week, the company announced that it grew its renewable energy capacity in 2022 by 8.3 The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm. GW of energy to create a reaction in the flux capacitor to send Marty McFly back to the year 1985.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. billion between 2022 and 2024.

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

Supply Chain Matters

APRIL 18, 2024

Drugs such as branded Wegovy remain in short supply, while the advertising of the drug for weight loss continues non-stop across multiple media outlets, which results in added patient demands that in-turn, can lead to added shortages of drug ingredients and production capacity needs. in regions such as China , India or other countries.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Supply Chain Matters

JULY 20, 2023

Bloomberg ’s reporting, in addition to margin performance, focused in-part on the trend toward higher finished vehicle inventories. Noted was that the EV maker has 16 days of global wide inventory, up from 15 days in Q1 , and 4 days in the year ago quarter. Similar concerns are expected with this expansion petition.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Expense Reduction 52

Supply Chain Matters

MARCH 13, 2023

Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. There are further planned factory shutdowns to help boost capacity for consumer vehicles.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024. Louis and St.

Supply Chain Planning Software 78

Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

OptiProERP

SEPTEMBER 10, 2021

billion by 2024.” Each module is integrated into the system to ensure a single source of accurate data in the organization. Inventory Management . Inventory Management. Inventory Management allows manufacturers to gain real-time inventory information and manage all aspects of the business on one platform.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 96

Supply Chain Matters

NOVEMBER 10, 2023

The next batch of 600-700 engines will reportedly require unscheduled inspections and/or removals in the 2023 through 2026 period, with reportedly two-thirds weighted toward this year and into early 2024. The implication of this plan is estimated to imply 650 global aircraft grounded during this peak period.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Manufacturing Procurement Supply Chain Planning 52