ToolsGroup

MARCH 17, 2020

Use demand modeling to fine-tune demand forecasts. Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. As driving greater sustainability is a key factor in reducing risk.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Nor did Lucas understand how the increase in variability and the continual redesign of the supply chain added to the need for inventory.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Nor did Lucas understand how the increase in variability and the continual redesign of the supply chain added to the need for inventory.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SCMDOJO

APRIL 27, 2022

Design is the first step that happens in apparel manufacturing. Next, the raw materials are used to manufacture and put together the designs. Countries, especially in South Asia, like China, India, Bangladesh, Pakistan, Vietnam, etc., offer competitive prices for apparel manufacturing to businesses within this industry.

Apparel 116

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 116

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. In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. … And it’s not just Walmart.”[2]. ”[2].

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Martin You – Sales Director for Asia Pacific at E2open. More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Martin You – Sales Director for Asia Pacific at E2open. Driving Sustainable Growth Through Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

AUGUST 12, 2021

Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Case Study Food Study 98

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

Supply Chain Shaman

JANUARY 9, 2019

The use of a conventional supply chain tool to forecast this demand resulted in the degradation of the forecast by 14%. Stuck, the company struggled with customer service levels and high inventory write-offs. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The reason? The result?

Supply Chain Design Software 267

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 267

NC State SCRC

JANUARY 1, 2023

He is the most accurate forecaster I know, because unlike many speculators and economists, his observations are based on actual data! He believes that inflation isn’t going to go down going into 2023 – but will persist. Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

SYSPRO Smarter ERP

JUNE 14, 2022

Data plays a huge role in the ability to manufacture companies to draw powerful insights and create transformative experiences for customers and business growth. Many manufacturers just aren’t maximising its value and missing out on the unmatched efficiencies it provides. Collecting data for effective usage with business intelligence.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 105

20Cube Logistics

JANUARY 27, 2022

The Asia-Pacific region, which has emerged to be the economic hotspot in the last few decades, displayed a huge slump during the first wave of the COVID-19 pandemic. However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Logistics Viewpoints

MAY 19, 2022

The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships.

Optimal Sourcing 229

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 229

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Matters

SEPTEMBER 17, 2022

In addressing this quarterly shortfall, newly appointed FedEx CEO Raj Subramaniam pointed to the following factors: A $500 million shortfall for the Express business unit as a result of unexpected volume weaknesses experienced from Asia and European shipment activity. Added Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

ThroughPut

OCTOBER 13, 2021

While the construction industry itself poses some unique challenges in supply chains across the world, cement manufacturing comes with its own diverse set of differentiators like the ones mentioned below: Top unique challenges of cement industry. AI-Powered Forecasting. An Intelligent Demand-Planning Solution for Cement Manufacturers.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. AUTO PARTS LEADER REDUCES FORECAST ERRORS BY 50%. Recent highlights include: Go-lives across North America, Europe, Asia and the Middle East.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Supply Chain Matters

MARCH 23, 2022

Foxconn Forecasts Challenging Operating Environment This Year. After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

From February to May ocean carriers blanked a record number of sailings on China-US lanes – first as China’s manufacturing was closed and then as COVID-19 impacted the US economy. Businesses whose inventories ran down slowly since March started restocking. More home purchases and home offices meant new home furnishings.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Enterra Insights

AUGUST 2, 2022

Current supply chain snarls, often associated with overseas factories and logjammed ports, have made manufacturing reshoring a hot topic. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.'”[2] manufacturing capability, and increasing their inventory positions.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design 130

Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 197

Freightos

SEPTEMBER 8, 2020

From February to May ocean carriers blanked a record number of sailings on China-US lanes – first as China’s manufacturing was closed and then as COVID-19 impacted the US economy. . Businesses whose inventories ran down slowly since March started restocking. It worked. . Chart: Courtesy eeSea.com. FREE SAMPLE REPORT.

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Matters

NOVEMBER 6, 2023

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

DELMIA Quintiq

FEBRUARY 25, 2015

How can technology provide transparency and collaboration, and support forecasting? Marzell Bandur, director supply chain planning at ADAM Opel in Rüsselsheim, described a challenge familiar to many car manufacturers. Now it’s time to make sense of that collaborative data to make truly optimal decisions and accurate forecasts.

Automotive 120

Automotive Logistics Network Optimization Software Logistics Manufacturing Procurement 120

Supply Chain Shaman

JULY 22, 2013

Focus on market drivers, and the use of channel data, and less on sales and marketing forecasting. Use technologies like IBM (Logictools), JDA (i2 Strategist), Llamasoft, and Logility (Optiant) to design inventory buffers and determine the right form and function of inventory. Plan based on what you sell. Mid-term: Add math.

Supply and Demand 234

Supply and Demand Supply Chain Design Software Modeling Supply Chain Planning Software 234

NC State SCRC

OCTOBER 5, 2022

Andrew Viteritti, Lead for the Commerce and Regulation division of the Economist Intelligence Unit Global Forecasting group began his presentation by reviewing the current and future state of the global economy. The forecast is that the EU GDP growth will be reduced by 1.3 percentage points, shrinking to 2.7% growth, and only 3.1%

Conference 52

Conference Ukraine Global Purchasing Skills 52

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. In a study conducted by Nicholson et al.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 91

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Additionally, logistics planning should also be a top priority.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

ShipBob

DECEMBER 18, 2019

The upcoming Chinese New Year is on January 25, 2020, but the holiday shutdown can affect production times at China’s manufacturing companies for as long as two months as many workers travel back to rural villages to celebrate with friends and family. Increase inventory. Consider other manufacturing locations.

How To 136

How To Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 136

Supply Chain Matters

SEPTEMBER 9, 2022

China Based Manufacturers Remain Impacted by Extended Population Lockdowns. While the above may not seem like a drastic cut, consider that this industry is plagued by waves of optimistic forecasting and consequent ups and downs amid aggressive order levels by customers seeking product in short supply.

Manufacturing Procurement 52

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

Kinaxis

JANUARY 22, 2015

In the past, stores had to supply a wide variety of paint colors and finishes based on consumer demand estimates, building inventory and tying up working capital. For example, let’s look at a cloud-based infrastructure company that outsources its manufacturing to two contract manufacturers. while growth is expected in Asia.

Modeling 100

Modeling Supply Chain Design Software Innovation Supply Chain Optimization 100