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

SCMDOJO

AUGUST 21, 2023

These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network. Moreover, his content delves beyond procurement, unraveling the core competencies and skills essential for triumphant supply chain management.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

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 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. However, with various inventory optimization models available, choosing the right one can be a challenge.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

ivalua

MAY 6, 2020

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Zara’s Supply Chain Approach.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Optimal Sourcing Manufacturing Procurement Procurement 37

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. The noted overall theme from this survey were indications that recession. cyberattacks.

Inventory Reduction 52

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

Supply Chain Matters

SEPTEMBER 17, 2022

We wanted to alert our Supply Chain Matters readers to an upcoming podcast that will be of benefit to many strategic sourcing, planning, product development and procurement professionals. I had the opportunity to interact with Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 59

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Supply Chain Matters

MARCH 3, 2022

Optimism is reflected in United States , Eurozone and select Asia data and the traditional Lunar New Year holiday period does not appear to have dampened Asia based production levels for February. The index that tracks ocean container movement from Asia to Western Europe increased by four days to 110 days. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Logistics Bureau

APRIL 3, 2023

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. It is an essential element of supply chain management. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Game Changer

NOVEMBER 9, 2021

Over 90% of natural rubber comes from Asia, with Thailand, Indonesia and Malaysia making up 70% of the world’s supply of natural rubber. Given that the majority of natural rubber comes from Asia getting this supply to North America and Europe became much more difficult with significant delays and extended delivery lead times.

Supply Chain Strategy 93

Supply Chain Strategy Price Reduction Manufacturing Procurement Supply Chain 93

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.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Matters

SEPTEMBER 29, 2022

Nikkei Asia , citing multiple informed sources at the time, reported that Apple was internally prioritizing allocation of key processors toward iPhone 13 production output at the expense of Apple iPad and older iPhone models. Inventory management and resource planning will remain a key concern.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

Logistics Bureau

JANUARY 19, 2020

I’ve been taking them around the Asia Pacific region for several years, and the seminars have received a tremendous reception in Thailand, Vietnam, and of course, Australia. Procurement and purchasing. Inventory management and optimisation. Supply chain strategy development and alignment. Benchmarking and KPI development.

Supply Chain Planning Software 52

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

NC State SCRC

NOVEMBER 6, 2021

Hopefully there is SOMETHING in the Infrastructure Bill that passed this week which is dedicated to investment in this port, which is a major gateway for US imports from Asia). However, not every supply chain and procurement decision fits neatly into this category.

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

ShipBob

APRIL 26, 2023

Think and plan ahead You can’t underestimate the importance of good supply chain planning if you’re going to efficiently manage your upstream supply chain. Make sure you have an accurate idea of lead times in relation to your production and procurement processes. The first shipment that we had with FreightBob…I mean, it was amazing.

Supply Chain Planning Software 52

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

Supply Chain Matters

AUGUST 15, 2022

At one point in 2021, containers transiting from East Asia to the U.S. This is obviously inventory and working capital not available for use or sale. West Coast were in excess of 200 days. By our lens, the unfortunate circumstance is that the awareness came much later in the business cycle, and in the environment of disruption.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Logistics Bureau

JANUARY 7, 2020

Some of the ways by which poorly managed supply chain expenditure can inflate product costs are listed below: High transportation costs. Procurement costs. Inventory and storage costs. Inadequate inventory management. There is also the question of ethical procurement and purchasing to consider. .

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Supply Chain Matters

JUNE 7, 2023

On a regional scale, the bank anticipates that growth among emerging market and developing economies will diverge this year, picking up in East and Central Asia , Pacific as well as Europe while moderating in all other regions, particularly Latin America , Middle East and North Africa countries. percent, down from the January estimate of 2.7

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

RFgen

JULY 11, 2016

Currently, certain areas in Mexico offer workforces with more talent and lower rates than typical options in Asia. Manufacturing and inventory management solutions like mobile data collection devices help create consistent records on procurement and suppliers. The workforce is also skilled.

Manufacturing Procurement 52

Manufacturing Procurement Mexico Supply Chain Planning Software Manufacturing 52

RFgen

JULY 11, 2016

Currently, certain areas in Mexico offer workforces with more talent and lower rates than typical options in Asia. Manufacturing and inventory management solutions like mobile data collection devices help create consistent records on procurement and suppliers. The workforce is also skilled.

Manufacturing Procurement 52

Manufacturing Procurement Mexico Supply Chain Planning Software Manufacturing 52

MIT Supply Chain

SEPTEMBER 4, 2014

Additionally, the same material will be used to complement the in-residence teaching at MIT as well as at MIT’s three Global SCALE Network sister centers in Europe, Asia, and Latin America. Advanced inventory management. Procurement and purchasing. Materials management. Risk and resilience. Supply chain contracts.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 88

SYSPRO Smarter ERP

JUNE 14, 2023

Industrial development has transformed Asia’s manufacturing landscape. will not only change the production of goods and services across Asia, but also the organization of work in factories. Industrial innovations have had a major social, economic and technological impact across Asia. What is the Fourth Industrial Revolution?

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Inventory Management Software Analytics Software 98

Supply Chain Opz

NOVEMBER 9, 2014

In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Matters

JULY 15, 2022

The attention of the company’s most senior management, as well as its investors became center stage. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

AUGUST 3, 2023

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of a sharp downturn occurring across the Eurozone and added signs of weakness across Asia. The July reported value of 48.7 was slightly lower than the 48.8 for June, which now reflect a seven-month low.

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. Kevin Nolan, the president of U.S. when added efficiencies are implemented. Treasury Secretary Janet Yellen.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MAY 9, 2023

Ocean container transport costs as reflected by The World Container Index increased in excess of 134 percent from 2020 to 2021, with the cost of shipping a standard container from Asia to the U.S. West Coast surging in excess of $20,000 at one point, and ending the year at an average rate of excess of $9,300.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Planning 52

Supply Chain Matters

APRIL 4, 2023

In these March highlights we have pointed to shifting production numbers involving countries across Asia which may be reflective of industry supply network moves toward China Plus supply network resiliency moves or movements toward alternative low cost manufacturing regions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Unleashed

JANUARY 16, 2023

Asia-Pacific is by far the largest regional market for 3PL , accounting for over one-third of the world’s 3PL market size. The 3PL provider updates the new stock levels in their inventory management system. In some cases, the 3PL also manages the entire customer return and support process.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

SYSPRO Smarter ERP

DECEMBER 14, 2023

The Industrial Machinery and Equipment market (IM&E) in Asia is extremely competitive and fast-paced. In sales, the need to provide accurate quotations and delivery estimates requires up-to-date information on costs, inventory levels, production capacity and lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Analytics Software Optimization Software 52

Supply Chain Matters

OCTOBER 4, 2022

This was driven on fears that global economic conditions will weaken further, and demand across key markets across Asia, Europe and the U.S. will continue to decline in the months ahead.”. With Taiwan being a bastion of high tech and consumer electronics supply networks, the above commentary is indeed concerning.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

SCMDOJO

FEBRUARY 21, 2024

The 3PL provider typically focuses on: Cross-docking Freight forwarding Integrating operations Inventory management Package Services Transportation services Warehousing. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School. A 4PL often handles the 3PL.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. Since the COVID pandemic rocked the logistics world, many companies have lost their appetite for lean principles in inventory management.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Requis

JULY 24, 2020

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management. He and his business partner Dan Dershem have been looking at procurement from several angles.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130