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 procurement 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 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

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. AI and ML will take the supply chain to the next level.

Supply Chain Planning Software 223

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

Logistics Viewpoints

DECEMBER 5, 2022

But more than half of their shipments – including a significant portion that begin at factories in Asia – travel across oceans or continents These long-distance shipments go by ocean, air, or rail. Yes, SAP had inbound ASN’s (advanced ship notices). That increases the value of the analytics used by the procurement team.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Many companies buy forward inventory ahead of tariffs being implemented. For instance, law firms and consultants in the U.S. Conclusion.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The energy generating and saving equipment alone was able to propel the ship over the ocean in many different conditions. At DHL eCommerce’s first Asia Pacific Head of Go Green, he put in place carbon footprint management, sustainability training, illegal wildlife smuggling monitoring training, and employee engagement.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. If you’re a business leader, why do you care about better math?

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

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

QAD

AUGUST 16, 2022

port congestion and unresolved labor issues when imports from Asia return to full strength. Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. Potential U.S.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

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. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Resilinc

JULY 26, 2022

Among top PC makers, only Apple showed growth in unit sales, shipping 9.3% According to Counterpoint Research, as quoted by Nikkei Asia, Samsung saw “favorable pricing, high utilization rate[s] and share wins in [the] foundry sector,” including strong growth in large-scale integration for products ranging from smartphones to automobiles.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. US Logistics Index.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

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 Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. for February, slightly higher than 50.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

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

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. They ship very small batches twice a week.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Optimal Sourcing Manufacturing Procurement Procurement 37

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. Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods. Let’s get into it.

Supply Chain Planning Software 52

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

EC Sourcing Group

DECEMBER 17, 2018

The issue began when the producer received bottles with defects that prevented them from shipping the product. Here is a brief overview of what they did: They scoured the US, Europe and Asia for suitable bottle manufacturers. Most people in procurement dislike change. Shortened lead time from 6 months to less than a week.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Negotiate Pricing Quality 40

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. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

MARCH 23, 2022

American Shipper reported last week that the number of container ships calling on major U.S. East Coast ports in transit from Asia will surge to a new record high in the coming months. West Coast ports during 2021 in trying to process historic ship backlog levels. Stated drivers of the changed routings from Asia to U.S.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

AUGUST 4, 2022

Regarding ocean container freight rates, spot rates are noted as dropping across the board on both Asia-Europe and Asia-US The implication is that if spot rates drop way below contract rates, shippers will likely seek to renegotiate contract rates recently consummated earlier this year. and Europe. and Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Likewise, ships could not sail into or out of Russia and Ukraine. Cargo capacity exacerbated inventory shortages in the first half of 2023.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 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

Supply Chain Matters

APRIL 1, 2022

The metaphor was reflective of when global shipping lines elected to take advantage of such disruptions to drive up shipping rates and ancillary charges to unprecedented levels with ongoing financial impacts to multiple industries. Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Matters

MARCH 29, 2022

While the company does outsource manufacturing and component needs across Asia, there has also been a commitment toward maintaining some U.S. While this footwear producer still maintains a supply network that stretches to Asia , these local facilities have supported a strategy for leveraging and promoting a U.S. onshore presence.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

NC State SCRC

NOVEMBER 6, 2021

Nowhere is digital transformation needed more than the Los Angeles port, where major operational disconnects are occurring between ships, trains, and trucks. 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).

Purchasing Training 52

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

Supply Chain Matters

DECEMBER 13, 2022

Disruptions were brought about not only by the persistent and recurring spread of Covid -19 infections globally, but also significant storms and natural disasters, a one-week blockage of one of world’s most transited shipping canals, followed by complete disarray among global shipping schedules.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 90

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

The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. When electronic generation of the ASN does not exist the supplier is required to provide a faxed copy of the shipping documents.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. However, there were not enough containers in Asia to export goods to the U.S. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S. gateways for Asian imports.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Kinaxis

OCTOBER 23, 2015

For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño. As a result, some shipments moving from Asia to the Gulf Coast and eastern ports of the United States will be forced to reduce cargo loads to meet the new requirements.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy Supply Chain 100

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

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

Supply Chain Game Changer

DECEMBER 10, 2020

Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Manage logistics and shipping. When starting your importation business, finding the primary resources required is one of the first and most vital steps. Perform quality inspections.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

Talking Logistics

OCTOBER 5, 2015

to take in parts from Pratt’s suppliers, package them into kits holding about 8,000 parts, and ship them to Pratt factories for assembly by company’s machinists. Procuring logistics services is not the same as buying paper clips, yet that’s how many procurement organizations approach it.

Negotiate Pricing 100

Negotiate Pricing Pricing Training Purchasing Training Negotiating Skills 100