Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.

Manufacturing Procurement 230

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 230

Supply Chain Matters

JULY 8, 2022

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. Rivian Automotive. A challenge related to the vehicle was reportedly the design of a new vehicle platform and the sourcing of battery cells.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Matters

FEBRUARY 19, 2024

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Supply Chain Matters

MAY 31, 2022

This is especially the case among certain global automotive companies dealing with a host of supply chain disruption and ongoing semiconductor device shortages. Rivian Automotive. Stellantis Senior Procurement Leadership Change. Thus far, $13.7 This facility is being geared to produce upwards of 150,000 vehicles annually.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG compliance issues. Procurement and Supply Chain. Sustainable Procurement Pledge (SPP).

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG issues. For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Network Software Groups 52

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

NC State SCRC

MARCH 16, 2023

The importance of conducting a thorough analysis of spend was emphasized in an interview with a Big Three automotive executive, who recalls how this first came to light in the 1970s during the dramatic run up in petrochemical prices. And then I compared this grouping to a list that should be the buyers for each part.

Supply Chain Design Software 52

Supply Chain Design Software Analysis Supply Chain Planning Software Supply Chain Software 52

QAD

AUGUST 17, 2023

June, July and even August have traditionally been laid-back months in the automotive industry, between vacations and major OEMs’ summer shutdowns, but the action never stops here at the Auto Supply Chain Prophets podcast. We also recommend tuning into the The Art of Procurement Podcast hosted by none other than Phil.

Supply Chain Software 90

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 90

Supply Chain Matters

FEBRUARY 28, 2023

Continuing our Supply Chain Matters highlights of the global wide automotive industry’s ongoing supply network and production transformation towards developing and producing electric powered vehicles, we highlight a recent announcement from Ford Motor Company. automotive market, but also to meet the incentive needs under the U.S.

Michigan 52

Michigan Supply Chain Planning Software Cost Reduction Strategies Purchasing Skills 52

Proxima

JUNE 8, 2023

Contrast this with automotive rivals Toyota and VW Group that spent $4.5bn and $3.5bn respectively on advertising in 2022 (according to Statista). and 8% of global market share to Tesla’s 13.9% (International Energy Agency (IEA), 2022) and the more traditional European and North American auto makers VW Group – 7.8%

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Purchasing Skills Price Reduction 98

Supply Chain Matters

MAY 15, 2024

is making investments to enhance domestic sourcing and production within noted strategic and economic industry sectors. That is with the backdrop that existing legacy semiconductor production, such as those supplying global automotive production needs have already caught up with existing demand. percent to 25 percent in 2024.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Network Software Sourcing Strategies Price Reduction 59

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. The Ferrari Consulting and Research Group has a policy for respecting readership privacy and does not sell nor offer are user information to third parties.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Supply Chain Matters

JUNE 29, 2023

That would include alternatives to China under the umbrella of China Plus sourcing, along with other alterative sourcing strategies to include domestic on-shoring or near-shoring of supply network needs. Reportedly, much of this supply output activity is associated with automotive supply and production activity. and Canada.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Mexico Supply Chain Strategy 52

Supply Chain Matters

JULY 11, 2023

The Supply Chain Matters blog highlights Rivian Automotive’s reported operational performance in the latest quarter, but at the same time continued challenges in the months to come. We have to add that the automotive sector as a whole is now benefiting from an easing of prior key component shortages, especially semiconductor devices.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. Further, some industries are defining more direct control under the notions of supply chain vertical integration, or complete transformations of strategic supply networks in the case of global automotive industry manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. imports peaked at 21.6 percent in 2017 and have since fallen to 16.5 percent in 2022.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Matters

JUNE 13, 2024

The move complicates industry sourcing dynamics and provides added supply network challenges for cost and resiliency. is making investments to enhance domestic sourcing and production within noted strategic and economic industry areas. These actions reportedly were carefully targeted at strategic sectors—the same sectors where the U.S.

Europe 52

Europe Sourcing Strategies Material Savings Cost Reduction Strategies 52

EcoVadis

NOVEMBER 8, 2018

Modern slavery and poor working conditions are tough challenges to circumvent for any industry, and the automotive sector faces unique obstacles. Membership in the UNGC is the first step as it ensures actions of all automotive companies are cohesive and work toward common sustainable development goals. Sustainable Internal Practices.

Automotive 40

Automotive Sustainability Manufacturing Procurement Sourcing Strategies 40

Supply Chain Matters

SEPTEMBER 19, 2022

The Supply Chain Matters blog provides another update on ongoing strategic sourcing and operational developments occurring among electric vehicle focused supply and production networks. Included in this update are Tesla , Rivian Automotive and Mercedes Vans , along with recycling technology start-up efforts. All rights reserved.

Supply Chain Network Software 52

Supply Chain Network Software Network Optimization Manufacturing Procurement Supply Chain Planning Software 52

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

Supply Chain Matters

MARCH 6, 2024

Background In prior Supply Chain Matters commentaries, we have highlighted ongoing production and supply chain challenges related to high profile EV start-ups Rivian Automotive and Lucid. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Austria Manufacturing Procurement Supply Chain Planning Software 52

Supply Chain Matters

APRIL 10, 2023

Tesla Senior Vice President of Automotive , Tom Zhu, who took up residence at the Shanghai auto factory during lockdown, was present at the announcement this weekend. and China , such a sourcing move is very likely to add to such tensions from a technology leadership perspective if such units make their way to U.S.

China 64

China Supply Chain Planning Software Supply Chain Planning Scenario Planning 64

Supply Chain Matters

AUGUST 26, 2022

This report cited informed sources indicating that the State of Oklahoma is being considered as a location for this facility but that there are no guarantees that an agreement will be reached. The agreement further points to automakers seeking more deemed friendly nations for strategic materials sourcing needs. All rights reserved. .

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Material Savings Manufacturing Procurement 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

Supply Chain Matters

APRIL 24, 2023

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Inflation Reduction Act. or from certain friendly nations. All rights reserved.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Resilinc

JULY 26, 2022

Samsung follower SamMobile.com reports that Samsung is boosting its use of domestic Korean sources for expandable components in semiconductor manufacturing. For supply chain managers charged with semiconductor procurement, this statement from TSMC CEO CC Wei may be of the more direct interest.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

FEBRUARY 1, 2023

The Supply Chain Matters blog highlights breaking news developments involving FedEx and EV start-up manufacturing provider Rivian Automotive. Shaw Group. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Cost Reduction Strategies 52

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

Supply Chain Matters

APRIL 16, 2024

The aim is the ability to support the strategic supply needs in domestic based aerospace and defense, artificial intelligence and automotive supply networks. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Under the provisions of the U.S. The consist of a $6.6 billion to Intel , and $1.5

Electronics 52

Electronics Supply Chain Planning Software Supply Chain Design Software Texas 52

SupplyOn

FEBRUARY 25, 2020

Fendt factory tour Breathtaking factory tour at Fendt in Marktoberdorf The day before the AGRITECH Supplier Summit already offered an absolute highlight: A factory tour at the Fendt tractor factory, part of the global AGCO Group: At Fendt in Marktoberdorf, 19,000 tractors were built in 2019 by more than 4,000 employees.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 40

Supply Chain Matters

JULY 21, 2022

In our prior commentaries related to supply network strategic sourcing, we, along with many others, have noted that the ongoing global-wide shortage of semiconductor devices needed for automotive, high-tech electronics and other industries have been elevated to strategic geo-political policy dimensions. has to do so as well.

South Korea 52

South Korea Report Manufacturing Procurement Sourcing Strategies 52

Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 52

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

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. PFEP optimizes the policies that define how to procure each part. Days of Inventory by Industry Across Years.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Matters

NOVEMBER 2, 2023

According to reports from Bloomberg, Automotive News, Reuters and The Wall Street Journal , wages for most Toyota assembly line workers will increase from $31.86 In its reporting, The Wall Street Journal cited data from EY for Autos Drive America , a trade group representing BMW , Hyundai , and other foreign brands producing autos in the U.S.

Resource Reduction 64

Resource Reduction Cost Reduction Strategies Manufacturing Procurement Journal 64