Talking Logistics

MARCH 7, 2017

When you consider the increasing complexity of the automotive supply chain, collaboration continues to play an important role. Reasonable linking of various data sources (= intelligent integration) in order to have continuously-updated data with high significance and quality instead of fragmented and isolated information.

Automotive 102

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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

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Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

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Supply Chain Shaman

APRIL 26, 2022

As a recent college graduate, he was chartered with running manufacturing discrete event simulation for an automotive company. Tackling Procurement. In the market, there is no well-defined product taxonomy for the purchase and sourcing of direct materials (items that are driven by a bill of material to finished goods).

Manufacturing Procurement 217

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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

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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?

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ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

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Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

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NC State SCRC

DECEMBER 28, 2021

Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains.

Manufacturing Procurement 52

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SCMDOJO

APRIL 22, 2022

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. The tokenization system will also improvise how inventories are managed in the supply chain. NFTs supply a sole source of truth. Streamlining Procurement Operations.

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Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). We started the pandemic with twenty-one more days of inventory than we had in 2007.

Optimal Sourcing 217

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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.

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QAD

FEBRUARY 20, 2024

From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry. Then there is the procurement of replacement materials / inventory. This problem impacts the business operations of a range of industries and company types. Stock loss isn’t selective on item size either.

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QAD

JUNE 23, 2022

With each podcast episode, we talk with automotive industry experts about a range of insightful topics, all focused squarely on the global automotive supply chain and its challenges. I am proud to co-host the Auto Supply Chain Prophets podcast with Quistem Founder and President Cathy Fisher. Here’s a wrap-up of the latest episodes.

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Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. Keys to Success.

Agile and Lean Supply Chain 196

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BlueYonder

FEBRUARY 14, 2023

It was all about companies trying to go into countries that had low-cost sourcing capabilities, as well as to capture new market. The main challenges that companies are facing, at least in the last two years, especially during the COVID-19 pandemic, come from the multi-tier sourcing, which requires long lead times in the supply network.

Manufacturing Procurement 127

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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

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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.

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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

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SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. They come from a variety of backgrounds. Hire any of them as your supply chain consultant and see the difference! You can Hire Matias or start a conversation from here

Supply Chain Design Software 59

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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. Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied.

Optimal Sourcing 169

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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. Electric vehicle company Fisker recently issued a going concern warning amid continued production and supply chain challenges.

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Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains. The automotive industry is renowned for having the envious Just-in-time business model at work.

Supply Chain Design Software 86

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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. Procurement does more than just manage cost – they are being asked to manage risk.

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ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

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QAD

SEPTEMBER 3, 2020

Manufacturers that rely on suppliers around the globe to deliver innovative products, drive critical supply chain processes and ensure a positive customer experience need access to real-time data from multiple sources. The global and disruptive nature of sourcing makes effective procurement management with suppliers more complex.

Supplier Management 65

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QAD

OCTOBER 5, 2021

In this area, enhancements include: QAD Manufacturing adds eSignature functionality for Inventory Detail and Transfer, Test Specifications and Production Orders Operations to improve productivity and reduce risk. For Automotive customers, we have taken further steps in fully supporting the AIAG/VDA for failure mode and effects analysis.

Manufacturing Procurement 98

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QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. Consider the effects of excess inventory and unnecessary shipments. Sustainability Objectives for Manufacturers. And, ERP can – and does – play a strong role.

Waste Reduction 98

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The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

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Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. Background. Broader Industry Perspectives.

Cost Reduction Strategies 59

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Resilinc

APRIL 1, 2024

Discover the tools procurement pros and resiliency program managers use to take on the most complex supply chains. How many countries does it take to make an iPhone? Then, all of this information is kept on a clean, accurate single-source-of-truth platform.

Supply Chain Software 105

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QAD

OCTOBER 11, 2022

It provides the production insights needed to rapidly respond to unplanned inventory shortages, equipment failures and productivity slowdowns. For automotive clients, QAD now supports the US/German FMEA-MSR standards. For life sciences companies, EQMS addresses all USDM recommendations to meet regulatory requirements.

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Supply Chain Matters

APRIL 26, 2023

Business broadcasting network CNBC pegged total revenues associated with the automotive segment being $19.96 Automotive margins were not reported by the company forcing equity analysts and business media to calculate their own numbers. billion, with net income conversely declining 24 percent to $2.5 percent, down from 19.2

Price Reduction 52

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Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 358

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Supply Chain Matters

JULY 6, 2022

Both Business Network CNBC and The Wall Street Journal , cited data from Cox Automotive indicating that sales of new vehicles in the U.S. Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. billion to $1.9

Supply Chain Disruption 52

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Supply Chain Matters

JUNE 16, 2022

The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure.

Material Savings 52

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GlobalTranz

JULY 30, 2018

Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. The technology is an incorruptible ledger, which can be applied to virtually all supply chain processes , ranging from inventory management to shareholder proceedings.

Logistics Network Optimization Software 126

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