ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. In fact, Sherwin Williams cut sales by 3.5% The Semiconductor Shortage and Plans to Increase Chip Production.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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. EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance.

Automotive 52

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

By automating processes, it eliminates errors and reduces reliance on spreadsheets. It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

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.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Matters

AUGUST 16, 2023

Rivian Automotive ’s recent report on quarterly financial performance provides evidence that this EV start-up is showing signs that the company has done its homework in supply chain and production operations industry basics. Net loss was reported as $1.2 That included total revenue of $1.1 billion, compared to $1.7

Supply Chain Design Software 52

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

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

6 River Systems

JUNE 10, 2019

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. “When developing your supply chain strategy…” You should be thinking about preventing unauthorized sellers and MAP pricing violators from day one.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) It also helps me to think more clearly.

Supply and Demand 403

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 403

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Both models have rather expensive base list prices, but the vehicle themselves feature a lot of technical innovation.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

SupplyOn

FEBRUARY 25, 2020

Tomasevic, Chief Procurement Officer of the AGCO Group. He established the link to an automotive conference whose trend topics also apply to the agricultural sector: Decarbonization for an improved, because lower “Carbon Footprint.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 40

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. Rivian will be reporting its Q2 financial results after the stock market close of business on August 8 th. billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Matters

OCTOBER 20, 2023

Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. percent operating margin in the latest quarter.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Resilinc

MAY 18, 2021

As expected, the semiconductor shortage continues to plague the automotive industry with carmakers now expected to suffer losses of $110 billion in 2021, according to a widely reported estimate from Alix Partners. And, the long timeframes required to build new semiconductor fabs mean chip supply won’t be flowing anytime soon.

Cost Reduction Strategies 62

Cost Reduction Strategies Purchasing Skills Manufacturing Procurement Procurement Analytics 62

Supply Chain Matters

MARCH 13, 2023

Supply Chain Matters highlights Rivian Automotive ’s reported Q4 and full-year financial and operational performance along with plans for the next two years. The EV vehicle start-up reported the delivery of 20,337 vehicles in 2022, falling short of this company’s highly monitored commitment to produce 25,000 vehicles.

Supply Chain Planning Software 52

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

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. But, it can be overdone.

Waste Reduction 274

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

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 97

QAD

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 95

Supply Chain Matters

JULY 5, 2023

Supply Chain Matters provides highlights and added perspectives to EV automaker Tesla’s reported production and customer delivery performance in Q2-2023. On the production side, the company reported that 479,700 vehicles were produced globally in the latest quarter. The Q2 delivery performance represented a 10.2

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

GlobalTranz

DECEMBER 29, 2014

History of Reverse Logistics is at the Core of The Stories of War, Retail, eCommerce, and Automotive Aftermarket : As you will see today the history of reverse logistics is quite older than the buzz word of it being thrown around more often today, due to the rise of internet retailing, also known as eCommerce. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

ToolsGroup

OCTOBER 25, 2022

Check out 8 Winning Strategies to Combat Supply Shortages and discover the tactics you need to fulfill demand even in the midst of uncertainty. Bridge the gap between strategy and operations to improve plan accuracy with a refined Sales & Operations Planning process. Spruce Up Your Omnichannel Strategy. Show me how?.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Game Changer

NOVEMBER 20, 2018

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. Energy usage profiles and drivers must be considered in concert with the different energy pricing options to arrange the supply over time.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead, the leadership team needs to build a strategy for the entire organization to focus on the delivery of value-based outcomes.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 203

HICX Solutions

JULY 20, 2023

Following the most recent IPCC report , organizations face intensifying pressures to manage and track their carbon emissions throughout their supply chains to reduce their environmental impact. Each has a crucial role in monitoring, managing and reducing carbon emissions.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Matters

SEPTEMBER 3, 2022

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The two recognized PMI reports for U.S. Global Wide Production Activity.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Talking Logistics

DECEMBER 11, 2014

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). as of this morning — a lower price than 5 years ago! Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com).

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

GlobalTranz

JANUARY 5, 2016

The use of reverse logistics provides a myriad of benefits to include: Reduced administrative, transportation and aftermarket support costs. When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. Increased velocity. Increased service market share.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Supply Chain View from the Field

MAY 21, 2014

In today’s environment, hospitals continue to outsource their sourcing capabilities to a national or regional group of Group Purchasing Organizations (GPO’s), who claim to obtain leveraged savings for groups of large commodities.

Purchasing Skills 68

Purchasing Skills Manufacturing Procurement Procurement Analytics Optimal Sourcing 68

Resilinc

APRIL 27, 2021

While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. According to the Wilson Center’s Deputy Director for Geoeconomics Shihoko Goto, U.S. This is alarming.”.

Pharmaceutical 75

Pharmaceutical Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 75

Unleashed

NOVEMBER 27, 2019

We supply our products across the country to various industries, including food and beverage manufacturers, dairy farmers, cleaning chemical distributors, automotive and transport distributors and more. Since then, we have embarked on an aggressive growth strategy. Eliminating integration hiccups.

Price Reduction 75

Price Reduction Material Savings Sourcing Strategies Procurement Solutions 75

Supply Chain Game Changer

MARCH 24, 2020

Automotive manufacturers are looking to manufacture ventilators. The medical community is looking for solutions and treatments to contain, if not eliminate the virus, through existing medicines or new vaccines. lower pricing), when supply is disrupted all of these advantages disappear. Taking Total Cost of Ownership Seriously.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

SupplyOn

OCTOBER 23, 2018

Integral part of the related Airbus strategy is to use AirSupply as single entry point for Supply Chain Collaboration with suppliers. Another success factor were the multi-functional teams (procurement + finance + Information Management). Up to 1,200 suppliers will be affected. First pilots from solution are expected in early 2019.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Supply Chain Design Software Analytics Software 40

Supply Chain Matters

JUNE 27, 2023

In a Supply Chain Matters update posted last month , we highlighted two reports indicating that Foxconn had notified Lordstown that their prior agreement was breached because the stock price had fallen below $1 per share for upwards of 30 days, failing to comply with Nasdaq listing rules. million in cash available after losing $171.1

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Taiwan Supply Chain Design 52

Unleashed

AUGUST 28, 2022

Specific aspects of managing inventory include procurement, storage, and utilisation tracking. In contrast, examples of other types of materials that may require specialised inventory management strategies are raw materials and finished products. Moreover, purchasing teams can leverage bulk orders to get a better price.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97