Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. based EV automotive production needs for Hyundai Motors and Ultium Cells , a joint venture involving LG Solutions and General Motors. Announcement. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

The Logistics of Logistics

JANUARY 13, 2023

Earlier in his career, Trey was part of the Flexport Atlanta founding team and led Kuehne + Nagel’s account management group where he helped design and operate automotive, high tech, and industrial manufacturing supply chain solutions. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Procurement Solutions 130

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Supply Chain Matters

MARCH 29, 2023

The Supply Chain Matters blog provides perspectives on an emerging supply chain management focused lesson occurring at Rivian Automotive. For those in the automotive industry and certainly a wide complement of our readership, the report triggers a response of why it took this long to act. All rights reserved.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

ivalua

JANUARY 29, 2020

Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .

Negotiating Skills 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

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

Automotive Supply Chain Planning Software Manufacturing Procurement Supply Chain Network Software 102

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Global automotive component supplier Meritor is a great example. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Alex Saric, CMO, Ivalua.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

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.

Manufacturing Procurement 52

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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

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Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s. Advantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

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. Governments including Canada , Germany , and the United Kingdom have enacted special legislation in these areas.

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

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

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 91

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 91

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. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. Advantages.

Just-in-Time 52

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

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

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

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

Logistics Viewpoints

AUGUST 24, 2022

Concurrent supply chain planning is required for the company to navigate uncertainty and expand into new markets of automotive, computing, and connective intelligent edge. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials.

Sourcing Strategies 206

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 206

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. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

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.

Manufacturing Procurement 74

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 74

Supply Chain Game Changer

APRIL 19, 2022

Over the past 20 years I have been fortunate to have worked in various industries (Automotive, Electronics, Plastics, Oil/Gas, Financial and Communication Equipment) for various world class companies, with a focus on Strategic Sourcing and Procurement. Tell our readers a little about your background and experience.

Material Savings 85

Material Savings Resource Reduction Cost Reduction Strategies Manufacturing Procurement 85

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

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

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.

Manufacturing Procurement 95

Manufacturing Procurement How To Material Savings Supply Chain Design Software 95

IQMS

JANUARY 21, 2021

From automotive components and parts manufacturing to producing recyclable plastics packaging and industrial products, achieve sustainable manufacturing excellence is proving to be a sure catalyst for driving greater revenue, reducing costs while making a positive contribution to the environment.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. ” Her answer was telling. My view is that we are in phase 3 of the pandemic. Massive Disruption.

Optimal Sourcing 217

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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

Jaggaer

JANUARY 8, 2024

JAGGAER's latest news on procurement & sourcing. Read now: Automotive Supplier Continental Opts for Collaboration with JAGGAER.

Automotive 52

Automotive Procurement Sourcing 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 Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The automotive industry is renowned for having the envious Just-in-time business model at work. Deloitte states that the automotive industry lost sales of $210 billion in 2021 alone due to chip shortages. How could this be?

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

Supply Chain Matters

APRIL 5, 2024

New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. This is not only from the notions of China Plus sourcing actions, but is responding to export demand from other Asian, Europe and U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

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.

Supply Chain Network Software 52

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DELMIA Quintiq

JUNE 5, 2023

One compelling story details how an automotive OEM uses virtual twins to anticipate costs based on knowing the cost structure of raw materials inside their product.

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

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.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 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. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59