Supply Chain Shaman

JUNE 21, 2023

One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 426

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 426

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report.

Waste Reduction 277

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 277

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. It constantly amazes me.

Manufacturing Procurement 208

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 208

Logistics Viewpoints

AUGUST 9, 2022

How do we create systems that allow everyone in the ecosystem, from suppliers to transportation partners to retailers, to be not only more agile and responsive in the face of rapidly changing market conditions, but to be able to predict issues in advance and prevent them? What’s in manufacturing? Complete visibility into inventory.

Inventory Management Software 264

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 264

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Supply Chain Shaman

DECEMBER 12, 2024

Global supply chains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Compliance, sanctions, and tariffs loom.

Supply Chain Design Software 195

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

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

GlobalTranz

DECEMBER 29, 2015

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles.

Transportation Management 120

Transportation Management Transportation Cost Reduction Strategies Price Reduction 120

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. That is every machine, factory, DC, mode of transportation, supplier, product, material, etc.

Optimal Sourcing 355

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 355

Supply Chain Shaman

JUNE 20, 2014

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. These solutions require greater insights and understanding by the manufacturer and implementing company.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 366

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. However, as the use of e-commerce increases, so does this percentage.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Arena Solutions

MAY 13, 2025

A digital passport electronically enables consumers, businesses, and governments to make responsible purchasing decisions about a products origin, materials, components, carbon footprint, supply chain, and much more. ESG Score for Batteries: Facilitates responsible consumer purchasing based on reported data.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 62

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. Inbound Logistics is the pioneering magazine empowering demand-driven enterprises.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 87

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

Arena Solutions

FEBRUARY 20, 2025

A passport is a digital record that stores detailed information about a products lifecycle including its materials, origin, manufacturing processes, environmental impact and recycling information. The demand for batteries is unquenchable. The industry is projected to reach USD $322.2 billion by 2030. billion by 2030.

Industrial 67

Industrial Industry Sourcing Strategies Manufacturing Procurement 67

MIT Supply Chain

JUNE 13, 2013

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? Identify the RM and manufacturing process for each sub part.

Negotiate Pricing 78

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 78

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Talking Logistics

JUNE 27, 2014

According to a study conducted by the National Association of Manufacturers (NAM) and the National Retail Federation (NRF), a 10-day stoppage would reduce GDP $2.1 billion a day, disrupt 169,000 jobs, and cost the average household $170 in purchasing power. What’s at stake this time?

Logistics Network Optimization Software 192

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 192

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Bureau

DECEMBER 22, 2024

Using KPIs for performance measurement ensures that you are continuously evaluating your business activity against a static benchmark. Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Why Are KPIs Important?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Shipchain

NOVEMBER 15, 2018

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

Cost Reduction Strategies 90

Cost Reduction Strategies Expense Reduction Purchasing Skills Transportation 90

DELMIA Quintiq

MAY 17, 2023

Many of Earth’s scarce resources are consumed by industrial processes and transport – which are the building blocks of today’s supply chains. According to the IPCC, about one-third of the global CO2 emissions are linked to industry, and 15% to transport – together this is almost half of the total CO2 emissions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. What’s the first step in that process?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? Transportation is measured just as a cost rather than what it does for the rest of the organization. We still focus on costs. Read More.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

The Network Effect

OCTOBER 26, 2015

So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . The new technology architecture supports the entire procure-to-pay process in a multi-party, multi-echelon network.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Scenario Planning Supply Chain Planning 100

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Decreasing Fuel Consumption through Route Optimization .

Resource Reduction 98

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 98

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). And with that, have a happy weekend! Song of the Week: “Safe and Sound” by Capital Cities.

Logistics Network Optimization Software 155

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 155

Cathy Roberson

FEBRUARY 13, 2025

According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. For the past few years, the air cargo market has greatly benefited from international e-commerce. Rethinking supply chains is a reader-supported publication.

Cargo 64

Cargo Logistics Network Optimization Software Modeling Software Supply Chain Network Software 64

Logility

AUGUST 25, 2020

Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs. KPIs that show performance relative to industry benchmarks and peer performance are usually strategic KPIs that may be assessed monthly or quarterly.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

ToolsGroup

DECEMBER 16, 2021

This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal. By increasing open-to-buy frequency you might increase inbound transportation costs or sacrifice order quantity discounts, but in the end, having inventory flexibility will be worth it. Building Retailer Success with Open-to-Buy.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156