Procurement Academy

JANUARY 18, 2023

Supply chain and procurement professionals are having to face a daunting new reality as the ongoing effects of COVID-19, Brexit, the conflict in Ukraine and volatile inflation rates impact the day-to-day operations of their function. Procurement The picture for procurement professionals is not so dissimilar.

Education 52

Education Sourcing Strategies Agile and Lean Supply Chain Supply Chain Strategy 52

SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Sourcing Strategies 105

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 105

Supply Chain Matters

JULY 20, 2022

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supply chains published at the beginning of 2022. Eurozone business confidence reportedly slid to a 25-month low amid the Ukraine conflict and elevated inflation rates.

Manufacturing Procurement 98

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Supply Chain Matters

MARCH 28, 2022

The Supply Chain Matters blog call reader attention to a published report indicating the number two global auto maker Volkswagen is repositioning it global supply network sourcing strategies. A cited quote from Murat Aksel, VW’s Procurement Chief , is a testament: “ We still want competitive prices, but my priority is securing supply.

Material Savings 59

Material Savings Supply Chain Strategy Sourcing Strategies Cost Reduction Strategies 59

Supply Chain Matters

APRIL 1, 2022

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Additional Thoughts. Bob Ferrari.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Matters

MARCH 25, 2022

While the Intel CEO’s comments are not the first to compare the two capabilities, the timing is especially poignant in the backdrop of the conflict occurring in Ukraine , and the heightened tensions between China and the island of Taiwan. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Ukraine 59

Ukraine Supply Chain Design Taiwan Russia 59

Supply Chain Matters

JUNE 17, 2022

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. cyberattacks.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Matters

MARCH 7, 2022

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

Supply Chain Matters

MAY 22, 2024

The report further identifies the increased threat to commercial shipping posed by drones which have come to forefront with the war in Ukraine and terrorist attacks in the Red Sea. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Shipping 52

Shipping Sourcing Strategies Baltimore Supply Chain Design Software 52

QAD

MAY 23, 2023

As discussed in a recent QAD blog post , the United Nations forecasts 160 million children between the ages of 5 and 17 are involved in child labor. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 92

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Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. We urge caution to such a viewpoint. Bob Ferrari. All rights reserved.

Predictive Analytics Software 98

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Procurement Academy

JUNE 7, 2022

However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer. Over recent years, organizations have experienced a sequence of disruptive events, from the COVID-19 pandemic to the recent war in Ukraine. The rise of re-shoring and near-shoring.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer. Over recent years, organizations have experienced a sequence of disruptive events, from the COVID-19 pandemic to the recent war in Ukraine. The rise of re-shoring and near-shoring.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Supply Chain Matters

MAY 23, 2022

The Supply Chain Matters blog continues to highlight for readers specific global and regional supply chain indices that depict both trending production activity levels, as well as supply chain volatility. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Resilinc

JANUARY 31, 2023

In this blog, we’ll look at how the CommodityWatch AI top five ranking shifted from 2021 to 2022, uncover how these factors impacted commodities in 2022, and see what these shifts mean for commodities in the future. #1 After ranking fourth in CommodityWatch AI ’s moving factors in 2021, Market Uncertainty/Fear ranked fifth in 2022.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

LevaData

APRIL 26, 2022

Due to resource constraints, procurement organizations are forced to concentrate on a few main categories: items that are either incredibly risk-prone or of significant strategic importance. Supply Chain Risks Brought on by the Russia-Ukraine Crisis Since the end of February, all eyes have been on Russia and Ukraine.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even companies without a direct supplier connection in Russia or Ukraine will experience debilitating disruption across industries from energy to agriculture. Put your logistics, supply chain and procurement teams on high alert for computer viruses and increased phishing attempts. Develop business continuity plans with your suppliers.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Matters

APRIL 6, 2022

The Supply Chain Matters blog highlights March and Q1-2022 global manufacturing and supply chain indices, with the data indicating added headwinds and challenges in the months to come. There is also a developing understanding on what impacts there will be regarding supplies of key commodities that were sourced in both Russia and Ukraine.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Even more damaging are the potential long-term impacts for the world’s food supply as Russia seizes Ukraine’s grain supplies and harvesting equipment.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Supply Chain Matters

MAY 25, 2023

The Supply Chain Matters blog highlights this week’s reports that the German economy has officially slid into recession, and along with that, ongoing manufacturing recessionary conditions as-well. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Germany Russia 52

Supply Chain Matters

NOVEMBER 15, 2022

The recently published IMF blog posting , begins with the statement: “ Global economic growth prospects are confronting a unique mix of headwinds, including from Russia’s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as China’s lockdowns and disruptions in supply chains.”.

Manufacturing Procurement 52

Manufacturing Procurement Indonesia Ukraine Forecasting 52

Supply Chain Matters

JUNE 3, 2022

Additionally noted was that panelist 12-month outlook for output slipped to a five-month low amid concerns of Covid-19 restrictions and the Ukraine conflict in Europe. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This index rose to 54.7 in May from 51.7 The reality that U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

SEPTEMBER 1, 2022

coupled with the ongoing hostilities involving Russia and Ukraine. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. A new TSMC managed 28 nanometer factory located in China is expected to begin production in the fourth quarter. Bob Ferrari. All rights reserved. .

Sourcing Strategies 59

Sourcing Strategies Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 59

QAD

SEPTEMBER 22, 2022

For example, 38% of organizations use manual procurement processes to communicate with supply chain partners. The post 7 Ways to Future Proof Your Supply Chain appeared first on QAD Blog. Brent’s recommendations echo those of a recent article from McKinsey, titled Future Proofing the Supply Chain.

Supply Chain Software 95

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 95

Supply Chain Matters

JUNE 8, 2023

The concern for economic recession was especially focused on Europe with the ongoing hostilities of the Russia and Ukraine conflict and with residual high levels of inflation. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. What occurred in Europe can possibly occur elsewhere.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

Supply Chain Matters

JUNE 24, 2022

Specifically indicated: “ That in part reflects supply constraints from continued labor shortages and global supply disruptions related to the pandemic and the war in Ukraine. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. That would be spot on, as well. Bob Ferrari.

Supply Chain Disruption 52

Supply Chain Disruption San Francisco Supply Chain Strategy Supply and Demand 52

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Weaker demand conditions, the war in Ukraine and persistent supply issues were cited as reasons for lower production. ”. United Kingdom.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

MARCH 1, 2022

The Supply Chain Matters blog highlights reports of a cyber-attack incident impacting a supplier to Toyota Motor and resulting in a one-day suspension of the automakers manufacturing operations across Japan. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Japan 40

Japan Ukraine Russia Manufacturing Procurement 40

Supply Chain Matters

JULY 25, 2022

Our Ferrari Consulting and Research Group clients and Supply Chain Matters blog readers are likely well aware that each year we publish at the start of that year, a Research Advisory outlining our ten predictions for the coming year. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

JUNE 7, 2023

The June report’s Executive Summary begins: “ The global economy remains in a precarious state amid the protracted effects of the overlapping negative shocks of the pandemic, the Russian Federation’s invasion of Ukraine, and the sharp tightening of monetary policy to contain high inflation. ” All rights reserved.

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

Supply Chain Matters

SEPTEMBER 9, 2022

The Supply Chain Matters blog provides our latest news capsule format follow-up relative to the updating of prior supply chain management published developments we have shared with readers. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. with the recent passage of the CHIPS Act. . .

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Planning Supply Chain Software 52

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Global Wide Production Activity.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Resilinc

MAY 3, 2022

As readers of this blog will be aware, workforce challenges are ubiquitous in the United States. And the DOD promises to use its procurement and contracting power to “ diversify domestic and allied supply chains to support the on-shoring and ally-shoring of critical supplies.”. A vivid example: drones. As the U.S.

Aerospace 62

Aerospace Security Negotiating Skills Manufacturing Procurement 62

QAD

APRIL 11, 2023

The war in Ukraine, COVID-19 pandemic, inflation and recessionary risks have all become disruptive forces. Supply chains and processes were relatively consistent and manufacturers had the time and flexibility to shop around for the best procurement agreements without worrying about disruptive events around every corner.

Lebanon 94

Lebanon Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 94

Supply Chain Matters

APRIL 7, 2022

The Supply Chain Matters blog highlights an added dimension to our monthly summary of global supply chain activity trending and implications. The authors noted that it was unclear as to whether the conflict in Ukraine and associated disruptions to ocean shipping made for the difference. Bob Ferrari. All rights reserved.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52