Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. It’s a constant headache for our purchasing manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) Build Strong Supply Chain Sourcing Development Practices.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Kanban Logistics

MAY 25, 2022

Manufacturing professionals: Are you buying parts and other raw material inventory for your factory just to have it sit for weeks or months prior to consumption? By holding this inventory on your books, you’re doling out money for assets that won’t turn into cash any time soon. Improve cash flow – pay for goods only when they ship.

Material Savings 52

Material Savings Inventory Reduction Waste Reduction Vendor Strategies 52

Enterra Insights

SEPTEMBER 16, 2022

In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Procurement must also be considered.

Manufacturing Procurement 130

Manufacturing Procurement Resource Reduction Price Reduction Cost Reduction Strategies 130

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) Build Strong Supply Chain Sourcing Development Practices.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) Build Strong Supply Chain Sourcing Development Practices.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. The new normal for manufacturers. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Supply Chain Shaman

JANUARY 21, 2014

<In fact, so much so that I wrote a book about it.> Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand Latency: The latency of demand signal due to demand translation of a customer purchase through the supply chain to an order for a trading partner.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. Amazon as a carrier.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. In this Q&A, Tom shares insightful stories from his over 20 years in procurement and tells us what should be top of mind for supply chain managers in 2024.

Supply Chain Risk Management 101

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 101

Unleashed

DECEMBER 15, 2022

Your new best-of-breed ERP alternative would look like this: A CRM platform that handles all the customer and sales side of things, feeding sales, shipping, and other customer-relevant info into the inventory management platform. Purchasing management software digitises how you perform these functions. Manage returns more easily.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 97

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Matters

JANUARY 8, 2024

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

Cost Reduction Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 40

Elementum

MAY 19, 2022

The 50’s saw the development of “containerization” which enabled intermodal (ship, rail, air, truck) transport. In simplest terms, supply chain management is the coordination of several discreet disciplines to move goods from sources, to suppliers, to customers with optimal efficiency. Also in the US: 4.9

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 78

BlueYonder

MAY 14, 2021

Chart Source: Freightwaves). While manufacturers aren’t quite ready to share the burden of increased freight costs, they will have to pass on some costs to consumers. If logistics is aware of future flow of goods, then they can estimate container needs in advance and book containers on time to avoid going to the SPOT market.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Logistics Viewpoints

JULY 8, 2022

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain. This is not normal.

Negotiating Skills 204

Negotiating Skills Negotiate Pricing Logistics Network Optimization Software Los Angeles 204

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The AMR Research Top 25 was a rocket ship taking off the launch pad. The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. Supporting localisation – To increase resilience, means to decentralise sourcing.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Logistics Bureau

DECEMBER 4, 2023

The picking system works because Amazon sells directly to consumers, so it rarely ships pallets or even sealed cases of any SKU. Book Now Let’s talk about your warehouse layout! Book your free consultation. Book Now Ready to review and improve your inventory management? Book a free consulting call now.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Action Blog

FEBRUARY 25, 2021

If you travel for your company, you likely face restrictions on the amount and/or cost of travel which you can book without very senior level approval. In most manufacturing firms, the largest single expenditure of cash is for the acquisition of raw materials and their transformation and distribution , namely, the cost of goods sold.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Pricing Training 52

Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Inventory control often starts with how to know the demand of particular product. What is Service Level?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. But in his 2021 book “ Sense and Sustainability ,” Chaturvedi shows he’s an idealist as well as a realist. Resilinc: What’s the current status of reshoring manufacturing? The top countries that are investing in manufacturing sites in the U.S.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Supply Chain Shaman

FEBRUARY 11, 2014

I was sitting at my kitchen table attempting to write a celebratory book on the 30th anniversary of supply chain management. When I sat down to write the book, Bricks Matter, I believed that companies had used supply chain technologies to reduce operating margin and improve inventory turns. We would love to see you there!).

Metrics 283

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 283

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. The company is the third-largest manufacturer of flash memory in the world.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Matters

APRIL 1, 2022

The metaphor was reflective of when global shipping lines elected to take advantage of such disruptions to drive up shipping rates and ancillary charges to unprecedented levels with ongoing financial impacts to multiple industries. Every game is different, and every challenge requires a different play book. Additional Thoughts.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Locus

JUNE 3, 2022

Source: Statista.com. The latter was so severe that cargo ships had to run at half their usual capacity. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent. And the garage door company is coming this morning to replace the crumpled door.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logistics Bureau

DECEMBER 9, 2019

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. Lawmakers are placing obligations on manufacturers to own the future of the materials they process.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96