EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Manufacturing. it most certainly is.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Talking Logistics

FEBRUARY 18, 2016

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Cheaper isn’t always better.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. That variability might be in the areas of manufacturing, distribution, or transportation capacity. Planes don’t fly because no passengers are flying, so no belly capacity is available.”.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 192

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 325

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 325

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 25, 2021

This is not a new problem; but it is exacerbated by volume increases, COVID labor issues, and port infrastructure capacity issues. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

QAD

AUGUST 3, 2023

APQP’s focus on customer needs ensures that products are developed and manufactured to fulfill those requirements, resulting in increasing customer satisfaction, improved customer loyalty and business competitiveness. Since then, the APQP process has gained momentum and piqued the interest of manufacturers across various industries.

Supply Chain Planning Software 96

Supply Chain Planning Software Quality Supply Chain Design Software Supply Chain Planning 96

The Logistics of Logistics

SEPTEMBER 12, 2020

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Students graduate with foundational knowledge across all areas of SCM, positioning them to work in multiple capacities for the top global companies. Supplier development.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. It provides capacity where and when organisations need it most.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

JUNE 23, 2020

Automating the current platform of a conventionally-held definition of planning is insufficient because the design of the planning platform– in the face of the pandemic –is quickly becoming outdated. Most of the optimization focus in the traditional software solution focuses within a function of source, make or deliver.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 299

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. But more than just finding sources in response to demands from the R&D and Design teams, intelligent Procurement teams are also proactively searching for and qualifying sources in anticipation of future needs.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

20Cube Logistics

JANUARY 27, 2022

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This is a direct result of the overstocking/stockpiling that happened in Asian manufacturing and retailing sectors. Political Impacts.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

For example, you want to cut costs with a faster courier, or invest in reducing the lead time of your manufacturing. The critical decisions to be made about inventory and capacity are where in the chain to position inventory and available production capacity in order to hedge against uncertain demand.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

ToolsGroup

SEPTEMBER 22, 2020

You don’t need to be confined to the typical definition of demand sensing. Other sources: 1 [link]. We’ve helped our own customers compress this time by sensing short-term sales history and related demand causals, so they get rapid, near real-time insights within the month to make forecast updates on a shorter-term horizon.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Bristlecone

JULY 16, 2020

But what has been largely overlooked are basic capacity, low to medium range lifesaving devices, safety gears, sufficient healthcare personnel (2x doctors, 3x nurses and 8x paramedics), and the ability to ramp up facilities and manage a crisis with the rigor of Project Management. These are all important innovations, no doubt. CONCLUSION.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Gartner 100

Supply Chain Game Changer

OCTOBER 8, 2020

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future. Digital Supply Chain Predictions. Understand what it is.

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

NC State SCRC

AUGUST 14, 2020

First, develop contracts with manufacturers of healthcare supplies. These have to be firm contracts – asking Manufacturers to “reserve” capacity/quantities of material to supplement the SNS is not going to happen. Our manufacturers most often rely upon foreign supply chains. Handfield, 2010, p.

Manufacturing Procurement 64

Manufacturing Procurement Material Savings Sourcing Strategies Vendor Strategies 64

Supply Chain Movement

APRIL 1, 2014

Sourcing and manufacturing lead times. In this chapter we want to take a more upstream view to discuss about sourcing and manufacturing lead times. The first is the question of sourcing location. Larger companies often have in-house manufacturing capabilities, increasing their ability to react quickly.

Supply Chain Design Software 119

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Purchasing Skills 119

MIT Supply Chain

OCTOBER 17, 2014

We’ve been hearing a lot lately about the return of industry from foreign shores to the US – commonly known as reshoring – and how prodigal companies are driving a manufacturing renaissance in America. Emerging manufacturing methods such as 3D printing promise to make US-based production even more cost-effective. What is reshoring?

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Expense Reduction Sourcing Strategies 105

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The value of capital assets and return on capital assets and return on capital employed.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

QAD

SEPTEMBER 22, 2022

Supply chains need to “ predict, prepare, and respond to rapidly evolving demand and a continually changing product and channel mix,” the very definition of agility. Build Scalable Capacity. Related to making a shift to e-commerce is the recommendation to build scalable capacity. Sustainability.

Supply Chain Software 96

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 96

Supply Chain Matters

SEPTEMBER 17, 2022

The Asia shortfall was attributed to the recent manufacturing disruptions as a result of electrical power restrictions across China’s major manufacturing regions, and especially ongoing strict Covid-19 lockdowns that continue to be initiated by the government. Added Perspectives. Are holiday forecasts too optimistic?

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Game Changer

JUNE 11, 2019

” we look at 10 different definitions. While there are many choices, all of which have great elements, we will refer to this definition provided by [link]. ” This definition gives a great overview. Manufacturing and Distribution based industries are obviously built on Supply Chain.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

NC State SCRC

MAY 27, 2020

ii] We observed an intense and immediate response by the Joint Acquisition Task Force to rapidly source supplies and quickly institute a robust vendor risk assessment process. health care system and risks in a supply chain dependent on global sourcing, would buffer the country from unanticipated disruptions.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Material Savings Manufacturing Procurement 98

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 286

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 286

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. Capacity Crunch of Ocean Freight. Certain manufacturing sectors like fashion and electronics are reliant on the airfreight because of the nature of their business.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

Supply Chain Shaman

MAY 13, 2015

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. It is now part of my DNA.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. In 2012 I built on these concepts to define the market-driven value network. The definition: an adaptive network focused on a well-defined value-based outcomes. Definition of Outside-In Processes. The Building Blocks.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

EcoVadis

APRIL 23, 2016

Now that sustainability has risen to be one of the most highly visible topics for customers and stakeholders, management teams face the challenge of “How do you incorporate CSR ratings in the sourcing process?”. The survey is to assess the capability and capacity of the market to meet your requirements. Build the Strategy.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 40

Supply Chain Matters

JULY 26, 2022

Our previously published commentary authored by The Ferrari Consulting and Research Group provided a mid-year assessment of our specific 2022 prediction that restoring more direct control of tactical and strategic materials sourcing would be a driving force for businesses and their supply management teams during 2022.

Material Savings 52

Material Savings Supply Chain Planning Software Sourcing Strategies Modeling 52

DynaSys

DECEMBER 8, 2021

Each route starts with one of our 32 manufacturing plants where we produce either finished or semi-finished lenses. Like a lot of manufacturers, the standard S&OP process needs to adapt to the pandemic. Does it mean you have included the sourcing and procurement departments in your global S&OP meetings?

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

Supply Chain Matters

DECEMBER 13, 2023

Background Within our research arm’s previously published industry and global supply chains predictions advisory published at the start of this year, we predicted that manufacturers would up their efforts this year in restoring more direct control and added resiliency in their direct materials component and outsourced manufacturing strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

EMERGE App

APRIL 5, 2024

Yet, if you’re a wholesale distribution owner now, you have definitely endured the struggles through the market and the customer’s pressures, specifically after the black swan of COVID-19 in 2020-2021. Everyone has more or less the same suppliers or manufacturers, how low do you think you can price your product?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52