Supply Chain Shaman

APRIL 26, 2022

As a recent college graduate, he was chartered with running manufacturing discrete event simulation for an automotive company. He worked for the North American manufacturing team and struggled with the imposed standards by the centralized center of excellence. Tackling Procurement. He was frustrated. They are different models.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. But, even then, the relocation of capacity is not a snap of the fingers.

Supply Chain Design Software 251

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Supply Chain Matters

APRIL 18, 2024

government stepped in with policies and national directives that were aimed at boosting the supply and available of critical vaccines and drug treatments for severely ill patients. It has to do with middlemen who have made manufacturing generic injectable drugs unprofitable, magnifying the risk of shortages by artificially reducing supply.”

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

SYSPRO Smarter ERP

AUGUST 1, 2022

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product. However, BOM offers more value.

Optimal Sourcing 111

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true.

Supply Chain Design Software 130

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Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Key capacity constraints will need to be effectively and optimally managed before pursuing expansion opportunities.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

NC State SCRC

DECEMBER 28, 2021

Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Price Reduction 52

Elementum

APRIL 4, 2018

US manufacturing activity dropped slightly in March. The import duties on aluminum and steel could affect many US stakeholders including automakers, aircraft manufacturers, food and beverage companies, and the construction sector. An increase in production costs is the most immediate concern whenever tariffs are raised.

Policies 74

Policies Manufacturing Procurement America Supply Chain Software 74

Precoro

MARCH 22, 2023

Supply chain management has to take these disruptive incidents into consideration when developing risk management policies. While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.

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Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs. Increased Savings.

Purchasing Skills 98

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Elementum

APRIL 4, 2018

US manufacturing activity dropped slightly in March. The import duties on aluminum and steel could affect many US stakeholders including automakers, aircraft manufacturers, food and beverage companies, and the construction sector. An increase in production costs is the most immediate concern whenever tariffs are raised.

Policies 60

Policies Manufacturing Procurement America Supply Chain Software 60

Vanguard Software

AUGUST 31, 2021

Capacity planning creates real value in ensuring businesses can meet customer demand, and it is a critical path for a positive customer experience. . Defining capacity planning. Capacity is the ability to receive, contain, or deliver its products. Successfully plan your capacity. Demand Planning Forecasting Application.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Supply and Demand 40

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance. Three key elements are suggested.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Matters

NOVEMBER 4, 2022

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

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Supply Chain Matters

MARCH 21, 2024

Global capacity constraints came to the forefront during the global wide Covid – 19 pandemic period, when a global wide shortage of such devices considerably impacted automotive production and other equipment output. and European export controls and pouring capital into legacy chip making on a breathtaking scale.”

India 52

India China Manufacturing Procurement Supply Chain Planning Software 52

Resilinc

APRIL 19, 2022

The International Energy Agency recently estimated that demand for these five minerals and rare earth elements will grow ten times by 2040 in a baseline scenario based on current government policies—and by 30 times in a scenario with more aggressive policies. manufacturers decided to source REEs from foreign countries.

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Manufacturing Procurement Modeling Fort Worth Alloy 62

Supply Chain Matters

APRIL 4, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of global manufacturing output showing signs of stabilizing at the conclusion of Q1. That stated, the reported 49.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. A capacity planner optimizes production capacity. They are in charge of purchasing, procurement, and sourcing.

Negotiating Skills 69

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Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . based manufacturing facilities had soared by over 116 percent. Prediction Background. Canada or Mexico.

Predictive Analytics Software 52

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Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Resilinc

SEPTEMBER 20, 2022

While supply chains are starting to stabilize, Resilinc hopes the pandemic’s lessons will lead procurement and supply chain managers to shift to more regionalized sourcing models. and global OEMs have optimized and globalized sourcing and procurement to reduce labor and other input costs. Over the past 40 years, U.S.

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Supply Chain Matters

AUGUST 11, 2023

TSMC to Construct its First European Chip Fabrication Facility Industry leader Taiwan Semiconductor Manufacturing Company’s (TSMC) announced this week that the Taiwan based producer will construct its first European based chip facility that will be located in Germany. The fab will be operated by TSMC.

Supply Chain Planning Software 52

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ThroughPut

SEPTEMBER 27, 2023

As part of the role, he coordinated and integrated policy, strategy, resources, processes, and cross-functional issues for the Air Staff. With ongoing supply chain disruptions and the ensuing shortages in several sectors continuing to present defense capacity challenges, U.S. PR Contact ThroughPut Inc Tina Jacobs pr@throughput.ai

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QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 95

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

Supply Chain Matters

MARCH 3, 2022

Trade Policy agenda, and where government and global supply chain policies can either collide or align. . Turning to the domestic side, among the various topics addressed were specific supply chain and manufacturing focused areas. Trade Policy. State of the Union Address. ” Modified U.S.

Government 52

Government Global Supply Chain Software Supply Chain Strategy 52

Resilinc

AUGUST 30, 2022

Bernie Sanders and Ted Cruz criticized its $76 billion in subsidies and tax incentives for semiconductor manufacturers to build domestic chip fabs, saying that the act gives taxpayer funds too freely to profitable corporations. ” What does this all mean for supply chain managers responsible for procuring semiconductors?

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Planning Software Taiwan China 62

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Now that’s changed to help alleviate disruptions caused by China’s policy of zero-tolerance for Covid. #2 That’s a significant change from a predominantly “hands-off” policy.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Supply Chain Matters

MARCH 21, 2024

Intel CEO Pat Gelsinger has specifically indicated that the plans for Columbus, Ohio complex include being: “ t he largest AI chip manufacturing site in the world.” presence of an Intel , Samsung or TSMC supply volume and required capacity needs. It’s not going to come back in three to five years.” fab and associated capabilities.

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QAD

JULY 8, 2021

One of the reasons cited for the shortage was insufficient forecast information to provide adequate planning for the 22 week lead time, which is typical of semiconductor manufacturing. This was proven many years ago in an AIAG report entitled the Manufacturing and Assembly Pilot Project. Next Steps for Manufacturers.

Supply Chain Planning Software 89

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Supply Chain Shaman

JUNE 23, 2020

Procurement and transportation operated as islands. Manufacturers operate in a constrained environment, and the goal is the automation of the Theory of Constraints theory. Over 40% of the manufacturing is outsourced, and we have not automated networks. Theory of Constraints is only one tool in our tool belt. The need is there.

Supply Chain Design Software 283

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Supply Chain Matters

AUGUST 9, 2022

based high tech, and other related industry supply and manufacturing networks. based semiconductor research, development, manufacturing, and workforce development. That includes $39 billion in manufacturing incentives, $13.2 based chip manufacturing facilities in addition to two major facilities in the state of Texas.

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Manufacturing Procurement Taiwan Supply Chain Design Software Sourcing Strategies 52

QAD

MAY 18, 2023

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?

Price Reduction 92

Price Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Software 92

Supply Chain Matters

SEPTEMBER 1, 2022

Wei, the CEO of Taiwan Semiconductor Manufacturing Company (TSMC) addressing a tech symposium last week, indicated that an endemic shortage of relatively low-cost semiconductor devices, ranging in cost from 50 cents to $10 dollars, continues to dog global automotive manufacturers in their ongoing volume manufacturing needs.

Sourcing Strategies 59

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