Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. He received his Ph.D.

S&OP 244

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

NC State SCRC

MARCH 17, 2021

Prices for polyethylene, polypropylene and other chemical compounds used to make auto parts, computers and a vast array of plastic products have reached their highest levels in years in the U.S. For one of the high grade ethylene required, there is only one manufacturer in North America, who is in Texas (Eastman Chemical).

Texas 52

Texas Chemicals Supply Chain Design Software Supply Chain Design 52

Logistics Viewpoints

DECEMBER 12, 2022

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. Typically, supply chain planning drives significant reductions in inventory. I’m trying to get ahead of that.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 200

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies. Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Requis

FEBRUARY 24, 2020

On episode 7 of Supply Chain Next, host Richard Donaldson speaks with Alan Dunning, Principal Supply Chain Manager (Procurement & Contracts) for Worley. Worley is a leading global provider of professional project and asset services for the energy, chemicals and resources sectors. Highlights from the conversation.

Procurement 52

Procurement Negotiating Skills Negotiate Pricing Buyer Training 52

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. Refractories are products that have been chemically engineered to resist high temperatures. HWI employed a crawl-walk-run methodology. HarbisonWalker has over 1300 employees.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SYSPRO Smarter ERP

OCTOBER 11, 2021

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. Inventory control. In the chemical industry, certain chemicals can be dangerous if stored or transported close to each other.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). My view is that we are in phase 3 of the pandemic.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Kanban Logistics

SEPTEMBER 9, 2021

The six largest sectors – Computer & Electronic Products; Fabricated Metal Products; Chemical Products ; Food, Beverage & Tobacco Products; Transportation Equipment; and Petroleum & Coal Products – had moderate-to-strong growth. Inventories were up 5.3%. Third-party procurement. Vendor-managed inventory (VMI).

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

JUNE 14, 2018

Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. And, while inventories in automotive have decreased slightly, this progress is primarily due to the shifting of inventory back to suppliers versus overall value chain improvement.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Logility

SEPTEMBER 26, 2017

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Related Content: eBook: The Inventory Optimization Handbook. All of this can lead to a supply shortage.

Modeling 113

Modeling Supply Chain Planning Software Optimal Sourcing Supply and Demand 113

BR Williams Supply Chain Management

JANUARY 18, 2021

Warehouse inventory management systems (WMS). The ideal situation for any retailer or manufacturer is to have just enough inventory on hand to sell or to keep production lines running smoothly. Excellent safety and training programs. 6 Top Factors Influencing Distribution Management. Customer Perspective. Distributor Perspective.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

OptiProERP

JANUARY 7, 2020

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow. – Jack Welch, Former General Electric CEO, author and chemical engineer. Eliminate the need for manual production scheduling and reduce overhead expenses with a just-in-time inventory strategy.

Real-time Visibility 86

Real-time Visibility Manufacturing Procurement Material Savings Inventory Reduction 86

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. What are some of the biggest supply chain risks companies face today? At what cost?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

QAD

JUNE 23, 2022

His depth of experience at GM started on the engineering side before moving into manufacturing operations, at a time when GM was newly focusing on lean manufacturing and just-in-time inventory processes modeled by the Toyota Production System. From manufacturing, he moved into supply chain.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 75

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. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

OptiProERP

JANUARY 7, 2020

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow. – Jack Welch, Former General Electric CEO, author and chemical engineer. Eliminate the need for manual production scheduling and reduce overhead expenses with a just-in-time inventory strategy.

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

Supply Chain Game Changer

FEBRUARY 26, 2021

Upon graduating with a master’s degree in Chemical Engineering in 2017, I started my Supply Chain career planning inventory and managing orders on Excel to fulfil online consumer and retail business demand for a haircare product. As a digital native born at the end of the millennial era, it is fair to say I also expect nothing less.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Demand Planning Software Modeling Software 78

USC Consulting Group

JANUARY 10, 2022

We work with a wide range of industries, including chemical processing, forestry products, food & beverage, life sciences, mining & metals, oil & gas, transportation & logistics, private equity, and yes, manufacturing. It’s a useful process, but we’ve found it’s missing a critical area: Inventory.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. In our work with pharmaceutical companies, most executives wince when we mention inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%. It is rising inventory levels. What Can We Do?

Pharmaceutical 167

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 167

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Simply put, as shippers take a more holistic approach to transportation network design, procurement, planning, and execution, all modes are on the table for consideration.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

ThroughPut

FEBRUARY 1, 2023

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory and warehouse management practices. u can’t just turn around a giant cargo ship.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

AFFLINK

JULY 13, 2016

Janitorial maintenance: cleaning chemical, hand towels, and restroom tissue. Track Your Inventory- If you don’t have analytics in place to monitor your indirect supply, you may be squandering dollars and not realize it. You also may not be as efficient as you could be without centralizing information about inventory replenishment.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 48

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

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

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. As a consumer, let us say, you are given a choice between two identical iPhones—one that was made in China with Just-in-Time inventory management, and the second made in the U.S., Obviously, most will choose the cheaper iPhone.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

MAY 14, 2013

Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” When companies look at singular metrics (labor costs or inventory), they have moved backwards. Which industry sector can we learn from?” There is no substitute for leadership.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Requis

OCTOBER 31, 2019

Particularly when, according to a study by Advisian Digital, one-third of experts believe that artificial intelligence will have the biggest impact on the energy, chemicals, and resources industry. What if you could view a live video stream of a shelf number in your warehouse by simply entering that number into your inventory dashboard?

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

Particularly when, according to a study by Advisian Digital, one-third of experts believe that artificial intelligence will have the biggest impact on the energy, chemicals, and resources industry. What if you could view a live video stream of a shelf number in your warehouse by simply entering that number into your inventory dashboard?

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82