Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Sourcing and supply chains working in a siloed manner can cause significant delays, resulting in lost revenue upside while escalating costs.

Manufacturing Procurement 284

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 284

ToolsGroup

MAY 17, 2022

A combo of pandemic-related increased demand, and the tragic destruction of a key chlorine manufacturer have led to 2022’s swimming pool chlorine shortage. Image source: Cape Analytics. The fire started at Majestic Industries, before spreading to the Qualco chemical plant located nearby. The cause of this tragedy? The result?

Purchasing Skills 367

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RFgen

JANUARY 16, 2025

Keeping track of all your moving parts in manufacturing is a tall order. That’s where manufacturing inventory management software comes in. We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Raw materials, works-in-progress, finished goods it’s enough to make your head spin.

Inventory Management Software 52

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Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

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Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 329

Case Study Inventory Reduction Agile and Lean Supply Chain Study 329

Supply Chain Brain

JUNE 15, 2025

Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 59

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing.

Manufacturing Procurement 132

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 132

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. 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. What is process manufacturing?

Manufacturing Procurement 119

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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. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

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Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 424

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Logility

JUNE 28, 2017

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) I believe there are several key ingredients to formulating a winning process manufacturing supply chain. can vary from lot to lot.

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

Supply Chain Shaman

SEPTEMBER 30, 2012

The ends of the supply chain–both in customer and procurement– are fragile. Last month, I was at a chemical manufacturer, and the Chief Supply Chain Officer walked me to the elevator. For most leaders in supply chain and manufacturing, this is a new world, and not one that is well-understood or valued.

Supply Chain Design Software 319

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Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 154

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Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. It was predictable. The solution considers projected demand and service level goals.

Modeling 270

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Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Arkieva

JUNE 28, 2016

Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

AUGUST 16, 2024

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. according to the Walmart Marketplace website. Cargo imported into the U.S. from May’s 2.24

Logistics Network Optimization Software 300

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Logility

AUGUST 17, 2016

Process manufacturers face a highly complex supply chain challenge. Add to these factors such as razor-thin margins, SKU-proliferation, globalization, and products that tend to be heavy, bulky and/or expensive to move and it quickly becomes apparent why process manufacturing supply chains are very challenging.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

A case in point is Tesla, the electric car manufacturer, which reported carbon credit sales of $518 million in the first quarter of 2021, with the majority of purchases coming from other automakers! You could play the important role of selling carbon credits to companies that need to mitigate their emissions.

Supply Chain Planning Software 227

Supply Chain Planning Software Iceland Supply Chain Software Procurement Solutions 227

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. Dean Sorenson concurs. GEON is owned by SK Capital.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Material Handling & Logistics ). McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. Sadly, only 7% of companies test before purchase. ” There is a belief that the purchase from an ERP solution provider improves integration.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 252

Exiger Perspectives

JANUARY 7, 2025

Exigers Proprietary Third-Party and Supply Chain Risk Model Exigers Proprietary model delivers comprehensive insights into supply chain risks by leveraging advanced AI-driven analytics to assess vulnerabilities across multiple tiers. Exiger identifies suppliers potentially impacted by a natural disaster.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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Supply Chain Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. Hosting this webinar series is one of the favorite parts of my job as the Founder of Supply Chain Insights. Power is shifting to the hospital.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Supply Chain Brain

JUNE 24, 2025

adults expect to pay more for food this summer compared to last summer due to inflation, and nearly half (47%) expect to pay the same, suggesting 80% report feeling no relief from high grocery prices. consumers, conducted for QR code company, GS1 US , found that 33% of U.S. The survey, released June 23, also found that U.S.

Purchasing Skills 52

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Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Kanban Logistics

SEPTEMBER 9, 2021

The past few years have been quite the rollercoaster for manufacturers. In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. Third-party procurement.

Manufacturing Procurement 52

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Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6

Supply Chain Software 100

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Elementum

OCTOBER 13, 2017

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern. What’s in it for Walmart? Walmart’s Offered Products.

Material Savings 97

Material Savings Manufacturing Procurement Chemicals Supply Chain Planning Software 97

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In this scenario, a retailer orders stock from a manufacturer or a designer. Supply Chain 4.0

Inventory Reduction 117

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 117

Enterra Insights

NOVEMBER 4, 2019

Former McKinsey analyst Markus Zils adds, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

Kinaxis

OCTOBER 9, 2017

In such a high mix, low volume portfolio, decisions such as how to allocate short supply to patients in case of contamination of a manufactured batch, can be lifesaving. In pharma, manufacturing batch sizes are driven by equipment efficiency. Keep manufacturing well informed. Ensure distribution capacity is in place.

Pharmaceutical 81

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