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

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 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

APRIL 4, 2024

In this issue, we look at: The latest in global supply chain news Manufacturing tips from a safety gear founder 3 simple ways to cut inventory carrying costs Job opportunities from Rolls-Royce, Apple, and more In supply chain headlines New EU due diligence law altered to persuade Italy, Germany. Here’s what he had to say.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

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 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

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. While transportation is vital to the success of a supply chain, its use may not be optimal. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

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

AIMMS

NOVEMBER 2, 2020

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. If you’re curious about where your chemical company stands, take the assessment today. How mature is S&OP at your chemical company?

Chemicals 317

Chemicals S&OP Demand Planning Software Purchasing Skills 317

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

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 Matters

NOVEMBER 23, 2022

According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee. South Korea based LG Chem announced this week a planned $3.2 Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

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

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

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 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

AIMMS

MARCH 4, 2021

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. If you’re curious about where your chemical company stands, take the assessment today. How mature is S&OP at your chemical company?

Chemicals 156

Chemicals S&OP Demand Planning Software Purchasing Skills 156

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Dow Chemical, for example, considers environmental concerns a critical feature of its policies and procedures.3

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 40

Unleashed

JULY 11, 2021

Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable. Across Europe, EPDs are routinely factored into personal and corporate level purchasing and supply chain management decisions. Equally, regular monitoring, testing, and reporting is required.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

ThroughPut

NOVEMBER 21, 2022

The joint solution will enable businesses to quickly leverage project44 platform’s purchase order and sales data to sense and predict demand at a local level, audit material flow to drive efficiencies and achieve On-Time, In-Full (OTIF) deliveries at a supplier and product level. Learn more at project44.com.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply and Demand Gartner Supply Chain Optimization 52

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Kinaxis

OCTOBER 9, 2017

In CAR-T cell therapy, every single dose of a treatment is completely personalized, as it involves extracting the patient’s immune cells, bringing them to a production facility, genetically modifying them, transporting them back (at minus 180oF!!), In pharma, manufacturing batch sizes are driven by equipment efficiency.

Pharmaceutical 84

Pharmaceutical Agile and Lean Supply Chain Supply Chain Planning Software Modeling 84

EMERGE App

MARCH 11, 2021

The raw material is a type of inventory used by the manufacturer in the conversion process to generate subassemblies, components, or final groups. As well, they could be elements or objects purchased from outside the firm. Subassemblies assemble or manufacture the end product. The part made is the parent. Work-In-Progress.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Manufacturing Procurement 52

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. Since most companies invested in the automation of the enterprise, not the value network, visibility within the company and the transportation network is a strength.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

ThroughPut

DECEMBER 3, 2019

Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. Curtis Feeny : Managing Director at Voyager Capital.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 52

ThroughPut

MARCH 23, 2020

As an insider who has spent a decade in data analytics for industrial operations, I hope to walk you through the evolution of supply chain behavior through such a Black Swan event, share what is happening behind-the-scenes, and how I am working towards making supply chain systems more antifragile.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

As an insider who has spent a decade in data analytics for industrial operations, I hope to walk you through the evolution of supply chain behavior through such a Black Swan event, share what is happening behind-the-scenes, and how I am working towards making supply chain systems more antifragile.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

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

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

Talking Logistics

APRIL 27, 2016

For suppliers and mid- to large-sized companies, supply chain visibility serves as the foundation for strategic decisions and tactical improvements across the entire transportation network. Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

Supply Chain Game Changer

DECEMBER 1, 2020

The ultimate goal is to ensure the uninterrupted availability of quality vaccines from manufacturer to service-delivery levels, so that opportunities to vaccinate are not missed because vaccines are unavailable.” Then you have to manufacture, transport and distribute it. Procurement of Vaccines.

Pharmaceutical 59

Pharmaceutical Distribution Supply Chain Planning Software Supply Chain Strategy 59

Supply Chain Game Changer

NOVEMBER 26, 2022

Oilfield services market, in general, covers manufacturers, repairers, and maintenance companies specializing in oil extraction and transportation. A general description of these oil and gas service companies could be that they manufacture, repair, and maintain equipment that is used in oil extraction and transportation.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Purchasing Skills Manufacturing Procurement Optimal Sourcing 70

Unleashed

FEBRUARY 15, 2021

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this.

Food 93

Food Trends Industrial Industry 93

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. Product demand has a lot to do with creating environmental issues in the manufacturing industry. IKEA certainly has no problem understanding it.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Material Savings Industrial 120

EMERGE App

OCTOBER 21, 2018

If you’re dealing with chemicals in your business, you have an obligation to store and transport these chemicals safely. Also, you need to comply with various government laws and regulations that include keeping a proper record of hazardous chemicals. Hazardous Chemical Storage Laws Around the World.

Chemicals 53

Chemicals Inventory Management Software Modeling Software Demand Planning Software 53

ThroughPut

OCTOBER 2, 2019

Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics.

Cost Reduction Strategies 40

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 40

RFgen

OCTOBER 17, 2019

ERPs bring together planning, purchasing, finance, inventory, human resources and many other aspects of your business. For manufacturers, distribution and transportation businesses looking to counter market pressures like tariffs and labor challenges, these efficiency gains are important to reducing overhead spends.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Pharmaceutical Optimization Software 53

RFgen

OCTOBER 17, 2019

ERPs bring together planning, purchasing, finance, inventory, human resources and many other aspects of your business. For manufacturers, distribution and transportation businesses looking to counter market pressures like tariffs and labor challenges, these efficiency gains are important to reducing overhead spends.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Pharmaceutical Optimization Software 52