SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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 today’s market, logistics is essential to meet customer needs and remain competitive. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logility

OCTOBER 29, 2021

Process manufacturing companies — such as those in the packaging, specialty chemicals, and rolled and woven goods sectors — are dealing with overcapacity as well as price pressures and continuing supply chain uncertainties. Existing supply chain disruptions aside, if your products don’t meet regulatory requirements, you are taking huge risks.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

This is not just for meeting a target – it is for the health of our planet. 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! The lesson here is it pays to act fast to get green.

Supply Chain Planning Software 227

Supply Chain Planning Software Iceland Supply Chain Software Procurement Solutions 227

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

If you purchased trucks for your shipping fleet, how much carbon was emitted in making those vehicles? The carbon footprint for attending a meeting on the other side of the globe would show up here. Calculating and Reporting Carbon Emissions. Companies essentially need to report what is fair and reflective of their processes. .

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

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. This can be different as well as for the purchasing (e.g. grams for dry materials and litres for liquid ingredients). Inventory control.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. GEON is owned by SK Capital.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Shaman

JUNE 14, 2018

PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar. Cross Site Analytics. MRP logic is a transactional planning tool for procurement. Shortage Management.

Optimal Sourcing 169

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

Unleashed

FEBRUARY 14, 2024

In accounting, finished goods inventory is the specific number of inventory or manufactured items that you currently have in stock available for customers to purchase. Finished goods inventory is reported as a current asset on your balance sheet. These raw materials can be purchased from suppliers or extracted from natural resources.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Having a multi-tier supply chain strategy will be key to meeting these emerging ESG regulations. Cotton is a great example.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Having a multi-tier supply chain strategy will be key to meeting these emerging ESG regulations. Cotton is a great example. Plastic usage. Fair wages.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

AIMMS

FEBRUARY 22, 2018

The chemical industry is facing some powerful changes that are directly impacting revenues and margins. This means chemical companies need to be adept at managing costs and profitability. There’s a lot of flux in the chemical industry. The case for prescriptive analytics capabilities in S&OP.

Prescriptive Analytics Software 196

Prescriptive Analytics Software S&OP Analytics Software Chemicals 196

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. The solution considers projected demand and service level goals.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

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

Unleashed

FEBRUARY 21, 2022

Consumer-led demand: personalisation and sustainability Globally, the industry is shifting to meet consumer-led demand, with production processes designed to meet the changing requirements of customers. Digital supply networks and data analytics will also be utilised to allow for more agile responses to disruptions.

Manufacturing Procurement 98

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

Logistics Viewpoints

APRIL 26, 2024

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. This means the company won’t need to purchase additional aircraft, but will bring additional pilots on board to handle the volume boost, according to Tomé.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Material Savings Baltimore 207

EcoVadis

OCTOBER 17, 2017

million metric tons this year. These countries often don’t have the infrastructure required to ethically or efficiently handle waste recycling, leading to a buildup of harmful chemicals that affect populations near dumping sites. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2 Even as the new U.S.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain View from the Field

JUNE 17, 2015

I am delighted to share with readers of my blog, the announcement of a new report completed by Jay Golden from Duke University and myself, that was released today at 11 AM and announced by Tom Vilsack, Secretary of the Department of Agriculture. Agriculture Secretary Tom Vilsack today announced the release of the report that shows the U.S.

Study 60

Study Chemicals Manufacturing Procurement North Carolina 60

ThroughPut

DECEMBER 3, 2019

Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. He served on the board of Trammell Crow Company (TCC: NYSE), which was purchased by CB Richard Ellis (CBG: NYSE) in 2006. Where and how do I get started with using technology capabilities like AI, real time analytics etc. project?

Cost Reduction Strategies 52

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

Supply Chain Shaman

SEPTEMBER 30, 2012

Yes, you see Dell with their social listening organization; and yes, you see weekly meetings at Whirlpool to discuss twitter feedback; but this is the exception, not the rule. The ends of the supply chain–both in customer and procurement– are fragile. Charlene wrote the report [link]. Absolutely! Is there promise?

Supply Chain Design Software 286

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 286

BlueYonder

NOVEMBER 3, 2016

It’s never been easier to customize the shopping experience — from product personalization to a myriad of purchasing and delivery options — to meet your specific needs. According to the survey results, price is the top key factor when purchasing directly from a manufacturer for 57 percent of respondents.

Manufacturing Procurement 40

Manufacturing Procurement Price Reduction Prescriptive Analytics Software Purchasing Skills 40

Supply Chain View from the Field

SEPTEMBER 3, 2015

I had the opportunity to present at a hearing in Washington last week – this was a public meeting of the Biomass Research and Development Technical Sub-Committee. Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

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. United States.

Chemicals 53

Chemicals Inventory Management Software Modeling Software Demand Planning Software 53

ThroughPut

OCTOBER 2, 2019

Curtis Feeny : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. He served on the board of Trammell Crow Company (TCC: NYSE), which was purchased by CB Richard Ellis (CBG: NYSE) in 2006. Curtis was appointed by President George W. billion to $9 billion.

Cost Reduction Strategies 40

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

Provenance

FEBRUARY 4, 2021

The British Beauty Council’s report, Courage to Change 2020 , was unequivocal: “The industry must play its part in bringing about bold, urgent change. They want to know if your sunscreen contains the chemicals which are decimating coral reefs worldwide. Speed up to meet accelerated shopper expectations. Credit: Curology).

Purchasing Skills 52

Purchasing Skills Supply Chain Software Forecasting Software Demand Planning Software 52

Supply Chain Shaman

MARCH 15, 2016

Last Thursday I flew to Munich to meet with SupplyOn. Sadly, I find each to have a limited view of supply chain analytics. The processes are largely batch, using data with great latency (orders and purchase orders). In 2004 Compuware purchased Covisint. My time on the European continent is busy. An Old Gal on a Mission.

Supply Chain Software 150

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

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.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100

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

Unleashed

FEBRUARY 15, 2021

Another consumer trend hitting the headlines (and largely elevated by the pandemic) is the growth of a digitised presence, especially for those who previously used traditional channels, to meet the need for food on-demand. Key trends in the vitamin and supplement industry: 2021 report. Meat alternatives. More on-packaging messaging.

Food 93

Food Trends Industrial Industry 93

RFgen

AUGUST 14, 2017

The Origin of DFARS Compliance Requirements Back in May 2012, after a year-long investigation, the Senate Armed Services Committee (SASC) released a report about electronics counterfeits in the defense supply chain. The defense industry routinely failed to report cases of suspect counterfeit parts.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Material Handling & Logistics

SEPTEMBER 21, 2017

Some states are limiting corporate access to renewable energy, making it difficult for manufacturers to meet energy goals. Yet many of these manufacturers now face a challenge in accessing the clean energy they want and need, due to state policies that limit corporate renewable energy procurement. Printer-friendly version.

Manufacturing Procurement 81

Manufacturing Procurement Procurement Analytics Manufacturing Ohio 81

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Material Handling & Logistics ). McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Procurement Academy

FEBRUARY 6, 2024

the Securities and Exchanges Commission (SEC) has proposed rule changes that would require registrants to include disclosures in their registration statements and periodic reports regarding climate-related risks and the company’s greenhouse gas emissions. In the U.S.,

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

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

ShipBob

SEPTEMBER 10, 2021

And without your staff, you can’t meet customer expectations. Part of a warehouse receiving inspection includes training staff on throughly checking important details of every delivery: Quantity delivered and ensuring it matches what is listed on the purchasing order. How will I ensure security of my inventory?

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 52