USC Consulting Group

AUGUST 17, 2020

However, with manufacturers and supply chains across the world reeling with the ongoing problems the pandemic has presented, we are seeing a definite shift in the ways business is conducted. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted.

Manufacturing Procurement 81

Manufacturing Procurement Demand Planning Software Supply and Demand Manufacturing 81

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. And because of the catastrophic impact on the global food supply, as well as food prices, more than a billion people could be pushed into famine and destitution.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

USC Consulting Group

JUNE 3, 2020

This includes food and beverage suppliers, packers, and manufacturers. Indeed, the pandemic and resulting economic downturn have impacted several major organizations, and as a result, led to a domino effect resulting in back orders and food shortages. Inventory management more of a priority.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Material Savings Beverage 64

RFgen

JULY 6, 2014

As the welcoming manufacturing climate in China has seemingly eroded over the past several years, organizations hoping to take advantage of the country’s low cost of production have increasingly decided to look elsewhere. The company has operated out of China for 12 years but is expanding its reach in the U.S.

Inventory Management Software 52

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RFgen

JULY 6, 2014

As the welcoming manufacturing climate in China has seemingly eroded over the past several years, organizations hoping to take advantage of the country’s low cost of production have increasingly decided to look elsewhere. The company has operated out of China for 12 years but is expanding its reach in the U.S.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Management South Carolina 52

Logility

JUNE 30, 2022

resigned from their jobs in durable goods manufacturing. Food supply chains already heavily damaged by the effects of COVID-19 have received yet another blow from labor shortages. China, which had a worker surplus of 55.2 Roughly 25% of workers plan to change jobs in 2022. In February alone, 22,000 people in the U.S.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Logistics Viewpoints

JULY 9, 2021

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. Restaurants, bars find suppliers’ inventories are running dry. As a result, the Olympics will take place without spectators.

Logistics Network Optimization Software 165

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GlobalTranz

FEBRUARY 6, 2018

A manufacturer in China doesn’t read the specs on an order. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Supply chains are messy. Blockchain in Supply Chain Can Help.

Supply Chain Design Software 411

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 411

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

ToolsGroup

MAY 28, 2020

Dave Food, Strategy Director of Prophetic Technology, discussed in a recent webinar how companies have adapted their supply chains during this crisis, and provided guidance in planning for recovery and future uncertainty. Current Pandemic COVID-19 and its impact in China. As a consequence inventory became difficult to plan.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 156

BlueYonder

MARCH 6, 2020

The coronavirus, which began in China, has spread to 88 countries/areas/territories to date and is on every continent except Antarctica. The second is the shortage of parts and products from suppliers located in the heart of the outbreak – China – that companies need to make products and keep store shelves stocked.

Real-time Visibility 92

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 92

Requis

OCTOBER 30, 2020

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logistics Viewpoints

AUGUST 12, 2022

Demand for grocery delivery cools as food costs rise. has acquired Skipcart, a startup that has developed a major network of drivers for the last-mile delivery of restaurant food, grocery, convenience-store, and other goods in the United States. Contrast this with China which has built out 800,000 across the country.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

RFgen

OCTOBER 14, 2015

Manufacturing productivity calls for efficient staffing levels, operational production equipment and proper supply inventory management. Calculating the cost of raw materials needed for manufacturing becomes more difficult as supply prices change due to a variety of outside factors. A recovering U.S.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Manufacturing Procurement Purchasing Skills 52

RFgen

OCTOBER 14, 2015

Manufacturing productivity calls for efficient staffing levels, operational production equipment and proper supply inventory management. Calculating the cost of raw materials needed for manufacturing becomes more difficult as supply prices change due to a variety of outside factors. A recovering U.S.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Manufacturing Procurement Purchasing Skills 52

BlueYonder

MAY 18, 2020

Automotive and industrial manufacturing plants are being shuttered around the world, which has affected not just the OEMs but also their Tier 1, Tier 2, and Tier 3 suppliers. Daimler has already reopened its factory in China and has said the vast majority of its dealerships have reopened. As of April 10, 99.7%

Automotive 89

Automotive Modeling Supply Chain Planning Software Scenario Planning 89

Logistics Bureau

MARCH 19, 2020

More than 60 percent of firms said delays were related to orders from China. With some 5 million companies impacted by China’s supply chain woes, the picture is similar in other parts of the world. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. The Food Industry.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Their Head of Supply Chain, Daniel Bull-Clearie, initially sourced their raw product entirely from their own coastal farm.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Elementum

AUGUST 9, 2022

Executive Summary You’re probably familiar with the concept of Design for Manufacturing: taking manufacturing processes, scalability, and profitability into account as a product is being developed, and designing for optimal results given all of the known constraints. Like me, you may remember learning about them in college.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Additionally, logistics planning should also be a top priority.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Kanban Logistics

SEPTEMBER 24, 2020

For example, let’s say your product is manufactured and packaged in China and is shipped to you in North Carolina for distribution here. You can ship the products back to China to be reconfigured and then shipped back to the U.S. Manufacturing logistics services. Third-party procurement. without using an FTZ).

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Supply Chain Game Changer

APRIL 16, 2020

A few weeks ago, we wrote about the impact of the Coronavirus epidemic on Supply Chains – specifically, how the emerging crisis in China had placed new pressures on companies importing finished goods and raw materials from overseas. As a great New York Times article over the weekend put it, “ There is Plenty of Food in the Country.”

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply and Demand Supply Chain Manufacturing Procurement 92

BlueYonder

DECEMBER 10, 2018

For decades, from hardware to electronics, textiles, food, household goods, and general merchandise; retailers have been offering lower prices on goods sourced overseas. Though there has been some change in recent years, most imported goods to the United States originate in China. What can retailers do?

Purchasing Skills 66

Purchasing Skills Negotiating Skills Optimal Sourcing Negotiate Pricing 66

Elementum

JULY 6, 2022

Based on the demand plan, the supply planning or inventory management teams make a plan for volume and types of supplies to order from vendors. The procurement team orders those goods — and as the supplies arrive, the manufacturing team builds the product. These rolling outages have continued to this day in parts of China.

Supply and Demand 78

Supply and Demand Supply Chain Planning Software Supply Chain Planning Supply Chain Software 78

Supply Chain Shaman

SEPTEMBER 30, 2014

Source Wikipedia. Consumers became more loyal to retail brands, and retailers increased the number of products manufactured and marketed as house brands. This trend spawned chains like Trader Joes, Walmart, Whole Foods, etc. Current State of Perpetual Inventory. Definition: Brass tacks are a type of pin or nail.

Optimal Sourcing 301

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 301

EMERGE App

AUGUST 5, 2018

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

Inventory Management Software 45

Inventory Management Software Inventory Management Inventory Reduction Inventory 45

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

DynaSys

APRIL 28, 2020

Non-Perishable Food sales, for example, are increasing while cinema and entertainment are decreasing. It helps procurement managers assess the impact of these changes on product supply – or production managers on production capacity optimization. Redefine Inventory Strategies. Monitor Supply Shocks. Redesign the Network.

Inventory Reduction 90

Inventory Reduction Scenario Planning Cost Reduction Strategies Optimal Sourcing 90

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. That’s what pet care and consumer foods company Mars plans to do with the digital twin technology that it will roll out across its global factory network, having used it to improve production efficiencies successfully during trials. million (AUD) into the red.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52