The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Relocating production from China. Operational strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

JUNE 17, 2022

Among global CEO s, 38 percent indicated that rising tensions among the US and China , along with the Ukraine conflict’s implications will likely have a major impact on business operations in the next 12 months. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

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

SCMDOJO

JANUARY 31, 2024

From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. per hour. .

Supply Chain Design Software 71

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 71

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. The China COVID disruption impact is ongoing creating container and chassis imbalances.

Supply Chain Design Software 130

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

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks. Few knew until impacted.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Logistics Viewpoints

NOVEMBER 17, 2022

Beer manufacturers like Heineken are already passing on the cost to end consumers after prices of aluminum hit an all-time high in 2022, while companies like Karl Strauss are cutting down on their special releases and seasonal beer to ensure optimal can inventory.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Evaluate Inventory. Evaluate inventory health weekly.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

ivalua

NOVEMBER 26, 2020

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. For example, China and the United States are ranked 1 and 2 respectively for the production of rare earth elements, but this is deceiving as China is producing 5 times the amount of the United States.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Logistics Viewpoints

FEBRUARY 26, 2024

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred. But there was a cost to this.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Logistics Viewpoints

NOVEMBER 28, 2022

Or it might be the ability to secure the necessary quantity of inventory that is needed or respond to unexpected surges in demand. Historically, companies assumed suppliers would be able to supply raw materials or that the lead time from China to deliver those materials was three weeks. These assumptions simplified planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

ivalua

MARCH 31, 2020

The effective shutdown of industrial activity in Wuhan, China — ground zero for the virus – presented particularly difficult problems for manufacturing firms worldwide, many of which had come to depend on materials, components and finished goods made in China. A renewed outbreak somewhere else in China, then we are back to square one.…

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

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. The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. HWI Has a Complex Supply Chain.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

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

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Profitability objectives are paramount, but inventory overhang remains a significant challenge.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Procurement Academy

MARCH 2, 2023

With 65 learners based in countries including Sweden, Bulgaria, France, Switzerland, Germany, the US, Taiwan and China, they have some challenges to overcome. After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

SCMDOJO

APRIL 22, 2024

Read more about The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement at our website SCMDOJO! Another reason to map your supply chain is so you can comply with the legislation that is required from all the countries that your inventory is moving to and from.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

APRIL 25, 2024

billion, a reflection of increased price discounting and a building inventory of unsold vehicles. In the latter category, global vehicle inventory expressed in days of supply was reported as 28 days, compared to 15 days in the year-earlier quarter. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

Supply Chain Matters

JULY 5, 2023

The report cautions that the EV automaker’s vehicle demand patterns have been softening of-late and that this automaker has added risk in building too much finished inventory. The CNN report indicated that based on the China trade agency data, the Shanghai facility accounted for 53 percent of total sales in the recent quarter.

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

Supply Chain Matters

JANUARY 6, 2023

The three largest global economies ( Europe , United States , China ) expected to stall. Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

BlueYonder

FEBRUARY 14, 2023

Now companies from the Far East and China are having similar access to the U.S. Sunil: The bills-of-materials have to be managed, re-managed, and updated on a regular basis, which from both a master data and a procurement perspective is difficult. This can be done by reducing inventory in multiple sites and how they are stored.

Manufacturing Procurement 127

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 127

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Logility

OCTOBER 21, 2021

For example, the Department of Homeland Security (DHS) has ordered detainments of shipments of cotton and cotton products from the Xinjiang Production and Construction Corps (XPCC) in China due to forced prison labor in these areas. Balance inventory and demand. Engage in anti-corruption.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. Air rates – Freightos Air Index China – N.

Negotiating Skills 276

Negotiating Skills Optimal Sourcing Asia Europe 276

Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. A Rebound in China’s Production Activity Levels The two recognized indices of PMI within China indicate a rebound in production activity in the final month of Q3. China Business Council.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Logistics Bureau

MARCH 3, 2020

Once China was hit by a Coronavirus epidemic and factories ordered closed, it was inevitable that global supply chains would be affected. The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Logistics Viewpoints

SEPTEMBER 28, 2021

The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Opz

OCTOBER 3, 2013

The company held $500 million of inventory which was about 2 months coverage, much more than those of the other technology companies. Steve Jobs met Tim Cook In 1998, Steve Jobs invited Tim Cook for the interview while Cook was working as a procurement and supply chain leader at another company.

Case Study 268

Case Study Supply Chain Software Study Supply Chain 268

Supply Chain Matters

OCTOBER 25, 2022

The report further indicates that two downstream suppliers in China that rely on the parts and assemble them into larger modules are also cutting their production 70 percent and 90 percent, respectively. Whereas the spot rate to ship a container from China to the U.S. West Coast had declined to the lowest level in more than two years.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. The supply plan will include the procurement plan for their raw material supplies (Tier 2) needed for their finished goods suppliers (Tier 1). COVID adversely affected many multinationals.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. In fact, in future, such suppliers will be managed in many cases by means of automated procurement. Holistic Supplier Management. The post What Makes a Supplier “Strategic”? Not Spend Volume.

Negotiating Skills 103

Negotiating Skills Negotiate Pricing Manufacturing Procurement Purchasing Skills 103

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

The Logistics of Logistics

AUGUST 11, 2021

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. In 2020, the skillet was manufactured in China using Australian or Brazilian iron ore. The skillet was shipped by truck (rather than rail) directly to the retailer.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130