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Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness.

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. So, why do supply chain managers not take advantage of this data with respect to procurement?

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Consider Cyber Security Concerns in the Procurement Supply Chain.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.

Chainalytics Wins Award for Delivering Sustainability-Minded Freight Procurement Strategy

CHAINalytics

Atlanta, GA (January 12, 2021) – Chainalytics, a recognized global leader in data-driven supply chain consulting, announced today that it has received the 2020 Green Supply Chain Award from Supply & Demand Chain Executive.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight. Companies Will Seek New Ways to Use Technology in Procurement.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

The era of paper-based systems and physically monitoring the supply chain is ending. Supply Chain Management. Supply chain management is a broad term used to describe the current use of the industrial internet of things in the supply chain. Warehouse management of the IoT is built the same principles of overall IoT-based supply chain management. appeared first on Transportation Management Company | Cerasis.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? When a Lean culture is truly developed in a company, and old behavior, habits, and ways of working are modified, people become process improvement and problem solvers. Competition is one way to sustain Lean in any company.

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Manufacturing and Supply Chain Challenges During a Pandemic

QAD

A pandemic can so easily shape the future for manufacturers and suppliers. In light of the COVID-19 outbreak, big changes are already happening, such as an increase in manufacturing automation and a reduced need for assembly line workers. Manufacturers are under a significant amount of pressure, and many have stepped up to produce essential products like hand sanitizer , protective face shields , respirators and ventilators.

A Quick Guide to Roles in Procurement

Logistics Bureau

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division.

4 ways IT & Procurement team collaboration increases resilience

ivalua

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

Sustainable Packaging: A Challenge and Opportunity for Food Manufacturers

QAD

Ever since consumers started purchasing goods commercially, the ways in which products are packaged determine how most food manufacturers differentiate themselves from the competition. Some companies can even go without a logo or label to identify the product or the company that makes it.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

Understanding how different factors affect the supply chain remains a top priority for research firms around the globe. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Additionally, the push toward creating a self-sufficient AI is growing stronger among supply chain professionals.

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[e-Book] The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries

Cerasis

The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. In this e-Book, we will explore emerging technologies and applications which will forever change the industries of manufacturing, supply chain, logistics, and transportation forever. We will cover the following topics: Manufacturing Technology Changes. Technology’s Role in Procurement.

5 Drivers of the Digital Supply Chain in Manufacturing

ThroughPut

According to recent studies , in the absence of a solid digital supply chain infrastructure, manufacturers can expect up to 44% supply chain complexity and inefficiencies, which can create growth barriers. What is Digital Supply Chain in Manufacturing?

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Digital Supply Chain Predictions!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here!

Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Procurement is one step in that process.

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! This white paper, “The Top Supply Chain Trends that will Impact Supply Chain Management in 2018” is the second in our overall industry trends white paper series.

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

To sum it up, an activist investor caused a major shakeup in the company earlier this year and a new CEO took over in March. The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. The effects of these delays are being felt by many companies including McDonalds, Kellogg, Kraft-Heinz, and PepsiCo, as the article cites.

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. For me, it was manufacturing.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. View our recent webinar and learn how Italian pharmaceutical company Angelini navigated through supply chain disruption.

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning.

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Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Typical Supply Chain Challenges.

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. This would have meant that companies could have dramatically expanded their production value, but advanced robotics capabilities are also having an impact. Procurement Operations Became Decentralized and Adaptable.

Supply Chain Artificial Intelligence Offers Wisdom to Supply Chain Management

Cerasis

Our previous discussion on augmented reality revealed a new trend in supply chain management , the use of computer-simulated imagery to enhance production and efficiency. However, the supply chain tends to forget how augmented reality will naturally transform the entire supply chain, and supply chain artificial intelligence is one of the key driving forces behind supply chain augmented reality.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. In order to implement this visibility, it is crucial that companies take into consideration many elements. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors.

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Demand Planner: Someone who estimates what demand there will be in the future for a company’s products. Manufacturing.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. It is very similar to the man in the picture: a company attempting to teeter between two similar, but very different worlds. Success in Supply Chain Planning Is a Flip of a Coin. How Can Companies Improve Outcomes?

Putting Procurement Front and Center of Your Supply Chain

Oracle SCM

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. As supply chains become more dynamic, companies must pay closer attention to supply and supplier management. The new procurement professional needs a broad set of skills.