Supply Chain Game Changer

APRIL 28, 2020

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing? procurement #purchasing #sourcing.

Sourcing 62

Sourcing Quality Automotive Supply Chain Disruption 62

Talking Logistics

MARCH 27, 2013

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.

Sourcing 172

Sourcing Pennsylvania North America China 172

Talking Logistics

APRIL 13, 2020

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Overall, I believe this pandemic will cause companies to reevaluate their supply chains in light of whatever reality we find. Manufacturing? Manufacturing? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

Manufacturing 105

Manufacturing United States Supply Chain Logistics 105

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Subscribe Here!

Sourcing 60

Sourcing Quality Asia eBook 60

DELMIA Quintiq

JANUARY 27, 2020

Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. That means a company’s supply chain activities, vendors and talent pipeline could very well span the globe. This is the advantage as well as the consequence for companies that take advantage of emerging markets to achieve a broader footprint and a wider audience. This branch of technology helps manufacturers on two fronts: backup and disaster recovery.

Manufacturing 143

Manufacturing Chemicals Data Resources 143

EC Sourcing Group

JANUARY 11, 2021

In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. What is our sourcing strategy?

Sourcing 52

Sourcing Military Procurement Strategy 52

Supply Chain Brain

JUNE 11, 2020

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing

China 85

China Sourcing Manufacturing Company 85

Logility

DECEMBER 29, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start.

Manufacturing 130

Manufacturing eBook Metrics Quality 130

Cerasis

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. So where should a company begin? Reshoring is a hot topic in manufacturing. Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. made goods to be sold in their stores, and this will drive even more companies to reshore. So where should a company begin?

Manufacturing 260

Manufacturing South Carolina Real Estate Comparison 260

Pivot88

NOVEMBER 2, 2020

According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Where do they source their products? How do they manage and control their manufacturing process?

Sourcing 52

Sourcing Sustainability Apparel Survey 52

Talking Logistics

FEBRUARY 18, 2016

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Sourcing 125

Sourcing Transportation Jacksonville Georgia 125

DELMIA Quintiq

MAY 21, 2020

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. Manufacturers of medical and cleaning supplies, as well as the specialists overseeing trucking, delivery and logistics companies, might have to make do with limited supplies and labor. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act.

Sustainability 136

Sustainability Manufacturing Sourcing Chemicals 136

TPSynergy

AUGUST 29, 2020

As part of the Supply Chain Management, an important task of the sourcing team is to identify and Onboard new suppliers regularly. Company Information – General information about the company like Name of the company, Corporate web site.

Sourcing 52

Sourcing Electronics Security Manufacturing 52

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. The disruption to global supply chains caused by Beijing’s decision to close factories and lock down cities to contain COVID-19 has jolted Western companies into rejigging their supply chains, with economists predicting that globalisation as we know it will never be the same again. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise.

Taiwan 48

Taiwan Sourcing Vietnam Indonesia 48

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here!

Sourcing 53

Sourcing Six Sigma Miami United States 53

Supply Chain Opz

JANUARY 19, 2015

Strategic Sourcing has been used by companies of all sizes for years. Introduction Long gone are the times when a company could rely on its own strengths and ensure its competitive advantage. In many companies, purchasing thus underwent a significant shift from being rather transactional and tactical, to a more strategic function, able to influence company growth. This commentary highlights some of the key principles to strategic sourcing.

Sourcing 126

Sourcing Michigan Sustainability Resources 126

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere is a provider-led healthcare supply chain company that empowers healthcare organizations to elevate their clinical, operational and financial performance in today’s evolving world.

Sourcing 109

Sourcing St. Louis Procurement New York 109

Jaggaer

AUGUST 12, 2020

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Diversify Your Sourcing Needs. COVID-19 Sourcing

Sourcing 52

Sourcing Africa Warehousing Asia 52

ivalua

JULY 15, 2015

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. Done well, strategic sourcing creates measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

Sourcing 131

Sourcing Strategy Survey Sustainability 131

QAD

DECEMBER 3, 2019

There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. Smaller manufacturers are popping up all over the United States, as well as in other countries, to process and produce locally grown food products. Disrupting the Larger Food and Beverage Manufacturer.

Manufacturing 76

Manufacturing Connecticut Idaho Washington 76

Cerasis

MARCH 24, 2017

Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left behind. Data Manufacturing Supply Chain Technology digital transformation

Manufacturing 224

Manufacturing Industrial Industry Internet of things 224

Cerasis

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. We recommend you get in touch with him if you'd like an expert to guide you to the next level in your manufacturing business. . What is Manufacturing?

Manufacturing 189

Manufacturing Lean Chicago New York 189

EC Sourcing Group

JUNE 17, 2020

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. It refers to the entire process of sourcing and contracting with suppliers to gather all of the services and goods you need to make that final product. Sourcing is but one step in the procurement process. Sourcing and Procurement in Supply Chain Management : Finding the Right Tools.

Sourcing 40

Sourcing Procurement Tools Software 40

USC Consulting Group

FEBRUARY 5, 2019

Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, businesses in manufacturing, mining and metals, food and beverage, and other industries are looking for ways to reduce raw material procurement spending and offset rising material costs. That’s where Strategic Sourcing comes into play. An important lever for modern organizations.

Sourcing 45

Sourcing eBook Beverage Food 45

Supply Chain Game Changer

NOVEMBER 20, 2018

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He knew what his cost point had to be on the product which meant that he had to have the product manufactured overseas. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. The post Outsourcing Sourcing!

Sourcing 52

Sourcing Government Resources Metrics 52

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Third Party Logistics 76

Third Party Logistics Phoenix Company Australia 76

Cerasis

JULY 6, 2015

The world has changed from the oil days of machine assisted assembly lines and manufacturing processes as more robots have entered the workforce. Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supply chain processes, benefit the company, and drive their future success. Driving Forces Behind Robotics in Logistics in Manufacturing. Benefits of Robotics in Logistics and Manufacturing.

Manufacturing 263

Manufacturing Logistics San Francisco Seattle 263

Cerasis

OCTOBER 9, 2015

The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. I remember reading an MIT paper on manufacturing technology trends a couple of years ago. It had a fascinating mention of " Additive Manufacturing " (AM) and how it could be a game changer.

Manufacturing 264

Manufacturing Trends Supply Chain Aerospace 264

Cerasis

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. For a company with sales of $10,000,000, that’s a contribution to corporate profitability of $500,000 to $700,000. And we have also written a comprehensive guide to why you should outsource to a third party logistics company.

Manufacturing 246

Manufacturing Third Party Logistics Freight Capacity 246

USC Consulting Group

DECEMBER 15, 2020

Back in November and December when the economy was running full speed ahead, automotive manufacturers had high expectations for robust sales activity in 2020. One of the issues that automotive manufacturers encountered throughout the pandemic was absenteeism.

Automotive 52

Automotive Manufacturing Quality Capacity 52

Unleashed

AUGUST 31, 2020

To calculate total manufacturing cost you add together three different cost categories: the costs of direct materials, direct labour and manufacturing overheads. Expressed as a formula, that’s: Total manufacturing cost = Direct materials + Direct labour + Manufacturing overheads.

Manufacturing 65

Manufacturing Quality Inventory Resources 65

ivalua

NOVEMBER 25, 2015

Most companies recognize this and emphasize it with guiding principles, such as “customers first” or “the customer is always right.” (At ”) Customer experience initiatives often involve people from diverse parts of a manufacturing organization. However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” This problem appears to be the result of sourcing choices.

Supplier Management 100

Supplier Management Sourcing Manufacturing Innovation 100

Cerasis

JANUARY 18, 2018

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. It is almost impossible to define the exact amount manufacturers will invest in technologies over the coming year, but they are moving toward more sustainable, cost-effective practices. in manufacturing, supply chain, logistics, and transportation management.

Manufacturing 216

Manufacturing Trends eBook Automotive 216

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Jeff: We all know that globalization is affecting the supply chain and companies don’t have the same flexibility with local resources as they did a decade or two ago. But that’s not the only shift in manufacturing. That’s where external data sources come in.

Inventory 131

Inventory Manufacturing Forecasting Analytics 131

Cerasis

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

Manufacturing 191

Manufacturing Trends Predictive Analytics Internet of things 191