The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. A large part of any supply chain is maintaining proper communication with suppliers, manufacturers, transportation service agencies, and customers. Price Lookup and Comparison.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

20Cube Logistics

FEBRUARY 11, 2022

To avert those disruptions and the capacity crunches that have been induced by ocean freight, manufacturing industries of various kinds seem to be leaning towards air freight. Thus in order to comply with the factor revolving around promptness, the supply chain industry relies on airfreight as it is the fastest way to ship goods.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

Locus

JUNE 3, 2022

parts per million, in comparison to the 1960 levels of 316.91 Source: Statista.com. The latter was so severe that cargo ships had to run at half their usual capacity. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. parts per million.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Arena Solutions

MAY 31, 2020

Manufacturers rely on the information that is included in the bill of materials (BOM) to build a product. Sourcing Bill of Materials in Arena PLM. In Arena, part sourcing information is also linked so teams can quickly assess who the approved manufacturers and suppliers are for each component. Introduction. Read This Now.

Supply Chain Design Software 58

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Supply Chain Software 58

Supply Chain Game Changer

MAY 27, 2020

Most, but not all companies, have ensured that their manufacturing know-how and secret sauce have remained inside their American engineering teams, but some may have had to relinquish control and exposure to those important day-to-day production details. Loss of manufacturing know-how is a loss of leverage. Manufacturing.

Price Reduction 132

Price Reduction Cost Reduction Strategies Material Savings Purchasing Skills 132

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. ” Or alternatively, “Is there data that could be sourced to help?” Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. What was the root issue?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Enterra Insights

OCTOBER 14, 2020

Now, all that manufacturing, logistics, pricing, customer engagement and general commerce data is obsolete.” AI can evaluate multiple data sources, such as internal company data and publicly available information like anonymized mobile or text data. Prior to the pandemic, historical data provided some guidance. Concluding thoughts.

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Excess Shipping Fees.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Zipline Logistics

JUNE 29, 2021

Retail restocks are a current culprit of increased volume, as are sources of direct consumer spending. Despite a dip in May, retail sales were growing in year-over-year comparisons throughout the back half of 2020 and even into the spring of 2021. Inflation and Freight Market Conditions Driving Up Rates. million openings.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” A common issue in financially-driven companies is the heavy utilization of manufacturing assets past reasonable limits throwing the supply chain out of balance. Background. Supply Chain Trade-offs. . #4

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Freightos

JULY 26, 2018

In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. By comparison, that’s almost as large as the15th largest US passenger fleet. Source: Amazon.com. That’s not surprising, given that Amazon’s shipping costs grew from $11.5 Amazon’s logistics hiring plans.

Logistics Network Optimization Software 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. million barrels of oil a day go through the canal, according to shipping journal Lloyd’s. This issue has affected shipping goods from Asia to Europe and the Middle East. Optimize sourcing decisions.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

GlobalTranz

APRIL 25, 2016

In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The handful of companies in the top quartile of working capital performance had working capital expenditures as a percentage of overall revenues of between 6% and 10%. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

NOVEMBER 25, 2015

Shipping during the holidays does not have to be a source of frustration; however, smooth holiday shipping requires significant planning ahead of time. Raw materials (groceries), manufacturing (preparation), delivery (presentation), etc. They keyword, is planning! are all factors to consider.

Turkey 120

Turkey Comparison Logistics Network Optimization Software Price Reduction 120

AFFLINK

JUNE 14, 2016

Start at the sourcing phase, move into the assembly line, observe the transaction period between the customer and your company, and end at the customer’s final experience with your brand. Source Energy Use is one of the most holistic measurements available. Ask yourself: Where was there unnecessary waste? Energy Use. Load Density.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Enterra Insights

MAY 31, 2019

consumers expect orders, with free shipping, to arrive within three days. Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] are becoming increasingly demanding. ”[2] What has changed?

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Proxima

FEBRUARY 25, 2022

This varies according to what specific form of retail, but in comparison to other sectors, retailers have some of the slimmest margins on the planet. The challenges are clear with resilience costs high, dual sourcing ramping up and capacity buffers in highly globalized price sensitive markets. Source: Crunchbase new.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Retail 52

Proxima

MARCH 20, 2020

Yet, they work in an environment where they’re often the source of frustration. After being manufactured, these bottles will need to be moved again to distribution centers, and then subsequently to retail locations so we can get this critical item in our homes. Your carriers and brokers are your ships. How do we get there?

Sourcing Strategies 45

Sourcing Strategies Manufacturing Procurement Material Savings Supply Chain Planning Software 45

Zipline Logistics

AUGUST 14, 2020

Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons. This figure accounts for more than two-thirds of domestic economic activity and is a reliable freight volume source. All-in-all the market when compared to its predecessors, looks exceedingly strong.

Freight 52

Freight Manufacturing Procurement North America Scenario Planning 52

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logistics Viewpoints

JULY 19, 2023

One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. It provides a single source of truth with visibility and analytics based on the same data. so I went online to order it.

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276

Supply Chain Shaman

OCTOBER 5, 2021

Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

Supply Chain Shaman

JULY 15, 2021

containers are received rom China for every container shipped. In Africa, where 38% of food is imported, the issues in global shipping will compound the unrest. Consumer goods manufacturers will pay 60-70% more in retail deductions, and the retail struggle to source for the holidays will worsen. The Harsh Reality.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

Supply Chain Shaman

OCTOBER 5, 2021

Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Logistics Bureau

MARCH 26, 2018

It might be good for customers to see that your sourcing is ethical. By comparison, blockchain can be used piecemeal. For example, suppose shipping charges depend on variables like transit time. Many blockchain platforms are open source technologies that are free to use. But how much transparency do you want?

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 48

Intelligent Audit

OCTOBER 28, 2021

The increasing pressure of the market, the rising consumer demand, and dwindling supplier deliveries have brought into full view the need for adequate and functional shipping cost allocations. Here’s the reality of the situation and how it adds up to lower total landed shipping spend through management of shipping cost allocations.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica recently strengthened its position in the industry by vertically integrating with the world’s largest lenses manufacturer, Essilor, in January 2017 [2]. Luxottica has manufacturing facilities in five countries: Italy, China, India, United States and Brazil. Manufacturing is outsourced to offshore factories in China.

Manufacturing Procurement 112

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 112

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. Inventory control.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

QAD

APRIL 5, 2022

With this release, QAD has strengthened our cloud ERP offering by delivering new adaptive manufacturing and supply chain capabilities to better address tomorrow’s challenges and rapidly respond to disruption in the marketplace. Digital Manufacturing. QAD Adaptive ERP 2022 Highlights. Integrated Supplier Management.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 95

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Infosys Supply Chain Management

DECEMBER 29, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They are order sourcing, order scheduling, order release and finally order shipping & delivery. Automotive. Communication Services. Consumer Packaged Goods. Financial Services.

Optimal Sourcing 24

Optimal Sourcing Manufacturing Procurement Inventory Reduction Supply Chain Planning Software 24