Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. Further reported was that contractions in intermediate and investment goods more than offset modest increases in consumer goods manufacturing levels. in August compared to 57.7

Manufacturing Procurement 52

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Supply Chain Matters

DECEMBER 4, 2023

Factoring PMI reporting for the month of November, the second month of the final quarter of 2023, the various published actual and leading indicator indices indicate some stabilization in consumer goods production but continued contraction in intermediate goods production.

Procurement Analytics 59

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Elementum

MAY 19, 2022

Whether it’s the goods you require for your everyday life, or it’s the dollars pouring into the economy from the goods and services other people are buying, society’s wellbeing is directly connected to the health of the global supply chain. That means that more than 4,000 shipments are delivered every second. Also in the US: 4.9

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DynaSys

DECEMBER 17, 2019

Some publications focus on the recycling aspect, others on carbon emissions and others on sustainable sourcing. Sustainable Sourcing. Chronologically, raw material sourcing is a logical starting point in the circular supply chain discussion. Sourcing and procurement decision-makers are confronting a perfect storm.

Manufacturing Procurement 53

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Kinaxis

NOVEMBER 27, 2015

That post discussed the trend of companies looking to the Supply Chain function when hiring for the most coveted role at any company: CEO. But the trend of Supply Chain’s rise to the C-suite doesn’t just mean the elevation of Supply Chain professionals into the CEO role at companies. Why is this?

Manufacturing Procurement 100

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Supply Chain Game Changer

SEPTEMBER 16, 2020

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Other industries that don’t ship physical goods (for example Financial Services or Insurance) have adopted sophisticated Strategic Sourcing methodology for their Procurement. Subscribe Here! Email Address.

Gartner 54

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Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Gather global commodity prices and planned global procurement to drive procurement to best prices.

Supply Chain Planning Software 104

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Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. This month, the Economist Intelligence Unit revised its forecast of the overall U.S. inflation rate to be 9.2

Manufacturing Procurement 98

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Unleashed

FEBRUARY 14, 2024

Common examples of finished goods inventory include: Fast-moving consumer goods Electronics Clothing Healthcare products Homeware Vehicles Retailers will typically refer to finished goods as merchandise inventory. Finished goods inventory are the products that are ready for sale to your customers.

Inventory Reduction 52

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Arkieva

JULY 25, 2016

While demand seems to be on an uptick for manufacturers especially in the consumer goods industry, an increase in online shopping could also lead to a scarcity in the availability of distribution centers in the near future. Demand has been really good, frankly a lot better than people expected, and the supply side can’t keep up.”.

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Supply Chain Matters

JUNE 5, 2023

Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. The latest Manufacturing ISM Report on Business® reported a PMI value of 46.9 for May, 0.2 value reported for April.

Manufacturing Procurement 52

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Supply Chain Matters

MARCH 2, 2023

Report authors however, qualified that the domestic market demand was the prime source of activity growth. The trending likely involves industry-specific dimensions, a good example being high tech and consumer electronics supply network resiliency needs. for February compared to January’s value of 47.4.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

SupplyShift

APRIL 28, 2021

Sustainability is one of the fastest-growing priorities in the procurement profession today. Define the Data You Need Before you can start on your sustainable sourcing journey, your company needs to figure out exactly what data it needs. Do suppliers provide any adjacent data in your sourcing platforms?

Sustainability 52

Sustainability Pharmaceutical Sourcing Strategies Optimal Sourcing 52

SupplyShift

APRIL 28, 2021

Sustainability is one of the fastest-growing priorities in the procurement profession today. Before you can start on your sustainable sourcing journey, your company needs to figure out exactly what data it needs. Some examples are: The Sustainability Consortium (TSC) for consumer goods and retail.

Sustainability 52

Sustainability Pharmaceutical Sourcing Strategies Optimal Sourcing 52

Supply Chain Matters

NOVEMBER 6, 2023

On the other hand, the latest report points to consumer goods production rising at the quickest pace in five months. From our lens, this trend may be an indicator of seasonal demand in that the final quarter is usually holiday related demand and spending. October’s reporting clearly reinforces this ongoing trend.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

AUGUST 3, 2022

The two recognized gauges of China’s manufacturing activity reflected differing perspectives and trending. August usually represents the global supply chain ramp up to supporting anticipated Q3 and Q4 holiday spending on consumer goods and other products. Total new orders reportedly fell sharply. for July, down from the 50.2

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

DECEMBER 13, 2022

By Q4, major European manufacturers were exploring alternative sources to produce energy-intensive products such as chemicals and fertilizers, with the U.S. The consumer goods demand that was experienced in 2021 clearly shifted by the mid-year mark and has presented continuing inventory challenges for retailers and businesses.

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Supply Chain Matters

FEBRUARY 23, 2023

The above development was followed by a subsequent Bloomberg published report ( Paid subscription required ) indicating that Barclays Plc has now forecasted that shipping costs “ will likely go below pre-pandemic levels or, at best, back to where they were pre-pandemic given current trends. ”

Negotiating Skills 52

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Talking Logistics

JUNE 17, 2015

Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link]. The bottom line is that many oil and gas companies find themselves today where food and beverage, consumer goods, and other companies found themselves years ago: as laggards in adopting transportation management technology and best practices.

Waste Reduction 100

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Supply Chain Matters

NOVEMBER 30, 2022

automatically combine and analyze data across multiple supply chain systems so businesses can observe their operations in real-time, find trends more quickly, and generate more accurate demand forecasts that ensure adequate inventory to meet customer expectations. ”. This application is described as providing the ability to: “.automatically

Supply Chain Planning Software 59

Supply Chain Planning Software Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software 59

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

Supply Chain Matters

JUNE 7, 2023

Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

AUGUST 4, 2022

We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise. Chinese manufacturing output had reportedly dropped by upwards of 30 percent as consumers shifted spending to services.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

SupplyShift

MARCH 15, 2022

With all of the supply chain disruptions and procurement challenges regarding sourcing in 2021, it’s impossible to reach sustainability goals alone. The Benefits of Collaboration. This is why collaboration with suppliers is imperative. Collaboration helps build trust and transparency, and that can lead to innovation.

Sustainability 52

Sustainability Manufacturing Procurement Procurement Solutions Purchasing Skills 52

Supply Chain Matters

MAY 5, 2023

The April report indicates that any upturn was mainly driven by expansion in consumer goods production demand with marginal growth noted in investment goods demand. The all-important intermediate goods sector, a reflection of global supply network demands, experienced the tenth consecutive month of downturn.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

SCMDOJO

MAY 7, 2024

For example, one production company mapped their second tier of suppliers and realized that all of their strategic suppliers for a particular direct material sourced some components from a single production site, making them dependent on one source. It demonstrates due diligence and accountability in the supply chain.

Optimal Sourcing 76

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SupplyShift

MARCH 15, 2022

The Benefits of Collaboration With all of the supply chain disruptions and procurement challenges regarding sourcing in 2021, it’s impossible to reach sustainability goals alone. This is why collaboration with suppliers is imperative. Collaboration helps build trust and transparency, and that can lead to innovation.

Sustainability 40

Sustainability Manufacturing Procurement Procurement Solutions Purchasing Skills 40

Supply Chain Matters

MAY 3, 2022

Output for consumer goods reportedly had the second-strongest expansion while output for investment and intermediate goods performed weaker. The S&P Global Eurozone Manufacturing PMI® fell to a 15-month low in April to a value of 55.5, from a value of 56.5 reported for March.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

JUNE 30, 2022

This an annual sponsored event by MIT’s CTL organization is where invited MIT faculty and other speakers bring together leading-edge industry and global supply chain trends and insights developed by MIT and external business and academic focused research.

Supply Chain Design Software 52

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ThroughPut

MAY 9, 2024

The software integrates historical sales data, market trends, seasonal fluctuations, and other relevant factors to create detailed demand forecasts. USE CASE: A multinational corporation with diverse product lines and global markets must consolidate data from various sources, including ERP systems, CRM platforms, and external market research.

Supply and Demand 52

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QAD

APRIL 30, 2020

The customization of consumer products has been happening for years in select markets, but recently, it has expanded into a full blown trend, and products in almost any segment can be customized by consumers. For a price, consumers have been able to customize candy and soft drinks with personalized labels.

Manufacturing Procurement 82

Manufacturing Procurement Beverage Material Savings Cost Reduction Strategies 82

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT sensors provide real-time visibility into inventory levels, making it possible to identify sales trends and make more accurate projections to plan for future manufacturing or replenishment. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

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Supply Chain Matters

MARCH 5, 2024

Overall, global activity reportedly showed signs of increased production output for consumer goods production levels but continued muted growth for intermediate supply network and investment goods production levels. manufacturing activity levels, there was contrasting and disparity as to trending.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

o9 Solutions

FEBRUARY 27, 2023

Control towers are more traditionally associated with the consumer goods and retail industries. Knowledge graph-based solutions can connect, structure, and cleanse data from different sources. The post A reflection on supply chain digitization trends in the metal industry appeared first on o9 Solutions.

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Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. For example, by 2020, Unilever expects to sustainably source 100% of its raw materials, even those used for packaging. The Sustainability Drive.

Agile and Lean Supply Chain 40

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o9 Solutions

DECEMBER 17, 2021

While control towers are more traditionally associated with the consumer goods industry and retail, recent events, like the Suez Canal blockage, the Guinea coup over the bauxite mine or the Covid-19 pandemic are creating the need to quickly identify as soon as possible the consequences of such disruption and respond accordingly.

Supply Chain Planning Software 52

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Talking Logistics

JUNE 19, 2018

After all, you can’t source, make, move, store, deliver, measure or improve what you can’t see. Source: GEODIS. Consolidation simplifies the customer relationship by having fewer partners (sometimes only one) but having the right partners, who may do everything from procurement and operations to IT and invoicing and payment.

Optimal Sourcing 101

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