Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Minimizing Manufacturing Changeovers.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

Elementum

JUNE 6, 2016

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. These advantages give the country an edge over, say, China and Brazil. Branching Out.

Manufacturing Procurement 60

Manufacturing Procurement Mexico El Paso Manufacturing 60

EC Sourcing Group

SEPTEMBER 7, 2021

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. Manufacture or refine these goods into basic components.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Supply Chain Matters

AUGUST 10, 2023

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.”

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Game Changer

MAY 26, 2022

On the other hand, many people purchase expensive clothes for special occasions like wedding parties or traditional festivals, etc. What if there was a decentralized digital currency like Bitcoin, which could help textile workers to earn money from home? They want to buy cheap clothes.

Industrial 80

Industrial Industry Currency Manufacturing Procurement 80

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Enterra Insights

OCTOBER 5, 2023

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

Logility

AUGUST 14, 2020

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. By manufacturer or brand. For example, a category manager wants to track products before and after a promotion, by region and manufacturer.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

CH Robinson Transportfolio

NOVEMBER 21, 2016

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. As of midnight that day, the India Rupee (INR) 500 and INR 1000—which constitute 86% of the currency in circulation in India —are no longer legal tender.

Currency 34

Currency India Manufacturing Procurement Cargo 34

Gravity Supply Chain

JANUARY 19, 2023

As suggested by experts, the very first step in identifying these barriers is to understand the various components of the supply chain, which includes understanding the roles of suppliers, manufacturers, distributors, retailers, and customers.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Introduction. Products are the lifeline of your business.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

The Network Effect

JULY 18, 2014

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

Supply and Demand 175

Supply and Demand Supply Chain Planning Currency Supply Chain 175

QAD

DECEMBER 1, 2022

Corporate buying decisions are being made by a generation accustomed to quick turnaround purchases they experience as online consumers. About three-quarters of B2B buyers see website purchases as more convenient than working with a sales rep, according to a Forrester report. How Well is Your Current e-Commerce Platform Performing?

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 97

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Global manufacturing activity as depicted by the J. Business Sentiment. a 30-month low. Prediction Implications.

Predictive Analytics Software 98

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

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Game Changer

SEPTEMBER 11, 2022

Through Bitcoin Evolution, plunge into the realm of virtual currencies. The worth of many nations’ fiat riches has been virtually by BTC, the autonomous currency web, which has defeated national currencies. Learning procedures and information used in manufacturing, not instruction about goods for sale.

Education 96

Education Supply Chain Planning Software Resource Reduction Currency 96

SYSPRO Smarter ERP

MARCH 16, 2022

As a manufacturing or distribution management team you must make tough decisions on managing operations within the organization. The solution can be implemented in several manufacturing and distribution industries, with various efficiencies and opportunities unlocked in the process. Why upgrade your ERP system. Outdated technology.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Optimization Software 116

20Cube Logistics

JANUARY 27, 2022

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This is a direct result of the overstocking/stockpiling that happened in Asian manufacturing and retailing sectors. Political Impacts.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Enterra Insights

SEPTEMBER 2, 2021

Due to the pandemic, e-commerce growth accelerated and manufacturers’ interest in direct-to-consumer (DTC) consumer sales also increased. The cold hard truth for many brands is that consumers are not going to purchase their products via the internet without a compelling value proposition.” Concluding Thoughts. Footnotes. [1]

Price Reduction 130

Price Reduction Manufacturing Procurement Supply Chain Planning Software Analytics Software 130

Unleashed

AUGUST 29, 2023

In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Game Changer

OCTOBER 1, 2022

Outsourcing Sourcing! Machine learning and advanced algorithms reduce the need for regional experts, and instead, collect data from a multitude of sources in order to produce warnings about potential risks. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Lessons from Around the Globe! Foreign Fees.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Planning Supply Chain Manufacturing Procurement 92

Kinaxis

JULY 21, 2017

Competition is using pricing or niche assortments as a means to compete with branded manufacturers. Amidst lessening brand loyalties, CPG brand manufacturers are being forced to become more cost competitive. These cross regional flows and increased sourcing options add to supply complexity.

Packaging 111

Packaging Trends Price Reduction Modeling 111

QAD

JUNE 11, 2020

Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%

South Africa 112

South Africa Africa Saudi Arabia Manufacturing Procurement 112

QAD

JUNE 11, 2020

Manufacturing in South Africa. In addition, automobile assembly, metalworking, machinery, textiles, iron and steel mills, chemicals, fertilizer and food are important manufacturing sectors for the country. Supply Chain Infrastructure for Manufacturing in South Africa. Commercial ship repair is also significant. About 4.6%

South Africa 112

South Africa Africa Saudi Arabia Manufacturing Procurement 112

Supply Chain Shaman

FEBRUARY 22, 2021

The forecast provided input for manufacturing to see and manage constraints in the tactical planning horizon and procurement to align with strategic buying. Each group needs customized views in a demand visibility system to help translate mix, volume, and currency in meaningful ways with baseline demand visibility.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Planning S&OP Scenario Planning 206

Supply Chain Game Changer

MAY 23, 2022

Purchasing items for projects has always been difficult because of high administration costs and risks associated with both the buyer and seller. For instance, Biais and Durand explained how developers could purchase materials directly from manufacturers using cryptocurrencies through platforms without high fees or unnecessary risk.

Supply Chain Network Software 86

Supply Chain Network Software Industrial Industry France 86

Talking Logistics

NOVEMBER 2, 2017

Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? For example, has my country’s sanctions or tariffs impacted the supply chain of the manufacturer, impacted when and how they receive the ingredients for my cologne and at what cost? Is the foreign country’s currency stable?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

The Network Effect

OCTOBER 30, 2015

Given the global nature of automotive manufacturing in today’s networked supply environments, international shipping will be a consideration as part of the trading relationship between Subsystem and Tier 1 Suppliers and their Tier 2 Suppliers. DDP (delivered duty paid), where the named place is the manufacturers receiving location.

Automotive 100

Automotive Supply Chain Design Software Shipping Manufacturing Procurement 100

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?” Most budgets are completed in currency at a brand level. The two primary buffers in the supply chain are manufacturing capacity and inventory. Background. Time horizon. Bias and error. 4 Maximize Buffers.

Supply Chain Design Software 183

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

Talking Logistics

OCTOBER 9, 2014

While omnichannel retailing is in the spotlight these days, lurking in the shadows is another big challenge and opportunity many retailers (and manufacturers looking to sell direct to consumers) have been struggling with for years: cross-border e-commerce. Source: Pitney Bowes (click to enlarge). Source: Amazon.com (click to enlarge).

Logistics Network Optimization Software 154

Logistics Network Optimization Software Purchasing Skills Manufacturing Procurement Supply Chain Network Software 154

Supply Chain Matters

SEPTEMBER 13, 2023

However, there are price hikes involving certain model iPhone 15 phones sold in China , India and Japan to reportedly offset currency value changes related to the U.S. Pricing Strategy Relative to overall pricing business and industry media reports note that this year, Apple has avoided across the board price hikes in the U.S.

Price Reduction 59

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 59

DynaSys

JANUARY 20, 2021

Finally, be mindful of the currency expected for your receivables and payables. Regional supply chain disruptions can add another worry when payment is expected or receivables need to be covered in a foreign currency – a currency that can dramatically shift in value as the contract is being fulfilled.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

Unleashed

MARCH 3, 2020

One of our New Zealand metalwork manufacturers who relies on overseas suppliers for their materials has seen huge supply shortages this month. Check whether it’s possible to source these products from alternate suppliers — potentially from different countries — who are not affected by the issue.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 105

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Manufacturers vs Trading Companies.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49