The Logistics & Supply Chain Management Society

AUGUST 14, 2023

IT Competency: Critical for leveraging technology like smart sensors, AI, and data analytics to enhance visibility and control costs. Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

MARCH 5, 2024

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. Commenting on the February data and specifically signs of global momentum, Bennett Parrish, Global Economist at J.P.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

JANUARY 8, 2024

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Resilinc

MAY 2, 2023

From Q3 2022 to Q2 2023, CBP stopped 3,588 shipments for further evaluation valued at $1,078 million mainly from Malaysia, Vietnam, China, and Thailand. Notably, every single shipment from Malaysia detained by CBP fell under electronics. In total, 1042 shipments were stopped from Malaysia; almost 60% of all stopped electronics.

Industrial 62

Industrial Industry Malaysia Vietnam 62

Supply Chain Matters

AUGUST 3, 2023

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The data reinforces the warning signs of June and Q2, suggesting added contraction levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Matters

DECEMBER 4, 2023

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

NOVEMBER 6, 2023

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Even in Malaysia, retail sales during Christmas and Chinese New Year showed an 26.5% Brand loyalty is no longer the driver for consumer purchasing decisions. Technology, such as integrated cloud-based platforms of applications with connected networks and data will help to improve supply chain performance.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Enterra Insights

MAY 16, 2022

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. … To get more visibility and control of the entire process, you want to collect data from suppliers and distributors to a single dashboard.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

o9 Solutions

SEPTEMBER 17, 2021

In fact, according to a recent Accenture report Supply Chain Transformation on the Cloud , many supply chain and related functions such as engineering, planning, manufacturing, fulfillment, and service management are rated as either low or medium in their current cloud adoption levels. Larger compute power at faster speed with more control.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Sourcing Strategies Supply Chain Planning Software 52

OptiProERP

FEBRUARY 25, 2020

CFOs and senior accounting professionals already manage the information that is essential to profitability: general ledger, accounts receivable, accounts payable, purchasing, budgeting, costing and so on. Create standard or customized reports from real-time data for business planning and audit reviews. even on the fly. .

Manufacturing Procurement 103

Manufacturing Procurement Manufacturing Sourcing Strategies Optimal Sourcing 103

NC State SCRC

AUGUST 7, 2017

For analytics to become truly effective in global manufacturing settings, veracity and consistency are critical requirements. Based on a recent interview with an executive at a large global apparel company, several insights regarding improvements in global consistency of data became important.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Analytics Software Predictive Analytics 40

Resilinc

FEBRUARY 14, 2023

For example, you’ll get a quick snapshot of all the tiers of the supplier network, including where all raw materials are sourced from. You know where all of ACME’s manufacturing locations are but nothing beyond that. We also clean and normalize the data. Is that enough for UFLPA?

Supply Chain 62

Supply Chain Manufacturing Procurement Electronics China 62

Vinculum

AUGUST 31, 2020

The high internet penetration and easy access are making online businesses in Malaysia quite beneficial. But before you start online selling in Malaysia, there are certain things to keep in mind like what to sell? In this article, we will see ways to start a business online in Malaysia. Where to sell? And How to sell?

Malaysia 59

Malaysia How To Optimization Software Modeling Software 59

Enterra Insights

FEBRUARY 11, 2020

.” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. .”[3]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Analytics Software Predictive Analytics Software 100

Supply Chain Game Changer

FEBRUARY 18, 2020

I then went on to work as a ‘shipper’, for a swiss confectionary manufacturer and then a global IT distributor. Our magazine, LogiSYM is the largest circulating supply chain magazine globally with more than 70,000 subscribers and we run symposiums in Singapore, Malaysia and Dubai. Quality and Six Sigma.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Singapore 77

Oracle SCM

OCTOBER 24, 2019

Most companies weren't buying from China or Taiwan or Malaysia like they are today. Many organizations that I work with all too frequently have got plenty of visibility into data. They're swimming in data. By lack of insights, I mean having easy access to relevant data about relevant materials in the supply chain.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 84

SYSPRO Smarter ERP

JULY 14, 2022

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Manufacturing 116

Enterra Insights

MARCH 6, 2020

And 55% believe they lack the information they need to make an educated decision about purchasing fair-labor products. (In Manufacturers in the U.S. ” Viederman notes, “Knowing where goods come from is complicated enough when dealing with manufacturing, but commodity products present another level of complexity.

Company 100

Company Manufacturing Procurement Purchasing Training Supply Chain Planning Software 100

Arena Solutions

NOVEMBER 4, 2022

This would include effective management and communication of product data. And what that often means is finding a second source, finding other options, another alternative. This is where good specifications, good records, good documentations, manufacturable designs, all are needed and come into place.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 52

Vinculum

FEBRUARY 24, 2022

As per the report of Facebook and Bain & Company, online purchasing has been grown from 33% to 45% in 2021 in countries like the Philippines, Singapore, and Malaysia. The entire process, from manufacturing to production to management of the orders and delivering at the correct address, is tracked in sequence.

Philippines 52

Philippines Logistics Network Optimization Software Demand Planning Software Modeling Software 52

Supply Chain Movement

SEPTEMBER 8, 2016

These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. The way by which consumers purchase, use and share technology is changing rapidly. The sourcing department is challenged by increasing compliancy issues. Lao People's Democratic Republic.

Guinea-Bissau 60

Guinea-Bissau Virgin Islands Supply Chain Planning Software Agile and Lean Supply Chain 60

Supply Chain Game Changer

NOVEMBER 12, 2019

After Celestica I went to work for Psion Teklogix before starting my own Solar panel manufacturing company. Over my career I have established supply chains for global leaders like EMC, Cisco, HP and others in China, Europe, Thailand, Malaysia, Taiwan, Mexico and across North America.

Purchasing Skills 42

Purchasing Skills Manufacturing Procurement Supply Chain Software Waste Reduction 42

Supply Chain View from the Field

JANUARY 13, 2015

I sure called this one right…Globalization linked with increasing labor costs in countries such as China, as well as fuel costs and regulatory shifts, are driving a dramatic impact on where companies source, where they produce, and the complexity of processes required to sell to the customer. Cost Pressures Will Continue to Escalate.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

EHS Sustainability Knowledge at Work

DECEMBER 13, 2018

According to 2016 FAO data , more than 80% of palm oil was produced in just two countries: Indonesia (53%) and Malaysia (29%). And it is these extra layers of supply chain that create more complexity for those at the end of the chain, such as manufacturers and retailers. What happens next? Soy will continue to expand.

Brazil 58

Brazil Argentina Paraguay Manufacturing Procurement 58

NC State SCRC

JUNE 22, 2023

Do we have a crystal ball, and a system to produce a dashboard of every unit crossing a border where we pay a duty, and how much we are paying different countries like Japan, Malaysia, Vietnam or any of the hundreds of different countries we do business in today with suppliers or distributors? This is all very real.

Global 40

Global Price Reduction Inventory Reduction Cambodia 40

NC State SCRC

AUGUST 23, 2017

Nowhere are disruptions more prevalent than in Low Cost Countries (LCC’s), which have become the focal point for outsourced contract manufacturing for major apparel brands such as Nike, Under Armour, Gap, Apple, and others. The most obvious way to create social responsibility might be just to avoid sourcing markets with low social standards.

Cost Reduction Strategies 40

Cost Reduction Strategies Bangladesh Apparel Pakistan 40

6 River Systems

SEPTEMBER 17, 2019

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs. manufacturing facility in 2014.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

NC State SCRC

JUNE 15, 2016

There is an overlap of countries that are party to both the TPP and RCEP, however for those nations, such as Japan, Vietnam, Malaysia, Australia, New Zealand, Singapore and Brunei, most have gone on the record saying that they see the US led TPP as the most critical and inclusive, and will put the RCEP on hold pending the decision on TPP.

Supply Chain Planning 40

Supply Chain Planning Scenario Planning Material Savings Global 40

Vinculum

SEPTEMBER 17, 2020

The consumers in Malaysia, for instance, want to buy a product in Singapore can now buy it from their own country. The B2C affair is gradually overlapping the B2B segment as customers are willing to purchase products directly from foreign manufacturers and retailers. The Current landscape.

Price Reduction 52

Price Reduction Expense Reduction Eliminating Excel in Purchasing Cost Reduction Strategies 52

EazyStock

AUGUST 8, 2023

Chinese New Year shutdowns Every year factories in China (and other countries that celebrate the Lunar New Year, such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei) shut down so that their workers can celebrate Chinese New Year. In 2024, this will be from February 9-15. and factors in the longer lead time.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

Exapro Hub

JUNE 21, 2018

Every day, thousands of products and clothing purchased are made from its knitted fabrics. Malaysia: 25% / 49%. Source of some data: just-style.com). Cambodia: 30% / 63%. Pakistan: 32% / 68%. Vietnam: 23% / 50%. Sri Lanka: 15% / 38%. Indonesia: 26% / 40%.

China 31

China Sri Lanka Global Bangladesh 31

Logistics Viewpoints

SEPTEMBER 29, 2021

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.

Sourcing Strategies 203

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 203