The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Supply Chain Matters

APRIL 5, 2024

Commenting on the March data, Timothy Fiore, Chair of ISM’s Manufacturing Business Survey Committee indicated in-part: “ Demand remains at the early stages of recovery, with clear signs of improving conditions. From our lens, the data points to India. The 2024 Manufacturing ISM® Report On Business® reported a March value of 50.3,

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Supply Chain Matters

OCTOBER 31, 2023

We stated that procurement and supply management leaders will be expected to lead in supply resiliency efforts across product and business areas. sourcing from China, with a correspondingly rise in import share from low-wage locations, chiefly Vietnam, and regional trade areas, particularly Mexico. ” In 2022, more U.S. Stay tuned.

Study 59

Study Supply Chain Software Supply Chain Strategy Sourcing Strategies 59

Logistics Viewpoints

MARCH 29, 2021

The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. Their goal was to build an infrastructure around applications based on one data model. This closed loop procurement in turn helps ensure products are made on schedule.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Matters

JULY 6, 2023

The data further points to added warning signs that strongly suggest added contraction in the quarter to come. Further indicated was that only 10 out of 29 nations for which June data was available experienced a production increase, 7 of which were in Asia. product demand volumes.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Requis

MAY 22, 2020

On this episode of Supply Chain Next, Rob speaks with host Richard Donaldson about technology, data, supplier relationships, what’s changing as a result of COVID-19, and up-and-coming supply chain talent. Meanwhile, salespeople for suppliers were trying to work around procurement. The next step is to look at the data.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Matters

AUGUST 30, 2023

The data is quite extensive in terms of scope and activity levels. Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. The abstract notes that the research paper “ documents that shifts in the pattern of U.S.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. But most fundamentally, a company must be data driven.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . Canada or Mexico. Thus, data reinforces that U.S. Prediction Background. billion in September.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Matters

JULY 18, 2023

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S. The PC maker reportedly is planning to shift some laptop production to Vietnaes m next year as well.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. 20 Years of Highway Data Shows Roads and Bridges Aren’t Crumbling ( Reason.org ). Mexico trade. The company has a fleet of 2,700 tractors and 8,800 trailers, with more than 2,300 trailers operating in Mexico.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Supply Chain Game Changer

APRIL 19, 2022

Over the past 20 years I have been fortunate to have worked in various industries (Automotive, Electronics, Plastics, Oil/Gas, Financial and Communication Equipment) for various world class companies, with a focus on Strategic Sourcing and Procurement. I am currently on a confidential long term consulting engagement in Mexico.

Material Savings 85

Material Savings Resource Reduction Cost Reduction Strategies Manufacturing Procurement 85

MIT Supply Chain

MARCH 2, 2021

Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. For now, Mendonça, Villena, and Ruiz have focused on just five major markets in the Americas: the United States, Mexico, Brazil, Colombia, and Argentina.

Comparison 52

Comparison America Transportation Colombia 52

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. According to the data, the most jobs are coming from Korea, predominantly by way of foreign direct investment in EV battery manufacturing. Manufacturing in Mexico today is at least 20% cheaper than China.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

BlueYonder

MARCH 6, 2020

Blue Yonder understands the need for data to help our customers plan and respond to the supply chain not only in routine times, but also in times of crisis, such as now with the exponential spread of the Coronavirus (Covid-19). Lucky are the companies that can shift production to other countries like Mexico or Vietnam.

Real-time Visibility 91

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 91

Synovos

MAY 21, 2019

. – May 21, 2019 – Synovos, the leading pure integrated supply chain management company in the world, announced the availability of a new best practices article: MRO Supply Chain Best Practices: Bridging the Gap Between Maintenance and Procurement. The paper highlights the deep and consistent challenges within the MRO supply chain.

Puerto Rico 40

Puerto Rico Manufacturing Procurement Supply Chain Software Supply Chain 40

Supply Chain View from the Field

APRIL 10, 2015

Kevin and I worked together years ago to help define the a baseline framework for strategic sourcing and category management that was deployed within the Lubricants group, and which later became deployed across the entire Shell Procurement organization. We have a rule, that we only want operators in the room, no sales people!

Negotiating Skills 60

Negotiating Skills Negotiate Pricing Optimal Sourcing Sourcing Strategies 60

Supply Chain Matters

SEPTEMBER 8, 2023

The above from our lens is a pragmatic way to view consistently troubling data- that the worst is behind, and that recovery will take added time. This may be the situation the German manufacturing sector is in.

Manufacturing Procurement 52

Manufacturing Procurement Europe Manufacturing Germany 52

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. Labor Department Producer Price Index ( PPI ) data, which reflects the prices paid to suppliers increased 11.3

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. Commenting on the August data, Timothy R. The reported August value was 43.5,

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

TMC

OCTOBER 12, 2017

Data and advanced analytics are revolutionizing the industry, creating value in three stages: 1. Descriptive: data to describe what happened. Predictive: data to anticipate behaviors and occurrences. Prescriptive: data to help determine what to do to achieve goals and real-time decision making.

Prescriptive Analytics Software 62

Prescriptive Analytics Software United States Cost Reduction Strategies Supply Chain Software 62

Material Handling & Logistics

SEPTEMBER 4, 2017

Resilinc’s data repository, which tracks millions of parts and raw materials through multiple supply chain tiers by mapping the global supply chain connections, shows that 68 key chemicals and intermediates originate from the Texas region. Vakil cites several key points to make the case for why this would be a major supply chain disruption.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 97

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

Optimal Sourcing Supply Chain Design Software Material Savings Asset Management 64

Supply Chain View from the Field

FEBRUARY 21, 2014

In its current form the Trans-Pacific Partnership (TPP) is a potential free trade agreement (FTA) between the US and 11 Asia-Pacific (APAC) countries (Canada, Mexico, Peru, Chile, Japan, Vietnam, Brunei, Singapore, Australia, Malaysia, and New Zealand). The United States currently has FTA’s with six (6) of the 11 TPP countries.

Brunei 76

Brunei Peru New Zealand Chile 76

Freight Plus

OCTOBER 25, 2019

This, along with many other leading indicators (transportation data, inverted yield curves, lower GDP) still make the possibility of a recession in 2020 a real possibility. Chris was director of supply chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Talking Logistics

NOVEMBER 9, 2018

Data Science In Walmart Supply Chain Technology (Medium). I’ll repeat what I said back in 2014: You can make supply chain apps simple to use, simple to deploy, and simple to procure — but the rest of supply chain management is anything but simple; it’s complex and messy. Photos from JDRF Ride to Cure in Santa Fe, New Mexico.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Supply Chain Software 101

Enterra Insights

AUGUST 11, 2022

10] When it comes to moving inventory into disaster-prone areas, historical data can help. 1] Jason Samenow, “ Agatha strikes Mexico as its strongest May hurricane ,” The Washington Post, 30 May 2022. [2] And, 5) monitor real-time intelligence from local and national authorities. ” Footnotes. [1]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

TMC

OCTOBER 12, 2017

Data and advanced analytics are revolutionizing the industry, creating value in three stages: 1. Descriptive: data to describe what happened. Predictive: data to anticipate behaviors and occurrences. Prescriptive: data to help determine what to do to achieve goals and real-time decision making.

Prescriptive Analytics Software 48

Prescriptive Analytics Software United States Cost Reduction Strategies Supply Chain Software 48

TMC

OCTOBER 12, 2017

Data and advanced analytics are revolutionizing the industry, creating value in three stages: 1. Descriptive: data to describe what happened. Predictive: data to anticipate behaviors and occurrences. Prescriptive: data to help determine what to do to achieve goals and real-time decision making.

Prescriptive Analytics Software 48

Prescriptive Analytics Software United States Cost Reduction Strategies Supply Chain Software 48

GlobalTranz

JULY 29, 2015

A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. Mexico, in particular, is becoming a preferred locale for manufacturing services, due to its close proximity to the United States.

Transportation Management 120

Transportation Management Transportation Report Demand Planning Software 120

BlueYonder

MAY 10, 2019

Loblaw Senior Vice President of Supply Chain Hardeep Kharaud has led Loblaw’s digital evolution in retail, leading the company’s data science team to evaluate and quickly take advantage of digital technology innovation in the areas of machine learning and artificial intelligence. That’s what makes them this year’s winner for Best Savings !

Optimal Sourcing 40

Optimal Sourcing Material Savings Inventory Reduction Cost Reduction Strategies 40

Logistics Viewpoints

APRIL 5, 2024

This eclipse will be the first total solar eclipse to be visible in the provinces of Canada since February 26, 1979, the first in Mexico since July 11, 1991, and the first in the United States since August 21, 2017. It will be the only total solar eclipse in the 21st century where totality will be visible in Mexico, the U.S.,

Logistics Network Optimization Software 223

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 223

Supply Chain Matters

JANUARY 3, 2024

Truck and rail transportation movements across the Mexico and U.S. As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

DECEMBER 14, 2022

Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions. This is likely to include select areas of added business and supply chain digital transformation, but in more managed and focused scope.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Requis

MARCH 23, 2021

I spent a long time with Bechtel doing large projects all around the world including Mexico, Thailand, Egypt, and India. I joined BP a year before the Deepwater Horizon incident in the Gulf of Mexico. Sustainability should impact procurement choices, such as favoring lower embodied carbon products over higher embodied carbon products.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Supply Chain Matters Insights and Perspectives of the June and Q2 2022 Data. Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

NOVEMBER 6, 2023

The report’s authors indicated that data broken down by production sector reflected that deteriorating conditions were confined to intermediate and investment goods industries. Commenting on the October data, Bennett Parrish, Global Economist at J.P. This index has now remained below the 50.0 it’s lowest level for three months.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59