Logistics Viewpoints

JANUARY 26, 2021

The definition of agility and resilience will continue to evolve. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. There are Also Commercial Reasons.

Agile and Lean Supply Chain

Talking Logistics

DECEMBER 16, 2015

Terrorism : The recent terrorist attacks in Paris and San Bernardino, coupled with the ongoing instability in Syria and Iraq and the spread of ISIS, have raised the risk for terrorism-related supply chain disruptions in 2016. s Victoria’s Secret chain are doing away with the erratic scheduling.” and L Brands Inc.’s

Predictive Analytics Software

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

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. Before you react, here are some definitions. Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective. Almost two decades of reporting.

Gartner

Supply Chain Opz

JANUARY 7, 2013

To get a closer look at the modern day supply chain at Apple Inc, this case study utilizes content analysis technique. Annual Report (SEC Filing) is analyzed and simplified supply chain processes are constructed as below, Supply Chain Planning at Apple Inc. 3) How Complex is Apples Supply Chain?

Case Study

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

Procurement Solutions

Talking Logistics

MARCH 6, 2015

New JDA Capabilities Help to Deliver a Seamless Response to Supply Chain Disruptions. Ports Gridlock Reshapes the Supply Chain (WSJ – sub. Ports Gridlock Reshapes the Supply Chain (WSJ – sub. Descartes Reports Fiscal 2015 Fourth Quarter and Annual Financial Results.

Logistics Network Optimization Software

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier.

Manufacturing Procurement

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. Let’s explore how.

Optimal Sourcing

NC State SCRC

JUNE 15, 2021

The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supply chain disruptions. Supply Market Intelligence Enables Improved Ability to Control Inflation. Handfield, R.B.

Optimal Sourcing

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. Going Digital to Interact with Your Ecosystem. How is the typical company proceeding with this much-needed transformation?

Agile and Lean Supply Chain

Unleashed

MAY 1, 2023

The definition of inventory control chart is a chart that displays the lifecycle and replenishment factors of a product being sold by a business. It helps purchase managers determine the optimal reorder and safety stock levels based on historical company data. The Y axis of an inventory control chart represents order quantities.

Inventory Reduction

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement

Enterra Insights

MAY 16, 2022

understanding that the world has changed in significant ways), supply chain professionals will try to apply bandages to wounds that require major surgery. Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains. Footnotes.

Supply Chain Planning Software

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction

Material Handling & Logistics

SEPTEMBER 13, 2017

The Institute for Supply Management (ISM) recently released the results of a special survey to assess how Hurricane Harvey impacted six key metrics. However, such attention on force majeure provisions is only recent, meaning that many supply chain contracts are likely to address force majeure in only a cursory manner (if at all).

Negotiating Skills

Supply Chain Opz

JUNE 1, 2014

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. They use the bigger trucks (with special compartments for multi-temperature products) and make a less frequent delivery to reduce transportation cost.

Case Study

Jaggaer

JUNE 28, 2024

The topic under discussion was current challenges in direct procurement. And [spoiler alert] our focus was not cost control in the traditional sense. I sincerely believe that procurement has a leading role to play in this transformation, and doing so calls for a true balancing act. No pressure, then!

Manufacturing Procurement

Enterra Insights

MARCH 24, 2022

Right now, the industry cannot rely on historical data, so the value of real-time data and analytics has never been more important to help companies pivot and adapt.” One consumer trend that won’t change is the increased use of the digital path to purchase. ” I agree with that assessment.

Supply Chain Planning Software

Logistics Bureau

AUGUST 7, 2023

3 Steps to Improved Reverse Logistics Three of the most critical tasks in managing returned inventory are determining which products should, or should not, be accepted as returns, calculating the cost of returns, and establishing a definitive course of action based on the condition of each item and the policies that apply to it.

Inventory Management Software

Precoro

JUNE 17, 2024

Supply disruption is defined as any unforeseen event that disturbs a supply chain's normal flow of goods and materials. Such disruptions can result in production disruptions, hampered productivity, and major negative consequences for business operations. Hedge against currency fluctuations.

Supply Chain Planning Software

Unleashed

JANUARY 4, 2022

Here we give you the definitive list of multichannel eCommerce trends for 2022. To stay competitive in the eCommerce space, firms will need to embrace social media commerce in 2022 – which is predicted to boom in the next 5 years 1. The ease of voice shopping directly influences consumer searches and as a result, purchase outcomes.

Trends

ToolsGroup

JUNE 27, 2022

Here’s the usual flow of materials throughout the supply chain as it relates to vertical integration. At the back of your supply chain, you’ve got your raw materials being procured. Now that we have our definitions straight, let’s break down the three basic types of vertical integration. Forward integration.

Price Reduction

Logistics Bureau

JANUARY 1, 2025

Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated. Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted.

Supply Chain Planning Software

Supply Chain Matters

SEPTEMBER 23, 2022

Ford will formally report its Q3 financial performance in late October but was compelled to issue this week’s warning. Together, there are building concerns as to when a semblance of demand and supply balance can be achieved. In the current case of prioritizing more sophisticated and higher margin models to achieve profitability needs.

Cost Reduction Strategies

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management.

Vendor Strategies

USC Consulting Group

NOVEMBER 11, 2020

Citing the definition that Lean Enterprise Institute uses, the publication noted that lean manufacturing is all about changing “the focus of management from optimizing separate technologies, assets, and vertical departments to optimizing the flow of products and services through entire value streams.”

Manufacturing Procurement

ThroughPut

DECEMBER 5, 2023

Let’s start with the definition. Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. Improved supply chain resilience is another massive benefit of accurate demand forecasting. What is Demand Forecasting?

Supply and Demand

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. These teams are also more advanced in the use of planning and more advanced analytics concepts.

Supply Chain Planning Software

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. But first, let’s look at some basic definitions. Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Supply chain disruption.

Inventory Reduction

Supply Chain Matters

JUNE 1, 2022

The following Supply Chain Matters commentary highlights this week’s report by the U.S. international ocean supply chain, negating possible collusion among ocean container shipping lines. International Ocean supply Chain. international ocean supply chain.”. Overall Report Findings.

Procurement Analytics

Unleashed

APRIL 3, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. But first, let’s look at some basic definitions. Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Supply chain disruption.

Inventory Reduction

Supply Chain Matters

SEPTEMBER 17, 2022

The sudden decline in consumer demand for either pandemic or other needed material purchases has caught many businesses with excess inventories and frankly, some surprise. Will other carriers or businesses encounter unanticipated volume drops and added cost exposures by the end of the year? Are holiday forecasts too optimistic?

Cost Reduction Strategies

Enterra Insights

FEBRUARY 20, 2019

Supply chain operations are complicated enough without the addition of VUCA conditions; but, that’s world in which supply chain managers live. Supply chain management. To make that point, Mortson lists ten different definitions for the term from various sources. 10 Different Definitions!

Supply Chain Planning Software

Talking Logistics

DECEMBER 16, 2016

Such monitoring could also help during supply chain disruptions. “If If you have a tsunami and part of your supply chain is knocked out, as happened a few years ago, you have better info about where parts are,” he said, referring to the earthquake and subsequent tsunami that struck Japan in 2011.

Predictive Analytics Software