Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. Ongoing supply chain disruptions related to late arrivals add to the pressures for maintaining a monthly output cadence.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Arena Solutions

JULY 27, 2021

PLM software brings the complete mechanical, electrical, and software design together into a single source of truth and enables product companies and their supply chain partners to streamline product development while driving continuous quality improvement. Document Management. Engineering Change Management.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 98

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. The need for effective supplier relationship management is arguably greater than ever due to supply strains of geopolitical issues, chip shortages, port congestion and other supply chain disruptions.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Unleashed

NOVEMBER 2, 2023

This is an important task, as unforeseen disruptions may force a complete rescheduling of certain processes. It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

DynaSys

JANUARY 20, 2021

To recover from this pandemic have documented plans in place for the following: Headcount ramp up Workplace safety to prevent COVID-19 spread Outbreak readiness. Then document how you developed these plans. And retain this for future crises and disruptions. Challenge N°5 – Your supply side bench strength.

Supply Chain Planning Software 98

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

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Exiger Perspectives

APRIL 3, 2023

This called on stakeholders across industries, academia, the nonprofit community, labor, and state and local government to reinvent the country’s supply chains as resilient, diverse and secure engines of economic prosperity and national security. All of this points to a need for a stronger supply chain risk management program.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

QAD

JUNE 22, 2023

It implemented QAD EQMS’ Document Control , Training Management , Non-conformance and Corrective Action (NCR/CAPA) and Layered Process Audits (Audit/LPA) and is preparing to add Advanced Product Quality Planning (APQP), Supplier Quality and other capabilities. The results have been transformational.

Quality 92

Quality Groups Supply Chain Planning Software Optimal Sourcing 92

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. How do companies assess liquidity?

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. Examples of social sustainability in procurement include: Sourcing from suppliers who provide fair wages and safe working conditions.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Talking Logistics

JUNE 10, 2015

For this purpose, we created a new metric that we call “time to survive” (TTS). It is the maximum duration that the supply chain can match supply with demand after a node disruption. whenever you’re discussing supply chain strategy or decisions.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Kinaxis

SEPTEMBER 6, 2016

According to sources, Stevedores are demanding advance payment in cash. How long will you be able to recover your supply through alternate sources or from the impacted supplier? However, by having well-documented contingency processes, it will likely help you recover faster than your competition when impacted by a disaster.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

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. A key metric in inventory revaluation is Net Realisable Value. Supply chain disruption. Imagine you are a toothpaste maker, sourcing raw materials from overseas.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries. Develop alternative sources and diversify value chains.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Kinaxis

NOVEMBER 24, 2016

Adding automated integration of data from multiple sources, sites, regions and countries allows planners to accelerate decision making without having to wait. By offering one place for data, you can immediately reduce cycle time for collaborative supply chain processes where multiple people need to be involved.

Supply and Demand 100

Supply and Demand Supply Chain Planning Software Modeling Supply Chain Design Software 100

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. A key metric in inventory revaluation is Net Realisable Value. Supply chain disruption. Imagine you are a toothpaste maker, sourcing raw materials from overseas.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

Unleashed

JANUARY 10, 2023

Set up supply chain mapping and event planning Supply chain mapping is the process of documenting all of the individuals and companies involved in your supply chain, from manufacturing components to shipping out the finished product. This grants better vision over your supply chain network.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

HICX Solutions

AUGUST 17, 2023

SPM should be an essential aspect of an organization’s supply chain management strategy due to the complexity and ever-increasing global nature of supply chains; it has become essential for organizations to evaluate their supplier performance diligently. What are the benefits of Supplier Performance Management?

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 52