Procurement Academy

MARCH 24, 2022

Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Energy : Russia was the second-largest global exporter of oil and has been supplying over 30% of Europe’s gas. Many of these materials are crucial for electronics manufacturing, including Lithium-Ion batteries.

Ukraine 98

Ukraine Manufacturing Procurement Scenario Planning Supply Chain Planning 98

Enterra Insights

MAY 12, 2022

Despite overwhelming evidence that globalization has improved the world’s economic fortunes — and raised millions out of poverty — it has been aggressively attacked by many in the west as jobs and manufacturing moved overseas. The anger of displaced workers is understandable. And we don’t know how the geopolitics of China will play out.

Global 130

Global Manufacturing Procurement Cost Reduction Strategies Price Reduction 130

Supply Chain Matters

JANUARY 6, 2023

Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China. Global manufacturing activity as depicted by the J. Business Sentiment. a 30-month low.

Predictive Analytics Software 98

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

SYSPRO Smarter ERP

JUNE 14, 2022

Data plays a huge role in the ability to manufacture companies to draw powerful insights and create transformative experiences for customers and business growth. Many manufacturers just aren’t maximising its value and missing out on the unmatched efficiencies it provides. Collecting data for effective usage with business intelligence.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 105

Elementum

AUGUST 1, 2022

Manufacturing and Logistics Many production and logistical units already work at their maximum capacity, and factories, ports, logistics and production are all expensive. During these times, manufacturers must cover up their investments, imposing bigger prices on the distribution channel.

Supply Chain Strategy 78

Supply Chain Strategy Supply Chain Manufacturing Procurement Supply and Demand 78

MIT Supply Chain

MARCH 14, 2022

have predicted owing to the accumulation of inventory in manufacturing. The negative side of the ledger While less expensive, more available goods are welcome, these gains could be wiped out by an economic downturn?—?an an outcome that became a distinct possibility after Russia invaded Ukraine. including myself?—?have

Ukraine 98

Ukraine Global Russia Los Angeles 98

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. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. Select Regional Highlights.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Zipline Logistics

JANUARY 3, 2023

Disruptions across the Chinese manufacturing sector are likely to impact the global supply chain of goods and the world’s economy. . American businesses depend on Russia and Ukraine for a plethora of commodities. Rates could also rise if carrier expenses increase to compensate drivers as full-time employees. .

Freight 74

Freight Price Reduction Cost Reduction Strategies Expense Reduction 74

Unleashed

DECEMBER 15, 2019

Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. The aim of a low-cost country sourcing strategy is to minimise capital investment and maximise profits, with all other costs being equal. Leverage manufacturers and their network. Advantages.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Resilinc

AUGUST 15, 2023

All these modern products are manufactured using the key commodities germanium and gallium. Unfortunately, China has just issued critical restrictions on these commodities, creating a cause for concern for many businesses and manufacturers in the high-tech and semiconductor space. Do you know what these products have in common?

Manufacturing Procurement 62

Manufacturing Procurement South Korea Predictive Analytics Software Japan 62

NC State SCRC

OCTOBER 5, 2022

Thus, expect to see sanctions against Russia continuing for at least five years or more. Supply chain disruptions have been part of this figure, as disruptions to air, sea and ground links through Russia have continued to impact supply. The forecast is that the EU GDP growth will be reduced by 1.3 The Curse of Inflation.

Conference 52

Conference Ukraine Global Purchasing Skills 52

CH Robinson Transportfolio

JANUARY 3, 2020

Accordingly, they developed new logistic strategies to decrease those labor costs. Working in close cooperation with the government of two Chinese provinces, Sichuan and Chongqing, these companies moved manufacturing facilities to inland China. Would you like to reduce your carbon footprint?

Asia 46

Asia Europe Logistics Network Optimization Software Cost Reduction Strategies 46

Elementum

JUNE 30, 2022

Output stalls as price increases reduce demand and it becomes more expensive to borrow money. This could indicate manufactures are expecting to reduce production and are, therefore, ordering fewer raw materials. This could indicate manufactures are expecting to reduce production and are, therefore, ordering fewer raw materials.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Supply Chain Matters

APRIL 6, 2022

The Supply Chain Matters blog highlights March and Q1-2022 global manufacturing and supply chain indices, with the data indicating added headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The S&P Global US Manufacturing PMI™ reported a value of 58.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

Elementum

AUGUST 2, 2022

With the dollar peaking, US goods effectively become more expensive in foreign markets. First, poor policy choices around requirements for organic farming cut Sri Lankan food yields in half. It would reduce trade deficits, lowering demand for imports and, therefore, dollars. Tailwinds Cheaper imports. Demand variability.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Logistics Bureau

JANUARY 30, 2023

With the virus running rampant, members of factory management teams, too, can become thin on the ground, placing manufacturing companies under severe strain. That means companies in the industry, like seafood importers, must maintain higher inventory levels inside expensive cold storage facilities for lengthier periods than ever before.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 77

Resilinc

SEPTEMBER 27, 2022

In this Q&A, Guinto discusses America’s supply chain vulnerabilities—including China’s policy of civil-military fusion—and the strategies he believes are necessary to enable the Department of Defense, its contractors, and other federal agencies to build more resilient and secure supply chains. Can you speak more about that?

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Supply Chain Matters

MARCH 4, 2022

In January, Supply Chain Matters highlighted an announcement from electric vehicle start-up Rivian Automotive disclosing plans to invest in a second volume manufacturing facility be located near Atlanta, Georgia with production operations being planned for 2024. Toyota Halts Production Operations in Russia.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain Software 52

Logistics Bureau

JULY 11, 2018

In some domains, however, software is on its way to eliminating supply chains too, or at least shortening them significantly. While the lean concept was born from the world of manufacturing, agility came largely from software development. Goodbye Lean, Hello Agile. The new mantra is ‘agility everywhere’. How long will offshoring last?

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 84

Supply Chain Matters

APRIL 29, 2022

billion in total operating expenses, including $20.3 Maestri further hinted that suspension of product sales across Russia , and muted sales within across mainland China would likely impact current quarter performance. From our lens, this is a likely signal that supply chain related cost control take center stage in the coming months.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply and Demand 52

ThroughPut

OCTOBER 28, 2019

It could then be held until a more thorough inspection can be made, which can come with an additional expense. manufacturers do to better understand global supply chain operations when exporting goods abroad? The following strategies should get you started: Travel. Even at a price reduction, you salvage quarterly net income.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40

Talking Logistics

DECEMBER 20, 2017

I’ll begin with several high-level trends and factors that will impact supply chain and logistics strategies and operations in the coming year: Free Trade Agreements : “The U.S., I’m not sure either, but unlike my artificially-intelligent friend, I’m willing to put myself out there and make some predictions. However, the price has gone up 42.5

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 91

Supply Chain Movement

DECEMBER 22, 2015

To arrive at optimal European supply chains it is crucial to consider shifts in economic growth, currency fluctuations and tax reductions in addition to production and distribution costs. The logos illustrate the manufacturers’ choices about whether or not to produce close to their sales markets. Production and distribution.

Europe 60

Europe SCM Guinea-Bissau Virgin Islands 60

Supply Chain Game Changer

NOVEMBER 26, 2022

Oilfield services market, in general, covers manufacturers, repairers, and maintenance companies specializing in oil extraction and transportation. A general description of these oil and gas service companies could be that they manufacture, repair, and maintain equipment that is used in oil extraction and transportation. From USD 135.1

Logistics Network Optimization Software 70

Logistics Network Optimization Software Purchasing Skills Manufacturing Procurement Optimal Sourcing 70

Unleashed

JANUARY 22, 2024

In inventory management, FIFO helps to reduce the risk of carrying expired or otherwise unsellable stock. FIFO in inventory management For companies in sectors such as the food industry, where goods are at risk of expiring or being made obsolete, FIFO is a useful strategy for managing inventory in a manner that reduces that risk.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Inventory Management Software 52

Murano Corporation

JANUARY 19, 2016

which combines Cloud Computing, Big Data and Analytics, Horizontal and Vertical System Integration, the Internet of Things, and Cybersecurity to interconnect manufacturers and their customers and suppliers in an extended supply chain. It introduces the much-awaited convergence of digital and physical components in the manufacturing world.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Modeling Software 40