article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Configure to Order: This strategy involves customizing standard products based on customer specifications.

article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development

Arena Solutions

Although the technology was considered cutting-edge, it was too slow, difficult to maneuver, and did not adequately address market needs. operations, quality, procurement), contract manufacturers, and suppliers in design reviews and gather their input early on. Involve downstream product team members (e.g.,

article thumbnail

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.

article thumbnail

Reshoring – The Future of Supply Chains

Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast

Companies can lower the risk of disruptions by shortening the supply chain and moving manufacturing close to the points of sale to reduce the need for expensive and time-consuming transportation. In this webinar, Reshoring Institute founder Rosemary Coates will teach you: What is happening in the supply chain today.

article thumbnail

The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

article thumbnail

Manufacturing Plant Site Selection: Where to Locate Your Manufacturing Plant

GlobalTranz

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. download ebook. Do nearby factories emit dust?

article thumbnail

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Time is of the essence and digital dexterity is required. How can L&D step up to provide more value faster?