ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. FastMarkets ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

AUGUST 19, 2022

Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. India and China seem to be importing more energy and crude oil in recent months, while Russia itself has been restricting some energy supplies. Many announced sanctions have not yet taken effect.

Russia 97

Russia Supply Chain Optimization Global Optimal Sourcing 97

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. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, Brazil, Russia and India will become major suppliers as companies access the remaining untapped resources of the world. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Unleashed

DECEMBER 15, 2019

Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. Unleashed’s purchase cost feature allows businesses to update costs like duties, freight or labour as they are received, even after goods have been receipted in and sold. control processes.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Game Changer

JANUARY 18, 2022

Countries like China, India, and most other Asia countries, along with Eastern Europe and Mexico became the preferred location for manufacturing. With responsibility for Global Commodity Management and Procurement, and the sourcing of billions of dollars of goods and services, I saw this dynamic play out first hand.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

Supply Chain Matters

AUGUST 2, 2022

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. Higher costs reportedly have resulted in a 2.8

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. The amount of information flowing in and out of company’s systems, for a supply-chain management process, is massive.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. As Companies Expand Globally, So Will the Level of Operational Complexity.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

CH Robinson Transportfolio

AUGUST 14, 2019

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. However, this year CNY volumes were not as strong as previous years.

Forecasting 34

Forecasting Panama South Korea United States 34